🚨 The Sui blockchain experienced a serious failure on November 21, halting block production for more than an hour. This triggered a wave of reactions in the industry, especially considering Sui's ambitions to compete with Solana. The price of SUI dropped by almost 11%, and Upbit suspended deposits and withdrawals. The Sui Foundation has not yet commented. The question remains: will Sui be able to recover from this blow?

North Korean hackers are back in the spotlight! 🇰🇵

- South Korean authorities have confirmed that the hacker groups Lazarus and Andariel from North Korea are responsible for the theft of 342,000 ETH from the Upbit exchange in 2019.

- The value of the stolen ether at that time was $50 million, and now, with the rise in price, exceeds $1 billion.

- Upbit is also under investigation for possible KYC violations, which could lead to hefty fines and licensing issues.

🚨 Attention, crypto-enthusiasts! Scammers posing as Coinbase support are earning five-figure sums weekly, targeting executives and engineers. They use data leaks to deceive their victims into transferring funds to fraudulent wallets. By using Tornado Cash and Monero for money laundering, they evade KYC and continue their operations. Stay vigilant and protect your assets!

Hackers Attack: Accusations of $11M Crypto Theft 💥

- In the US, charges have been brought against five members of the Scattered Spider group, suspected of stealing cryptocurrency and data.
- Using phishing SMS and SIM swapping, they stole the login credentials of employees from companies and cryptocurrency exchanges.
- 29 individuals were affected, one of whom lost $6.3M.
- The group operated from 2021 to 2023, targeting companies in the US, Canada, India, and the UK.

📉 Bitwise has registered a trust for a spot ETF on Solana in Delaware, preparing to file an application with the SEC. Although Solana has shown impressive growth of 2360%, it has yet to reach a new high. Experts expect that approval for the Solana ETF is likely by 2025, but inflows may be modest compared to Bitcoin and Ether. The SEC has postponed its decision on the Franklin Templeton ETF until 2025.

U.S. Senator Cynthia Lummis proposes creating a strategic reserve of bitcoins to combat the national debt of $35 trillion. However, president of the analytical center Avik Roy believes that this is an overestimation of cryptocurrency's capabilities. 🪙

- The reserve could ease tension in the bond market.
- However, without budget reforms, the debt will not decrease.
- There is a risk that the U.S. could deplete the bitcoin reserves, as it did with gold in the 1970s.

The SEC has once again postponed its decision on the Franklin Templeton crypto ETF until 2025. 📉

- In a letter dated November 20, the agency explains that it did not receive any comments following the proposal's publication in October.
- The new review date is January 6, 2025.
- The wait continues, and the market remains in limbo.

The industry is waiting for the crypto ETF to finally open new streams of capital.

🚨 Cryptocurrencies in China: a judge in Shanghai shed light on their legal status. In a dispute between an agro company and investors, the court found both parties guilty of illegal activities. The judge stated that virtual currencies are not fiat, but virtual goods. Although owning crypto is not prohibited, commercial organizations are banned from participating in transactions. Attention: crypto speculation can lead to legal problems!

The U.S. Securities and Exchange Commission (SEC) has begun paying $4.6 million to investors affected by the Ethereum-based ICO BitClave. In 2020, BitClave agreed to return $25.5 million and pay fines after accusations of unregistered securities issuance. 😬

The SEC actively regulates the crypto market, but with the potential change in the political course of the U.S., the future of the crypto industry remains uncertain.

Bitcoin ETF options from BlackRock have exploded the market with $1.9 billion in trading volume. 📉

- 4.4 to 1: more call options than puts. Is this a bullish signal?
- Options at $0.15 — a lottery or a real bet on $175K for BTC?
- Strategies: synthetic long and covered call for income.
- $170K for BTC? The probability is low, but speculation is rising.

Understanding mechanics and probabilities is the key to success!

🐻 The crypto market is back in the spotlight! Bitcoin is approaching the $100,000 mark, but analysts warn of a potential local peak. BlackRock's ETF options have become a hit, but not everything is so rosy. MicroStrategy is not stopping and plans to raise $2.6 billion for new BTC purchases. Meanwhile, ETH, SOL, and other altcoins are facing resistance. Stay tuned for updates so you don't miss important changes in the market!

🐋 The cryptocurrency world is restless again! A mysterious investor owns more than 10% of all Shiba Inu (SHIB) tokens, raising questions about the distribution of the second-largest meme coin. Despite the enormous profits, the investor is in no hurry to sell their assets. However, if they decide to do so, the SHIB market may feel pressure. For now, SHIB is showing growth, but it is important to remember the risks associated with large holders.

🚨 Attention, crypto enthusiasts! Russia plans to restrict mining in 13 regions, including Irkutsk and occupied territories of Ukraine, until 2031. The reason? Energy problems. ⚡

- The restrictions could severely impact mining companies, such as BitRiver, that rely on cheap electricity.
- The new laws have already faced criticism due to legal uncertainty and bans for foreign individuals.

Stay tuned for updates!

📉 Cardano (ADA) is at risk of correction! Despite the 140% increase in November due to Trump's reelection, technical indicators point to a possible decline. The "ascending wedge" on the 4-hour chart signals the risk of a decline to $0.598 or even $0.513. Trading volumes are falling, and the RSI is close to the overbought zone. Be careful, the market may surprise!

📉 Solana (SOL) hits transaction volume records — $318 billion, but Glassnode analysts believe it's the work of bots. Average transaction volumes are declining, raising doubts about organic growth. Raydium shows unreal volumes with minimal liquidity. Despite this, investors remain optimistic, expecting SOL to rise to $400. Caution: risks and artificial data inflation are possible.

🇰🇷 South Korea is on the verge of a crypto tax revolution! The Democratic Party (KDP) is confronting the ruling party (PPP) by proposing to introduce a tax on crypto income in 2025, but with the tax threshold raised from $1,800 to $36,000. The KDP believes this effectively eliminates the tax for most investors. While the PPP wants to delay the tax until 2028, the KDP sees it as a political stunt. How will this affect the market?

Hong Kong Cyberport, a government business hub, has attracted more than 270 blockchain companies, adding over 120 in 16 months. Despite $50 million in support, the market remains challenging. 🧐

- More than 270 companies from 20+ countries, including the USA, Japan, and Germany.
- Implementation of blockchain technologies in fintech and cybersecurity.
- Licensing of crypto exchanges: 3 licenses issued, 16 applications pending.

Bitcoin at its peak? 🚨

- CryptoQuant warns: one of five key indicators is already flashing red.
- MVRV Ratio shows 2.67, but there is still a margin before the critical mark of 3.7.
- The Fear and Greed Index has reached 90 — the highest since 2021.
- The influx of new capital remains high, but caution won't hurt.
- Coin Days Destroyed is at 15.1 million — a signal for a potential correction.

Keep an eye on the market!

Sky, formerly known as Maker, launched its stablecoin USDS on Solana, aiming to enhance the DeFi ecosystem of the blockchain. 🌐

- USDS has become the first major DeFi stablecoin on Solana.
- Sky offers rewards for early users and liquidity providers.
- Despite the growth of DeFi on Solana, the network's popularity is mainly driven by speculation on meme coins.
- The SKY token is not yet traded on exchanges, which slows its adoption.

Options on the spot Bitcoin ETF from BlackRock, iShares Bitcoin Trust ETF (IBIT), reached nearly $2 billion on the first day of trading. This could have pushed Bitcoin to a new high of over $94,000. 📉

- Trading of IBIT options amounted to 354,000 contracts.
- Analysts believe this caused the rise in BTC.
- The put/call ratio was 0.225, indicating a predominance of optimism.

Grayscale is also preparing to launch options on its Bitcoin ETFs.