BTC breaks through the $111000 mark

Binance has announced the addition of Binance Life (币安人生) to multiple services, including futures contracts, officially launching on 2025-10-20 at 19:00 (UTC+8). Notes: - The maximum leverage for the contract is 50x; please be mindful of trading risks. - Funding rates are settled every 4 hours, with a cap of +2.00%/-2.00%. - The multi-asset mode supports using various assets as margin, but pay attention to the applicable discount rates.

[Kraken Suspends USD Deposits via Plaid] Kraken announced that due to infrastructure issues with the funding provider, it has temporarily suspended USD deposit services via Plaid.

[BAS Team Apologizes for Token Price Drop Due to Airdrop and Adjusts Strategy] The BAS team has issued an open letter apologizing to holders for the approximately 70% token price drop following the '1% airdrop,' citing a misjudgment of selling pressure that led to market volatility. The team plans to adjust future airdrop strategies, optimize distribution methods to reduce selling pressure, and gradually initiate buyback actions to stabilize the market and demonstrate long-term confidence.

[AWS outage causes service interruptions for multiple platforms] Due to issues with AWS services, platforms such as Coinbase, Snapchat, Roblox, Canva, and Duolingo experienced service interruptions. Coinbase stated that it is working to restore access and ensure the safety of user funds. (Cointelegraph)

[Protests Erupt Across the U.S. as Government Shutdown Shakes Market Confidence] On October 20, the U.S. government shutdown entered its 19th day, sparking 'No Kings' protests in multiple cities nationwide. Demonstrators accused the Trump administration of sliding toward authoritarianism. Protest slogans such as 'Resist Fascism' and 'We the People Rule' reflect a societal divide in trust toward power and constitutional governance. The Republican Party labeled the protests as 'anti-American rallies,' but the scenes appeared more as a symbol of liberal resistance against authoritarianism. The shutdown has stalled debt negotiations, frozen budgets, and shaken market confidence, putting pressure on U.S. Treasury yields and causing the dollar index to retreat. Bitunix analysts warned that if the shutdown persists, financial markets could face a deeper crisis of confidence.