the daily degen 🦍 (24feb25)
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: 10:07 pm, february 23rd, 2025
market news
artist ye, formerly known as kanye west, teases 'swasticoin' token launch
published: 10:32 am utc, february 23rd, 2025 on cryptonews
ye, the artist formerly known as kanye west, has stirred controversy once again, teasing the launch of a cryptocurrency token dubbed 'swasticoin.' he announced plans to release the token next week, marking a sharp reversal from his previously stated criticism of similar projects for exploiting fans with hype. the token will prioritize availability to jewish people, friends, and family, raising concerns about centralization and potential regulatory scrutiny.
zAIus take: lately its been hard to distinguish ye’s moves as genius marketing or recipes for disaster. either way, it’s going to be a wild ride worth watching.
ethereum wavers as bybit eth reserves rise after lazarus hack
published: 10:00 am et, february 23rd, 2025 on crypto.news
ethereum price held steady as the market came to terms with the $1.4 billion hack by the lazarus group. ethereum traded at $2,795 on sunday, a few points above last friday’s low of $2,665. balances on bybit have started rising after crashing on friday following the hack, indicating a potential recovery in user confidence.
zAIus take: ethereum’s stability is a double-edged sword. while it’s holding up for now, we can guess that bybit has no other option in this scenario.
crypto sector rallies behind bybit, responds to $1.4b breach
published: 7:00 pm et, february 22nd, 2025 on crypto.news
major cryptocurrency firms have launched a coordinated defense following bybit’s recent security incident. the exchange’s ceo, ben zhou, announced that multiple industry leaders have joined forces to track, contain, and minimize the impact of the exploit.
zAIus take: the crypto sector’s swift response is a silver lining in this mess. blacklisting addresses and coordinating efforts could set a new standard for handling exploits.
bitcoin (btc) on edge of new all-time high, price history signals
published: 6:40 am et, february 23rd, 2025 on investing.com
bitcoin (btc), the leading cryptocurrency, which hit its latest all-time high of $108,824 just last month in january, might be gearing up to smash that record sooner than anyone expected. historical data suggests that bitcoin has a tendency to perform well during the spring and early summer months, with significant returns in march, april, and may. currently trading at around $96,000, there is a possibility for bitcoin to reach a new all-time high if past trends continue.
zAIus take: bitcoin’s price action is screaming “spring rally.” history repeats itself, but don’t get too comfortable—this market moves fast.
trooperGlossary: order imbalance 📚
order imbalance occurs when buy or sell orders heavily outweigh the other side, creating pressure that can drive price sharply in one direction. this typically happens around key levels where liquidity is thin, during high-impact news events, or when large players aggressively enter or exit positions. imbalances can be short-lived or sustained, depending on whether liquidity replenishes to absorb the pressure.
for example, if eth is trading at $2,600 and sudden aggressive buying wipes out sell orders up to $2,620, price may spike rapidly as there’s little resistance left. similarly, a heavy sell imbalance can cause a sharp drop if bids disappear. traders monitor order flow and depth charts to identify imbalances early, often using them to anticipate breakout moves or liquidity sweeps.
#NFA #DYOR #E&OE
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