correction

1) #Bybit Recovers After #Hack
Bybit has managed to recover following the hack. To restore balances, they purchased part of the required ETH on the OTC market, while partners provided the rest. Meanwhile, the hackers have started slowly selling off stolen funds through various DEXs. This was the biggest hack in history.
$ETH
Some people have been comparing it to the #FTX collapse, but that’s completely inaccurate for several reasons:

- The market is in a bull run now, unlike during the FTX collapse, which happened in a bear cycle. Exchanges are doing well thanks to high trading volumes and, consequently, substantial fee revenue.
- The FTX collapse was a coordinated attack by media figures due to Alameda’s reckless behavior. Alameda was manipulating the market and misusing customer funds. Traditional banks learned a lesson in 2008, and crypto exchanges learned from FTX in 2022—no one wants to repeat that mistake.
- A top exchange collapsing now isn’t in anyone’s interest. We’ve already seen how quickly partners stepped in to support Bybit and bridge the gap while they recovered.
- This was the biggest stress test for an exchange in dollar terms. If Bybit didn’t collapse on the first day, the chances of it happening later are minimal. Credit goes to their team for handling the crisis so well.

2) #SEC Is Gradually Retreating
- They recently withdrew the lawsuit against Coinbase.
- Today, they closed the investigation into Robinhood.
- There’s a high chance they’ll also close the case against Consensys (which, like others, revolves around staking regulations).

Overall, I really like how "SEC 2.0" is operating. Long-term deregulation is beneficial for the crypto industry. The agency is no longer actively hindering crypto’s growth. Remember the article about debanking crypto and the Biden administration’s shadow war against it? That’s now fading into the past.
$BTC
3) M2 Money Supply Keeps Rising After #Correction
This is a very bullish signal for crypto. Remember the correlation between M2 growth and crypto market trends.

#TRB #LossRecovery
Tellor Tribute (TRB) Dip: A Buying Opportunity for Savvy Investors
The Tellor Tribute (TRB) token has experienced a significant dip in value, leaving some investors cautious. However, this downturn may present a lucrative opportunity for short-term buyers to acquire TRB tokens at a discounted price.

Market fluctuations are inherent to the cryptocurrency space, and Tellor Tribute (TRB) is no exception. The current dip can be attributed to various market and economic factors. Nevertheless, historical trends suggest that TRB has consistently demonstrated resilience and a strong potential for rebound.
$TRB
For short-term buyers, the dip presents an attractive entry point. By purchasing TRB tokens at the current lower price, investors can potentially reap significant gains when the market corrects and the token's value appreciates.

As with any investment, it's essential to conduct thorough research and consider individual risk tolerance. Nevertheless, for those willing to take calculated risks, the Tellor Tribute (TRB) dip may prove to be a lucrative opportunity.
Disclaimer: Investing in cryptocurrencies carries significant risks, including market volatility, regulatory uncertainty, and potential losses. Cryptocurrency markets can be highly unpredictable, and prices may fluctuate rapidly. Investors should never invest more than they can afford to lose and should carefully consider their financial situation, risk tolerance, and investment goals before making any investment decisions.
#ShorTermInvesting #BuyTheDip #Correction