Web Stories Tuesday, October 14
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Friday’s record $19 billion crypto market liquidation event has left traders divided, with some accusing market makers of a coordinated sell-off while analysts pointed to a more natural deleveraging cycle.Friday’s flash crash saw open interest for perpetual futures on decentralized exchanges (DEXs) fall from $26 billion to below $14 billion, according to DefiLlama.Crypto lending protocol fees surged past $20 million on Friday, the highest daily total on record, while weekly DEX volumes climbed to more…

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Crypto analysts speculate that the massive weekend leverage flushout, which wiped billions of dollars from the crypto markets, may have just paved the path for “altseason 3.0.”“Every major expansion in crypto has included sharp 30% to 60% resets along the way,” observed analyst and researcher “Bull Theory” on Monday.March 2020…

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Where there’s smoke, there’s fireworks, folks. After months of speculation, the newly single Scorpio singer Katy Perry and policy-pushing Capricorn prime minister Justin Trudeau have allegedly taken their relationship to a new level, or nautical depth, as it were. The problematic, high-on-spite scorpion and the headstrong horned sea-goat were photographed…

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