Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

August 2, 2024 Leave a Comment

Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.

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Trump pardons founder of Binance, world’s largest crypto exchange October 23, 2025
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Trump Pardons Founder of the Crypto Exchange Binance October 23, 2025
Changpeng Zhao, the richest man in crypto, had admitted to money-laundering violations that allowed terrorists and other criminals to move money on Binance.
Tesla’s Profit Falls 37% After It Cut Car Prices October 22, 2025
The company sold more cars but made less money on each one because of discounts and low-interest loans.
Reddit Accuses ‘Data Scraper’ Companies of Theft October 22, 2025
In a lawsuit, Reddit pulled back the curtain on an ecosystem of start-ups that scrape Google’s search results and resell the information to data-hungry A.I. companies.
G.M. Previews Talking Cars, Cheaper Batteries and Other New Tech October 22, 2025
Drivers will be able to converse with an artificial intelligence assistant while cars largely drive themselves in certain situations, the company said.
Meta Cuts 600 Jobs at A.I. Superintelligence Labs October 22, 2025
The layoffs do not affect Meta’s newest A.I. hires, who are in some cases being paid up to hundreds of millions of dollars. The cuts were focused on correcting an earlier hiring spree.
Does Your Electric Bill Keep Going Up? We Want to See It. October 22, 2025
Utility rates are rising in many places across the country, and we’re continuing to report on the causes and impacts.
Google’s Quantum Computer Makes a Big Technical Leap October 22, 2025
Designed to accelerate advances in medicine and other fields, the tech giant’s quantum algorithm runs 13,000 times as fast as software written for a traditional supercomputer.
How to Scan, Edit and Sign PDF Files on Your Phone or Tablet October 22, 2025
Free software on your phone or tablet lets you scan, create, edit, annotate and even sign digitized documents on the go.
How Chile Embodies A.I.’s No-Win Politics October 22, 2025
Political debates have flared across Chile over artificial intelligence. Should the nation pour billions into A.I. and risk public backlash, or risk being left behind?
OpenAI Unveils Atlas Web Browser Built to Work Closely With ChatGPT October 21, 2025
The new browser, called Atlas, is designed to work closely with OpenAI products like ChatGPT.
G.M. Raises Profit Forecast on Strong Demand and Lower Tariff Costs October 21, 2025
The automaker’s shares jumped as investors focused on an upgraded forecast for some financial measures, as well as a lower-than-expected bill for tariffs this year.
Amazon Plans to Replace More Than Half a Million Jobs With Robots October 21, 2025
Internal documents show the company that changed how people shop has a far-reaching plan to automate 75 percent of its operations.
The Robots Fueling Amazon’s Automation October 21, 2025
Meet Sparrow, Cardinal and Proteus. They’re the robots that, step by step, are replacing human workers in the company’s warehouses.
Amazon’s AWS Disruption Creates Outages for Hundreds of Websites for Hours October 21, 2025
Amazon Web Services, a major provider of cloud services, cited a problem at its data center in Northern Virginia. The outage highlighted the fragility of global internet infrastructure.
With SpaceX Behind Schedule, NASA Will Seek More Moon Lander Ideas October 21, 2025
Blue Origin, owned by Jeff Bezos, and Lockheed Martin are among the contractors that may compete with Elon Musk’s company in the race back to the lunar surface.
AI Data Centers Create Fury From Mexico to Ireland October 20, 2025
As tech companies build data centers worldwide to advance artificial intelligence, vulnerable communities have been hit by blackouts and water shortages.
An Army of Robot Telescopes in Texas Makes the Stars Feel Closer Than Ever October 20, 2025
Starfront Observatories allows amateur astronomers to rent a spot for their telescopes and photograph the cosmos over a high-speed data connection.
The Culture Wars Came for Wikipedia. Jimmy Wales Is Staying the Course. October 20, 2025
Attacks on the site are piling up. Its co-founder says trust the process.
Vision Restored Using Prosthetic Retinal Implant October 20, 2025
The device could help a million people with a severe form of macular degeneration to be able to see enough to read.
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While some art institutions are eagerly engaging artificial intelligence, others are less enthusiastic.

Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

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