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.

Stripe has launched Tempo, a Layer-1 blockchain designed for payments, while completing acquisitions of stablecoin platform Bridge and crypto wallet provider Privy. JPMorgan estimates Stripe's addressable market exceeds $350 billion. The payments giant achieved profitability in 2024 and processed over $1.4 trillion in transaction volume.

Stable, a blockchain optimized for USDT transfers and backed by Bitfinex, closed its pre-deposit campaign after securing $825M in liquidity. Data show a single whale deposited approximately $500M, representing over 60% of total contributions. The whale transferred funds from multiple wallets starting 30 minutes before the campaign's public announcement on October 24, 2025.

Stable, a Layer 1 blockchain for stablecoin transactions, reached its $825 million Phase 1 pre-deposit hard cap shortly after launch on Thursday. Community members flagged that large wallets deposited the majority of funds before the public announcement. Onchain data indicated 600 million USDT came from ten addresses prior to the campaign going live, according to crypto researcher @0xastronomica.

Coinbase CEO Brian Armstrong said the U.S. cryptocurrency market structure bill is 90% finalized with bipartisan support, according to his communications with Senate Democrats and Republicans. Armstrong aims to submit the legislation before Thanksgiving and expressed optimism for passage by year-end. The bill would establish clear DeFi regulations and protect users' rights to earn stablecoin rewards.

The European Union unveiled its 19th sanctions package against Russia on October 23, 2025, expanding enforcement to digital asset networks. EU authorities have banned all transactions involving the A7A5 stablecoin, which they allege has processed over $6 billion in cross-border transfers since August. The measures target the token's developer, its Kyrgyzstan-based issuer, and associated exchange platforms, according to the EU Council.

Bitcoin stabilized around $109,000 following two major regulatory developments. U.S. President Donald Trump pardoned Binance founder Changpeng Zhao on October 23, 2025, ending an 11-month legal process. The European Union imposed sanctions on Russian cryptocurrency exchanges and the ruble-backed stablecoin A7A5, targeting platforms allegedly linked to sanction evasion.

Turkey has emerged as the largest cryptocurrency market in the Middle East and North Africa, processing nearly $200 billion in annual transactions, data show. The volume is nearly four times that of the UAE, which ranks second with $53 billion. Market composition has shifted as retail participation declined while institutional trading remained robust, with analysts noting increased speculative activity.

Stripe could access a market exceeding $350 billion by 2030 through expansion in AI-driven transactions and blockchain payment systems, according to JPMorgan analysts. The fintech company, valued at $107 billion, processed over $1.4 trillion in annual payment volume across 195 countries and turned profitable in 2024.

Ethereum exchange-traded funds attracted $8.68 billion in net inflows during the third quarter of 2025, exceeding Bitcoin ETF inflows of $7.53 billion, according to Messari. Total Ethereum ETF assets under management reached $27.43 billion, marking a 170% quarter-over-quarter increase. ETH price gained 77% in the same period.