Bitcoin Leverage Clean-Up Stabilizes Markets, Tether Reaches 500 Million Users

Recent Bitcoin leverage reductions have stabilized the market structure, signaling a shift from aggressive risk-taking to more cautious trading strategies. Coinglass data shows a significant decline in open interest by roughly 30% over the past week, suggesting a cleansing of high-leverage positions and reduced volatility. This move has contributed to a healthier foundation for future market phases. Tether’s user base surpassed 500 million, highlighting its growing impact across financial inclusion, particularly in regions with inflation challenges. The company is leveraging real-world stories through their documentary showcasing how USDT facilitates savings, payments, and cross-border transfers, providing crucial stability to users. Polymarket’s recent integration of BNB deposits and withdrawals marks a significant step towards increased accessibility and ease of use across various blockchain networks. This expansion enhances liquidity, improves capital efficiency, and allows for seamless transactions between different ecosystems.