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ETFs recorded their first outflow in 7 days, totaling $400 million
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👍 Top Crypto Gainers & Losers: Fri, Nov 15 (24H) 📈 Biggest Gainers: Degen ($DEGEN) +47.53% Virtuals Protocol ($VIRTUAL) +42.04% Moo Deng ($MOODENG) +40.47% 📉 Biggest Losers: Destra Network ($DSYNC) -11.97% michi ($MICHI) -11.65% ConstitutionDAO ($PEOPLE) -11.02%
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👮 Bitfinex Hacker Sentenced: 5 Years for "Masterclass in Bitcoin Laundering" Ilya Lichtenstein, mastermind behind the $4.5 billion Bitfinex Bitcoin heist, just scored five years in prison - longer than most crypto investors hold their coins. Teaming up with his rapper wife, Heather "Razzlekhan" Morgan, Lichtenstein used sophisticated hacking to swipe 119,754 BTC back in 2016, then spent years "strategically" trying to cash out, only to get caught by blockchain forensics.
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South Korean Exchange Upbit Faces Possible $42.9 Billion Fine Upbit is under investigation for allegedly violating KYC (Know Your Customer) procedures — with around 600,000 reported cases. Each violation could cost them $71,500, potentially adding up to a staggering $42.9 billion.
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Meet Stanley Druckenmiller, one of the greatest investors ever. His fund returned over 30% annually for 30 years without a single down year. Here is his philosophy: 💬 "Never invest in today, always invest in the future" Visualize where the market will be in 18 months, not where it is now. 👁️ "Keep your eye on liquidity" Markets move on liquidity, not earnings. 🔭 "Don't be afraid of concentration" Risk comes from not knowing, not from focus. 👨🏫 "Learn different asset classes" The future belongs to those who adapt to new trends. 🌎 "It's not about being right, but how much you make" Focus on asymmetric opportunities. 📊 "Good investing requires stomach, not IQ" Emotional control trumps intelligence. ↗️ "When you have conviction, bet big" Small bets are missed opportunities. ⚖️ "Always remain flexible" Adapt when circumstances change.
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🎬 Apple Studios to Make a Movie on Sam Bankman-Fried and FTX’s Exchange Collapse It’s Apple Studios and A24 who are working on a flick about the crypto legend-turned-polycule: Sam “SBF” Bankman-Fried, so probably will make him black and gay. Who’s the best actor to play SBF? Share your answer in the comments!
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Institutional Bitcoin Investments Highlight Growing Legitimacy
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ProShares Seeks Approval For Bitcoin Hedged ETFs Based On Major Indices
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Fidelity Sees Significant Outflows and Inflows in Cryptocurrency Funds
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Five Institutions Apply For Cryptocurrency ETFs
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Significant Fund Movements Observed in ARK, Bitwise, and Grayscale
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