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Inflation Report Eyed; Multicoin Proposes Attention Perps

On October 24, 2025, the crypto market exhibited positive momentum with Bitcoin rising to approximately $111,500 and several major cryptocurrencies also seeing gains. The market was buoyed by expectations surrounding the upcoming U.S. consumer price index (CPI) report, anticipated to reveal an 18-month high inflation rate. Analysts noted that while the market was stabilizing due to recent Bitcoin ETF developments, long-term holder distribution posed a risk of volatility. Multicoin Capital introduced a new concept of perpetual futures linked to Attention Assets, which would allow traders to position themselves based on cultural or social attention metrics. Meanwhile, JPMorgan announced it would accept Bitcoin and Ether as collateral for institutional clients, indicating increasing integration of crypto into traditional finance. On the regulatory front, post-indicator trading showed a cautious approach among investors, emphasizing the importance of upcoming economic data in shaping market reactions.

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CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Gains 4%, Leading Index Higher

CoinDesk's performance update reveals that Bitcoin Cash (BCH) has risen by 4%, contributing to a 2.1% increase in the CoinDesk 20 index, which stands at 3686.33. Alongside BCH, Hedera (HBAR) also performed well with a 3.5% gain. Out of the 20 assets tracked, 19 showed

JPMorgan Upgrades Coinbase, Sees Potential $34 Billion Opportunity in Base Token

JPMorgan has upgraded Coinbase from neutral to overweight, raising its price target from $342 to $404. The bank cites reduced risks for the company and attractive valuations compared to competitors in the crypto space. JPMorgan estimates that a potential Base token, linked to Coinbase's Layer 2 blockchain, could

Why is BNB Up Today?

BNB rose 3.3% to $1,126 following U.S. President Donald Trump's pardon of Changpeng Zhao, the co-founder and former CEO of Binance. This development has led to a nearly 35% increase in BNB's trading volume, suggesting long-term accumulation rather than short-term speculation. Analysts view

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