- Osiris News
- Posts
- 🧾⚡ CZ Pardoned, JPM Uses BTC as Collateral
🧾⚡ CZ Pardoned, JPM Uses BTC as Collateral
Bitcoin's landscape shifts dramatically as CZ receives presidential pardon and JPMorgan embraces BTC as collateral, revealing a transformative moment in crypto's institutional and political evolution.

🧾⚡ CZ Pardoned, JPM Uses BTC as Collateral
Hello there you embodiment of curiosity;
Welcome to today's edition of Osiris News, if you’re staring at the charts and feeling a strange calm after a political earthquake, you are not alone. The market is digesting a presidential pardon that landed like a dropped anvil, and price action is a steady climb. Bitcoin is edging toward $116,000, more tuned to macro tailwinds than spectacle. No euphoria, no panic. Just the quiet hum of recalibration.
The story today is about rules rewritten by decree and by memos inside the biggest banks. A founder is free. An asset once dismissed as fringe is inching into core credit workflows. This is not about price. It is about power, and how politics and finance are learning to operate on crypto’s field.
🔍 Quick Overview
Political Pardon: Trump pardons CZ, declares the “war on crypto” over; BNB pops as critics cry foul.
TradFi Collateral: JPMorgan will take BTC and ETH as loan collateral, pushing crypto deeper into Wall Street.
AI’s Crypto Edge: AI–crypto “Token Revolution” accelerates, with China’s models beating human traders.
DeFi’s Trillion Sprint: Perp DEX volume tops $1T in October, led by Hyperliquid, proving DeFi can scale.
Bitcoin’s Standoff: BTC holds $110K–$116K, awaiting macro catalysts like a Fed cut to set direction.

Green across the board today. Bitcoin climbs back above $115K, while Ethereum leads majors with nearly +4% on the day. Risk appetite is creeping back, not a breakout yet, but momentum is shifting in the bulls’ favor.

New From Us
|

Five minutes, one brief, you are up to speed on AI
Trending News
The Federal Reserve is expected to cut its policy rate by 25 basis points this week, marking a total easing of 150 basis points since September. This dovish stance, coupled with potential quantitative tightening (QT) nearing its end, typically benefits Bitcoin and the broader crypto market. Anticipated central bank actions and global diplomacy are poised to shape market movements, potentially driving further crypto gains.
Global crypto investment products saw a significant $921 million inflow, reversing prior outflows, driven by renewed investor optimism for potential U.S. Federal Reserve interest rate cuts. Weekly trading volumes in digital asset ETPs surged to $39 billion, exceeding the year's average. This capital influx, particularly into Bitcoin products, highlights strong market confidence tied to macroeconomic signals and regulated investment vehicles.
A new Bitcoin Improvement Proposal, BIP-444, suggests a temporary soft fork to restrict arbitrary data storage on the blockchain, aiming to mitigate legal liabilities from illegal content. This proposal would impose strict byte limits on data outputs and directly impact Ordinals inscriptions. The debate highlights a fundamental conflict over Bitcoin's permissionless nature versus legal compliance, potentially leading to a major network fork.
Standard Chartered's digital assets research lead predicts Bitcoin may never fall below $100,000 again, contingent on positive macroeconomic and geopolitical outcomes this week. This forecast is driven by improving U.S.-China trade talks, anticipated Fed rate cuts, and fresh inflows into spot Bitcoin ETFs. A sustained price above this threshold would signal institutional ETF flows becoming a more significant price driver than the halving cycle.
This tiny pause brought to you by “please let this help pay the bills” 👀

Partnered Spotlight
Crypto’s Most Influential Event
This May 5-7 in 2026, Consensus will bring the largest crypto conference in the Americas to Miami’s electric epicenter of finance, technology, and culture.
Celebrated as ‘The Super Bowl of Blockchain’, Consensus Miami will gather 20,000 industry leaders, investors, and executives from across finance, Web3, and AI for three days of market-moving intel, meaningful connections, and accelerated business growth.
Ready to invest in what’s next? Consensus is your best bet to unlock the future, get deals done, and party with purpose. You can’t afford to miss it.

Beyond the Noise
The headline arrived on paper, not on-chain: President Trump issued a full pardon for CZ. The administration framed it as an end to a “war on crypto.” BNB popped, then cooled. Critics called it cronyism. Supporters called it long overdue. The lesson is simpler: legal risk can be repriced instantly when the pen moves. Markets noticed, but did not overreact.
At the same time, JPMorgan is preparing to accept Bitcoin and Ethereum as loan collateral. Third-party custody, bank risk controls, institutional demand. This is the template for TradFi integration: keep credit, outsource keys, standardize margin. Back offices now need 24/7 monitoring, new haircuts, and weekend playbooks. The rails are being laid for flow that never sleeps.
This intersects with a broader intelligence shift. The shared language of tokens in AI and crypto is becoming practical, not poetic. Chinese models like DeepSeek and Qwen3 Max are already beating human traders in controlled tests. Agents that hold wallets, route orders, and manage risk are moving from decks to deployments. Liquidity will chase execution quality, regardless of where that execution lives.
On-chain, the permissionless machine is scaling. Decentralized perp venues cleared over $1 trillion in October. Hyperliquid alone handled hundreds of billions with pro-grade UX and uptime. No policy speech required. Good code, deep books, fast fills. That is where sophisticated order flow migrates.
Macro remains the quiet metronome. Softer CPI pushed equities to fresh highs. Bitcoin held $110K–$116K, waiting on the Fed. ETF net flows are meh, keeping upside contained. The coil tightens into the rate decision.
Away from screens, scarcity is being repriced in the physical world. Gold above $4,100 and tightening controls on critical minerals signal a policy pivot toward hard assets. Subsidized mining, expedited permits, strategic stockpiles. The digital future still runs on dirt, power, and logistics.
Inside Bitcoin, the culture war continues. BIP-444 would curb arbitrary data to limit legal risk. Supporters see necessary housekeeping. Critics see creeping censorship and threats to Ordinals. Is Bitcoin only pristine money or also an open data substrate? Governance by rough consensus means the answer will be earned, not declared.
This Caught My Eye:

Here’s a breakdown:
“Uptober” is alive again: October has historically been one of Bitcoin’s strongest months, and this year flips back green after two rough Septembers.
Short-term test ahead: With leverage still elevated and macro news incoming, this week will likely decide if momentum continues or if bulls need a cooldown first.
Looking Ahead
Top down, the asset class is being suited up and invited inside. Bottom up, a parallel market is proving it can scale without permission. The next leg turns on which force compels the other to adapt. Into the Fed, watch ETF flows, perp venue liquidity, and how quickly banks operationalize crypto collateral. The rules are being rewritten. The only open question is who holds the pen tomorrow.
Until tomorrow,
- Dr.P

Be honest — was today’s Osiris worth the scroll? |
If this newsletter saved you time today or made you smirk even once, your support goes a long way. I write it solo, daily and your support really helps!


