Trump’s Crypto Picks & SpaceX Bitcoin Moves: Weekly Recap

6 min read
3 views
Oct 26, 2025

Trump names new CFTC head, SpaceX moves $133M in Bitcoin, and Kyrgyzstan launches a stablecoin. What's driving crypto's wild week? Click to find out...

Financial market analysis from 26/10/2025. Market conditions may have changed since publication.

Ever wonder how politics, space exploration, and digital currencies collide in a single week? The crypto world never sleeps, and last week was a whirlwind of game-changing moves that had everyone buzzing—from boardrooms to blockchain forums. From a high-profile political nomination to a space giant shuffling millions in Bitcoin, these events signal a deeper integration of crypto into global systems. Let’s unpack the moments that shaped the crypto landscape and what they mean for the future.

A Week of Crypto Power Plays

The cryptocurrency market isn’t just about price charts and trading bots—it’s a living, breathing ecosystem influenced by policy, innovation, and bold corporate moves. Last week, we saw a mix of political decisions, corporate strategies, and international experiments that could redefine how we view digital assets. Whether you’re a casual investor or a blockchain enthusiast, these developments offer a glimpse into where crypto might be headed next.


Trump’s New CFTC Pick Signals Crypto-Friendly Shift

President Donald Trump made waves by nominating a seasoned Securities and Exchange Commission lawyer to lead the Commodity Futures Trading Commission (CFTC). This choice, replacing an earlier candidate, suggests a strategic pivot toward a more crypto-savvy regulatory landscape. The CFTC oversees derivatives markets, including crypto futures, so this leadership change could loosen restrictions or foster innovation.

A forward-thinking CFTC head could bridge the gap between traditional finance and crypto markets.

– Financial policy analyst

Why does this matter? The CFTC’s role in regulating crypto derivatives, like Bitcoin futures, is critical. A leader with a deep understanding of digital assets could streamline policies, making it easier for institutions to engage with crypto. Personally, I think this move hints at a broader acceptance of cryptocurrencies in mainstream finance, but it’s not without risks—regulation can be a double-edged sword.

SpaceX’s Bitcoin Shuffle: $133 Million on the Move

Elon Musk’s SpaceX isn’t just launching rockets—it’s making serious crypto moves. The company recently transferred over $133 million in Bitcoin across multiple wallets, including a hefty 1,215 BTC split into chunks of 300 BTC and 915 BTC. These transactions, tracked by blockchain analytics, sparked speculation about SpaceX’s long-term crypto strategy.

  • Why the transfer? It could signal portfolio diversification or preparation for a major financial play.
  • What’s next? Speculation is rife that SpaceX might integrate crypto payments or expand its Bitcoin holdings.
  • Market impact: Large BTC movements often influence market sentiment, hinting at bullish confidence.

Seeing a company like SpaceX dive deeper into Bitcoin feels like a nod to crypto’s staying power. But here’s a thought: are these transfers just routine housekeeping, or is Musk planning something bigger? The crypto community is watching closely, and I’m betting we’ll see more surprises from this space titan.


Kyrgyzstan’s Bold Stablecoin Experiment

In a groundbreaking move, Kyrgyzstan unveiled KGST, a national stablecoin pegged to its local currency, the som. This initiative, born from talks with a prominent crypto exchange founder, marks a significant step toward blending national economies with blockchain technology. The stablecoin aims to stabilize transactions and attract global investors.

The project stems from an agreement to foster blockchain development in the region. By launching KGST, Kyrgyzstan is positioning itself as a forward-thinking player in the global crypto race. It’s a bold bet, but can a small nation pull off such an ambitious project? I’m intrigued by the potential, though scaling it globally will be no small feat.

Stablecoins like KGST could redefine how emerging economies engage with global finance.

– Blockchain strategist

Tether’s Profit Surge and Institutional Crypto Lending

The stablecoin giant Tether is projecting a jaw-dropping $15 billion in profits for 2025, a testament to the growing demand for stable assets in volatile markets. Shared during a recent industry forum, this forecast underscores Tether’s dominance in the stablecoin space. Meanwhile, a major global bank announced plans to allow institutional clients to use Bitcoin and Ethereum as loan collateral by year’s end.

SectorDevelopmentImpact
StablecoinsTether’s $15B profit projectionBoosts confidence in stable assets
Institutional LendingCrypto as loan collateralMainstreams crypto in finance

These moves signal a maturing crypto market. Institutional adoption, like using crypto as collateral, feels like a milestone we’ve been waiting for. But let’s be real—mixing crypto with traditional banking could invite stricter oversight. It’s a trade-off worth watching.


Kraken’s Revenue Boom and IPO Dreams

Crypto exchange Kraken reported a staggering 114% revenue growth in Q3, hitting $648 million. This surge comes as the exchange gears up for a 2026 IPO, a move that could shake up the crypto trading landscape. With trading volumes soaring, Kraken’s growth reflects the broader market’s appetite for digital assets.

What’s driving this? A mix of user trust, diversified offerings, and a rebounding market. I’ve always thought Kraken’s focus on security and transparency gives it an edge, but going public will test its ability to balance innovation with regulatory demands. It’s a high-stakes game, and I’m rooting for them to pull it off.

Coinbase’s Strategic Acquisition

Coinbase made headlines by acquiring a fundraising platform for $375 million. The deal aims to bridge the gap between founders seeking capital and investors eager for private token sales. It’s a smart play—crypto fundraising is notoriously tricky, and this move could streamline the process.

  • Why it matters: Simplifies access to early-stage crypto investments.
  • Potential impact: More retail investors could enter the private sale space.
  • Long-term goal: Strengthen Coinbase’s position as a crypto ecosystem leader.

This acquisition feels like Coinbase betting big on the future of decentralized finance. But here’s a question: will it democratize investing or just funnel more money to the big players? Either way, it’s a bold step in a competitive market.


WazirX’s Comeback and Bunni’s Collapse

The crypto world isn’t all rosy. Indian exchange WazirX bounced back after a devastating $234 million hack, resuming trading with zero fees to win back users. Meanwhile, decentralized exchange Bunni shut down after an $8.4 million exploit, citing insufficient funds for a secure relaunch.

Security breaches remind us that crypto’s potential comes with real risks.

– Cybersecurity expert

WazirX’s recovery shows resilience, but Bunni’s closure is a stark reminder of crypto’s vulnerabilities. In my view, these incidents highlight the need for robust security protocols. The contrast between the two is striking—one exchange rises from the ashes, while another fades away.

Corporate Bitcoin Accumulation Continues

A major corporate player added 168 BTC to its portfolio, bringing its total holdings to over 640,000 BTC, valued at $71 billion. With an average purchase price of $74,010 per Bitcoin, this company is doubling down on crypto as a long-term asset.

This kind of accumulation isn’t just a flex—it’s a signal to the market that big players see Bitcoin as a store of value. But what happens if prices dip? The confidence is inspiring, but I can’t help wondering if these bets will hold up in a volatile market.


What’s Next for Crypto?

Last week’s events paint a picture of a crypto market at a crossroads. Political shifts, corporate investments, and international experiments are weaving digital assets into the fabric of global systems. But with great potential comes great responsibility—security, regulation, and market stability remain key challenges.

Crypto Market Outlook:
  40% Regulatory Evolution
  30% Corporate Adoption
  30% Technological Innovation

As we look ahead, the question isn’t whether crypto will grow—it’s how fast and in what direction. Will governments embrace blockchain, or will they clamp down? Can exchanges like Kraken and Coinbase keep pushing boundaries? And what’s Elon Musk up to with those Bitcoin transfers? One thing’s for sure: the crypto world is never boring, and I’m excited to see where this ride takes us next.

These developments aren’t just headlines—they’re shaping the future of finance. From Kyrgyzstan’s stablecoin to SpaceX’s Bitcoin moves, the crypto space is proving it’s more than a passing trend. Stay tuned, because if this week is any indication, the best is yet to come.

If past history was all there was to the game, the richest people would be librarians.
— Warren Buffett
Author

Steven Soarez passionately shares his financial expertise to help everyone better understand and master investing. Contact us for collaboration opportunities or sponsored article inquiries.

Related Articles

?>