The crypto market was taken aback as Bitcoin soared above $64,000, resulting in more than $100 million in liquidations. The sudden shift led to significant losses for over 54,000 traders. Concurrently, Zap Africa launched its Web3 wallet integration in Nigeria, enhancing user security and asset control.
Plus Wallet has gained traction with its dual reward system, which enables users to earn through both Swap to Earn and Refer to Earn features. This innovative strategy empowers users, facilitating easier passive income generation in the DeFi sector.
Crypto Liquidations Top $100M as Bitcoin Reaches $64K
The rapid ascent of Bitcoin to over $64,000 has had a profound impact on the crypto market, with a flurry of liquidations exceeding $100 million in just 24 hours. Traders who anticipated a decline in Bitcoin’s value faced significant losses as the cryptocurrency reached a monthly high on October 14.
According to CoinGlass, Bitcoin shorts were responsible for $52 million of the total liquidations, with Ethereum shorts at $27 million. This dramatic event highlights the volatility and the risks for traders positioned against the market trend.
Zap Africa’s Web3 Wallet Integration Enhances User Autonomy in Nigeria
Zap Africa is advancing the fintech landscape with its new Web3 wallet integration in Nigeria. By bridging user wallets with its non-custodial platform, Zap Africa is transforming how crypto assets are managed in the region.
CEO Tobiloba Asu-Johnson regards this advancement as a step towards a broader goal of improving security, independence, and convenience for Nigerian crypto users. The integration grants users complete control over their finances, addressing prior security issues within Nigeria’s crypto market and positioning Nigeria as a pioneer in African fintech innovation.
How to Access Plus Wallet’s Dual Passive Income Features?
The focus in the market is shifting towards wallets that not only secure assets but also provide continuous rewards for user engagement. Plus Wallet leads by offering both control and financial benefits directly to its users.
Plus Wallet’s Swap to Earn and Refer to Earn initiatives enhance its attractiveness. Users earn rewards with each crypto transaction, and the Refer to Earn feature further supports income generation by rewarding both the referrer and the new user upon trading activity, fostering a beneficial ecosystem.
Users can start earning immediately without additional requirements, with no cap on the potential earnings from trading or referrals. Plus Wallet serves as an efficient tool for both seasoned traders and new users, enabling asset growth through its rewarding features.
The Optimal Crypto Wallet for 2024
Bitcoin’s recent spike and subsequent market liquidations underscore the unpredictability of the crypto market and the possibilities for significant financial outcomes. Meanwhile, Zap Africa’s Web3 wallet initiative puts Nigeria at the forefront of the continent’s fintech development, providing users with greater control over their digital assets.
Plus Wallet offers an effective platform for users to manage and expand their crypto holdings actively. With its Swap to Earn and Refer to Earn programs, Plus Wallet presents a robust option for those desiring greater asset control and consistent passive earnings.
Explore Plus Wallet:
Website: https://pluswallet.app/
Download: https://onelink.to/pluswalletapp
Twitter: https://x.com/pluswalletapp
Instagram: https://www.instagram.com/pluswallet.app/
