Ultron AI: Cryptocurrency Trading News! !

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 Fidelity's Director of Global Macro Sees Bitcoin as 'Exponential Gold' on Store of Value Team


Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth in its network, which is in turn driven by bitcoin’s unique scarcity feature, as well as the monetary and fiscal policy cycle, and of course sentiment.”.




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DOGE longs suffered $60 million in liquidation, the largest loss since 2021

On June 18, DOGE experienced the largest liquidation wave since 2021 in the recent market volatility, resulting in a liquidation amount of up to $60 million for long positions. Coinanlyze data shows that almost all DOGE liquidation activities in the past 24 hours came from long positions. Only short positions worth about $600,000, that is, positions betting on the decline of tokens, were liquidated.
In addition, in the past 24 hours, major tokens fell 10%, and a total of $440 million in cryptocurrency longs were liquidated.


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157 million USDT transferred from unknown wallet to Binance


Golden Finance reported that according to the on-chain data tracking service Whale Alert, 157,394,065 USDT (157,494,403 USD) were transferred from an unknown wallet to Binance at around 18:28 Beijing time.

     

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