Dormant wallets move $785M in Ether after 8 years

- ZEC surged 8.55% in 24 hours to $346.59, but fell 23.78% in 7 days amid volatile swings. - A major ZEC short position turned $21M loss into $5M+ profit after price declines in late October. - The same address holds ETH and MON shorts, with ETH shorts generating $9.5M gains (643% profit). - ZEC's 1-year 563% rise contrasts recent declines, highlighting liquidity-driven market risks for leveraged positions. - Analysts remain cautious as short-term gains coexist with uncertain long-term volatility in crypto

- ALGO surged 5.83% in 24 hours on Dec 2, 2025, but remains down 58.74% annually amid broader crypto market declines. - Short-term buying interest drove the rally, though analysts warn of continued volatility due to macroeconomic uncertainties. - The 24-hour rebound contrasts with a 4.37% seven-day loss, highlighting uneven recovery in the crypto sector. - Traders remain cautious as isolated buying pressure emerges, but long-term bearish trends persist despite temporary optimism.

- Starbucks settles NYC Fair Workweek Law violations for $38.9M, including $35.5M restitution to 15,000+ workers. - Striking baristas demand collective bargaining amid ongoing labor disputes and unionization efforts at 550 stores. - Mayor-elect Mamdani and Sen. Sanders join protests, framing demands as moral issues against corporate resistance. - Settlement addresses 500,000 scheduling violations since 2021, with workers receiving $50/week compensation. - Starbucks defends labor law complexity but faces cr