October 26, 2025 Bitcoin's Back on the Rise! $BTC
Hey crypto fam! Waking up to green charts today – Bitcoin's surged 0.6% to hover around $115K after that wild dip last week, with analysts calling it a "healthy reset" post the record $19.37B liquidation event. Investors are hedging hard with options expiring on Halloween (worth a massive $31B!), but the vibe? Optimistic AF. Global market cap's up 3% to $3.85T – let's unpack the hottest headlines shaking things up:
1. **Trump's CZ Pardon Sparks Fireworks**
President Trump just dropped a full pardon for Binance's Changpeng Zhao (CZ), freeing him from his 2023 AML conviction. CZ's already tweeting about "responsible innovation," but critics are slamming it as political favoritism tied to Trump's crypto reserve push. Polymarket odds? 40% chance CZ's back at Binance by NYE. Game-changer for exchanges or red flag?
2. **Wall Street Goes Full Crypto**
JPMorgan's dropping a bombshell – by year-end, big clients can borrow cash using BTC & ETH as direct collateral (no ETFs needed, third-party custody). Meanwhile, the Fed's eyeing stablecoin issuers for direct bank access, and Tether minted $1B USDT overnight. Stablecoin tx volume hit $1.25T last month – payments > trading now. TradFi's all in!
3. **ETH Edges Out BTC in Treasury Wars**
a16z's 2025 report drops truth bombs: Ethereum's near-zero issuance (just 0.1% supply growth) gives it a supply squeeze over Bitcoin if corps reserve 10%. Plus, Coinbase's Base L2 smashed Solana's token launch records in July. ETH ETFs saw outflows, but devs are flocking – who's betting on the flippening?
4. **Russia's Sanction Dodge + Global Shifts** Russia's greenlit crypto for foreign trade to skirt sanctions (bye-bye ruble limits). Interpol nabbed 83 in Africa for terror financing via crypto, while Australia's topping web traffic charts. Oh, and Elon? SpaceX shuffled $133M in BTC – whale watching at its finest.
