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According to the official website of the State Taxation Administration, the Taxation Administration has issued a reminder for offshore trust taxpayers to declare and pay individual income tax on offshore trust income before the transition period ends on October 22. Those who complete the declaration and payment during the transition period will not incur late fees.According to the "Announcement on Matters Related to Individual Income Tax for Offshore Trusts" (Announcement No. 21 of 2026) issued by the Ministry of Finance and the State Taxation Administration on July 24, offshore trust taxpayers are required to declare and pay taxes on offshore trust income. The announcement provides taxpayers with a 90-day transition period, during which the tax authorities will offer tax guidance and tax filing services.

According to four informed sources, the Bank of Japan may raise its inflation outlook for the next fiscal year in the forecasts to be released this month, as rising oil prices are exerting more persistent price pressures on the economy than expected.Sources said that given that the Bank of Japan just raised interest rates last month, it is expected to maintain interest rates at the two-day policy meeting ending on October 30, unless the yen exchange rate falls significantly again, which would raise import costs and overall inflation levels.Sources indicated that the Bank of Japan may continue to emphasize the growing inflation risks in the quarterly report released after the meeting, leaving room for another rate hike as early as December. One of the sources pointed out that the increase in consumer prices may last longer than expected, although underlying inflation has not changed significantly. Two other sources also expressed the same view.

According to the official announcement, the Gate Idle Money Treasure × Yu Bi Bao second phase interest rate increase activity is ongoing. This phase of the activity covers USDT current financial products, and users who meet the specified net recharge conditions can receive additional interest rate rewards.In the Idle Money Treasure activity, users who accumulate net recharges of BTC, ETH, and USDT to reach the specified threshold during the activity period and activate Idle Money Treasure can receive additional interest on top of the basic earnings. Specifically, if the cumulative net recharge reaches 10,000 USDT, users can enjoy an additional 1% interest rate, resulting in a comprehensive annualized yield of 4%; if it reaches 50,000 USDT, users can enjoy an additional 2% interest rate, resulting in a comprehensive annualized yield of 5%. The upper limit for the principal eligible for interest rate increases in both tiers is 50,000 USDT.The Yu Bi Bao activity is open to VIP 2 to VIP 14 users. If the cumulative net recharge of USDT reaches 100,000 USDT and users subscribe to a 7-day fixed-term financial product in USDT, they can enjoy an additional 7.3% interest rate on top of the 3.7% basic annualized yield, resulting in a comprehensive annualized yield of 11%. The upper limit for the principal eligible for interest rate increases is 100,000 USDT. Users must continuously meet the net recharge requirements during the subscription and the order's duration to receive the additional interest rate rewards.

According to official news, BNB Standard Corporation (BNC) has announced the appointment of Alex Odagiu as the new CEO. Public information shows that Alex Odagiu joined YZi Labs in September 2021, starting as an investment manager and was promoted to investment partner in September 2025.During his time at YZi Labs, he was mainly responsible for Web3-related investments, covering DeFi, payments, stablecoins, RWA, and the intersection of AI and cryptocurrency, and served as a mentor and judge for the BNB Chain MVB Accelerator across 10 seasons. He also participated in the EASY Residency incubation program and has invested in projects such as Avalon, Aspecta, Canton, Hemi, Concrete, Mysten Labs, and Aptos.In June 2026, he was appointed as the interim president and director of BNB Standard Corporation. On October 19, 2026, he officially took on the role of CEO of the company and resigned from all positions at YZi Labs, including investment partner and related positions on the investment committee. In June of this year, YZi Labs reached an agreement with the then BNB Standard Corporation CEA Industries (now BNC) to resolve governance differences and jointly promote management adjustments.

According to SoSoValue data, yesterday (Eastern Time October 19) the total net outflow of Ethereum spot ETFs was $103 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was Blackrock ETF ETHA, with a single-day net outflow of $95.3953 million. Currently, the historical total net inflow of ETHA has reached $12.398 billion. The second was Fidelity ETF FETH, with a single-day net outflow of $5.9632 million, and the historical total net inflow of FETH has reached $2.338 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $14.765 billion, with an ETF net asset ratio (market value compared to the total market value of Ethereum) of 5.04%. The historical cumulative net inflow has reached $12.837 billion.

According to SoSoValue data, yesterday (Eastern Time October 19) the total net inflow of Bitcoin spot ETFs was $527 million.The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $665 million for the day, bringing the historical total net inflow of IBIT to $66.233 billion. The Bitcoin spot ETF with the highest net outflow yesterday was Fidelity ETF FBTC, with a net outflow of $83.6315 million for the day, and the historical total net inflow of FBTC currently stands at $10.371 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $105.459 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) reaching 6.4%, and the historical cumulative net inflow has reached $57.405 billion.

According to the market information platform Liquid247.xyz, the current price of BTC is $82,144. The thickest order book is on Binance spot: buy orders amount to $12,534,100, and sell orders amount to $8,082,800, with buy orders exceeding sell orders by $4,445,300.The perpetual buy orders on OKX are also thicker than sell orders, but the scale is smaller than that of Binance spot. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

The Hyperliquid Policy Center issued a statement urging the U.S. Securities and Exchange Commission (SEC) to exclude airdrops from the definition of securities. The center advocates that the position proposed by the SEC in March 2026 should be written into the rules, stating that free airdrops do not constitute "monetary investment" and therefore do not fall under investment contracts.The center also argues for the extension of the above rules to include announced airdrops, including periodic or regular distributions. Applicable prerequisites include that the network is operational, eligibility is based on usage or contribution, such as trading, validating, providing liquidity, and governance, and that airdrops are not a means of financing.The center believes that investment requires tangible and identifiable consideration, and airdrops are rewards rather than investments. Processes for claiming, such as connecting wallets, signing, paying gas fees, completing KYC/AML, or accepting terms of service, should not be considered as consideration. Furthermore, the rule should be retroactively applicable to past airdrops or cover Hyperliquid's native airdrops.

Former President Donald Trump expressed gratitude to Elon Musk for the "National Airdrop." Trump stated that he sincerely thanks his "legendary friend" Musk for donating SpaceX stock to millions of American children through the TRUMP account.Trump mentioned that this aligns with the vision when establishing the TRUMP account, which is to bring together the private sector, Musk, and other forces to invest in American children, ensuring that every American child can have a piece of the American Dream.Previously, Musk announced that next year he would gift one share of SpaceX stock to every child in America, calling this the first of a series of similar initiatives in the future.

According to foreign media reports, the Korea Composite Stock Price Index KOSPI fell sharply again after rebounding for two consecutive days, with a drop of up to 4.76% during trading on October 20, and it fell below 5500 points. The decline was attributed to rising U.S. Treasury yields and the weak performance of a data center company's first day of trading. Foreign investors reduced their holdings of Korean stocks, and institutional investors, including pension funds, also joined in selling.As of the time of writing, foreign investors had net sold 636.7 billion Korean won in the Korean securities market, while institutional investors net sold 467 billion Korean won, including financial investment institutions net selling 241.8 billion Korean won and pension funds net selling 159 billion Korean won. Individual investors net bought 838.8 billion Korean won, and other legal entities net bought 261.6 billion Korean won. Eugene Investment & Securities analyst Huh Jae-Hwan stated that this round of selling exhibited indiscriminate characteristics, with almost all stocks declining, and the market appeared very weak, with battery manufacturers that had led the rebound on Monday also experiencing a pullback.

The decentralized perpetual contract trading platform Aster announced that, in light of recent developments related to PAPER and potential market risks, it has adjusted the pre-market perpetual contract for PAPER to a liquidation-only mode and plans to officially delist the contract at 9:45 AM Beijing time on October 20. Aster recommends that users holding open positions proactively close their positions before the delisting, calling this a precautionary measure to manage market risks and maintain trading order.Previously, Papertrade stated that there are currently no plans to allow external transfers of the PAPER token and will adjust short-term trading fees and the token issuance curve. The team believes that the PAPER perpetual contract could make the liquidity pool's solvency a target for short selling, and external short exposure may increase the profit potential for manipulation attacks, as these markets are not controlled by the protocol.Papertrade founder Jez also pointed out that due to the rapid progress of the perpetual contract market, PAPER is currently set to a non-transferable status to avoid potential attack risks and maintain the long-term healthy development of the protocol. Jez emphasized that PAPER represents users' rights to the protocol's earnings, and its long-term value depends on whether Papertrade can continue to attract traders. The team made this risk management choice based on the operational data from the first week after the protocol's launch.

Bitget has launched perpetual contracts for 4 popular stocks: CSTOCK (Citibank), MDT (Medtronic), BP (British Petroleum), and VLO (Valero Energy). The above contracts are settled in USDT, supporting up to 20 times leverage and 24/7 trading. As of now, Bitget supports a total of 368 stock perpetual contract underlying assets.

According to the market information platform Liquid247.xyz, the current price of ETH is $2,396.19. The thickest order book is on Binance perpetual: sell orders amount to $58.8583 million, buy orders amount to $53.9494 million, with sell orders exceeding buy orders by $4.9089 million.Binance spot, OKX perpetual, and Hyperliquid perpetual sell orders are also thicker than buy orders, but the scale is smaller than Binance perpetual. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 8.013 billion dollars, with long positions at 3.746 billion dollars, accounting for 46.75% of the holdings, and short positions at 4.267 billion dollars, accounting for 53.25%. The profit and loss for long positions is 164 million dollars, while the profit and loss for short positions is -129 million dollars.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2322.65 dollars, currently showing an unrealized profit and loss of -7.8751 million dollars.

According to The Block, Citigroup Research stated in its latest report that Aave is a decentralized collateral liquidity ecosystem, representing one of the more significant real-world cases in tokenized financial infrastructure.Citigroup indicated that collateral liquidity could ultimately become one of the most important use cases for tokenization.

According to Catcher Predict monitoring, in the market prediction event "Bitcoin Price Prediction for October 19" on Polymarket, the "Yes" option for the sub-market "81,000 USD" experienced a dramatic fluctuation in winning probability, soaring from 12.5% an hour ago to the current 29.5% (a fluctuation of 17%). Please note the impact of related breaking news.

According to "Du Jia," the Meituan AI team has launched the AI Agent skill platform DeepSkill, which currently includes over 370,000 validated Skill tools that have been tested through real tasks, nearly doubling from 130,000 at the beginning of September.The platform does not use a traditional directory search model; users can directly describe their task requirements, and the platform automatically breaks down and matches candidate Skills from the library. The platform will scan and analyze all content of the Skills, outputting an analysis report that includes capability boundaries, tool invocation, potential risks, and data security reviews. It also features trend rankings on GitHub, authoritative source rankings, and market hot search rankings. Currently, major companies such as Tencent, ByteDance, and Alibaba have made arrangements in the Skill platform field.

According to on-chain analyst Ember (@EmberCN), a whale that leveraged $30 million worth of ETH at $1,647 in early June sold 12,468 ETH yesterday at a price of $2,368, exchanging it for $29.52 million USDC, realizing a profit of approximately $8.99 million.Subsequently, the address transferred $20 million USDC to Hyperliquid to go long on crude oil, and has currently opened long positions worth approximately $22.4 million in crude oil contracts (including CL and BRENTOIL), and is still adding to the positions.

Financial Associated Press, October 20 - Amazon launched the open-source tool TorchNeuron on the 19th local time, aiming to lower the barrier for developers to transition from NVIDIA chips to its self-developed chips, challenging NVIDIA's software barrier built on CUDA. According to reports, this tool allows AI code written in PyTorch to run on Amazon's self-developed AI chips without the need for rewriting. PyTorch is maintained primarily by Meta and is described as an open-source framework used by most AI developers.Amazon's chip design department, Annapurna Labs, introduced that with TorchNeuron, developers only need to modify one configuration to run the same code on the self-developed Trainium chip. Amazon announced the launch of this tool on the 19th local time and plans to publicly release it in a free open-source format at the PyTorch conference in San Jose, California on the 20th.Colin Brace, Vice President of Software at Annapurna Labs, stated in an interview that the launch of TorchNeuron is intended to reduce the steps required for developers to try Amazon's self-developed chips, starting from the customers' existing workflows. He revealed that over 30 early customers are already using it, covering fields such as robotics, world models, and voice AI, and mentioned that switching to Amazon chips can save costs.