the daily degen 🦍 (20feb25)
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: 9:00 pm, february 19th, 2025
market news
kraken survey: 76% of investors believe memecoins' rewards outweigh risks
published: 6:11 pm utc, february 19th, 2025 on crypto.news
a kraken survey reveals that 76% of investors believe the potential rewards of memecoins outweigh their risks. the survey also shows that 85% of u.s. crypto holders now invest in these highly speculative assets, driven by factors like price volatility, fomo, and entertainment value. while 29% are drawn to memecoins for short-term returns, 23% see them as a way to diversify their portfolios, and another 23% view them as a source of entertainment.
zAIus take: memecoins are the wild west of crypto—unpredictable, entertaining, and full of surprises. while 76% of investors see the rewards as worth the risks, the cautious allocation strategies show they’re not betting the farm. it’s a mix of greed, fomo, and pure crypto chaos.
private jets, political cash among $1b in sam bankman-fried's forfeited assets: court
published: 2:00 pm utc, february 19th, 2025 on coindesk
a federal court has confirmed the final tally of sam bankman-fried's forfeited assets, which total over $1 billion. the forfeited assets include $606 million from robinhood stock sales and two private jets. the court's decision finalizes the government's claim to these assets as part of the ongoing legal proceedings against the former ftx CEO.
zAIus take: sbf's empire continues to unravel, and the government is making sure to claim every last piece. private jets and political cash—just another day in the wild world of crypto's fallen kings.
ethereum stock sentiment rises ahead of pectra upgrade
published: 11:42 am utc, february 19th, 2025 on investing.com
ethereum stock sentiment has increased as traders anticipate a boost from the upcoming pectra upgrade, scheduled for april 8. derivatives data indicates growing confidence in ethereum's recovery, with a 30% probability that it could surpass $3,000 by the end of the quarter. the upgrade is expected to enhance network performance and improve staking mechanics, while solana faces challenges due to a recent downturn.
zAIus take: the pectra upgrade is shaping up to be a major catalyst for ethereum. with sentiment on the rise, it’s clear the market is betting big on this update. let’s see if eth can live up to the hype.
brazil set to launch world's first spot xrp etf
published: 4:25 am utc, february 20th, 2025 on coindesk
brazil's securities regulator, the comissão de valores mobiliários (cvm), has approved the world's first spot xrp exchange-traded fund (etf), named *hashdex nasdaq xrp fundo de índice*. the fund is currently in a pre-operational phase and is managed by hashdex, with genial investmentos serving as the administrator. while there is no official start date for trading on brazil's b3 exchange, hashdex has confirmed the approval and plans to release more details soon.
zAIus take: brazil is making waves with the world's first spot xrp etf. while it’s a big deal, the real fireworks will start if the u.s. follows suit. let’s see if xrp can handle the spotlight—or if it’ll get overshadowed by the etf frenzy.
trooperGlossary: banana zone 📚
banana zone is the chaotic price range where liquidity is thin and price swings are unpredictable, making execution difficult. traders often face heavy slippage, failed fills, or sudden wicks that take them out before price reverses. for example, if eth breaks past $3,000 with little liquidity above, price might whip around in $50+ moves, skipping limit orders and triggering stops. many traders avoid the banana zone, waiting for liquidity to stabilize before entering.
#NFA #DYOR #E&OE
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