Technology

Bitcoin’s recovery will depend on a lot of macro-activities affecting the market, says Dan Ashmore
Cryptocurrency

Bitcoin’s recovery will depend on a lot of macro-activities affecting the market, says Dan Ashmore

Coinjournal’s Dan Ashmore says numerous factors, including inflation and rate hikes, have affected the prices of most cryptocurrencies. He told CNBC that Bitcoin’s recovery would depend on numerous macro events affecting the market. Bitcoin and the broader crypto market have lost more than 65% of their value since the all-time high of November 2021. Bitcoin’s…

Bitcoin hits 5-month high as bulls push BTC above $23K
Cryptocurrency

Bitcoin hits 5-month high as bulls push BTC above $23K

Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date gains. BTC price is up 30% in a month and has recovered 47% since the decline to $15,500 lows. Short liquidations were around $376 million in the past 24 hours. Bitcoin price roared to highs above $23,000 on Saturday morning, rising…

Marvel’s Avengers Development Ending
Gaming

Marvel’s Avengers Development Ending

The team at Crystal Dynamics has announced the end of development for its live-service Marvel’s Avengers game. The news comes two and a half years after the game’s fall 2020 launch. In that time, the Marvel’s Avengers development team released 12 playable heroes (including the PlayStation-exclusive Spider-Man), a full expansion set in Wakanda, multiple character-focused…

Cryptocurrency

JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’

JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just “hyped-up fraud.” Dimon says people have lost billions of dollars and believes regulators should have put a stop to crypto “a long time ago.” Not…

Halo Infinite Creative Director Joseph Staten Departs From 343 Industries To Rejoin Xbox Publishing
Gaming

Halo Infinite Creative Director Joseph Staten Departs From 343 Industries To Rejoin Xbox Publishing

Microsoft laid off 10,000 employees across various departments yesterday, including its HoloLens and engineering sectors as well as at gaming companies in its portfolio like Bethesda Game Studios and 343 Industries.  The company hasn’t revealed exact numbers and specific departments regarding the layoffs yet, but some employees at Bethesda Game Studios, which is hard at work…

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