🥛 November recap: 3 winners. 1 BIG loser 👀

Who were crypto's biggest winners & losers this month? Find out inside 👀                                                                                                                                                                                                                                                                                                                                                                                                                 November 30, 2023 | [Read Online]( Today’s edition is brought to you by [Bakkt® Custody]( - an institutional-grade solution to custody your digital assets, backed by multi-layered security. [Learn how Bakkt built their highly scalable and ultra-safe platform!]( GM. This is Milk Road, where we serve up crypto knowledge like a master barista—strong and to the point. Here’s what we’re serving up today: - November recap: 3 winners. 1 BIG loser 👀 - Crypto makes an appearance on Forbes 30 Under 30 🍪 [Prices as of 10:30 AM ET. Click here for our Fear & Greed Index]( NOVEMBER RECAP: 3 WINNERS. 1 BIG LOSER 👀 That’s another month in the books for crypto. And November was like a Spanish soap opera…full of dramatic highs, heartbreaking lows, and the random “¡Ay, Dios mío!”. Just in case you blinked and missed something, we got you covered with the biggest winners and losers of the month. Let’s start with the winners. We got 3 of ‘em (and a few honorable mentions). THE WINNERS 1/ COINBASE - The biggest U.S. crypto exchange has been on a roll: - Its stock price is up 66% over the last month. And up a whopping +280% year-to-date. - It’s been named as the custodian for [9 out of the 12]( spot Bitcoin ETF applications. This means that if/when the highly-anticipated ETFs get approved, [Coinbase]( would be the one holding onto assets on behalf of those firms (i.e. Blackrock, WisdomTree, etc.). - For the most part, it has stayed out of trouble recently. Other exchanges like [Binance]( and [Kraken]( faced legal action from U.S. regulators this month. Coinbase has been known to be a “slow and steady wins the race” tortoise-of-an-exchange, but turns out… being basic is based in the crypto world. It’s like a girl seeing her Tinder date has a fully furnished living room. Not a single bean bag or lawn chair in sight. A true grown-up. We’re grateful for companies like Coinbase for having their sh*t together. 2/ SOLANA - The layer 1 blockchain had a historic month… - SOL is up 73% over the last month. That brings its year-to-date performance to… +327%. Holy gains. - [Decentralized exchange (DEX)]( volume on Solana hit [~$7B]( in November. That’s a new all-time high. - Solana [NFTs]( are soaring. According to [CryptoSlam](, Solana NFTs saw $76.5M in sales volume last month - up from $28M in October. Skeptics have picked on [Solana]( over the years - the network would go offline frequently, there wasn’t much adoption, and it was Sam Bankman-Fried’s favorite blockchain (yuck). But as of late, Solana hasn’t had any network issues and has seen a big increase in NFT and DeFi activity. 3/ THORCHAIN - - 2% of all spot [Bitcoin]( volume goes through it now. THORChain, being one of the few decentralized exchanges (DEXs) that allows trading in Bitcoin, has experienced a significant increase in usage. - It jumped to the 5th largest Bitcoin exchange in the world by volume. This includes centralized exchanges (CEXes). - It’s native token ($RUNE) is up 141% in November. And is up 411% year-to-date (!!). In other words, business is boomin’ for THORChain. Ok, now for some quick Honorable Mentions: - Illuvium (ILV): +118% this month. The blockchain-based game debuted on the Epic Game Store earlier this month (180M users). - Immutable X (IMX): +84% this month. The Layer 2 partnered up with Ubisoft to build a new web3 gaming experience. - Avalanche (AVAX): +82% this month. The Layer 1 blockchain is prime for crypto gaming but also found a new use case this month: [tokenized funds](. And now, onto…. THE 1 BIG LOSER Sam Bankman-Fried (aka “formerly-know-as-SBF”, or fkSBF for short) - after weeks of being called out by his former friends, colleagues, and girlfriend in court, fkSBF was [convicted of 7 charges]( of fraud earlier this month. He faces up to 110 years in prison. Oof. [PROTECT YOUR DIGITAL ASSETS WITH MULTI-LAYERED SECURITY]( Crypto custody is a lot like building a home: there’s no cutting corners. The big difference? There’s no easy fix at the store if you lose your digital assets. That’s why you need solid infrastructure from the start. And that’s where [Bakkt]( comes in. [Bakkt® Custody](: - Operates under Bakkt Trust Company LLC, an NYDFS Qualified Custodian - Is backed by multi-layer security and a seasoned team dedicated to continuous improvements - Never lends clients’ assets – what’s yours is yours The best part? You can rest assured knowing Bakkt has been doing it all since 2018 with a proven track record. [Learn how Bakkt built their highly scalable and ultra-safe platform!]( BITE-SIZED COOKIES FOR THE ROAD 🍪 [Uniswap – the largest onchain marketplace for digital assets – is now on Android and iOS.]( It is the easiest way to get into DeFi and swap seamlessly. [Download the app today](.* [Crypto made a strong showing in Forbes '30 Under 30’ list of finance leaders](. Nearly half of the slots were filled by professionals either working in or with ties to crypto. [MicroStrategy acquired 16,130 Bitcoin for $593M](. #CantStopWontStop [Pando Asset is looking to launch a spot Bitcoin ETF in the U.S](. That would bring the total number of Bitcoin ETF issuers to… checks notes... 13. [Celsius has opened up crypto withdrawals for holders of some claims](. According to the bankruptcy court, owners of some deposit accounts at Celsius will be able to withdraw 72.5% of their claims, minus transaction fees. [Copper launched a new digital assets brokerage platform for institutional trading in the United Arab Emirates](. The platform combines a suite of blockchain-based financial and custodial services, with securities financing and payments applications to follow in the next 12 months. [SoFi announced it’s shutting down its crypto trading service](. All existing crypto customers will have an opportunity to migrate their assets to Blockchain.com. *This is sponsored content MILKY MEMES 🤣 [Source: @_bassen]( RATE TODAY’S EDITION What'd you think of today's edition? - [🥛🥛🥛🥛🥛 F**king great]( - [🥛🥛🥛 Meh, do better]( - [🥛 You didn't bring the heat]( Share Milk Road You currently have 0 referrals, only 1 away from receiving The Next 10x Opportunity in Crypto for 2023. [The Next 10x Opportunity in Crypto for 2023]( [Click to Share]( Or copy and paste this link to others: ROADER REVIEW OF THE DAY VITALIK PIC OF THE DAY [tw profile: Milk Road Images] Milk Road Images @MilkRoadImages [tw] When you see a bunch of tokens are up over 100% in November... But then you see ETH is only up 11%... Nov 30, 2023 0 Likes 0 Retweets 0 Replies WANT TO SPONSOR THIS NEWSLETTER? Over 250,000 subscribers are throwing a party, and your brand is invited! 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