📰 What you need to know this Monday, November 25

💰 ⁠Elon Musk reaches a record net worth of $348 billion.

He has increased by one billion dollars a day over the past fifteen days and nearly $120 billion since the beginning of 2024.

📉 ⁠Wrapped Bitcoin suddenly dropped to $5,000 on the Binance exchange.

WBTC started Saturday trading at normal levels of $98,000 before plummeting due to an electronic error that affected the trading system.

🏦 ⁠The Reserve Bank of India expands its cross-border payment platform.

According to the Atlantic Council, 134 countries are currently exploring CBDCs at different stages, including all G20 countries.

💀 ⁠Crypto liquidations reached $470 million during the Bitcoin pullback and altcoins rise.

Dogecoin, XRP, Stellar, and Sandbox saw a higher liquidation share than usual, as some altcoins from the 2020-2021 cycle surged by up to 50%.

⚠️ In the last 24 hours, 179,516 traders were liquidated, and the total liquidations reached $486.70 million.

The largest individual liquidation order occurred on Binance - BTCUSDT worth $13.24M

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