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The great crypto deleverage: 3AC, Celsius who’s next? crypto contagion | Crypto News Today

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The great crypto deleverage: 3AC, Celsius who’s next? crypto contagion | Crypto News Today

Bitcoin is struggling to keep the 20k price as support whilst crypto entities that many thought too big to fail–including Celsius Network, Three Arrows Capital (3AC) and Terra LUNA–have all spectacularly fallen from grace in the past months. Is the worst over? Some experts think that the crypto deleveraging process is not over yet. But that has not stopped FTX, Michael Saylor and Nayib Bukulele from scooping up some deals in the meantime. What is a fish to do? With further crypto contagion anticipated, making sure that your funds are off exchanges and in a non-custodial wallet like Exodus seems like a sensible move, at least till the coast is clearer.

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The great crypto deleverage: 3AC, Celsius who’s next? crypto contagion | Crypto News Today with Kris Merkel

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5 Comments

  1. Being relatively new to crypto I'm thankful to Exodus for keeping us safe. couple of questions if you have time;

    Is staking in Exodus safe or speculative as I don't know where my tokens are staked?
    If Solana are successful with proposed new phone would I be able to run my exodus wallet on the phone?

    Thanks as always Exodus team

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