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Bitcoin BTC$90,214.08 has so far bounced above $90,000, 15% higher from its Nov. 21 low of around $80,000, with price finding confluence support across three important cost basis metrics: the 2024 yearly volume weighted cost basis, the True Market Mean, and the average U.S. spot exchange-traded fund (ETF) cost basis. These metrics help to identify where investors are most likely to defend positions during drawdowns. The area of support proved vital, as it aligned closely with the average acquisition prices of multiple investor cohorts.First, the True Market Mean, represents the average onchain purchase price of bitcoin held by active market…

The meme coin sector continues to attract significant attention from traders, and FLOKI price prediction models are indicating a potential recovery phase ahead. With recent analyst forecasts painting an increasingly bullish picture for the short to medium term, Floki appears positioned for a meaningful bounce from current oversold levels. FLOKI Price Prediction Summary • FLOKI short-term target (1 week): $0.000055 (+27% from current levels) • Floki medium-term forecast (1 month): $0.000185-$0.000320 range (+276-633% potential) • Key level to break for bullish continuation: $0.000055 resistance • Critical support if bearish: $0.00004802 support level Recent Floki Price Predictions from Analysts The consensus…

Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down.Tether said on Friday that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus that it has held for over 100 years.If Exor agrees, then Tether will make a “public offer for the remaining shares at the same price.” Juventus is a public company with a market capitalization of 944.49 million euros ($1.1 billion), having closed trading on Friday up…

The investing giant had asked the U.S. Securities and Exchange Commission to treat DeFi players like regulated entities, and the DeFi crowd pushed back.

GitHub has unveiled a comprehensive overhaul of its Actions platform, focusing on enhancing performance, workflow flexibility, and reliability, according to a recent announcement by Ben De St Paer-Gotch, Director of Product at GitHub. The improvements are a response to the platform’s massive growth and user demand for faster builds and better security. Core Architecture Rebuild In 2025 alone, developers utilized 11.5 billion GitHub Actions minutes, marking a 35% increase from 2024. To accommodate this growth, GitHub has re-architected the core backend services powering its Actions platform. This effort, which began in early 2024, has significantly improved the platform’s scalability and…

NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud that saw roughly $50 billion wiped from the crypto ecosystem over the course of just three days in May 2022.The sentence, handed down by District Judge Paul Engelmeyer of the Southern District of New York (SDNY), is slightly more than the 12-year sentence requested by prosecutors and much greater than the five-year sentence suggested by Kwon’s lawyers. Kwon must serve at least half of this sentence before he can apply for a transfer to South Korea,…

Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison after pleading guilty to wire fraud and conspiracy to defraud.In a Thursday hearing in the US District Court for the Southern District of New York, Judge Paul Engelmayer ordered that Kwon serve 15 years in prison for his role in the collapse of Terraform, which wiped out about $40 billion from the crypto market in 2022. He will receive credit for time served in the US and 17 months of pre-extradition custody.Prior to making his decision on sentencing, Engelmayer heard from some of Terraform’s victims…

The BNB Chain ecosystem has experienced a dynamic week with significant developments and key metrics that highlight its ongoing growth. According to the latest weekly report from BNB Chain, the blockchain continues to expand its reach and influence across various sectors, including DeFi, AI, and payments. Key Data Highlights The report presents detailed insights into the BNB Chain’s performance for the week of November 27 to December 3. The BSC network recorded an average of 2,809,040 daily active users, while the opBNB network had 2,012,148 users. Furthermore, the total transactions for BSC amounted to 101,915,498, and opBNB saw 25,432,451 transactions.…

The U.S. Federal Reserve delivered a widely expected 25 basis point rate cut on Wednesday, lowering the range on its benchmark fed funds rate by 25 basis points to 3.50% to 3.75%. This marks the third straight quarter point reduction and brings short-term borrowing costs to their lowest level since 2022.”Uncertainty about the economic outlook remains elevated,” said the Fed in its policy statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months.”The Fed in its statement also noted that reserve balances had declined…

Strategy, the largest Bitcoin treasury company, submitted feedback to index company MSCI on Wednesday about the proposed policy change that would exclude digital asset treasury companies holding 50% or more in crypto on their balance sheets from stock market index inclusion.Digital asset treasury companies are operating companies that can actively adjust their businesses, according to the letter, which cited Strategy’s Bitcoin-backed credit instruments as an example.The proposed policy change would bias the MSCI against crypto as an asset class, instead of the index company acting as a neutral arbiter, the letter said. The first page of Strategy’s letter to the…