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
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
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…
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…
PlayStation Announces 13 VR2 Launch Games Plus A VR Update For Gran Turismo 7
As announced in a recent blog post, 13 new games are coming to PlayStation VR2, and they’re all expected to release “within one month of the February 22 launch.” They are as follows: Before Your Eyes Kayak VR: Mirage Pavlov VR Puzzling Places Song in the Smoke: Rekindled Synth Riders: Remastered Edition Thumper NFL Pro…
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…
Ubisoft Confirms Team-Based Arena Combat Game, Project Q, Has Been Canceled
A Ubisoft game known as Project Q leaked early last year before the Assassin’s Creed maker revealed its existence, calling it a team-based battle arena combat game. Insider Gaming reported yesterday that Ubisoft had canceled Project Q and now, Ubisoft has confirmed that this is, in fact, true to Video Games Chronicle. “We can confirm we…
Microsoft Layoffs 10,000 People Amid Ongoing Activision Blizzard Acquisition
Microsoft has laid off 10,000 employees. This news comes from a Bloomberg report detailing that Microsoft’s layoff come as the company attempts to reduce costs amid a larger economic slowdown. These layoffs come amidst Microsoft’s ongoing fight against the FTC to acquire Call of Duty makers Activision Blizzard for a staggering $69 billion. Bloomberg reports that some people at Bethesda…
6 Criteria to Follow When Leasing a Commercial Space
Following these six tips when finding a space for your business can eliminate stress and headache.
Netflix’s Sonic Prime Getting More Episodes Later This Year
Netflix’s Sonic Prime series hit the streaming service back in December, and it seems more episodes are on the way. While it sits at a 60 percent critic score on Rotten Tomatoes, Sonic Prime received an 88 percent audience score, which is pretty great as far as video game TV shows go. Of course, Rotten Tomatoes doesn’t account for…