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Reading: $21.77B in Bitcoin Shorts Set to Liquidate if BTC Hits $70.5K
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Kriptoteka > Crypto News > $21.77B in Bitcoin Shorts Set to Liquidate if BTC Hits $70.5K
Crypto News

$21.77B in Bitcoin Shorts Set to Liquidate if BTC Hits $70.5K

marcel.mihalic@gmail.com
Last updated: September 19, 2024 6:59 pm
By marcel.mihalic@gmail.com 4 Min Read
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Dalmas, an experienced crypto journalist, offers a distinct viewpoint on the industry. His focus on NFTs, blockchain, DeFi, and blockchain news for NewsBTC, alongside his background in mechanical engineering and more than ten years in journalism, has enabled him to produce over 10,000 news and feature articles in the last eight years. His wide array of topics, spanning technology, Forex, and finance, showcases his thorough understanding of the crypto landscape.

His technical knowledge and analytical abilities have been acknowledged by prominent news organizations such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authoritative websites. Notably, he reported significant developments, such as the Ripple and MoneyGram partnership, establishing him as a prominent voice in the crypto space.
The news made waves. Over 100,000 individuals engaged with this carefully crafted report, ranging from seasoned investors to inquisitive newcomers. His analysis was more than mere statistics; it buzzed with insight, unpacking the ramifications of the partnership and its potential effects on the future of finance.

His profound grasp of financial markets, technological progress, and blockchain innovations has made him a respected authority in the sector.

Dalmas is also the founder of BTC-Pulse, a cryptocurrency news outlet, which highlights his dedication to the field. He strongly believes that DeFi and NFTs are here to stay, driving ongoing financial inclusion.

Hailing from Nairobi, Kenya, it’s clear where his inspiration stems from: Across Africa, millions are without access to conventional banking. Remote communities, insufficient documentation, and high minimum balances pose formidable challenges.

DeFi, encompassing not just Maker or Aave but also Bitcoin and USDT, eliminates the middleman. Say goodbye to banks with their restrictions.
However, DeFi isn’t a panacea. The continent still faces issues with reliable internet access, and educational initiatives underscoring the advantages of this promising solution are lacking. Additionally, for those interested, grasping DeFi can seem like learning a foreign language.

Dalmas aims to simplify the technology, making it accessible and understandable for newcomers.
The DeFi narrative in Africa is still unfolding. Numerous challenges exist, but the vision of a more inclusive financial future serves as a powerful incentive. With innovation and collaboration, Dalmas is confident that DeFi could be the key to unlocking Africa’s complete economic potential.
This prospect and its tremendous value drive Dalmas to continue reporting on essential DeFi innovations and more across the world. His engineering background enhances his ability to provide well-conceived articles that merge technical knowledge with clear, impactful journalism.

Outside of his professional accomplishments, Dalmas holds a deep passion for technology and politics. Policy impacts adoption, and staying informed about their evolution is vital for the sector’s growth.

When he’s not closely watching the latest developments in crypto, Dalmas enjoys spending time in nature, exploring scenic landscapes, and traveling with family and friends. His love for adventure and exploration beautifully complements his investigative and reporting talents.
You can connect with Dalmas on X: @Dalmas_Ngetich, or reach him on Telegram @Dalmas_Ngetich.

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