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Margin Call Nightmare: BTC’s Plunge Below $109,000 Flushes $265M in Longs


Bitcoin plunged to $108,652 on Bitstamp Thursday, wiping out over $265 million in bitcoin long positions in what might be crypto’s most dramatic hangover. Bitcoin Craters Call it the great leveraged purge. Bitcoin’s crash to $108,652 on Bitstamp didn’t just rattle traders—it set off a domino effect...

Gate Launches Layer 2 Network for Web3 Expansion


Gate has launched Gate Layer, a high-performance layer 2 network built on OP Stack, while revamping its GT token economy. The move aims to accelerate large-scale web3 adoption through lower costs, faster transactions, and expanded ecosystem tools. Gate Bets on High-Speed Layer 2 Amid Ecosystem...

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