DAILY EDGE

📊 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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