Good morning, everyone — this is your Daily Crypto News for Monday, October 27th, 2025. My name’s Matt, and we have Comrade Kyle and Comrade Kelsey… married! Huge congrats to them. Long show today, let’s get into it.
Mt. Gox pushes repayments (again)
Mt. Gox has delayed creditor repayments until October 31, 2026 — the third extension since 2023 — citing incomplete verifications and technical issues. About 19,500 creditors have received partial Bitcoin and Bitcoin Cash so far, while others remain pending. The estate still holds 34,689 BTC (about $4B) queued for distribution, with more than 142,000 BTC and 143,000 BCH locked in total. People keep calling this a looming historic sell-off, but even if you assume $10B of forced selling in a >$2T BTC market, it’s noise.
My Take: The scandal is the calendar. Twelve years on and we’re still doing extensions. Yes, supply overhang headlines can spook sentiment, but mechanically this is a slow drip. If anything, it keeps “Mt. Gox supply” as perennial clickbait while the market gets bigger around it.
India court says crypto = property
India’s Madras High Court ruled that crypto legally qualifies as property, after WazirX (yep, the hacked one) tried to redistribute a user’s 3,534 XRP post-hack and the court blocked it. The Chief Justice affirmed crypto is “capable of being enjoyed and possessed,” granting holders fiduciary protection under Indian law. That’s a real precedent for domestic disputes and consumer rights.
My Take: Labels matter. Call something “property” and you unlock remedies courts already know how to handle — trusts, bailment, damages, restitution. This nudges India toward practical, rights-based crypto treatment without needing a 500-page bill.
Justin Aversano’s “Moments of the Unknown”
NFT photographer Justin Aversano launched a globe-spanning project pairing portraits, 10-second video clips, and NASA’s Voyager Golden Record sounds — one single-edition NFT per day, minted on the date it was captured, plus daily live discussions on X. He says the mission is simple: did you feel something?
My Take: In a market obsessed with floors and flips, this is the kind of long-arc, concept-first work NFTs were supposed to enable. Antarctica vibes included.
Trump taps Michael Salig for CFTC
President Trump nominated SEC counsel Michael Salig to lead the CFTC, replacing acting chair Caroline Pham. Salig helped craft the SEC’s more “pro-innovation” stance. The Winklevoss twins reportedly lobbied for Salig over Brian Quintenz due to Gemini conflicts. If confirmed, this could align U.S. market cops on a friendlier, clearer framework for digital assets and DeFi.
My Take: If SEC and CFTC sing from the same hymnal, compliance costs drop and capital flows faster. The signal here is harmonization — not turf war. That’s bullish plumbing.
Rumble adds native Bitcoin tipping
Rumble will roll out Bitcoin tipping for its 51M users via a Tether partnership, enabling direct BTC payments to creators. CEO Chris Pavlovski says it lands by mid-December alongside a MoonPay-powered wallet. Tether invested $775M last year; Rumble now holds ~$25M in BTC and plans deeper crypto integrations in 2025.
My Take: Creator payouts are the killer wedge. If “tip with BTC” is one tap — not a 10-step KYC gauntlet — you onboard normies without a lecture on seed phrases.
Why Bitcoin bounced
CPI printed 3.0% — not the 2% fairytale, but within Powell’s “2–3% is fine” comfort band. Add easing U.S.–China trade tensions after Trump’s Asia swing and you’ve got macro risk turning less hostile. Right on cue, Tiger Research is calling for $200K BTC by year-end. Of course they are. A week ago we were “going to zero.” Such is the cycle.
My Take: Rates, liquidity, and geopolitical temperature — that’s the triad. If policy glides from QT->QE-lite while trade risk cools, dips get shallower and duration assets (yes, Bitcoin) breathe easier.
TraderCobb on structure and patience
Craig’s back with the trading lens: Bitcoin just printed a higher low and higher high on the daily — i.e., a bona fide daily uptrend. Four-hour’s trending, two-hour cyclicity looks tradable on pullbacks, and last week’s weekly candle broke to the upside. Monthly shows October’s big flush retracing into the moving-average zone — healthy, not terminal. Total market cap and “Others” (outside the top 10) both flipped to daily uptrends; BTC dominance still uptrend-ish. Zcash is his altcoin perspective check: months of nothing, then +83% in September, +381% in October — a near 10x at the highs. Moral: you don’t need all alts to run; you need a few to pay for a lot of Bitcoin. He hasn’t traded since the Oct 10 liquidity event — flat is a position — but his watchlist is filling as structure improves.
My Take: First box ticked ≠ chase everything. Let the pullbacks come to you. Trend plus discipline beats vibes plus FOMO.
Listener corner: taxes suck
Eric followed up on last week’s rant to clarify: he hates taxes — period. Not just on miners. “What I do with my kilowatt hours is my business… Beyond that, they can piss off.” Two-thirds of his setup is solar + batteries (already taxed), so spare him the “fair share” sermon. Long live cold storage, VPNs, and XMR.
My Take: Energy-use sin taxes are lazy policy. Fix grid losses, build generation, and price externalities cleanly if you must. Don’t pretend a new line item on a miner’s bill saves the planet.
Flows flipped green
Crypto investment products took in $921M last week, reversing prior outflows on the softer inflation read. Bitcoin led with $931M (post-rate-cut cumulative $9.4B). Ethereum bled ~$169M, while Solana and XRP pulled in $29.4M and $84.3M, respectively.
My Take: That ETH outflow while SOL/XRP nibble is the rotation you feel in your bags. It can reverse fast — but it’s real while it lasts.
Crypto Prices
As of 8:42 a.m. Eastern
Fear & Greed: 42 (neutral)
RSI: 53.6
Bitcoin: $115,074 (+1.3% 24h, +3.6% 7d)
Ethereum: $4,140 (+2.0% 24h)
BNB: $1,167 (+3.0% 24h)
XRP: $2.61 (-0.7% 24h)
Solana: $199.11 (+0.9% 24h)
Dogecoin: $0.2000 (+0.2% 24h)
Tron: $0.298 (-0.3% 24h)
Cardano: $0.672 (-0.2% 24h)
Zcash: $361 (+12% 24h), #23
Pi: $0.241 (+15% 24h), #47
Total Market Cap: $3.88T (+1.2% 24h)
Bitcoin share: $2.29T
Ethereum share: $500B
That’s our show. My name’s Matt. We’ll see you tomorrow. Until then, Happy HODLing, everyone.
References & Affiliates
🤖 Coinbase Unveils AI-Powered Crypto Payments Protocol for Autonomous Transactions
💥 WazirX to Restart Trading After $230M Hack Caused Year-Long Shutdown
💸 Crypto Exchange Cryptomus Fined $177 Million by FINTRAC
🥇 CZ Calls Peter Schiff’s Tokenized Gold a “Trust-Me-Bro Asset”
🏛️ Andrew Cuomo’s “Crypto Hail Mary” Unlikely to Give Edge Over Mamdani
🐋 Ethereum Whale Scoops Up $32M in ETH as Bitcoin and Solana Whales Cash Out
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.
©Copyright 2025 Matthew Aaron Podcasts LLC
