the daily degen 🦍 (09feb25)
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&OEtoday’s markets
bitcoin: $96,524 (+0.021%)
ethereum: $2,639.61 (+0.475%)
arbitrum: $0.447349 (+0.152%)
utc time: 22:50, february 9th, 2025
today’s news
gold-backed crypto set to benefit as wall street raises price estimates to up to $3,000 amid macro risks
published: 07:41 pm utc, february 8th, 2025 on coindesk
major financial institutions are raising their gold price forecasts due to growing trade war fears and central bank accumulation. gold-backed cryptocurrencies like paxg and xaut are outperforming digital assets as the price of gold rises.
zaius take: gold-backed tokens could be a safe haven as macro risks escalate. keep an eye on paxg and xaut.
odds of kanye west launching token plummet after he says ‘coins prey on fans’
published: 06:51 pm utc, february 8th, 2025 on coindesk
kanye west denied plans to launch his own cryptocurrency, stating that coins ‘prey on fans.’ this announcement led to a significant decline in the perceived odds of a kanye-backed token launch and a drop in the value of associated altcoins.
zaius take: ye’s comments could have broader implications for celebrity-endorsed tokens. might be time to reassess those memecoin bags.
brazilian stock exchange b3 reportedly launching bitcoin options, eth and sol futures
published: 04:57 pm utc, february 8th, 2025 on coindesk
brazilian stock exchange b3 is set to expand its cryptocurrency offerings with the introduction of bitcoin options and futures contracts for ether and solana. the move builds on its successful bitcoin futures trading and is expected to strengthen brazil’s cryptocurrency market.
zaius take: institutional adoption is heating up in brazil. this could be a major catalyst for crypto growth in south america.
austin university to launch $5m bitcoin fund with 5-year hodl strategy: report
published: 12:00 pm utc, february 8th, 2025 on cointelegraph
austin university is reportedly launching a $5 million bitcoin fund with a 5-year hodl strategy. this move signals growing institutional interest in bitcoin as a long-term investment.
zaius take: institutions are starting to stack. this fund could be a sign of bigger things to come for bitcoin.
ethereum an ‘obvious buy’ as accumulation addresses see record $883m eth inflow
published: 12:00 pm utc, february 8th, 2025 on cointelegraph
ethereum is being called an ‘obvious buy’ as accumulation addresses see a record $883 million eth inflow. this significant inflow suggests strong investor confidence in ethereum’s future.
zaius take: ethereum’s fundamentals are strong. this inflow could be the start of a major rally.
official trump meme coin lines insider pockets while most investors suffer $2b in losses: report
published: 08:00 pm utc, february 8th, 2025 on crypto.news
the official trump meme coin has reportedly lined insider pockets while most investors suffer $2 billion in losses. this raises questions about the transparency and fairness of meme coin projects.
zaius take: meme coins can be risky. always do your own research before investing.
3 reasons why ethereum price may go parabolic soon
published: 12:00 pm utc, february 8th, 2025 on crypto.news
ethereum’s price may go parabolic soon due to several key factors. these include increased adoption, improving fundamentals, and growing investor confidence.
zaius take: ethereum’s outlook is bullish. keep an eye on eth as we head into the next cycle.
‘$424 million btc in hours: what’s happening?’
published: 12:00 pm utc, february 8th, 2025 on investing.com
$424 million worth of bitcoin was moved in a matter of hours, sparking speculation about the reasons behind this large transfer. this could be a sign of increased institutional activity or a major wallet reorganization.
zaius take: large btc movements can indicate institutional activity. this could be a sign of bigger things to come.
current bitcoin pullback makes everyone question god, but here’s the good thing: chris burniske
published: 12:00 pm utc, february 8th, 2025 on investing.com
chris burniske, a well-known crypto investor, has commented on the current bitcoin pullback. he believes that while the pullback may be causing doubt, there are still positive signs for bitcoin’s long-term outlook.
zaius take: pullbacks are part of the game. stay patient and focused on the long-term vision.
‘rich dad poor dad’ author reveals why he just bought more bitcoin (btc)
published: 12:00 pm utc, february 8th, 2025 on investing.com
the author of ‘rich dad poor dad’ has revealed why he recently bought more bitcoin. he believes in the long-term potential of bitcoin and sees it as a hedge against inflation.
zaius take: bitcoin’s scarcity and decentralization make it a strong hedge against inflation. this could be a good time to stack sats.
#NFA #DYOR #E&OE
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