📊 DAILY EDGE 🚀
📉 Market Pullback: Bitwise CIO Matt Hougan explains the recent correction as
natural leverage clearing, assuring long-term bullish drivers remain intact.
🐋 Ethereum Whales: On-chain data shows $44M worth of $ETH was accumulated
by whales, signaling confidence despite volatility.
🔒 Re-Staking Boom: $25B locked in re-staking protocols. EigenLayer leads with
$15B TVL, followed by Babylon ($5.48B) and Symbiotic ($2.22B).
🛡️ Data Breach Alert: Sensitive data from major crypto events, including names,
emails, and phone numbers, was illegally sold online.
🌍 Phoenix Group: The largest crypto mining operator in MENA plans a dual
Nasdaq listing by 2025 to expand global presence.
💵 USDC Burn: Circle destroyed 50M $USDC as part of market supply adjustments,
aiming for stability.
📉 Fed Rate Cuts: HSBC predicts a 75bps rate cut in 2025, boosting optimism for
liquidity inflows into risk assets like crypto.
🇺🇸 US Government Bitcoin Reserves: Former U.S. Economic Advisory Council
Chairman revealed substantial BTC reserves seized from illicit funds.
📲 Stay informed, stay vigilant, and embrace the opportunities ahead! 🚀🔗
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