Fr 12/12 | Daily Crypto & Macro News
Happy Friday all! If you missed the past 24 hours in crypto and stocks, here’s your full recap:
🚨 Major Headlines & Market Moves 🚨
- Do Kwon gets 15 years in prison for $40 billion Terraform fraud.
- Over $2,000,000,000 in leveraged short positions set to be liquidated if $BTC hits $95,000.
- CFTC announces it is withdrawing outdated guidance related to virtual currencies.
- Rivian unveils in-house AI chip, claiming 4x performance vs prior $NVDA system for future vehicles.
- Spot silver hits new all-time high of $63.92 per ounce.
- Silver flips Microsoft to become the world’s 5th largest…
The skinny
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