Degen AI (DGENAI)
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About DGENAI
DegenAI_0x is an AI-driven agent introduced on the virtuals.io platform, designed specifically for trading perpetual futures (perps) on Hyperliquid. Its goal is to utilize AI technology for automated and refined trading strategies. The agent prioritizes market analysis, risk assessment, and trade execution to take advantage of market fluctuations. DegenAI_0x highlights transparency by providing performance data and fosters community engagement by sharing updates on trading activities and offering educational insights into its strategies.
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News
Fidelity Reports Record Bitcoin Exchange Withdrawals Amid Institutional Accumulation
Bitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves…

Citrea Deploys Complete BitVM Bridge Design on Testnet, Furthering Bitcoin's DeFi Applications
Citrea, the ZK rollup designed to enhance Bitcoin's blockspace capabilities, has launched its Clementine Bridge, marking the first complete BitVM bridge design on the Bitcoin Testnet. This deployment represents an advancement in extending bitcoin's utility to decentralized finance (DeFi) applications,…

Bitcoin ETFs Attract Nearly $1 Billion in New Capital With Blackrock's IBIT Dominating Inflows
Bitcoin ETFs added another $917 million in inflows, driven largely by Blackrock’s IBIT and continued investor enthusiasm. Meanwhile, ether ETFs slid back into outflow territory with a $23.88 million exit. Bitcoin ETF Boom Continues With $917M Inflows With Ether ETFs…

XRP Price Analysis: Can Elliott Wave Impulse Sustain the Momentum?
XRP is trading at $2.198 to $2.22 over the last hour, with a total market capitalization of $129 billion, as bullish forces edge the price closer to the key resistance zone. With a 24-hour trading volume of $4.17 billion and…

CME Group to Launch XRP Futures Amid Rising Demand for Regulated Crypto Products
CME Group is set to introduce XRP futures on May 19, pending regulatory approval. The move expands its crypto derivatives offerings, giving traders access to both micro and standard-sized contracts tied to the XRP-Dollar reference rate. XRP Futures to Expand…
