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Today's Top Crypto Headlines:
Altcoins Hold Steady | Unichain Mainnet | OpenSea Denies Airdrop Rumors and more...
King Fatrick Gil Añasco
February 12, 2025
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Altcoins Hold Steady: Altcoins showed resilience despite Fed Chair Jerome Powell ruling out rate cuts for 2025. Crypto analyst Matthew Hyland noted that even with "worst possible news," altcoins barely sold off, suggesting a market bottom.
📈Technical Analysis Masterclass - GALA is forming an ascending pattern in the 4-hour timeframe, a bullish signal. Watch UseTheBitcoin’s latest Youtube video “GALA Price Prediction & Next Target REVEALED!” to see if this momentum could push prices higher or join our Official Telegram Channel for more alpha!
Unichain Mainnet: Uniswap Labs has launched Unichain, its Ethereum Layer-2 blockchain, with one-second block times, swap liquidity, and yield opportunities.
💡Feature of the Day - OpenSea Denies Airdrop Rumors: OpenSea CEO Devin Finzer denied rumors of an NFT airdrop after users found a test page listing KYC and AML requirements.
All this and more in today’s headlines!
📰 News Highlights:
Altcoins showed resilience despite Federal Reserve Chair Jerome Powell casting doubt on rate cuts for 2025.
#Crypto received the worst possible news of 2025 today yet Alts hardly sold off and some are in the green
Why?
1)Sellers exhausted
2)Markets are forward looking; possible the market already sniffed this news out prior hence the capitulation a week agoIf you told anyone… x.com/i/web/status/1…
— Matthew Hyland (@MatthewHyland_)
9:05 PM • Feb 11, 2025
Crypto analyst Matthew Hyland noted that even with the "worst possible news," altcoins barely sold off, suggesting a market bottom may be forming.
For the QE is coming soon dreamers, I hope you just heard what powell said "QE is a tool we only use when rates are already at zero". You don't want zero rates and QE. That means a LOT of pain has to happen in the interim. QE isn't coming to save your overlevered alt bags anytime… x.com/i/web/status/1…
— fejau (@fejau_inc)
4:03 PM • Feb 11, 2025
Ether, XRP, and Solana saw minor losses, indicating the market may have already priced in the Fed's stance.
Fwiw, a decent economy and some credit expansion is perfectly sufficient for a moderately risk-on env.
Everyone is just anchored to stuff like zirp and qe due to recency bias.
— Dan (@robustus)
4:35 PM • Feb 11, 2025
While some analysts argue that rate cuts are essential for a sustained crypto rally, others believe moderate credit expansion can maintain a risk-on environment.
📈Technical Analysis Masterclass:
Moving Averages Indicate a Trend Shift
MAs Curling Up: A sign of a potential trend shift.
Key Support: GALA is holding above the 200-period moving average, reinforcing bullish momentum.
Risk Factor: If GALA fails to stay above support, a reversal or pullback could occur.
No Guarantee in Trading – Manage Your Risk
Market Factors: External news & volatility can impact price.
Risk Management: Never go all-in—use stop losses to protect capital.
Buying Strategy for GALA
✅ Entry: Take a small position now.
✅ Breakout Confirmation: Add more if GALA breaks above the ascending triangle.
✅ Profit Target: $0.027 – $0.028 (possible selling pressure zone).
✅ Stop Loss: Set between $0.022 – $0.020 to avoid deeper losses.
Uniswap Labs has launched the mainnet for Unichain, its Ethereum Layer-2 blockchain, entering the competitive L2 market.
The new chain promises one-second block times, swap liquidity, and yield opportunities.
Unichain mainnet is live ✨
✸ Fast with low fees
✸ Built for cross-chain liquidity
✸ Prioritizes decentralization from day oneYou can now deploy DeFi apps, launch tokens, swap, provide liquidity, and more
— Unichain (@unichain)
2:02 PM • Feb 11, 2025
With Ethereum's total value locked at $56.6 billion, Unichain will compete with major L2s like Arbitrum, Base, and Polygon.
The pink chain has arrived
You can swap, bridge, and provide liquidity on @unichain directly from the Uniswap web app and in the latest version of the wallet
Just look for the ✨
— Uniswap Labs 🦄 (@Uniswap)
2:10 PM • Feb 11, 2025
As part of Optimism’s Superchain, Unichain enhances cross-chain swaps and liquidity bridging.
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💡 Feature of the Day:
OpenSea CEO Devin Finzer has dismissed rumors of an NFT airdrop, clarifying that a community-discovered website was merely a test page.
Opensea airdrop CONFIRMED
Term of use summary:
- users are subjected to KYC/AML checks
- allocation checker before claim
- has to be 18 years old and above to claim
- VPNs not allowed for restricted countries, failing to do so may be disqualified from airdropSite was updated… x.com/i/web/status/1…
— Maki (@makisalpha)
9:47 AM • Feb 10, 2025
The site listed KYC and AML requirements, prompting backlash from users who feared strict eligibility criteria for potential rewards.
Airdrops in 2021: oh you registered an ens domain? Here's $40k go have fun
Airdrops in 2025: so we're going to need your SSN, mother's maiden name, full dox, claim is vested, also you're banned from claiming in 190/195 counties of the world
— Slumfy (@Slumfy1)
2:44 PM • Feb 10, 2025
Finzer urged users to rely only on OpenSea’s official channels for accurate information.
disappointed to see false rumors spreading
please only trust updates from official accounts, @opensea and @openseafdn
there's a lot to be excited about but we'll share when we're ready. and you'll hear it from us first
— dfinzer.eth | opensea (@dfinzer)
5:03 PM • Feb 10, 2025
Speculation about an OpenSea airdrop has been high since its Cayman Islands registration surfaced in late 2024.
gm. none of the rumors on X today are true. tysm 💙
only trust links that we post from this account.
— OpenSea Foundation (@openseafdn)
3:23 PM • Feb 10, 2025
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And that’s it for this today.
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See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com