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๐ Weekly Market Recap โ Feb 10 ๐
๐ฅ Big Headlines:
๐น China imposes up to 15% tariffs on $14B worth of US exports (LNG, crude oil, agri-equipment).
๐น Trump plans 25% tariffs on all steel & aluminum imports, with a press conference on Feb 11-12.
๐น Trump urges Elon Musk to investigate $100B+ fraud at the Department of Education & Pentagon.
๐น Major US crypto firms skipping Super Bowl ads this year โ high costs or shifting strategies?
๐น Central African Republic launches $CAR memecoin on Solana, already hitting ~$800M market cap!
๐น Texas pushes SB 778 bill for a state-level Bitcoin reserve.
๐น Tether backs Rumble with a $775M investment.
๐ฐ Token Unlocks This Week:
๐น Feb 10: Aptos (11.31M $APT, $66.95M), Berachain (12.98M $BERA, $65.03M)
๐น Feb 12: Aethir (630M $ATH, $23.22M)
๐น Feb 14: The Sandbox (205.59M $SAND, $77.1M)
๐น Feb 15: Starknet (64M $STRK, $12.84M)
๐น Feb 16: Avalanche (1.67M $AVAX, $41.29M), Arbitrum (92.65M $ARB, $42.26M)
๐ Airdrop Updates:
๐น New airdrops from B3, Sentient, Arkham, Abstract
๐น Berachain Airdrop Part 2 โ rewards for active X & Discord users (Deadline: 12 PM today!)
๐น Meteora Airdrop โ AMM DEX from the Jupiter team, worth keeping an eye on!
Which news caught your attention the most? ๐๐ฅ
#Crypto #Airdrop
๐ฅ AI Agents cooling off? DeFAI is just getting started!
While the hype fades, DeFAI proves its real utilityโmeeting user needs with AI that delivers.
๐ Keep an eye on Griffain, Orbit, Anon, Hive, and Mode Network!
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๐ Will BTC Continue Its Bullish Momentum in February?
After a 9.54% surge in January, Bitcoin closed the month at $102,429, even touching a new ATH of $109,588! ๐
Looking at historical Q1 data (2011โpresent):
๐น January: 5 declines, +9.76% avg. growth
๐น February: 4 declines, +15.5% avg. growth (strongest Q1 month)
๐น March: 8 declines, +11.8% avg. growth
With Trumpโs inauguration boosting market sentiment, several U.S. states approving Bitcoin reserves, and the Fed maintaining interest rates, February is primed for another strong move. ๐
๐ Potential targets: $120K โ $150K
Whatโs your bet for February? ๐๐
#BTC #Bitcoin #Trump
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Given this slow pace, I actually think the proposalfor a Digital Asset Reserve could coincide with the peak of the bull run (within weeks or months of its launch). This would be surrounded by maximum hype due to the bill. It might sound ironic, since "all that money is expected to come in," but the market will have already priced it in by that time. The majority of the bull run will have been driven by this anticipation. Sure, Bitcoin and crypto might see a brief "pop" from the good news, but looking back, Iโm willing to bet it will mark the top of the market.
๐จBreaking : David Sacks, Crypto Czar, Reveals U.S. Administration is Exploring Bitcoin Reserve
- David Sacks, who served as Donald Trumpโs Crypto Czar, announced that the U.S. administration is exploring the possibility of establishing a Bitcoin reserve. A White House official confirmed that an internal working group, which includes cabinet secretaries, is evaluating this idea under the president's direction.
๐This process is still in the early stages, as some key officials are awaiting confirmation. While the Bitcoin reserve is being reviewed, discussions around a sovereign wealth fund are separate and will involve Secretary Ludnick once appointed. Further updates on the administration's Bitcoin strategy are expected in the coming months.
#CryptoNews
My opinion: It will take a long time (up to 100 days) to propose any sort of Bitcoin or digital asset reserve. It doesnโt seem urgent at allโpartly because the government works slowly and partly because there doesnโt appear to be much energy or motivation to move quickly.
Here are some numbers: They have 100 days to proposea bill to Congress, meaning they might not even introduce it until May. The concerning part is that once proposed, it will have to go through both Congress and the Senate. On average, it takes 252 days for a bill to pass.
๐ฅ๐ฅ๐ฅ Weekly Market Recap - Week 5/2025
๐จ Trumpโs new tariffs spark trade war fears โ Markets react with inflation concerns.
๐ฅ Crypto market bleeds โ BTC dipped below $92K, ETH touched $2.2K. Over $400B wiped from market cap, with $2.1B in liquidations in just 24 hours.
๐ Trump shifts stance on Fed rates, now backing a pause instead of pushing for cuts.
๐ฎ๐ณ India rethinks crypto stance following Trumpโs pro-crypto policies.
๐ถ $MUSKIT surges 30% after announcing a partnership with MM Myrrha Labs.
๐ Upcoming Token Unlocks:
๐ Feb 5: 841.18M $XDC unlocked (equivalent to 5.36% of total supply, valued at $69.85M)
๐ Feb 9: 50M $MOVE ($28.26M, 2.17%)
๐ Feb 10: 11.31M $APT ($58.25M, 1.97%)
๐ Feb 12: 630M $ATH ($21.22M, 10.21%)
๐ Feb 14: 205.59M $SAND ($71.1M, 8.41%)
๐ Feb 15: 64M $STRK ($12.84M, 2.48%)
๐ Feb 16: 1.67M $AVAX ($38.79M, 0.40%)
๐ Buckle up, another volatile week ahead!
Read for $20,000+ $USDC chance:
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Deadline: FEB 11
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