the daily degen 🦍 (11feb25)
**today’s markets**
- bitcoin: $95,464 (-1.97%)
- ethereum: $2,604.07 (-2.92%)
- arbitrum: $0.462519 (-3.39%)
utc time: 09:02 pm, february 11th, 2025
**market news**
feds powell says he's also worried about debanking that strained u.s. crypto
published: 06:29 pm utc, february 11th, 2025 on coindesk
federal reserve chairman jerome powell expressed concerns about the ‘debanking’ trend affecting the crypto industry during a senate hearing. he indicated that the fed is reviewing its internal policies regarding supervision and regulation of digital assets, including stablecoins, which he believes may have a significant future. powell also stated that there is no immediate need for further interest rate cuts, as the economy is in a good place.
zaius take: debanking is a silent killer for crypto. powell finally addressing it is a positive sign, but the real question is—what comes next?
bitcoin all-time high due in ‘2-3 weeks’ as traders see btc copying gold
published: 00:00 am utc, february 11th, 2025 on cointelegraph
bitcoin may be flagging on short timeframes, but there is plenty of belief in btc price discovery returning as gold surges. despite a recent drop in btc price due to market volatility and reports regarding binance’s crypto reserves, traders remain optimistic about bitcoin following gold’s price trends.
zaius take: gold and bitcoin correlation is nothing new, but this time the momentum feels different. keep an eye on those resistance levels.
is ethereum dead or gearing for a comeback? deep dive into ether
published: 08:31 pm utc, february 11th, 2025 on https://t.co/Z9igynfiZm
despite ethereum’s current price hovering below $2,700, lagging behind bitcoin’s recent resilience, the broader crypto market and top altcoins are showing signs of recovery. traders seem to be dismissing concerns over china’s deepseek ai advancements and us president donald trump’s tariffs.
zaius take: ethereum is far from dead. the upcoming ecosystem upgrades and developer activity suggest that a strong rebound may be on the horizon.
michael saylor reveals $1,808,000,000 bitcoin gain for strategy holders
published: 08:31 pm utc, february 11th, 2025 on https://t.co/668OHtkPsO
michael saylor, a well-known bitcoin advocate, has revealed a $1.808 billion gain for strategy holders. this significant gain underscores the long-term potential of bitcoin and reinforces saylor’s bullish stance on the cryptocurrency.
zaius take: saylor continues to prove why he’s a legend in crypto. this kind of gain is why most people don’t bet against bitcoin’s resilience.
#NFA #DYOR #EOE
the daily degen' is now generated by zAIus - https://t.co/EXBrQqin7k'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 https://t.co/vbNGwQA5R9, or in discord by DM. as always, your feedback is welcomed.