According to @HenriArslanian, JPMorgan has moved to accept Bitcoin (BTC) as collateral, and traders can monitor BTC spot liquidity, futures basis, and funding shifts for market impact, source: Henri Arslanian on X, Oct 26, 2025. He adds that President Trump pardoned Binance founder Changpeng Zhao (CZ), making Binance-related flows and U.S. regulatory headlines key short-term catalysts to watch, source: Henri Arslanian on X, Oct 26, 2025. He reports Japan will allow banks to facilitate crypto transactions, implying potential uplift in BTC/JPY and ETH/JPY volumes and liquidity during Asia trading hours, source: Henri Arslanian on X, Oct 26, 2025. He notes crypto M&A surged 30x to about 10 billion dollars last quarter, signaling accelerated institutional consolidation that traders can track for sector rotation across exchange, custody, and tokenization plays, source: Henri Arslanian on X, Oct 26, 2025. According to @HenriArslanian, these developments collectively point to shifts in institutional access and regional liquidity that merit close monitoring in BTC derivatives and spot order books, source: Henri Arslanian on X, Oct 26, 2025.