News
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1Bitget Daily Digest(October 11)|Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks
Flash
- 13:58Tether CEO: USDT Remained Stable During Crypto Market Flash CrashChainCatcher News, Tether CEO Paolo Ardoino stated on X that USDT remained stable during the crypto market flash crash. He said: "USDT is the best collateral for derivatives and margin trading, with good liquidity and market validation. If you use low-liquidity tokens, some bananas, a horse, three olives, and a chewed piece of bubble gum as collateral, then be prepared when the market becomes volatile."
- 13:52Native liquidity market Lithos on Plasma will postpone its TGE date.Foresight News reports that Lithos, the native liquidity market on Plasma, has announced a postponement of its TGE date due to recent market volatility. The new TGE date will be announced later this week. Deposit users can still earn Genesis points, and the initial veLITH allocation for deposit TGE has been increased by 30%.
- 13:52Two addresses opened 20x leveraged long positions on ETH and SOL, with a total value of approximately $19.66 million.Foresight News reported, according to monitoring by @ai_9684xtpa, the address starting with 0x728 deposited 3.3 million USDC as margin three hours ago and opened 20x leveraged long positions on both ETH and SOL, with a total value of 19.66 million USD. The opening price for ETH was $3,829.34, and for SOL it was $180.97.