Bitget exchange’s native BGB token plunged from $1.15 to $0.5344 on Oct.7 before partially recovering, causing concern among traders. The sudden volatility lasted about ten minutes, prompting Bitget to announce a compensation plan for affected users. At approximately 02:58 UTC, the token’s value dropped by 56% in just five minutes. Shortly after, BGB rebounded to The post BitGet suggests ‘sluggish market,’ Asian holidays caused BGB 56% drop, promises compensation for loses appeared first on CryptoSlate.

Melania Trump plans to expand her Web3 and NFT initiatives to support foster children if she returns to the White House, continuing her engagement with blockchain technology and digital assets. In a recent interview with Fox News, the former First Lady discussed her intentions to continue and enhance her “Be Best” initiative, which focuses on The post Melania Trump to focus on NFTs to help children on return to White House appeared first on CryptoSlate.

The post-COVID US labor market is finally experiencing a nuanced shift, reflecting a blend of resilience and gradual normalization after the unprecedented disruptions of the pandemic. By weaving together the latest data on job quits, wage growth, unemployment, job openings, and inflation, we can create a comprehensive picture highlighting opportunities and challenges for everyday people. The post Bitcoin’s performance as US labor market normalizes after pandemic disruption appeared first on CryptoSlate.

The 2024 US presidential election race remains highly competitive on prediction markets, with odds tightening recently on Polymarket, the leading blockchain-based prediction platform. As of press time, the “Presidential Election Winner 2024” market on Polymarket shows an extremely close contest between the frontrunners. Donald Trump and Kamala Harris are currently in a dead heat, with The post US election Polymarket odds close to tightest since mid-September amid new 2020 election challenge appeared first on CryptoSlate.

Four years on from the start of the COVID-induced global financial crisis, the global economy stands at a pivotal moment, characterized by moderate inflation and low unemployment yet overshadowed by uneven growth and escalating debt in advanced economies. Recent data from the G20 nations paint a complex picture of economic health, raising questions about the The post Bitcoin advances timeline to replace fiat as the global reserve currency appeared first on CryptoSlate.