Shaquille O’Neal cleared to settle Astrals NFT lawsuit, Bitcoin $100K target still in play, and more: Hodler’s Digest Former NBA star Shaquille ONeal has been granted final court approval to settle a class-action lawsuit for $11 million with Astrals non-fungible token (NFT) buyers. Florida federal court judge Federico Moreno granted approval of the settlement between ONeal and the class group led by Daniel Harper in an April 1 order made available on April 8. The deal created a fund of up to $11 million for eligible class members and awarded $2.9 million in attorney fees and costs. All those who purchased Astrals NFTs from May 2022 to Jan. 15 and those who purchased the projects native GLXY tokens up until mid-January are eligible. Read more
A crypto analyst eyes Bitcoin’s potential retrace to $70K, a crypto investor funds a SpaceX flight, and more: Hodler’s Digest BitMEX co-founder and former CEO Arthur Hayes says US President Donald Trump’s tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally. Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC, Hayes said in an April 3 X post. His comments come just a day after it was announced that the Trump administration will hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%. Read more
A crypto analyst is eyeing off a sooner timeframe for Bitcoin all-time highs, XRP may retrace up to 40%, and more: Hodler’s Digest Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst. The market may be underestimating how quickly Bitcoin could surge potentially hitting new all-time highs before Q2 is out, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph. He said this forecast stands regardless of whether or not there is more clarity on US President Donald Trumps tariffs and potential recession concerns. Read more
Ripple CEO Brad Garlinghouse says the SEC lawsuit is “over,” Donald Trump speaks at Blockworks’ Digital Asset Summit: Hodler’s Digest The US Securities and Exchange Commissions multi-year enforcement action against Ripple is finally coming to an end, according to the companys CEO. This is it the moment weve been waiting for. The SEC will drop its appeal a resounding victory for Ripple, for crypto, every way you look at it, Ripple CEO Brad Garlinghouse wrote on X on March 19. Im finally able to announce that the case has ended; its over, Garlinghouse said in the video attached to the X post. Read more