The broader crypto market was caught by surprise when Bitcoin’s price shot past $64,000 recently, triggering over $100 million in liquidations. More than 54,000 traders were swept up in the turmoil, facing massive losses as the market shifted unexpectedly. Around the same time, Zap Africa introduced its Web3 wallet integration in Nigeria, offering users enhanced security and control over their assets.
Meanwhile, Plus Wallet has surged in popularity with its dual rewards system, allowing users to profit through both Swap to Earn and Refer to Earn features. This fresh approach puts financial growth directly into users’ hands, making it easier than ever to build effortless passive income in the DeFi space.
Crypto Liquidations Exceed $100M as Bitcoin Hits $64K
Bitcoin’s recent surge past $64,000 has caused significant ripple effects across the crypto market, with over $100 million in short liquidations within 24 hours. Traders who bet against the market, expecting Bitcoin’s price to fall, faced substantial losses as the cryptocurrency hit its highest price for the month on October 14.
According to CoinGlass, Bitcoin shorts alone accounted for $52 million of the total liquidations, with Ethereum shorts trailing at $27 million. In total, over 54,000 traders were liquidated, marking a dramatic moment for those caught on the wrong side of the market shift.
Zap Africa’s Web3 Wallet Integration Boosts User Control in Nigeria
Zap Africa is making a significant leap in the financial tech world with its latest Web3 wallet integration in Nigeria. Zap Africa redefines crypto asset management in the region by introducing seamless connections between users’ wallets and its non-custodial exchange.
CEO Tobiloba Asu-Johnson highlights this feature as the beginning of a broader vision aimed at enhancing security, autonomy, and convenience for Nigerian crypto users. The integrated wallet allows users full control over their funds — a feature critical given the past concerns about security within Nigeria’s crypto space. This development positions Nigeria as a leader in Africa’s fintech innovation, offering a more secure, user-centric experience for managing digital assets.
How Can Users Unlock Plus Wallet’s Dual Passive Income Stream?
The market is increasingly shifting toward wallets that prioritize security while offering consistent rewards for user activity. Plus Wallet is setting a higher standard by delivering control and financial incentives directly to its users.
Plus Wallet’s Swap to Earn and Refer to Earn programs drive its appeal. With Swap to Earn, users are rewarded each time they trade cryptocurrency within the wallet, turning everyday transactions into profit-boosting opportunities.
Users can earn variable rewards for staying active, making every swap a step toward financial growth. Additionally, the Refer to Earn program allows users to build a passive income stream by referring others. Once referrals begin trading, both the referrer and the new user share in the rewards, creating a mutually beneficial system.
No extra steps are needed to start earning, and there are no limits on how much can be accumulated through swaps or referrals. Whether users are experienced traders or newcomers, Plus Wallet offers a simple and effective way to grow their assets. This blend of features makes Plus Wallet one of the best tools for crypto enthusiasts seeking more control, flexibility, and rewards in 2024 and beyond.
The Best Crypto Wallet for 2024
Bitcoin’s recent price surge and the resulting liquidations serve as a reminder of the crypto market’s unpredictable nature and the potential for substantial gains. At the same time, Zap Africa’s Web3 wallet integration places Nigeria at the forefront of Africa’s fintech movement, giving users more control over their digital assets.
For those looking to take a more active role in managing and growing their crypto, Plus Wallet offers a simple yet powerful solution. Users can easily turn everyday transactions into opportunities for financial growth with Plus Wallet’s Swap to Earn and Refer to Earn programs. It’s a compelling option for those seeking more control over their assets and a reliable way to earn passively.
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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