World Liberty Financial (WLFI) and Aster (ASTER) posted double-digit gains after U.S. President Donald Trump pardoned Binance founder Changpeng Zhao on October 23, 2025. WLFI rose 12% to $0.14, while ASTER jumped 20% from $0.94 to $1.13. BNB gained 7.5% overnight, moving from $1,060 to $1,140.

São Paulo-based VERT Capital has completed its second tokenized issuance on XRP Ledger and its EVM Sidechain, bringing over $40 million in pension-backed receivables on-chain. The fund structure allows for expansion to approximately $190 million if institutional demand materializes. The transaction uses a regulated FIDC structure backed by Brazil's federal pension system obligations.

Tom Lee of Fundstrat Global Advisors and veteran trader Peter Brandt have warned that Bitcoin could face a 50% correction despite record inflows into BTC exchange-traded funds. Lee characterized Bitcoin as a high-beta asset that amplifies broader market moves during periods of weakness. Brandt drew parallels between Bitcoin's current price structure and the 1977 soybean crash, which saw prices plunge more than 50%.

Bitcoin is trading near $111,280 after falling 1.48% in October, bucking typical seasonal gains. AI models analyzing market conditions forecast an average price of $110,000 for the Halloween period (October 24–31), representing a potential 1.17% decline from current levels. The projections come as the cryptocurrency faces mixed technical signals and institutional developments.

Approximately $800 billion in capital has shifted from altcoins into Bitcoin and corporate digital asset treasuries this cycle, according to 10x Research. Retail investors are moving toward established assets while institutional portfolios holding BTC and ETH now represent a significant share of crypto market capitalization. CoinMarketCap's altcoin season index currently stands at 24, well below the 75 threshold required to signal an altcoin season.

JPMorgan upgraded Coinbase to "overweight" from "neutral" and raised its price target to $404 from $342. The bank cited two primary catalysts: potential monetization of a Base token and expanded USDC yield offerings through Coinbase One. Shares climbed more than 8% in early trading to approximately $349.56.

Bitcoin traded at $111,307 with a 2.05% gain in 24 hours, but analyst Charles Edwards warned that quantum computing advances may pose the greatest risk to the cryptocurrency. Edwards stated at Token 2049 that without a cryptographic upgrade within a year, Bitcoin could face its worst bear market as quantum systems approach the capability to break elliptic curve encryption. The analyst emphasized that the network requires immediate action to address this existential security threat.

Bitcoin is trading near $111,000 ahead of the weekend, when liquidity typically thins and volatility may increase. Data show five critical price levels that could trigger significant moves during low-volume sessions, with the largest long liquidation cluster sitting between $108,000 and $108,500.