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.

Ripple will release 1 billion XRP from escrow on November 1, 2025, as part of its monthly unlock schedule. The release is valued at $2.48 billion at the current price of $2.48 per token. The timing coincides with pending SEC decisions on XRP ETF applications, with Grayscale's filing deadline set for October 29.

Fetch.ai CEO Humayun Sheikh proposed withdrawing all legal claims against Ocean Protocol in exchange for the return of 286 million FET tokens worth approximately $120 million. The offer was made during a live discussion on X attended by over 5,000 listeners. Ocean Protocol agreed to review the proposal once it receives a formal written agreement, according to statements from a validator node facilitating communication between the parties.

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.

JPMorgan Chase plans to allow institutional clients to pledge Bitcoin and Ethereum directly as loan collateral by the end of 2025, according to people familiar with the matter. The program will use third-party custodians to hold the assets separate from the bank's balance sheet. The move expands on JPMorgan's earlier acceptance of crypto-linked ETFs as collateral in 2025.

JPMorgan Chase will allow institutional clients to use Bitcoin and Ethereum as collateral for loans, according to sources familiar with the matter. The world's largest bank by market capitalization plans to launch the service by the end of 2025, with third-party custodians holding the pledged digital assets. The move marks a shift from the bank's historically cautious stance on cryptocurrency, despite CEO Jamie Dimon previously describing Bitcoin as "a pet rock."