☕️GM! Here are the top events in #Crypto for the past 24 hours

🟠Fed cuts interest rates by 25 bps to 4.25%, marking the third consecutive reduction as inflation steadies. More cuts expected into 2025.

🟠Deutsche Bank to build a Layer-2 blockchain on Ethereum using ZKsync, aiming to enhance transaction efficiency, security, and regulatory compliance.

🟠BlackRock ETF purchases first muni bond issued via blockchain, marking a groundbreaking step in using blockchain to transform capital markets.

🟠Kraken launches Ink, an Ethereum Layer 2 blockchain, ahead of schedule. Built on Optimism’s OP Stack, it partners with Curve, Frax, and more.

🟠Bitwise launches Solana staking ETP in Europe with 6.48% APY and low fees, while awaiting US approval for its spot Solana ETF.

🟠Coinbase faces criticism for delisting wBTC, citing Justin Sun-linked risks without technical reasons. Critics highlight Coinbase's own legal issues.

🟠Arthur Hayes predicts a major crypto sell-off around Trump’s inauguration, citing unrealistic investor expectations for rapid policy changes.

🟠Polygon rejects $1B stablecoin yield-generation proposal citing security concerns. Aave leadership disputes Polygon's criticism amid ongoing tensions.

🟠Trump-backed World Liberty Financial plans collaboration with Ethena, starting with sUSDe integration as collateral on WLFI’s Aave instance.

🟠ASIC sues Binance Australia for misclassifying 500+ retail clients as wholesale investors, alleging consumer protection and compliance failures.

Credits: @VirtualBacon0x