
Marketplace All-in-One When a cloud service that powers much of the internet goes down
Oct 20, 2025
A significant outage of Amazon Web Services disrupts popular platforms like Facebook, Snapchat, and Fortnite, highlighting the fragility of digital services. The discussion shifts to the intriguing rise of altcoins and the potential future of altcoin ETFs as they await SEC approval. Meanwhile, China's leadership outlines economic strategies amid growth slowdowns and tariff challenges. Amidst all this, the sale of Gucci's beauty line to L'Oreal for $4.7 billion adds a glamorous twist to the economic landscape.
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Cloud Outage Reveals Systemic Risk
- A major AWS outage can cascade across many consumer and enterprise services simultaneously.
- Large parts of the internet rely on a single cloud provider's regional data centers, creating systemic risk.
Trader Loses Big But Expects ETF Rally
- Glauber Contesoto described losing hundreds of thousands trading Dogecoin as an example of crypto volatility.
- He expects Dogecoin ETFs could trigger another price pump despite recent flash crashes.
ETFs Bridge Crypto To Mainstream Investors
- Bitcoin ETFs attracted enormous inflows and made crypto accessible via normal brokerages.
- Similar altcoin ETFs could broaden retail access and push altcoins toward mainstream investing.
