Odaily reports, according to MSX.COM data, multiple US stock-related contracts saw their 24-hour declines widen, among which INTW fell 11.6% and is now trading at 16.97 USDT; AXTI fell 6.6% and is now trading at 52.83 USDT; BWET fell 6.4% and is now trading at 816.42 USDT; SNXX fell 6.3% and is now trading at 9.67 USDT; INTC fell 6.1% and is now trading at 89.57 USDT.

Odaily: Liquid Network has released an update on its recovery progress. The user swap function is now restored, and federation members can use the semi-automated swap service. Asset peg and balance verification functions will also fully return to normal soon.

Odaily reports: According to MSX.COM data, at the U.S. stock market open, the Dow rose 0.09%, the S&P 500 fell 0.17%, the Nasdaq fell 0.41%, and the VIX fear index rose 1.14%. AI concept stocks fell broadly, with Astera Labs down 3.07%, Super Micro Computer down 2.4%, Teradyne down 2.39%, Dell down 2.21%, and Arm down 2.2%.

It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily reports: According to the latest data from Gate, the price of gold fell to $4,117.33 per ounce, down 0.6% intraday. The price of silver fell to $57.157 per ounce, up 0.86% intraday.

In forex, the U.S. dollar fell 0.09% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.67575. The U.S. dollar fell 0.3% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 158.

In global stock indices, the Europe 50 Index (EUSTX50) fell 0.03% intraday to 6,093.5 points; the UK FTSE 100 Index (UK100) fell 0.33% intraday to 10,687.4 points; the Germany DAX40 Index (GER40) fell 0.2% intraday to 25,143.8 points.

In commodities, WTI crude oil rose 1.18% intraday to $100.47 per barrel. Brent crude oil rose 0.89% intraday to $111.7 per barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFD), major indices, and commodities, enabling deep integration of crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web端, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the diversified asset allocation experience.

Odaily report: Crypto analyst Ali posted on X platform that Cardano (ADA)'s SuperTrend indicator has turned bearish, releasing a sell signal. The last time a similar signal appeared was on May 22, after which ADA's price retraced 46%. From a technical perspective, $0.21 is the current key support level and also the lower boundary of ADA's ascending channel. If the daily closing price falls below this level, it may indicate that the ascending channel has been breached, with the price potentially dropping further to $0.17.

Ali further noted that although whales holding between 100 million and 1 billion ADA have maintained relatively stable positions over the past 10 days without showing a clear directional bias, a sell signal has now emerged. Going forward, focus should be on whether the $0.21 support level holds and whether whales begin to reduce their positions.

Odaily reports: Stablecoin issuer Tether's investment arm Tether Capital has announced its participation in AI chip company Tenstorrent's $1.5 billion Series E funding round, valuing Tenstorrent at $6.2 billion post-funding. Tenstorrent, led by chip architect Jim Keller, primarily develops high-performance AI processors, server systems, and software, aiming to provide open AI computing infrastructure and reduce developers' reliance on the proprietary hardware and cloud services of a handful of large tech companies.

Tenstorrent plans to use this round of funding to expand production and deployment of its Galaxy server systems, advance R&D in AI chips and CPU technology, and expand its global commercial operations. The company's technology already serves enterprises including Samsung and LG, with applications spanning large language models and video generation, among other fields.

Odaily reports that the Swiss Financial Market Supervisory Authority (FINMA) approved the country's first spot ETF that directly holds Bitcoin and is aimed at retail investors on October 20. The product falls under the "other alternative investment funds" category and provides investors with regulated Bitcoin exposure.

FINMA exempted the fund from the usual diversification requirements, while requiring enhanced custody, disclosure, and investor suitability assessments, and warning of Bitcoin price volatility and the potential risk of significant losses. The issuer, manager, ticker, and listing date have not yet been announced. (Bitcoin.com News)

Odaily Report: Strive CEO posted on X platform stating that dividends must be declared by the board of directors. Important information can be found in the company's 8-K filings and the prospectus and prospectus supplements filed with the SEC.

Odaily Report: A report notes that in Q3 2026, organic stablecoin transfer activity averaged over $400 million in transfers per hour. Over the past 12 months through July 31, approximately 73% of filtered stablecoin transfer volume occurred outside U.S. banking hours. Adjusted quarterly stablecoin transfer volume has grown to 4 times its original level since early 2023, reaching $891 billion in Q3 2026; at the current growth rate, it is projected to reach $1.5 trillion by the end of 2027. Sending a $200 remittance using USDC via the Base network saves approximately 86% in fees compared to traditional payment channels.

Odaily: Brad Gerstner, founder of Altimeter Capital and a key driving force behind the Trump Account program, said that the relevant team is pushing legislation to expand Trump Account eligibility to people under 40 and allow funds to be used for retirement, education, and entrepreneurship. The expansion is expected to cover about 100 million additional people, and related legislation may be introduced in the coming months.

Brad Gerstner expects that by the end of 2027, total private donations to Trump Accounts could reach $100 billion. Previously, Elon Musk announced plans to gift one SpaceX share to every American child in 2027, with the total value estimated at nearly $11 billion based on current valuations. The shares will be distributed through the account program.

Currently, Trump Accounts are primarily aimed at U.S. citizens under 18. Funds in the accounts will be invested in the stock market, and beneficiaries can use them for education, home purchases, entrepreneurship, and other purposes after turning 18. However, the plan to expand eligibility still awaits legislative progress. (New York Post)

Odaily — France narrowly passed a cryptocurrency tax amendment that proposes a 31.4% capital gains tax on transactions converting crypto assets into stablecoins starting in January 2027. The amendment still requires approval from the French Senate and must go through the budget reconciliation process before it can officially become law.

Odaily reports that Bitget has launched the "Limited-Time Stock Subsidy — Pharma Boom" campaign, running from October 20, 21:00 to October 26, 18:59 (UTC+8). During the campaign, users who trade designated pharma-themed rTokens such as rUNH and rLLY and complete trading volume tasks can earn mystery box rewards.

The mystery box prize pool includes rPFE spot cash vouchers ranging from 0.04 to 50, with up to 30 mystery boxes available per day and a 100% win rate. In addition, the campaign features a leaderboard session where users can share in 285 rPFE rewards based on trading volume rankings, with the champion receiving 100 rPFE.

According to a Reuters poll, all 100 economists expect the Federal Reserve to raise interest rates in December 2026. (Jinshi)

Odaily Report: According to monitoring by on-chain analyst Yu Jin, the hacker who stole $285 million in assets from Drift Protocol in early April transferred 25,710 ETH, worth $61.24 million, through Tornado 3 hours ago. In early April, the hacker exchanged the stolen assets into 131,564 ETH at an average price of $2,154, and in July transferred 24,400 ETH through Tornado; the address currently still holds 81,454 ETH, worth $194 million.

Odaily reports that, according to an official announcement, Binance Alpha will list Axis Robotics (AXIS) on October 21. After trading opens, eligible users can use Binance Alpha points on the "Alpha Events" page to claim the airdrop.

Odaily reports: Real-world asset platform tx has launched the USD stablecoin USTX for use in its wallet and its planned tokenized stock market. Users can mint USTX using USDC from 8 blockchains and redeem it back to USDC, with supported networks including Ethereum, Solana, and Base.

Fintech platform Brale is responsible for issuing USTX, managing reserve assets, and executing minting and redemption. tx co-founder and Chief Legal Officer Ashley Ebersole stated that USTX is not a USDC-backed wrapped asset or a synthetic representation of USDC; it uses an independent 1:1 reserve structure through Brale.

According to tx's disclosure, each USTX is backed by $1 in assets, with reserves including cash, bank deposits, government money market funds, and short-term U.S. Treasury bills. Eligible USTX users can also earn rewards through the tx wallet program, and Ashley Ebersole said the reward program was designed based on legal advice to comply with the relevant provisions of the GENIUS Act. (Cointelegraph)