The crypto market experienced unexpected volatility as Bitcoin’s price exceeded $64,000, triggering over $100 million in liquidations. This sharp market movement affected more than 54,000 traders who faced significant financial setbacks. Simultaneously, Zap Africa launched its Web3 wallet integration in Nigeria, enhancing user security and control over their assets.
Plus Wallet has gained traction with its dual rewards system, which enables users to benefit from both Swap to Earn and Refer to Earn features. This innovative method places the potential for financial growth directly in the hands of users, simplifying the creation of passive income within the DeFi ecosystem.
Crypto Liquidations Surpass $100M as Bitcoin Reaches $64K
Bitcoin’s recent spike to over $64,000 has had a pronounced impact on the crypto market, resulting in more than $100 million in short liquidations in a single day. Traders who speculated on a drop in Bitcoin’s value encountered heavy losses when the cryptocurrency reached its monthly peak on October 14.
According to CoinGlass, Bitcoin shorts constituted $52 million of these liquidations, with Ethereum shorts adding another $27 million. This event marked a significant moment for those positioned unfavorably during the market’s unexpected turn.
Zap Africa’s Web3 Wallet Enhancement Strengthens User Empowerment in Nigeria
Zap Africa is advancing the fintech scene with its latest Web3 wallet integration in Nigeria. This initiative is set to transform the management of crypto assets in the region by facilitating direct connections between users’ wallets and its non-custodial exchange.
CEO Tobiloba Asu-Johnson emphasizes this integration as part of a larger vision to improve security, autonomy, and convenience for crypto users in Nigeria. By granting users complete control over their funds, this feature addresses previous security concerns and places Nigeria as a leading innovator in Africa’s fintech sector.
Unlocking Plus Wallet’s Dual Passive Income Opportunities
The market trend is leaning towards wallets that offer robust security and consistent rewards for user engagement. Plus Wallet is pioneering this approach by providing users with control and financial incentives.
Plus Wallet’s Swap to Earn and Refer to Earn programs are central to its growing popularity. By rewarding users for each cryptocurrency transaction and referral, these programs convert routine activities into opportunities for financial advancement.
These programs allow users to accrue rewards actively, with no limits on potential earnings from trading or referrals. Designed for both seasoned traders and newcomers, Plus Wallet facilitates asset growth through its straightforward yet dynamic features, positioning it as a top choice for those seeking flexibility, control, and rewards in the evolving crypto landscape.
Foremost Crypto Wallet for 2024
The recent upswing in Bitcoin’s price and subsequent market liquidations highlight the unpredictable nature of the crypto market and its potential for notable gains. Concurrently, Zap Africa’s Web3 wallet integration is setting a new standard in Africa’s fintech industry by enhancing user control over digital assets.
Plus Wallet stands out as an effective tool for those aiming to actively manage and expand their crypto holdings. With its Swap to Earn and Refer to Earn programs, Plus Wallet offers a direct path to financial growth, making it an attractive option for users looking for enhanced asset control and reliable passive income generation.
Explore Plus Wallet:
Website: https://pluswallet.app/
Download: https://onelink.to/pluswalletapp
Twitter: https://x.com/pluswalletapp
Instagram: https://www.instagram.com/pluswallet.app/
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