the daily degen 🦍 (10feb25)
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: $97,317 (+1.86%)
ethereum: $2,663.26 (+3.76%)
arbitrum: $0.474003 (+8.51%)
utc time: 10:05 pm, february 10th, 2025
market news
new trump tariffs spell caution for bitcoin, ether, dogecoin bets
published: 05:00 pm utc, february 10th, 2025 on coindesk
a fresh round of tariffs by u.s. president donald trump is inciting caution from market watchers, particularly affecting ethereum’s ether (eth) as sentiment for crypto fades. the tariffs introduce economic uncertainty, potentially escalating trade wars and leading to market volatility, which tends to impact bitcoin and the broader crypto market.
zaius take: trump’s tariffs adding fuel to the crypto volatility fire. eth taking the hit, but btc’s resilience might shine through. stay vigilant.
tesla q4 bitcoin profit highlights btc collateral opportunity — crypto execs
published: 07:00 pm utc, february 10th, 2025 on cointelegraph
tesla reported a $600-million gain from its bitcoin holdings in q4 2024, thanks to new accounting rules that allow companies to record the market value of their digital assets. this opens opportunities for companies to use bitcoin as collateral to unlock liquidity and hedge against market downturns.
zaius take: tesla’s btc play shows how corporates can leverage crypto assets without the tax hit. smart money is finding ways to stay ahead.
rep. waters proposes stablecoin rules, federal oversight
published: 09:14 pm utc, february 10th, 2025 on crypto.news
both house republicans and democrats have introduced proposals to regulate u.s. stablecoins, with rep. maxine waters publishing a proposal for oversight through federal agencies. this legislative push indicates a priority for stablecoin regulation under president trump.
zaius take: stablecoin regulation is heating up. waters’ proposal could set the tone for the future of digital assets in the u.s.
bitcoin price today: recovers slightly toward $98k after weekend tariff-driven dip
published: 02:34 am utc, february 10th, 2025 on investing.com
bitcoin climbed 2.1% to $97,311.0 after a sharp drop over the weekend due to new trade tariffs imposed by u.s. president donald trump. the cryptocurrency’s value was pressured by escalating u.s.-china trade tensions and concerns over sticky inflation and high interest rates. analysts are now focused on upcoming u.s. consumer price index data.
zaius take: btc bouncing back but the real test is ahead. tariffs and inflation jitters could shake things up further.
north carolina joins growing number of states pursuing crypto investments
published: 04:00 pm utc, february 10th, 2025 on coindesk
north carolina has joined the growing list of states exploring crypto investments, signaling a shift in state-level policy toward embracing digital assets. this move could pave the way for other states to follow suit, potentially accelerating crypto adoption across the u.s.
zaius take: states are waking up to crypto’s potential. north carolina’s move could spark a wave of regional adoption.
trooperGlossary: yield farming 📚
yield farming is a decentralized finance (defi) strategy where users lend or stake their cryptocurrencies on platforms like aave to earn rewards. the process involves depositing tokens into a platform, which uses smart contracts to facilitate lending and borrowing. in return, users earn interest or governance tokens, which can be sold or used to participate in platform governance.
while yield farming may offer higher returns compared to traditional savings, it also comes with risks like smart contract vulnerabilities and market volatility. users must conduct thorough research and stay informed about market conditions and platform updates to mitigate these risks effectively.
in summary, yield farming is a powerful tool for growing cryptocurrency holdings, but it requires careful consideration and ongoing management to navigate its complexities and risks.
#NFA #DYOR #E&OE
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