**Weekly Crypto Recap - November 12, 2023 Summary** 🚀📉

1. **Poloniex Hack:**

- Poloniex faced a security breach, losing over $120 million. 💔

- Justin Sun assured financial stability, offered a 5% bounty for resolution. 🛡️💰

2. **ETF Hype and Bitcoin's Rally:**

- Bitcoin surged to $36,780 amid ETF speculation. 🌐💸

- BlackRock discreetly registered an Ethereum-based ETF. 🤫🌐

3. **Bitcoin's Price Targets:**

- Bitcoin aimed for $38,000, facing resistance at $36,000. 🎯📈

4. **SEC vs. Binance:**

- SEC opposed Binance's motion to dismiss; Ripple's CEO considers Supreme Court action. ⚖️🚫

5. **Bankman-Fried's Trial Aftermath:**

- FTX files a $953 million lawsuit against Bybit. 💼💰

- FTX investors seek action against celebrity endorsers. 🤝👥

6. **Solana's Performance:**

- Solana maintained strength despite wallet unstaking from FTX. 🌐💪

7. **Raft Stablecoin Vulnerability:**

- Raft suspended stablecoin minting due to a security issue. 🚨❌

8. **Crypto Market Highlights:**

- SOL rose over 175% in 30 days; THORChain hit a year-high. 📈🌐

- Celsius Network faces legal challenges; CEL token gained 40%. ⚖️🚀

**Market Outlook:**

- Focus on Bitcoin's price and potential ETF approvals. 🧐🤞

- Regulatory developments and legal battles impact the market. ⚖️📰

**Caution:**

- Stay updated on regulations, legal proceedings, and security incidents. 🚨🔍

- Monitor Bitcoin's resistance levels and exercise caution in investments. ⚠️💡

#CryptoRecap #BTC #etf #Poloniex #Solana📈🚀🌐 #CryptoNews🔒📰🚫 #JojoDaily $BTC $SOL $CELR