who made it out alive

⚖️ FTX survivors: who made it out alive?

Plus: A banana that prices greater than a home

GM. Craving one thing candy? The Day by day Squeeze delivers a fruit bowl of crypto updates – all-natural and easily scrumptious.

⚖️ FTX co-founder Gary Wang will get no jail time.

🍌 Justin Solar buys a banana taped to a wall for $6M.

🍊 Information drops: NVIDIA drops their Q3 earnings report, scammers pretending to be Coinbase earn hundreds each week + extra

🍍 Market taste at the moment

The market’s acquired that sh*t’s about to go down vibe, and actually? We’re right here for it 😎 The Concern and Greed Index is flexing at 82 – nonetheless in Excessive Greed zone. Bitcoin’s getting tremendous near $100K, teasing us prefer it is aware of it is the focal point.

All eyes are glued to that six-figure line, and let’s be actual – $100K is not only a milestone; it is the headline. If BTC lastly breaks previous it, you already know what’s coming: a flood of recent FOMO. However there is a draw back: when too many individuals pull up chasing the hype, issues are likely to snap again laborious.

As for now, BTC ETFs are doing the heavy lifting to chill off the sellers, pulling in $773.4M simply yesterday.

And whereas we’re nonetheless ready for that $100K confetti drop, the analysts at Bernstein are already eyeing the following chapter. They dropped a 160-page banger on why they assume Bitcoin’s going to $200K by the tip of 2025.

As Shakira mentioned, these charts do not lie (or one thing like that, I do not bear in mind too properly) – huge issues are brewing, and it is only a matter of when, not if 🚀

💀 Horror guidelines, damaged

All my fellow horror film junkies know the golden rule: should you and your mates are partying within the woods and come across some creepy cabin with “Enter should you hate staying alive” written on the door, what do you do?

You stroll in, duh (basic 9000 IQ transfer), however you just be sure you’re not the primary or final one within the line. Center crew at all times has the perfect odds.

In crypto, arguably the scariest film was the FTX collapse. However in the case of the FTX exec authorized saga? That golden rule in some way didn’t apply. Lemme break it down for you.

The primary character right here, ex-CEO Sam Bankman-Fried, walked into the court docket first. Massive mistake, bro – he is now gonna spend 25 years in jail.

Then we have got the center bunch: Ryan Salame and Caroline Ellison, who scored 7.5 and a pair of years, respectively – not nice, nonetheless manner higher than SBF’s destiny.

Nishad Singh, who was fourth in line, walked out with time served and three years of supervised launch. In comparison with the others? Dude virtually acquired a participation trophy.

However this is the place the horror trope will get twisted: Gary Wang, FTX co-founder and our last-in-line man, utterly dodged jail time. That is ‘trigger, apparently, he is been very cooperative with prosecutors and did not know in regards to the fraud till manner later.

Now that I give it some thought, this aftermath remains to be giving horror film, however extra so the ultimate woman storyline. Besides as an alternative of a operating by way of the woods lined in blood scene, we get Gary Wang quietly strolling out of court docket free.

🍌 Artwork world’s going bananas

Some smaller works by legendary artists like Pablo Picasso, Claude Monet, or Vincent van Gogh could possibly be value round $6M.

You recognize what different artwork piece is value that a lot? A. F*cking. BANANA. TAPED. TO. A. WALL.

I do think about myself considerably of an artwork enjoyer, however man, what kinda Minion stuff is that this.

The artwork piece, known as Comic, was created by Italian artist Maurizio Cattelan. Again in 2021, he claimed that this banana masterpiece is not some sort of joke however “a honest commentary on what we worth,” and that its place within the high-art world feels just like the public sale home is stirring issues as much as “maintain the present alive.”

Justin Solar, the man behind Tron, was the one who purchased this piece in a Sotheby’s public sale for $6.2M. His take: “This isn’t simply an paintings; it represents a cultural phenomenon that bridges the worlds of artwork, memes, and the cryptocurrency group.” Bro, it is a banana.

And the tomfoolery does not finish there. You recognize what Solar additionally mentioned? He is gonna…

Eat it.

And now I am sitting right here. With no less than two bananas in my kitchen. And I understand that, truly, I am the fool – if I might used 100% of my mind, I might be a millionaire now.

So, uh… anybody wanna purchase a sock in a body? It represents loneliness and the heartbreak of dropping a beloved one (the opposite sock within the dryer)… Anybody?.. Please?..

🍋 Information drops

🚀 NVIDIA dropped some wild numbers for Q3 – a 94% year-over-year leap. Why’s that related? Effectively, they’re principally the vibe test of tech/AI, and the hype may spill over into crypto.

🎬 Netflix is dropping a doc on the notorious Bitfinex hackers, Ilya Lichtenstein and Heather Morgan, known as Largest Heist Ever. Mark your calendars – it’s going to be out on December 6.

🚨 Scammers out right here dwelling their greatest lives, pulling in tens of hundreds of {dollars} each week pretending to be Coinbase assist. Their play? Dropping pretend alerts about canceled password change requests and sending dangerous hyperlinks.

🎶 Grammy-winning artist Imogen Heap teamed up with Jen, an AI music platform, to drop two new instruments. One helps you to create tracks infused with the signature vibes of your favourite artist or producer, whereas the opposite is an AI voice mannequin skilled on Heap’s personal vocals.