Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%

August 27, 2024 Leave a Comment

Bitcoin’s price fell to $58,900 while other major cryptocurrencies fell more than 4% late Wednesday.

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author:

‘He’s one of the few politicians who likes crypto’: my day with the UK tech bros hosting Nigel Farage October 25, 2025
The Reform UK leader is courting the crypto community in the hope it could become a campaign funding baseIt is a grey morning in Shadwell, east London. But inside the old shell of Tobacco Dock, the gloom gives way to pulsating neon lights, flashy cars and cryptocurrency chatter.Evangelists for Web3, a vision for the next […]
Surge in UK savings lost to investment scams, with fake crypto thought to top the list October 23, 2025
Banking industry data shows £629m was stolen in six months from fraud that included gold, wine and property The amount of money lost to investment scams by UK consumers has leapt 55% in a year as cryptocurrency fraudsters intensify their efforts to cheat people out of their savings, data shows.Official UK banking industry data shows […]
Trump pardons founder of Binance, world’s largest crypto exchange October 23, 2025
Changpeng Zhao pleaded guilty to failing to stop money laundering in 2023 and was sentenced to four monthsDonald Trump issued a pardon for the founder of the world’s largest cryptocurrency exchange on Thursday.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden administration in their war […]
Melania Trump’s meme coin architects accused of pump-and-dump fraud in lawsuit October 23, 2025
First lady not named in suit in which investors allege Meteora executives created coin they knew would plummetThe designers of a cryptocurrency launched by the US first lady, Melania Trump, in January were accused in court filings on Tuesday of orchestrating a pump-and-dump scheme.The $MELANIA coins were released for just a few cents each on […]
Donors for Trump’s $300m White House ballroom include Google, Apple and Palantir October 23, 2025
Work under way to demolish entire East Wing as president upped cost of new structure from $200m to $300mThe White House has revealed that major companies in the tech, defense and crypto industries are helping Donald Trump fund his $300m ballroom at the White House, where work is under way to demolish the entire East […]

Leave a Reply Cancel reply

Y2K Kids Were the Last to Really Rage With No One Watching October 25, 2025
The angst of nu metal is being discovered by Gen Z, but with digital eyes always looming, the ephemeral catharsis of collectively going mad is a thing of the past.
With Halo: Campaign Evolved, Microsoft Brings Prized Xbox Game to PlayStation October 24, 2025
As part of a strategic shift away from exclusivity, Microsoft is bringing Halo to Sony’s competing console for the first time.
Celebrities Fight Sora + Amazon’s Secret Automation Plans + ChatGPT Gets a Browser October 24, 2025
“Now we are just seeing OpenAI do the full Facebook when it comes to content policy.”
After Teen Suicide, Character.AI Lawsuit Raises Questions Over Free Speech Protections October 24, 2025
A mother in Florida filed a lawsuit against an A.I. start-up, alleging its product led to her son’s death. The company’s defense raises a thorny legal question.
Meta Layoffs Included Employees Who Monitored Risks to User Privacy October 23, 2025
While the company announced job cuts in artificial intelligence, it also expanded plans to replace privacy and risk auditors with more automated systems.
Ford’s Profit Jumps on Strong Sales but Company Lowers its Outlook October 23, 2025
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.
Trump Pardons Changpeng Zhao, 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.

Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a Reply Cancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories