Let’s examine the key trends and events shaping the crypto market on Oct. 24.
Chainlink (LINK) is gaining attention after rebounding from the $17 support zone, with whales accumulating millions of tokens.
Analysts believe a breakout above $25 could trigger a major rally, potentially pushing LINK toward the $100 mark.
BitGo CEO Mike Belshe has publicly defended Binance founder Changpeng Zhao, clarifying that CZ did not plead guilty to money laundering but to a Bank Secrecy Act violation.
Belshe criticized U.S. Senator Elizabeth Warren’s claims and argued that Zhao was unjustly prosecuted. The defense follows President Trump’s recent pardon of the Binance founder.
You’re incorrect, @SenWarren. CZ pleaded guilty to violating the Bank Secrecy Act by failing to maintain an effective AML program, not money laundering.
— Mike Belshe (@mikebelshe) October 24, 2025
Without minimizing the severity of that, he’s the only person ever to receive jail time solely for this violation, while… https://t.co/WmlZnwTCc3
The crypto market is on the rise today, on Oct. 24. The total market capitalization has climbed 2.15% to reach $3.75 trillion. An impressive 95 of the top 100 cryptocurrencies have gained value in the past 24 hours.
JPMorgan is set to allow institutional clients to use Bitcoin and Ethereum as collateral for loans by the end of 2025.
The program will leverage third-party custodians to ensure asset security and compliance. This marks a major step in bridging traditional finance with the growing crypto ecosystem.
Swiss digital asset bank Sygnum has teamed up with Bitcoin lending startup Debifi to introduce MultiSYG.
MultiSYG is a Bitcoin loan platform that enables borrowers to maintain shared control over their collateral.
Set to launch in the first half of 2026, the platform is designed for institutions and high-net-worth individuals seeking a secure and transparent lending solution.
Want to find more details? Read the recent Coinspeaker report.