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Bitcoin dipped into a bear market on Tuesday, just a few weeks after touching a fresh all-time high.

The token traded below $100,000 for the first time since June, good for a decline of 21% from its most recent record high of $126,200 hit on October 6.

It was a month of dashed hopes for the world’s largest cryptocurrency, as dreams of “Uptober” faded with bitcoin suffering its first losing October in seven years.

Tuesday’s sell-off of over 5% coincided with broader weakness in risk assets. Stocks tumbled on valuation concerns following Palantir’s latest earnings and warnings from top bank execs.

However, the trouble for bitcoin has been brewing for weeks, and the market has been dealing with a cocktail of…

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Editor’s note: The Aspen Times will continue to update vote tallies as results are counted.

As of 7:31 p.m. on Election Day, Tuesday, Nov. 4, with 32.35% of the total vote counted, 973 Aspen voters, or 58.54% of the current count, supported Aspen Ballot Issue 2B. Currently, 689 Aspen voters, or 41.46% of the up-to-date count, opposed the question.

Through ballot issue 2B: Debt for Lumberyard Affordable Housing Project, the city of Aspen asked voters if it could go into $70 million in debt to help finance a 277-unit proposed affordable housing project, termed Lumberyard, to be located across Colorado Highway 82 from the Aspen/Pitkin County Airport. 

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The city predicted the Lumberyard affordable housing project would…

Bankrupt auto parts maker First Brands has filed a lawsuit against its former CEO and founder, Patrick James, accusing him of financial fraud that plunged the company into insolvency. The legal action, filed with the U.S. Bankruptcy Court for the Southern District of Texas, claims James misappropriated vast sums for personal gain.

A representative for James countered the claims, describing them as ‘baseless’ and ‘speculative.’ The spokesperson asserted that James did not have the opportunity to respond prior to the filing and intends to vigorously contest the allegations. James, who recently stepped down as CEO, has pledged to support stakeholders during the restructuring process.

Meanwhile, First Brands’ bankruptcy and allegations…

The Bombay High Court has said that directors of a company are still accountable for penalties and criminal proceedings under the Negotiable Instruments Act of 1881 even if their company’s debts have been settled under the Insolvency And Bankruptcy Code, 2016.

This ruling came in the light of a case filed by a person who owns a hospital in Nagpur, Maharashtra. He tool legal action against two directors of a company, who are in charge of the company’s financial and business operations. These directors oversee the the day-to-day activities of the company, including the decision related to financing, borrowings and repayments.

On October 2015, these two directors approached this hospital owner for a short- term loan of Rs 15 lakh…