**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