Bitcoin price rebound to $110,000 wipes out a $1 billion short on HyperliquidBitcoin's price rally forced a high-stakes trader to liquidate a $1 billion short bet.
Happy Monday!Crypto markets are buzzing as Bitcoin's surge to $110,000 triggers a dramatic $1 billion short liquidation on Hyperliquid, underscoring renewed bullish momentum. Meanwhile, Tether charts a new course for U.S. users with a separate stablecoin, even as its CEO reaffirms USDT's mission for the unbanked abroad. And as Sweden and Norway revisit the role of cash, Vitalik Buterin spotlights Ethereum as a resilient digital payments backbone. Dive into today's top stories driving the transformation of the crypto landscape.
Ad: Make the most of your cryptoStart earning up to 14% interest, paid daily. Keep full access to your assets while they grow in your Savings Wallet. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.45 trillion, with a 24-hour volume of $103.22 billion. The price of Bitcoin is $110,037.41, and BTC market dominance is 63.4%. The price of Ethereum is $2,563.76, and ETH market dominance is 9.0%. The best-performing sector is Virtuals, which gained 19%. The Crypto Fear & Greed Index is currently Greed (73). Bitcoin price rebound to $110,000 wipes out a $1 billion short on Hyperliquid
Bitcoin's price rally forced a high-stakes trader to liquidate a $1 billion short bet. 📰 Top News
Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO saysTether's CEO said USDT will remain focused on the unbanked outside U.S. while the separate stablecoin will serve the U.S. market. Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cashAs Sweden and Norway rethink their stance on cash, Buterin sees an opportunity for Ethereum. Dubai chooses XRP Ledger to power new real estate tokenization initativeOver 3,000 investors have reportedly showed interest as Dubai aims for $16 billion in tokenized real estate by 2033. 📈 Latest Insights🗞️ More News
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