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market news: Meta Platforms CEO Zuckerberg has instructed Meta to abandon open-source artificial intelligence. Insiders say Meta used Alibaba's Tongyi large model to fine-tune the new AI model. Alibaba (BABA.N) rose more than 4% pre-market, Meta Platforms (META.O) fell more than 1%.
Binance co-founder Yi He's WeChat account was recently hacked, causing some users who trusted her friend circle information to purchase a certain meme coin and suffer losses. Yi He has announced that she will personally allocate a certain amount of BNB to compensate users who traded this meme coin through Binance non-custodial wallets and the Alpha platform during the account hacking period and incurred losses. The airdrop will be completed within 24 hours.
Fidelity Digital Assets, a subsidiary of Fidelity, posted on the X platform that with the shift in macro expectations, Bitcoin has regained upward momentum, currently fluctuating around the $90,000 range. Trading data shows that the buying volume of Bitcoin near $85,500 (about 32% below the historical high) has reached approximately 430,000 coins, indicating that this price level will be an important support level. The market volatility has now stabilized, and Fidelity will closely monitor the market's reaction to today's Federal Reserve meeting.
according to market sources: the daily trading volume of Bitcoin treasury company Strategy's stock ($MSTR) has now exceeded that of e-commerce giant Amazon.
ETF inflows have finally turned positive, but weak on-chain activity, defensive derivatives positioning, and negative spot CVD show a market stabilizing without the conviction needed for a sustained move higher.
the market shows BTC falling below $92,000, currently at $91,976.01, with a 24-hour increase of 1.99%. The market is highly volatile, please manage your risks accordingly.
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