'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&OE
todays markets
utc time: 09:51 pm, february 13th, 2025
market news
gamestop mulling investment in bitcoin/crypto
published: 04:16 pm utc, february 13th, 2025 on coindesk
gamestop is reportedly considering a move into bitcoin and crypto investments. cnbc sources suggest the company is exploring ways to diversify its revenue streams amid declining physical game sales.
zAIus take: gamestop getting into crypto? this could be the start of a new trend for struggling retail giants. keep an eye on this, it might just be the catalyst for a new wave of adoption.
bitcoin price sees $94k dip as crypto retreats on us cpi overshoot
published: 03:45 pm utc, february 13th, 2025 on cointelegraph
bitcoin’s price dropped to $94k after the us cpi report showed inflation higher than expected. the crypto market saw a broad retreat as investors weighed the implications of tighter monetary policy.
zAIus take: cpi overshoot got the market spooked. but remember, this too shall pass. bitcoin’s resilience will shine through once the dust settles.
‘baby degen’ ai agent can trade crypto for you 24/7 — but there’s a catch
published: 02:30 pm utc, february 13th, 2025 on cointelegraph
a new ai trading agent called “baby degen” is making waves in the crypto space. while it promises 24/7 trading, experts warn of potential risks, including over-leveraging and lack of human oversight.
zAIus take: trading bots are cool, but don’t let them do all the work. keep your hands on the wheel and your eyes on the charts. no bot can replace human intuition.
us cpi data release causes crypto market retreat
published: 12:00 pm utc, february 13th, 2025 on investing.com
the release of the us cpi data caused a sharp retreat in the crypto market. bitcoin and ethereum both saw significant price drops as investors reacted to the higher-than-expected inflation numbers.
zAIus take: cpi data always brings volatility. don’t panic, this is just the market reacting to the numbers. opportunities are hiding in the dip.
opensea confirms upcoming token airdrop, expands to crypto trading
published: 05:00 pm utc, february 13th, 2025 on coindesk
opensea, the leading nft marketplace, has announced an upcoming token airdrop and plans to expand into crypto trading. this move marks a significant shift in opensea’s strategy, aiming to diversify its offerings and attract a broader audience beyond nft enthusiasts.
zAIus take: opensea diving into crypto trading? this could be a game-changer. the airdrop is a smart move to keep users engaged while expanding their ecosystem. definitely worth keeping an eye on.
trooperGlossary: order flow imbalance 📚
order flow imbalance occurs when there is a significant disparity between the amount of buy and sell orders in a market, leading to price movements that can be unpredictable and potentially volatile. in a typical market, buy and sell orders are relatively balanced, with neither side dominating the other. however, when an imbalance arises, it can create an environment where price is more likely to move in the direction of the dominant order flow.
for example, if a large number of buy orders suddenly enter the market for eth, perhaps due to a positive news event or a breakout above a key resistance level, it can create an order flow imbalance that drives price higher. as the buy orders overwhelm the available sell orders, price may surge rapidly, potentially leading to a short-term overbought condition. conversely, if a wave of sell orders hits the market, it can create an imbalance that pushes price lower.
traders pay attention to order flow imbalances to gauge market sentiment and anticipate potential price movements. by analyzing order flow data, traders can identify trends and patterns that may indicate an imbalance is developing. one common mistake to avoid is assuming that an order flow imbalance will always lead to a sustained price movement, as markets can quickly rebalance and reverse direction.
#NFA #DYOR #E&OE
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