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Why did Bitcoin and altcoins go down?

Bitcoin erased gains made a day earlier, rebounding to $104,000, while the market capitalization of all tokens plunged 1.7% to $3.37 trillion.  At last check on Thursday, Bitcoin (BTC) traded at around $101,000; the Ethereum (ETH) price, meanwhile, dropped by 3.8% in the previous 24 hours to about $3,330. Summary A crypto crash happened on…

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Solana joins blockchain rivals to fix cross-network payments

Solana is entering a strategic détente with other major layer-1 networks, aiming to replace the current patchwork of payment channels with a coherent, cross-chain framework for institutions. Summary Solana has joined Polygon, TON, Sui, Monad, and Fireblocks to launch the Blockchain Payments Consortium. The group aims to create unified technical and compliance standards for blockchain-based…

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