$700M worth of shorts got liquidated as Bitcoin hits $116,0 | Crypto_Psychic on Binance Square

Trending Articles

Bookmarked and Liked

--

 $700M worth of shorts got liquidated as Bitcoin hits $116,000.
LIQUIDATED ALL THE BEARS!🚀
$BTC 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

110,149.76

+2.35%

85

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Crypto_Psychic

Explore More From Creator

Bitcoin briefly reclaimed the short-term holders’ cost basis near $113.1K — the key line between bullish and bearish momentum. Failing to hold above it after six months of strength signals weakening demand. The past two weeks of rejections below this level increase the risk of further downside ahead. $BTC #KITEBinanceLaunchpool #FOMCMeeting

--

Linea: Ethereum’s Scalable Canvas for Builders and Communities Linea is changing the landscape for Ethereum scaling, building a rollup that’s not just faster and cheaper, but fully EVM compatible and designed for everyday projects and users. Powered by zkEVM technology, Linea allows smart contracts and dApps to run at high velocity, with security anchored on Ethereum’s base layer and costs slashed to open new possibilities for builders. Developers find in Linea a frictionless pathway: no need to rewrite Solidity, refactor major projects, or learn a new set of tooling. Everything from DeFi platforms and NFT galleries to DAO management tools can deploy natively, preserving composability and mainnet integrations. Launching a new protocol, testing a governance model, or running massive batch mint events suddenly becomes affordable and low-latency, even during high-traffic moments. For DAOs and creator collectives, Linea offers real-time speed for voting, treasury management, and reward systems. Whereas gas costs and congestion once bottlenecked community engagement, Linea’s throughput creates a setting where new proposals, peer-to-peer payments, and airdrops actually scale alongside the community’s ambitions. Governance can happen instantly; cross-app coordination puts users at the center. The rollup’s zk architecture also supports privacy-first features: batch voting, confidential onchain transactions, and selective data sharing that goes well beyond mainstream public chains. Projects specializing in identity, loyalty, and privacy tools now leverage Linea to enable secure audits and sophisticated analytics without exposing sensitive detail. Security is never compromised. Transactions anchor to Ethereum’s consensus, and every move is covered by cryptographic proofs baked into the protocol’s design. Regular upgrades, responsive governance, and active documentation make onboarding smooth—even for users and devs coming from outside the Ethereum ecosystem. $LINEA #Linea @Linea.eth

--

Plasma XPL: Real-World Scaling With Security and Flex Plasma XPL is setting a fresh standard in the quest to make blockchain scalable, secure, and versatile enough for real-world use. Unlike earlier approaches that pushed heavy computation onto centralized validators or relied on optimistic rollups with long wait times, Plasma XPL draws from the original Plasma blueprint—prioritizing child chains, cryptographic proofs, and swift, user-controlled exits. The technical magic lies in how Plasma XPL creates dedicated subchains linked to a parent chain, enabling thousands of transactions per second while keeping critical settlement visible and secure. This layered model empowers game studios, DeFi platforms, social apps, and payment rails to process huge volumes—minting NFTs, handling real-time trades, and running community votes—without gas spikes or lag. For developers, Plasma XPL is a modular toolkit. Each subchain or channel can be customized for specific needs, whether it’s privacy and instant payout for a rewards program, batch minting for an NFT drop, or low-fee throughput for micro-payments in a global game. These environments aren’t just fast; they’re upgradable, auditable, and easy to deploy, thanks to a focus on open standards and composable design. Users feel the benefits quickly. Transactions are finalized in seconds, withdrawals are simple and trustless, and fees are a fraction of base layer costs. If any issue emerges—fraud, mistaken transaction, or exploit—users can trigger escape hatches independently, returning assets to safety on the parent chain. This keeps control in the hands of the community, not hidden admin teams or slow-moving governance bodies. Security is at the heart of Plasma XPL’s approach. State commitments, fraud proofs, and periodic checkpoints ensure that malicious activity is caught and contained before scaling up. This means subchains operate with freedom and speed, but always under the watchful eye of the parent chain and its audit mechanisms. $XPL #Plasma @Plasma

--

$MORPHO : Direct Lending, Collective Innovation Morpho is quietly rewriting the rules of DeFi lending—giving users more agency, creators more room to experiment, and DAOs a robust toolkit for strategic treasury and community finance. Unlike traditional pool-based systems where rates are set by broad protocol logics and whales dominate liquidity flows, Morpho uses direct on-chain matching to connect lenders and borrowers swiftly and efficiently. This leads to tighter spreads, instant deals, and the flexibility to adjust terms in response to real market shifts. What makes Morpho exceptional isn’t just the efficiency of its matching—but the creativity unlocked for users. Vaults V2 introduce a dynamic layer where strategists, curators, and risk managers launch custom templates and iterate new financial models publicly. Transparency reigns: proposals are debated openly, failed vaults are learned from, and successful strategies get forked and scaled by communities both big and small. The governance system fuels rapid experimentation, making Morpho more a continual lab than a static protocol. DAOs have found Morpho to be a natural fit, especially for treasury management and group lending structures. With every member able to propose, refine, or change how funds are allocated, there’s a new level of practical participation—from custom payroll systems to insurance pools and experimental venture arms. For everyday users, onboarding is straightforward with guided interfaces, real-time analytics, and accessible documentation. Community forums and live governance calls help demystify the technical side, empowering even newcomers to participate in lending or strategy decisions. Morpho’s open-source ethos further encourages builder creativity and rapid prototyping, inviting a steady flow of new vaults and community hacks. Security never takes a back seat. Open audits, real-time health monitoring, and transparent sentinel reviews are integrated throughout; users know that protocol improvements and bug reports become part of the living design @Morpho Labs 🦋 #Morpho

--

Hemi: Trustless Cross-Chain Composability for Crypto’s Next Era

--

Latest News

U.S. Appeals Court Upholds Federal Reserve's Decision Against Custodia

--

Altcoin Season Index Shows Recovery in Cryptocurrency Market

--

Polymarket TVL Surpasses $245 Million with Significant Growth

--

KapKap Secures $10 Million in Funding Led by Animoca Brands

--

Bitcoin(BTC) Surpasses 111,000 USDT with a 2.90% Increase in 24 Hours

--

Cookie Preferences

Cookie Preferences