Bitcoin price graphic Getty Images The crypto bear market is likely to continue if bitcoin confirms its recent breakdown below $20,000, according to Fairlead Strategies.The technical analysis-based research firm said secondary support for bitcoin stands at $13,900.“Short-term momentum has shifted negative per a new daily MACD ‘sell’ signal,” Fairlead said. The crypto bear market is…
Monthly Archives: September 2022
Mohamed El-Erian REUTERS/Shannon Stapleton The UK risks stagflation unless it can push past these hurdles to its economic growth, according to top economist Mohamed El-Erian. Hurdles included the European energy crisis and the government’s flawed response to encouraging growth so far. The global economy is also slowing down, which means the UK’s domestic growth will…
Ukrainian soldier is pictured in a trench near the front line in eastern Ukraine, on July 13, 2022, amid the Russian invasion of Ukraine. MIGUEL MEDINA/AFP via Getty Images Two Americans who were captured by Russia while fighting in Ukraine have been released. A representative for the men’s families said they had been freed as…
Elon Musk next to a school bus Associated Press SpaceX is piloting a program to provide Starlink to school buses in some rural communities. On Tuesday, SpaceX sent a letter to the FCC urging it to approve funding for WiFi on school buses. In August, the FCC denied SpaceX a $866 million subsidy to provide…
Ray Dalio. Eoin Noonan/Web Summit via Getty Images Bridgewater’s Ray Dalio says the US is showing the hallmark signs of a recession. He added that the economic picture could worsen for the next two years. Dalio pointed to drawdowns in cash balances, contracting housing and auto sectors, and rising delinquency rates. Billionaire investor Ray Dalio…
Meta has begun cutting staff and reorganizing teams in an effort to cut costs, according to a new report in The Wall Street Journal. The company apparently doesn’t want to frame the changes as layoffs, but is reportedly “quietly nudging out a significant number of staffers” as it prepares for more significant cuts. It’s not…
We are a ways away from the launch of the OnePlus 11 Pro, expected in Q1 of 2023, but since when does that stop the leak machine? Here’s a hint — it don’t stop it. Thanks to a reliable tipster of 91mobiles, we believe we now know a few of the specs that shall grace…
The teases from Google are ramping up for its incoming hardware line-up. The pixelated tease of a Pixel 7 Pro hands-on session from yesterday was only the beginning, it seems. Today, Google Tweeted out another video with its upcoming Pixel line-up with a shot of a new watch face on the Pixel Watch. Yeah, I…
If you’ve long felt miffed by the Xbox Elite controller’s lack of chameleon-like powers, you’re (sort of) in luck; among other things, September’s newly released Xbox update gives Elite owners the option to imbue its central button with the glowing LED colour of their dreams. Customisation options for the Elite Wireless Controller Series 2’s Xbox…
A month after Dark Souls 3’s Steam servers were finally bought online following more than seven months of downtime, they’re offline again, with publisher Bandai Namco confirming it’s currently “investigating” the issue. The Dark Souls server woes began in January, when Bandai Namco was forced to disable servers for all Dark Souls games following reports…