BTC falls below the $82000 mark

Director of the White House National Economic Council, Hassett, stated that while beef and egg prices have decreased, consumer price data for September shows that overall inflation issues still require policy attention. If inflation rebounds, intervention measures are needed. Hassett respects the independence of the central bank and says that Federal Reserve Chairman Kevin Walsh will do the right thing. People are increasing their spending, which is an issue that the Federal Reserve needs to pay attention to. (Source: Jin Shi) AI interpretation: The rebound in September inflation data clearly reveals the stubborn characteristics of price stickiness, completely breaking the market's illusion of a stable decline in inflation. The continued expansion of consumer spending has further intensified the inflationary pressure on the demand side, forcing the Federal Reserve to maintain a tightening stance to curb uncontrolled prices. The intervention pressure faced by policy makers has significantly increased, and the high interest rate environment will be locked in for the long term as a result. This situation directly negates the rationality of a short-term shift towards loose monetary policy, and the market must reprice a more stringent interest rate path.

Circle has issued 250 million USDC on the Solana network.

The German Savings Bank Association (DSGV) has been providing cryptocurrency trading services to customers since October 19th, supported by DekaBank. Cryptocurrency assets are jointly managed by DekaBank and the Stuttgart Stock Exchange. The first batch supports BTC, ETH, XRP, SOL, and POL, with a fee of approximately $1.11 (0.99 euros) per order. Each savings bank will decide its own launch time and plans to cover most interested savings banks in the first half of 2027. Savings banks do not provide investment advice and are advised of price fluctuations and loss risks. (Source: Deutsche Presse-Agentur)

[U.S. Congress Advances the 'Digital Asset Taxation Certainty Act,' Proposes Voluntary Disclosure Program to Reduce Penalties] The U.S. Congress is advancing the 'Digital Asset Taxation Certainty Act,' which mandates the U.S. Treasury to establish a voluntary disclosure program for digital assets within 12 months of the act's enactment. This program would allow taxpayers to amend historical tax filings and reduce penalties. The act has passed the House Ways and Means Committee but still requires approval from both the House and Senate, as well as the President's signature. Taxpayers must submit amended filings within 24 months of the program's launch. Non-willful violators who report within the first 12 months can benefit from a penalty waiver for the first $25,000 of tax liabilities and a reduced penalty rate of 5% for amounts exceeding that threshold.

[Main Password: Multiple platform main players fortify key positions in BTC] Fund movements seem to hide intentions; is market divergence increasing?