Good morning, everyone — it’s your Daily Crypto News for Monday, October 6, 2025. I’m Matt, and before we get into the wild Bitcoin charts, I’ve got to say happy anniversary to both my mom and dad — who, ironically, are divorced but remarried on the same day. My dad’s celebrating 25 years, my mom 24. So happy anniversary to them both.
Now — Bitcoin hit a new all-time high. The question everyone’s asking: what’s next?
If you missed my weekend livestream breaking it all down, it’s up today at dailycryptonews.net. Check the Substack — the replay will drop for everyone later this week. Also, check out
nightly market breakdown over there — he’s got a great take on where we’re headed next in the macro picture.Let’s jump into today’s headlines.
Apple and Google Remove ICE-Tracking Apps
Apple and Google have pulled two popular apps — ICEBlock and Red Dot — that let users crowdsource reports of U.S. Immigration and Customs Enforcement activity. The takedowns came after a sniper attack at an ICE facility in Dallas, where the suspect reportedly searched for ICE-tracking apps before opening fire.
Attorney General Pam Bondi called the apps a “threat to officer safety” and said they put agents at risk. Developer Joshua Aaron, creator of ICEBlock, said Apple blindsided him — the app had 1.14 million users and passed legal vetting weeks before approval. Apple cited DOJ safety concerns; Google said Red Dot violated user-generated content rules but denied receiving any federal request.
Aaron is suing, calling it censorship and a First Amendment issue. He compared ICEBlock to Apple Maps or Waze — where people already warn others of police or speed traps.
My Take:
This isn’t just a tech story — it’s a sovereignty story. If Apple and Google can decide what’s considered “acceptable” speech, who’s really in control? A digital middleman deciding which forms of organization are allowed is dangerous ground. Replace “ICE alerts” with “bank runs” or “political protests,” and you see the same pattern.
This also circles back to stablecoins and financial sovereignty. If the DOJ can tell private companies like Circle, JPMorgan, or Tether to freeze wallets for people funding the “wrong” kind of organization, we’ve lost the entire point of decentralized finance. That’s not a slippery slope — that’s a slope we’re already sliding down.
Galaxy Digital Launches Galaxy One with 8% APY
Galaxy Digital just launched Galaxy One, a new investment app targeting individuals instead of institutions — basically their version of Robinhood meets Kraken.
You can trade crypto (Bitcoin, Ethereum, Solana) and stocks with zero commission, but what’s turning heads is the 8% APY yield they’re offering to accredited investors — and 4% for everyone else.
My Take:
8% APY sounds great, but that’s the red flag number — that’s the “we’re trying to get your money on the platform” rate. It’s likely promotional. Galaxy’s using the yield to lure liquidity, then they’ll taper it once assets are in.
The good news? It’s FDIC insured through Cross River Bank — up to $250,000. So if you throw in $250K, you’re safe. But if you drop $1M and Galaxy disappears, you’re eating a $750K loss.
The move makes sense — Galaxy’s aiming for the “wealthy retail” crowd who want white-glove service without being full institutional clients. But the big question: how sustainable is 8% in this rate environment?
(If you want sustainable long-term yield, build your own with a crypto Roth IRA — use code DCN for $30 off setup at athenic.xyz. Seriously, that’s where I’d park some dry powder.)
The McRib Indicator and Bitcoin’s Surge
Crypto Twitter had some fun this week with rumors of the McRib returning to McDonald’s menus — and yes, apparently there’s a McRib Indicator for Bitcoin rallies.
Historically, Bitcoin’s surged 237% (2020), 71% (2023), and 58% (2024) after McRib releases. This time, it was a false alarm — no McRib, just memes. Still, Bitcoin ripped to a new all-time high of $125,850 over the weekend. Coincidence or condiment magic? You decide.
What is real is on-chain data:
Glassnode shows exchange reserves down to 2.83M BTC, levels last seen in 2019 when BTC traded at $8,000. CryptoQuant puts it even lower at 2.45M BTC — the smallest in seven years. That’s serious supply pressure, and it’s why I’m still bullish into “Uptober.”
Craig Cobb’s Market Breakdown
Craig’s back from his fishing trip and breaking down charts like he never left. He says Bitcoin’s up 15% from the lows, blasting through resistance and touching $125K. He expects a pullback to around $120K before continuation. Ethereum’s lagging slightly, up 9% but still below $5K.
Biggest standout? Binance Coin (BNB) — up 17.5% last week and now trading over $1,200, its highest level ever. That’s monster alt-season behavior, even if not every alt’s participating.
Craig’s take on dominance: Bitcoin’s at 59%, altcoins are catching breath, and total market cap’s hovering over $4 trillion.
You can grab Craig’s full free newsletter at thegrowmeco.com — definitely worth it if you trade.
Crypto Prices
Time: 9:21 a.m. ET
Fear & Greed: 59 (Neutral)
RSI: 54 (Not overbought)
Bitcoin: $124,859 (+1.3% 24h; +11.2% 7d)
Ethereum: $4,595 (+1.3% 24h; +11.8% 7d)
XRP: $3.00 (-0.2%)
BNB: $1,230 (+5.4% 24h; +22.4% 7d)
Solana: $334 (+1.3%)
Dogecoin: $0.26 (+1.8%)
Tron: $0.343 (+0.4%)
Cardano: $0.857 (-0.2%)
Top movers:
Mantle: $2.38 (+13.5% 24h; +27% 7d)
Aster: up ~10%, holding #37 spot
Zcash: +14% 24h; +160% 7d
PancakeSwap (CAKE): +14% 24h; +57% 7d
Total market cap: $4.26 trillion (+1.2%)
Bitcoin: $2.48T
Ethereum: $555B
Alt season? Maybe not for your alt — but it’s happening somewhere.
That’s the show for today. Big congrats to everyone who stayed patient through the September chop. If you’re new to DCN, hit dailycryptonews.net and subscribe to the Substack — and again, if you’re setting up your crypto Roth IRA, use code DCN for $30 off at athenic.xyz.
My name’s Matt — see you tomorrow, and until then, happy hodling, everyone.
References & Affiliates
📱 “Nothing Illegal”: ICE Tracking App Threatens Legal Action After Apple Removal
💼 Galaxy Launches New Crypto Platform for Individuals, Challenging Robinhood and Kraken
🍔 Bitcoin Doesn’t Need the McRib to Rally
🚀 Bitcoin Hits New All-Time High at $125,000
📉 Bitcoin on Exchanges Falls to Six-Year Low as BTC Returns to $124K
Self-Custody Crypto Roth IRA:
athenic.xyz
Use Code DCN for $30 off: DCN
Where to Find DCN:
🌐 DailyCryptoNews.net
🐦 twitter.com/DCNDailyCrypto
📈 Trader Cobb on X
🌿 The Grow Me Co
Disclaimer
This content is not financial, legal, or tax advice. It reflects personal opinions for educational and entertainment purposes only. I am not a financial advisor or expert, and I do not guarantee any specific outcome. Always do your own research before making any investment or financial decisions.
© 2024 Matthew Aaron Podcasts LLC
