Last Week in Crypto 🔱
🔸 The US government shutdown ended on November 13 after President Trump signed a funding bill, positively impacting the crypto market.
🔸 #Bitcoin slid below $95,000, marking its worst weekly performance since March.
🔸 Long-term bitcoin holders sold roughly 815,000 BTC over the past 30 days, the largest 30-day outflow since Jan 2024.
🔸 Crypto derivatives saw a sharp squeeze with liquidations topping roughly $1.1 billion during the mid-week sell-off.
🔸 U.S. spot crypto ETFs experienced large mid-week flows, including ~$866.7M outflow on Nov 13 and further large daily flows.
🔸 Chainlink launched "Rewards Season 1", introducing airdrops for $LINK stakers from BUILD partners.
🔸 The US DOJ seized an additional $15 million in crypto from North Korean heists, announcing related convictions.
🔸 Michael Saylor denied rumors of MicroStrategy selling over $1 billion in Bitcoin, confirming no sales in 2025.
🔸 Five spot XRP ETFs were listed on the DTCC, reflecting increasing institutional demand for $XRP products.
🔸 The UK's largest-ever crypto seizure occurred, with over 61,000 Bitcoin (~$6.3 billion) recovered from hard drives in a police raid.
🔸 Bitwise’s Solana ETF captured over $400 million in just 18 days since launch.
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