[J.P. Morgan Rates COIN, MARA, and RIOT Stocks as Overweight] J.P. Morgan analysts have rated COIN, MARA, and RIOT stocks as Overweight, believing these stocks will outperform the broader market. Specific ratings are as follows: COIN current price $305.84, target price $399; MARA current price $14.68, target price $20; RIOT current price $16.05, target price $19.

[Main Perpetrator of 60,000 BTC Money Laundering Case Qian Zhimin Expected to Be Released in 2030] On November 12, the main perpetrator of the 60,000 BTC money laundering case, Qian Zhimin, was sentenced to 11 years and 8 months in prison by the Southwark Crown Court in the UK. According to the UK's 'automatic release after serving half the sentence' rule, as Qian Zhimin has been in custody since April 23, 2024, for approximately 18 months, this period will be deducted from the total sentence. She is expected to be released in late February 2030. Additionally, she will be subjected to a Serious Crime Prevention Order (SCPO) for a period of 5 years, which will take effect upon her release.

The bank said USDC remains the frontrunner to dominate digital dollars as the company's third-quarter results topped forecasts.

[TON Strategy Q3 Financial Report: Total Holdings Reach 217.8 Million Tokens] Nasdaq-listed company TON Strategy released its Q3 2025 financial report, revealing that as of September 30, TON holdings amounted to 217.5 million tokens, of which 177.1 million tokens have been staked. Through staking rewards, the company earned 336,000 TON and $707,000 in staking income, increasing total holdings to 217.8 million tokens. Additionally, the company has approved a $250 million stock repurchase plan and repurchased 1,984,072 shares at a price below the per-share book value.

Bitcoin's Net Unrealized Profit (NUP) ratio has dropped to 0.476, a level that historically signals short-term market bottoms.