What’s up everybody — it’s your Daily Crypto News for Friday, October 25th, 2025. My name’s Matt, and after some serious tech issues this morning, we’re finally live. I was talking for ten minutes before realizing no one could hear me, so yeah — good start. But we’re back, it’s all good, and we’ve got a packed one before we roll into the weekend.
First off, big shoutout to Crypto Quile, a.k.a. Comrade Kyle, who’s getting married this weekend. His festivities kick off this afternoon, and tomorrow’s the big day. I wish him and his new bride all the best — wealth redistribution complete.
President Trump Pardons CZ
Let’s start with the story lighting up the internet — President Trump has officially pardoned Binance founder CZ, per The Wall Street Journal.
Coffeezilla tweeted that “crime is now legal,” pointing to what he says looks like straight-up collusion between CZ, WorldFi, and the Trump administration. Here’s the timeline people are talking about:
November 2023 — CZ pleads guilty to failing U.S. KYC requirements, pays a $4 billion fine, and serves four months in jail.
March 2025 — Trump launches WorldFi and its USD1 stablecoin.
May 2025 — MGX invests $2 billion into Binance, paid in USD1.
October 2025 — CZ gets a pardon.
Now critics say that Binance’s ties to USD1 — which is backed by U.S. Treasuries and yields $60–80 million annually to WorldFi — make this look like a financial favor dressed as policy.
My Take:
This is one of those moments that’s messy no matter how you slice it. CZ broke the law, did his time, and paid his fine — but the timing here is too perfect to ignore. Still, it’s probably bullish for the market. If Binance gets back into the U.S., that’s more liquidity, more competition, and a faster return to global on-ramps. Collusion or not, markets move on money, not morals.
The Return of Binance U.S.
Now that CZ’s slate is wiped clean, he’s likely free to re-enter the country and rebuild Binance U.S. If that happens, it’s a serious challenge to Coinbase and Kraken.
Binance U.S. was fast, intuitive, and had less friction than most exchanges. It was also the only place you could trade BNB and BUSD natively. Centralized and opaque? Sure. But functional as hell.
My Take:
I always liked the Binance ecosystem. It’s clean, efficient, and built for real traders. It’s not decentralized, but neither is Wall Street. If CZ is really back, expect volume spikes — and maybe a few SEC migraines.
George Santos Makes a Comeback
Another political shocker this week — George Santos is back in the headlines. After being booted from Congress for basically lying about his entire life, he’s out there stirring the pot again, giving interviews and teasing a new media gig.
My Take:
This guy’s a cartoon villain, but in a weird way, he’s perfect for this era. Total fraud, total confidence. We’re watching the political equivalent of an NFT rug-pull who keeps getting re-minted.
France Proposes Global Taxation
France just officially proposed a global taxation system for its 2026 national budget. French citizens would owe taxes on all global income if they move to a region with taxes 40% lower than France’s.
In short — if you move to Dubai or Singapore to escape taxes, you’ll still owe France. It’s modeled loosely after how the U.S. taxes expats, but critics are calling it a government cash grab from a broke state.
My Take:
This is what happens when social systems outgrow their tax base. Europe is aging fast, debt is rising, and governments are hunting for revenue. If France goes through with this, expect high-net-worth citizens to drop citizenships entirely — and maybe take a harder look at Bitcoin and self-custody.
Inflation, Taxes, and Anger Rising
We’re seeing a global feedback loop: inflation eats savings → governments overspend → they raise taxes → citizens get pissed → and capital moves offshore. It’s happening in the U.S., the EU, and now even parts of Asia.
My Take:
This is the macro backdrop for Bitcoin. Every new tax scheme, every deficit, every broken promise to balance budgets — it all reinforces why Bitcoin exists. Scarcity doesn’t need a government sponsor.
JP Morgan to Accept Bitcoin and Ethereum as Collateral
Just a few hours ago, JP Morgan announced it will now accept Bitcoin and Ethereum as collateral in its digital asset strategy. That’s huge. Wall Street is officially normalizing crypto as financial collateral, not just speculation.
My Take:
This is quietly one of the most bullish things we’ve seen all year. Forget ETFs — collateral status is what gives assets staying power. It’s another step toward crypto becoming institutional plumbing.
Crypto Prices
As of 9:20 a.m. Eastern:
Fear & Greed: 41 (still Fear, but improving)
RSI: 53 (neutral)
Ethereum: $3,971 (+3.4%)
BNB: $1,105 (+3.5%)
XRP: $2.50 (+2%)
Solana: $192 (+2.7%)
Dogecoin: $0.198 (+1.8%)
Tron: $0.334 (+1%)
Cardano: $0.69 (+1.2%)
Total market cap: $3.81 trillion (+1.9%)
Bitcoin dominance: 57%
World Liberty Financial is up 13% in 24 hours — likely thanks to the CZ connection.
My Final Thoughts
If you’re still looking at this market through a political lens, you’re missing the point. The only question that matters: does the number go up or down?
Yes, it’s probably collusion. Yes, it’s probably corrupt. But it’s also bullish. The White House, the banks, and the biggest exchanges are all playing the same game now. You don’t have to like the rules to profit from them.
And congrats again to my brother Crypto Quile — enjoy the wedding weekend, man.
See you all next week.
Happy HODLing, everyone.
