U.S. stock indices fell as weak jobs data spooked investors, despite earnings beats from Apple and Amazon. Summary Dow Jones fell more than 600 points on weak jobs data. Apple stock fell despite strong earnings. Fed may have to lower interest rates to boost hiring. Weak jobs data hit stocks hard, despite improving odds of
Subzero Labs is betting that its newly-funded network Rialo, with its native event triggers and Web2-like reactivity, can reverse developer exodus from crypto. If it works, the Pantera-backed network could rewrite the rules of blockchain usability. Summary Subzero Labs has raised $20M led by Pantera Capital to launch Rialo, a new blockchain aimed at solving
Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart Securities & Commodities Group fell nearly 20% on Friday, according to Google Finance data. Yunfeng Financial Group dropped more than 16% during the trading session, while Guotai Junan International Holdings slid 11% and
Shares of US crypto companies fell sharply on Friday amid a broader sell-off in risk assets, driven by disappointing economic data and renewed tariff threats. Shares of Coinbase (COIN), Riot Platforms (RIOT) and CleanSpark (CLSK) dropped between 7% and 16% in Friday trading. The declines mirrored broader market weakness, with the Dow Jones Industrial Average
August 1 marks the eighth anniversary of a key moment in Bitcoin’s (BTC) history — the initial activation of Segregated Witness (SegWit) in 2017, a key software upgrade that reshaped the network’s future and triggered a hard fork. The move, known as “Bitcoin Independence Day,” reduced miner influence over the protocol and led to the
USDT transfer volume has climbed to $52.9 billion on a 30-day moving average basis, marking a steady recovery in stablecoin velocity since the early 2022 market turbulence. According to Glassnode data, this gradual increase shows consistent growth in market activity and stablecoin adoption across multiple blockchain networks. The sustained volume growth comes as Tether issues
Top cryptocurrencies pushed deeper into the red after a days-long slump Friday, triggering over $900 million dollars in liquidations, as global unrest and a poor U.S. jobs report impacted markets before the weekend. Bitcoin, which nearly eclipsed $120,000 towards the beginning of the week, has fallen to $113,411 at writing, a drop of roughly 5.6%
If you want to own a full bitcoin through dollar-cost averaging (DCA), 2025 may be your last realistic chance. DCA Strategy Faces Diminishing Returns, But Bear Markets Could Be a Blessing for Late Bitcoin Stackers According to a recent analysis from anonymous bitcoin ( BTC) researcher Sminston With, individuals who begin a dollar-cost averaging (DCA)
As traditional carbon markets collide with blockchain, DevvStream makes its first move, allocating treasury funds to Bitcoin and Solana. Meanwhile, the firm’s $300 million credit expansion could fuel a new era of tokenized environmental assets. Summary DevvStream allocates treasury funds to Bitcoin and Solana in a strategic crypto pivot. The firm views Bitcoin as a
Bitcoin briefly plunged to $113,547 on Thursday before recovering slightly, leaving traders reeling and liquidations piling up across the crypto market. Bitcoin tumbled 3.2% today to a daily low of $113,547, before bouncing back to $113,820 by afternoon trading. The drop dragged its market capitalization down to $2.26 trillion, while the leading crypto is now