🍪 Daily Byte – 25.11.2025

By Byte & Block — exploring the building blocks of digital finance.

Today’s Menu:

• 1. BTC rebound held the 84K support
• 2. Hamas victims sue Binance
• 3. Strike CEO debanked

Fear & Greed Index Today

Prices as of 09:00 AM CET

₿ Bitcoin Defends $84K 📈: Oversold Bounce in Play, but $100K Resistance Looms

Bitcoin is fighting hard to reclaim higher ground after defending the $84,000 support zone, a level Bitcoin Magazine analysts describe as “one of the strongest structural floors left on the chart.” Technical indicators across multiple timeframes show BTC sitting in deeply oversold territory, with traders eyeing a potential bounce toward $94,000 this week if momentum continues.

But the big story isn’t just the bounce — it’s what’s waiting above.

According to Yahoo Finance Analysts, the $100,000 level has become one of the strongest resistance walls of this cycle, fueled by heavy sell orders, trapped leverage from the previous rally, and institutional hedging activity. Altcoins like XRP and SUI led yesterday’s rebound, but traders warn the relief could be short-lived if macro conditions don’t improve.

That’s where the macro tension kicks in:

• Market is still pricing in December Fed rate cuts

• CryptoQuant warns that if the Fed doesn’t cut, Bitcoin could see a sharper reset toward $60K

• Historically, Bitcoin has survived much worse:

2018: –74%

2014: –58%

Markets are oversold, support is strong, and retail is fearful — but the December Fed decision will likely determine whether BTC rips toward six figures or resets one more time.

Hamas Attack Victims File $1B Lawsuit Against Binance & CZ

A group of victims from the 2023 Hamas attack has filed a $1 billion lawsuit against Binance and former CEO Changpeng Zhao, alleging the exchange enabled large-scale terrorist financing. According to the court filings, plaintiffs argue that Binance failed to curb transactions linked to sanctioned entities, despite repeated warnings from global regulators.

The lawsuit points to historic DOJ findings that Binance’s compliance failures allowed illicit groups to move funds through the exchange during 2019–2021. Binance has not yet commented on the new case.

The lawsuit points to historic DOJ findings that Binance’s compliance failures allowed illicit groups to move funds through the exchange during 2019–2021. Binance has not yet commented on the new case.

Strike CEO Jack Mallers 🏦 “Debanked” by JPMorgan Amid Escalating Scrutiny

Bitcoin Magazine reports that Jack Mallers, CEO of Strike — one of Bitcoin’s largest Lightning-focused payment apps — has been dropped by JPMorgan, leaving him unable to use personal banking services at the institution. Mallers described learning about the account closure only after receiving a card-decline text message.

This comes as JPMorgan faces renewed heat over its historical ties to Jeffrey Epstein, with several internal probes reportedly underway. Mallers says he was given no explanation for the closure.

 A major U.S. bank shutting off a prominent Bitcoin executive adds fuel to the long-running debate over “debanking” in the crypto industry.

Meme of the day

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