[Bitcoin may still have steam for $250K this year: Fundstrat’s Tom Lee]
Fundstrat managing partner Tom Lee says Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Bitcoin may still have steam for $250K this year: Fundstrat’s Tom Lee"></p><p>Fundstrat managing partner Tom Lee says Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025.</p>

Bitcoin may still have steam for $250K this year: Fundstrat’s Tom Lee

Big names are projecting the S&P 500 will post a double-digit decline

Why Wall Street is bracing for a correction in stocks

Changpeng “CZ” Zhao, former CEO of Binance, asked a Delaware bankruptcy court to dismiss FTX’s lawsuit against him. He claimed, among other reasons, that it has no jurisdiction, as CZ is not a US or Delaware resident.
FTX is attempting to recover $1.76 billion from Binance, which was transferred between the two firms under ambiguous circumstances.
Why is FTX Trying to Sue CZ?
The FTX collapse left a ton of fallout all over the crypto industry, and the saga periodically resurfaces in bizarre ways. Today, it’s appearing once again.
According to a recent report, CZ just filed to ask if a Delaware bankruptcy court could dismiss FTX’s lawsuit, which is attempting to recoup $1.76 billion that Sam Bankman-Fried sent to Binance:
“The claims are so far removed from Delaware, and even the United States, that the statutes at issue, which lack extraterritorial application, do not even apply,” CZ claimed. Specifically, this argument insists that CZ’s residence in the UAE makes Delaware an improper venue to litigate this 

CZ Asks US Bankruptcy Court to Invalidate FTX’s $1.76 Billion Lawsuit

The market is currently at a sensitive juncture, with price levels around $112,600 and signals from the RSI creating two clear scenarios.
One is a “profit-taking” move that pulls the price back to the...