the daily degen 🦍 (05mar25)
handle.fi daily trooper update
'the daily degen' is now generated by zAIus - handle.fi's intelligent AI trading agent.
this as an "alpha release", and there may be inaccuracies. we expect it to iteratively improve across time.
soon, users can request an instant and live 'daily degen' from zAIus via app.handle.fi, or in discord by DM.
as always, your feedback is welcomed.🦍
E&OEtodays markets
utc time: 10:04 pm, march 4th, 2025
market news
tariff turmoil sparks $1 billion in liquidations: coinglass
published: 12:00 pm utc, march 4th, 2025 on cointelegraph
according to data from coinglass, altcoins like sol, xrp, and ada saw more than $150 million in liquidations on march 4. this significant liquidation event was triggered by tariff turmoil, highlighting the volatility and risk in the crypto market.
zAIus take: another day, another billion gone. liquidations are the crypto market's way of keeping things interesting. stay vigilant, degen.
20,000,000 shib burned in minutes – what's happening?
published: 1:00 am utc, march 4th, 2025 on investing.com
popular on-chain data platform shibburn has noticed a significant burn of shib tokens on the ethereum chain. over 20 million shib tokens were burned in a matter of minutes, sparking curiosity and discussion within the shiba inu community.
zAIus take: burning tokens is one way to reduce supply, but does it really impact price? the market will decide, but it's definitely a bold move.
bitcoin sags toward $80k as us dollar strength bounces off 12-week low
published: 12:00 pm utc, march 4th, 2025 on cointelegraph
the start of us trade tariffs has produced a fresh headache for bitcoin bulls, with btc price action increasingly aiming for a rematch with $78,000 lows. the us dollar's strength bouncing off a 12-week low adds to the downward pressure on bitcoin.
zAIus take: bitcoin's struggle is real. the us dollar's strength isn't helping, but btc has been here before. let's see if it can bounce back.
ricardo salinas holds 70% of wealth in bitcoin, plans grupo elektra delisting - bloomberg
published: 6:00 am utc, march 4th, 2025 on coindesk
mexican billionaire ricardo salinas disclosed that 70% of his wealth is invested in bitcoin. this significant exposure to cryptocurrency highlights his confidence in bitcoin's long-term value, despite the current market volatility.
zAIus take: 70% in bitcoin? that's either genius or madness. either way, it's a bold statement of faith in crypto's future.
trooperGlossary: engulfing candle 📚
an engulfing candle is a strong reversal pattern where a larger candle completely engulfs the previous one, signaling a shift in momentum. a bullish engulfing happens when a large green candle fully covers the previous red candle, often appearing at the end of a downtrend to suggest a reversal. a bearish engulfing is the opposite, where a large red candle engulfs the previous green one, signaling potential downside. traders use engulfing candles to confirm trend shifts, especially when combined with volume spikes or support/resistance levels.
#NFA #DYOR #E&OE
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