Shaq Quietly Resolves NFT Lawsuit, Bitcoin Forecasts $100,000 in June

Basketball legend Shaquille O’Neal has settled a class-action lawsuit concerning the Astral NFT project for $11 million. This resolution provides closure for buyers who felt misled by promotional endorsements that overstated the value and utility of the NFTs. The agreement allows Shaq to move past this legal hurdle, while those affected will receive compensation if approved by the court. Meanwhile, the Bitcoin market continues its upward climb, with analysts anticipating it may reach $100,000 by June, fueled by factors such as whale accumulation and increasing institutional interest in BTC ETFs. This bullish outlook echoes the 2021 bull run, but experts emphasize that this time, market fundamentals like on-chain activity and regulatory clarity are stronger. If market conditions hold, Bitcoin could experience a parabolic surge sooner than anticipated.