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Wall Street bank JPMorgan (JPM) upgraded Coinbase (COIN) to “overweight” from “neutral” and raised its price target to $404, citing new monetization opportunities and reduced risks that make the crypto exchange appear more attractive compared to its peers. The shares were about 4% higher in early trading, around $332.The bank highlighted two key catalysts: a potential Base token and enhanced USDC payouts.JPMorgan analysts said that Coinbase is exploring a token for Base, its Layer 2 blockchain launched in August 2023, which has grown into one of the largest in the ecosystem. A token could allow Coinbase to capture more of…

Bitcoin nears a key breakout level at $110.8K, forming an ascending triangle as analysts track cycles, valuations, and macro drivers. Bitcoin is moving closer to a major resistance zone, with the price building pressure near $110,800. A possible ascending triangle pattern is forming, which could signal a continuation if confirmed. Bitcoin Builds Structure Near Resistance The daily chart shared by Rekt Capital shows a rising trendline with flat resistance around $110,800. This setup suggests a potential ascending triangle — a common pattern that often leads to upward movement. The asset has made several higher lows, which indicates steady demand.…

Bitcoin Magazine Alpha Arena Reveals AI Trading Flaws: Western Models Lose 80% Capital in One Week Can AI trade crypto? Jay Azhang, a computer engineer and finance bro from New York, is putting this question to the test with Alpha Arena. The project pits the greatest large language models (LLM) against each other, each with 10 thousand dollars worth of capital, to see which can make more money trading crypto. The models include Grok 4, Claude Sonnet 4.5, Gemini 2.5 pro, ChatGPT 5, Deepseek v3.1, and Qwen3 Max.  Now, you might be thinking “wow, that’s a great idea!” and you…

Shiba Inu (SHIB) continues to trade in a tight band, and that has kept many investors on edge. Based on reports, the token is down 45% year-to-date and 15% over the last 30 days. Related Reading The memecoin’s price action has left holders wondering when — or if — a strong rebound will arrive. Volume and price swings have cooled, and market mood is leaning toward fear with the Fear & Greed Index at 30. Analyst Forecasts Late Surge According to MMB Trader, the stretch of quiet price action is not the end story for SHIB. He described the token…

The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the first major US professional sports league to permit the use of its trademarks by prediction markets, or “licensed betting markets.”As The Wall Street Journal reported on Oct. 22, the multiyear deals grant both platforms rights to use the NHL logo, terms such as “NHL” and “Stanley Cup,” and individual team names.The intellectual property package is the same that the league extends to sportsbook operators such as DraftKings, FanDuel, and BetMGM.The agreements formalize the push of prediction markets into sports betting, an…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3686.33, up 2.1% (+75.87) since 4 p.m. ET on Thursday.Nineteen of 20 assets are trading higher.Leaders: BCH (+4.0%) and HBAR (+3.5%).Laggards: APT (-0.8%) and BTC (+1.0%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

On October 24, a prominent analyst with the pseudonym EGRAG CRYPTO outlined a bold prediction for Bitcoin, suggesting that the cryptocurrency could reach a price as high as $300,000. This prediction comes amidst concerns of a potential downturn in Bitcoin’s market performance. In a detailed analysis using historical price models, EGRAG CRYPTO argues that the current market behavior is part of a larger bullish trend, and not the beginning of a prolonged decline, as some fear. EGRAG CRYPTO’s analysis employs a linear regression model on a logarithmic scale, a tool often used to discern long-term trends in financial markets. According…

Dogecoin sits on a knife-edge defined by a tight 4h range and a larger weekly triangle—two structures that now bracket the next volatility expansion. Two Dogecoin Price Levels Are Crucial Now (4H Chart) On the intraday chart shared by Daan Crypto Trades (@DaanCrypto), DOGE trades near $0.19585 with a clearly marked “level to break” at $0.21817 and a “level to hold” at $0.17789. Price is orbiting the range’s mid-zone after a post-flush rebound, while the higher low carved last Friday remains the pivotal defense that keeps the structure constructive. Dogecoin price analysis, 4-hour chart | Source: X @DaanCrypto As Daan…

Sygnum Bank has partnered with Bitcoin-backed lending platform Debifi to launch a multisignature lending product that allows borrowers to retain shared control of their collateral.According to the Swiss digital asset bank’s announcement on Friday, the product introduces a Bitcoin-native multisign lending model that allows clients to retain control of their collateral through distributed key management, ensuring that assets cannot be rehypothecated. Sygnum clients can take out fiat loans backed by Bitcoin in a setup that requires three of five key holders to authorize any transaction, allowing borrowers to track and verify their collateral directly onchain.“While other banks require full custody…

Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash.In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick.However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum.Due to the lack of investment, Bitcoin is on track for its worst October performance…