Tom Lee, co-founder of Fundstrat and chairman of BitMine, has projected that Bitcoin could reach $250,000 by 2025. Lee's bullish forecast comes amid growing institutional interest and potential regulatory clarity in the cryptocurrency market. In other developments, former Binance CEO Changpeng Zhao has requested a court to dismiss a lawsuit filed by FTX. The legal action pertains to allegations made by FTX, though specific details of the case were not disclosed. These updates highlight ongoing legal and market dynamics within the crypto industry.