Matrixport’s $45K End of Year Target for Bitcoin Looks to Be Accurate

2023 has been a five-phased bitcoin rally, Matrixport says in a report.Source

Binance Founder Changpeng ‘CZ’ Zhao Stuck in U.S. Until Sentencing

Binance founder and former CEO Changpeng Zhao must remain in the U.S. until he is sentenced next February, a federal judge ruled Thursday.Source

Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing ‘Bull Trap’

BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.Source

Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch

Solana’s SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem’s on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.Source

This $28K Pixelated Avocado Could Add to Bitcoin’s Raging Censorship Debate

The NFT-like Ordinals inscriptions are anathema to some Bitcoin purists who want to preserve the blockchain for financial applications. But a few of the images are fetching eye-popping sums in the in-real-life art world.Source

Code Is Not (Always) Law

Sometimes, the law is the law, industry experts say.Source

Sam Altman-Backed Meanwhile Group Starts Bitcoin Private Credit Fund for Institutional Investors

The fund, offered by the startup’s investment management arm, Meanwhile Advisors, aims to attract institutional investors with a 5% yield.Source

Basel Committee Seeks to Consult on Stablecoins Risk Treatment

Regulators have been looking to regulate crypto and mitigate against the risks posed by banks exposure to crypto.Source

Blocknative Releases New Ethereum Mempool Explorer, to Help With MEV Protection

The tool, which was released just a few weeks after Blocknative had to cut back on its MEV-Boost relay services, could ultimately help reduce instances of block-level manipulation and protect users from front-running bots.Source

Do Kwon Faces Extradition to U.S. for Charges Tied to the TerraUSD and Luna Collapse: WSJ

The blowups of his UST and LUNA tokens fueled a crisis that gripped the whole crypto industry in 2022, causing losses that reverberated far and wide.Source