Odaily reports: Crypto analyst Ignas posted on X that PAPER token mining rewards have dropped significantly. Early users could earn 100 PAPER for every $1 of qualifying trading losses, but this has now fallen to approximately 11 PAPER. At current reward levels, a trade with a $1,000 loss would yield only about 10,700 PAPER. Based on recent staking yield levels, this translates to daily earnings of roughly $2.60 to $4.90, requiring approximately 200 to 385 days to recoup the loss—and this does not yet account for dilution effects from token emissions.

In his view, once PAPER opens up for transfer, some trading users may prefer to sell tokens directly to recover losses, creating potential selling pressure. Galaxy Research previously noted that PAPER's market price will affect the scale of mining activity, which in turn determines the protocol's long-term revenue. If a decline in token price leads to reduced mining activity, it could further weaken protocol revenue and staking yields. PAPER's long-term value depends on whether Papertrade can continue to attract genuine trading demand and sustain revenue after incentives decline.

According to MSX.COM data, RAMUSDT rose 10.2% in 24 hours and is now trading at 8.61000 USDT.

Odaily reports: On Friday, France's National Assembly passed Amendment I-3898 with 38 votes in favor, 37 against, and 25 abstentions, which proposes taxing certain cryptocurrency-to-stablecoin conversion transactions. If approved, the relevant provisions are expected to take effect starting in 2027. The measure would change the method for calculating cryptocurrency capital gains tax, meaning that when investors convert Bitcoin or other cryptocurrencies into stablecoins, the resulting gains could trigger tax liability even if the assets are not converted into fiat currency.

The French National Assembly is scheduled to vote on Tuesday on the first part of the 2027 Finance Bill. A proposal to allow realized cryptocurrency losses to be carried forward for 10 years was rejected by the Assembly on Friday with 18 votes in favor, 75 against, and 3 abstentions.

French lawmakers are also reviewing two cryptocurrency tax proposals: I-CF1822 would expand the exit tax to unrealized gains, applicable to taxpayers whose cryptocurrency portfolios exceed €800,000 in total value and who relocate their residence outside France; I-2701 would require the declaration of self-hosted wallet holdings, with a threshold of more than €100,000 in total value for the relevant tax year. Both proposals remained under review as of Monday. (Cointelegraph)

Odaily reports: On October 19, the decentralized stablecoin USDD released its Q3 2026 treasury report. According to the report data, USDD's total treasury revenue for the quarter was $9.7 million, up 26.7% quarter-over-quarter; expenses were $7,601; net profit was approximately $9.7 million; and the treasury balance reached $31.24 million, surpassing the $30 million mark for the first time and hitting an all-time high.

The report noted that USDD's treasury performance saw strong growth in Q3, driven by factors including a significant increase in revenue during the quarter; Smart Allocator asset allocation returns reaching $9.11 million; and quarterly expenses declining 69.4% quarter-over-quarter, further improving treasury operational efficiency. The quarter's performance demonstrated USDD's continued progress in sustainable revenue growth and efficient treasury management.

According to official website data, USDD's current supply stands at $1.78 billion, with TVL at $2.48 billion, and Smart Allocator has cumulatively generated and distributed returns totaling $32.16 million.

Odaily reports: The European Securities and Markets Authority (ESMA) has updated the EU's Markets in Crypto-Assets Regulation (MiCA) register, adding 9 new crypto-asset service providers (CASPs), including BingX's Austrian entity MEGE zweite, bringing the number of independently registered CASPs to 375.

The register also includes the Italian subsidiary of crypto lending platform YouHodler, which has been authorized to provide custody, crypto-asset trading, order execution, and transfer services. Openbank Deutschland, the German subsidiary of Banco Santander's Openbank, is also on the newly added list.

Spain's Prakma Markets and Germany's VR-Bank Alb-Blau-Donau and VR Bank im südlichen Franken have likewise been added to the register. Denmark's Penning Financial Services no longer appears on the latest list.

The electronic money token (EMT) register still contains 50 records involving 25 independent entities; the asset-referenced token (ART) register remains empty. The non-compliant crypto-asset service provider (NCASP) register increased by 5 entries to 178. (Cointelegraph)

According to MSX.COM data, SKDDUSDT has fallen 10.0% over the past 24 hours and is now trading at 11.15100 USDT.

Odaily reports: The BNB Foundation has announced the completion of its 37th quarterly token burn, with a total of 1.6462 million BNB burned, worth approximately $1.197 billion. After the burn, the total circulating supply has dropped to approximately 131.5 million.

According to MSX.COM data, SOXLUSDT has risen 10.1% in 24 hours and is currently trading at 102.06000 USDT.

According to MSX.COM data, INTWUSDT rose 10.1% in 24 hours and is now trading at 18.68000 USDT.

According to MSX.COM data, SOXSUSDT fell 10.1% over the past 24 hours and is now trading at 44.95000 USDT.

According to MSX.COM data, SKUUUSDT rose 10.1% in 24 hours and is currently trading at 16.40000 USDT.

Odaily report: The latest analysis indicates that Bitcoin exchange reserves rose from approximately 2.67 million BTC in early October to about 2.68 million BTC, still far below January levels; rising reserves do not necessarily signal selling, and transfers may reflect custody changes. Bitcoin's 30-day spot demand was once close to zero before turning negative again, while perpetual contract demand remains positive. Addresses holding 100 to 1,000 BTC have maintained net accumulation over the past 60 days, though below the peak seen in late September; net reduction among addresses holding 1,000 to 10,000 BTC is approaching zero, while addresses holding more than 10,000 BTC remain in net reduction, indicating that accumulation has not yet fully unfolded.

Odaily reports that, according to Lookonchain monitoring, a certain address experienced multiple liquidations over the past 10 hours, with a cumulative liquidation of 8,163 ETH, valued at $19.78 million.

Odaily: Bank of America believes that the recent correction in US memory stocks has largely decoupled from fundamentals, with valuation multiples having bottomed out, and the market's concerns about the AI memory boom turning to bust are overdone. The bank expects that average selling prices, revenue, and profit margins for memory chips will remain at super-cycle levels in 2027-2028, and even if earnings growth slows, absolute levels will remain near historical highs. (Cailianshe)

According to MSX.COM data, RAMUSDT has risen 10.1% in the past 24 hours and is currently trading at 8.61000 USDT.

Odaily reports: Total deposits in crypto "vaults" have grown from $4 billion at the start of last year to over $10 billion. Fintech companies, digital asset treasury management firms, and hedge funds are the main depositors in such "vaults." The "vaults" operate through smart contracts on DeFi platforms, with "managers" responsible for selecting lending strategies, setting risk limits, and collecting fees. Yields typically range from 3% to 10%, while higher-risk strategies may deliver returns of 20% or more, though depositors also face collateral risk, liquidity risk, and smart contract risk.