The actions of the technology company #Meta rose 1.5%, closing with a 1% increase to reach US$576 per share, after the company reached an out-of-court agreement for US$18,000 million with 52 state attorneys general of #EEUU . Meta agreed to implement predetermined time limits of 2 hours per day, a night mode, and to silence notifications during school hours for accounts belonging to minors under 18, as well as to undergo independent audits.
Although the financial cost is high, the deal removes the uncertainty of a massive federal lawsuit in Oakland that exposed the company to fines running into the billions of dollars, of even greater magnitude. The market reacted with relief that this regulatory front was closed, boosting the stock’s price.
According to Galaxy Research, six Bitcoin wallets that had been inactive since 2011 and 2014 transferred 553 BTC worth about US$40 million over 10 days; these coins were acquired at a price around US$14, which represents more than 460,000% in profit. The vast majority of the BTC were sent to new untagged addresses. Only one transaction of 40 #BTC was sent directly to a known custody entity, the German firm Boerse Stuttgart Digital.
The transactions follow recent reports about security vulnerabilities in the firmware of certain cold-storage devices, which has prompted several veteran users to migrate their private keys to new custody schemes.
The cryptocurrency analytics platform #Glassnode noted that the #Bitcoin has had difficulties converting the US$80,000 into support in recent days, but the real challenge for the bulls is still to come. Long-term BTC holders are adding resistance to the price below US$86,000.
Since the usual bearish market time pattern is expected to continue until the end of 2026, trader and analyst Rekt Capital emphasized that the price of $BTC .
$META
Although the financial cost is high, the deal removes the uncertainty of a massive federal lawsuit in Oakland that exposed the company to fines running into the billions of dollars, of even greater magnitude. The market reacted with relief that this regulatory front was closed, boosting the stock’s price.
According to Galaxy Research, six Bitcoin wallets that had been inactive since 2011 and 2014 transferred 553 BTC worth about US$40 million over 10 days; these coins were acquired at a price around US$14, which represents more than 460,000% in profit. The vast majority of the BTC were sent to new untagged addresses. Only one transaction of 40 #BTC was sent directly to a known custody entity, the German firm Boerse Stuttgart Digital.
The transactions follow recent reports about security vulnerabilities in the firmware of certain cold-storage devices, which has prompted several veteran users to migrate their private keys to new custody schemes.
The cryptocurrency analytics platform #Glassnode noted that the #Bitcoin has had difficulties converting the US$80,000 into support in recent days, but the real challenge for the bulls is still to come. Long-term BTC holders are adding resistance to the price below US$86,000.
Since the usual bearish market time pattern is expected to continue until the end of 2026, trader and analyst Rekt Capital emphasized that the price of $BTC .
$META
