seven Democratic senators sent an open letter to Attorney General Pam Bondi and the Department of Justice, demanding an explanation for President Trump's pardon of Binance co-founder CZ. The senators accused this pardon of sending a signal to the cryptocurrency industry that they can commit crimes with impunity, and questioned the financial relationship between Trump and Binance. The letter mentioned that Trump's family's decentralized financial platform World Liberty Financial has business dealings with Binance, and there are reports that Binance has paid large sums of money to Trump-related lobbyists. CZ has previously admitted to violating the US Bank Secrecy Act, and the senators are concerned that this pardon will weaken the federal law enforcement's ability to combat cryptocurrency crimes. 

 Binance Futures platform will launch KITEUSDT perpetual contract pre-trading at 18:30 on October 29, 2025, with a maximum leverage of up to 5 times. The underlying asset of the contract is Kite AI (KITE), users can pay attention to subsequent announcements for more information.

 according to Whale Alert monitoring, 443 bitcoins (worth 50.144061 million US dollars) were transferred from an unknown wallet to the Coinbase institutional account (Coinbase Institutional).

according to market news: South Korean listed company Bitplanet (049470.KQ) increased its holdings by 9 bitcoins, currently holding a total of 110.67 bitcoins.

the French National Assembly passed an amendment to the 2026 budget, proposing to increase the digital income tax rate of companies such as Amazon, Google's parent company Alphabet, and Meta from the current 3% to 6%. Although this increase is lower than another proposal to raise the tax rate to 15%, it still means a significant increase in tax revenue. This move by France may trigger a strong reaction from Trump, who has threatened retaliation tariffs against France over this measure. Republican lawmakers in the United States have warned that raising the tax rate to 15% would constitute an unjust attack on American tech companies, leaving the US Congress and the Trump administration with almost no choice but to take strong retaliatory action. This amendment is only one part of the budget bill, which may be voted on next month or in December, and it is still uncertain whether it will become law. Although the 6% tax rate amendment was proposed by members of President Macron's party, the French government still maintains a cautious attitude towards it, stating that it will continue to communicate with the parliament. The French Finance Minister said: "We note the parliament's willingness to strengthen the taxation of digital giants. This matter needs to be handled carefully, especially in terms of raising the tax rate threshold, and we must promote relevant work through European and international dialogue." (Jinshi)

Liquid Capital founder Yi Lihua stated that the current market is in a deep adjustment trend, with AI and gold remaining popular. Large funds are finding it difficult to flow into cryptocurrencies in the short term, leading to most DATs falling below 1 and the continuous disappearance of funding capabilities. Therefore, for now, we choose to take a break. Of course, the market is constantly changing, and everyone should make judgments based on their own understanding and trends. However, we choose to wait for a confirmed bottom before reinvesting.

On October 29th, Chain Detective ZachXBT tweeted that Gurhan Kiziloz is the actual co-founder of Blockdag, secretly hiring Antony Turner to act as a spokesperson, and transferring pre-sale funds participated by retail investors through off-exchange brokers in the Middle East, amounting to millions of dollars.

Binance Alpha will officially launch the BitcoinOS (BOS) trading on October 29, 2025 at 19:00 (UTC+8). After the trading starts, users with at least 240 Binance Alpha points can receive airdrops of 2,688 BOS tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm receipt on the Alpha activity page within 24 hours, otherwise it will be considered as giving up the claim.

 according to market news: The market value of Japan's Bitcoin treasury company MetaPlanet (3350.T) has now exceeded that of Taiwan's electronic giant Acer.

 the market shows BTC falling below $113,000, now trading at $112,999.99, with a 24-hour decline of 1.2%. The market is volatile, please manage risks carefully.