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Bitcoin’s nearly nine-month decline has even HODLers shivering.Despite the severity of the decline to date, some of the most reliable technical indicators remain clearly short, particularly the Exponential Moving Average (EMA), Weighted Moving Average (WMA), MACD, and Directional Moving Index (DMI).History is a stark reminder of how deep the crypto winter can be. Before the current cycle, the five worst drawdowns in Bitcoin history were far more brutal. Four of them exceeded 80%. If a similar capitulation were to occur today, a retracement of that magnitude would pull the digital asset back towards the $22,000 area.Stock chart iconStock chart iconBitcoin…

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April 23, 2026: A journalist photographs the Xiaomi SU7 Ultra car during the Xiaomi Track Day driving experience in Tianjin, northern China, ahead of the Beijing Motor Show, which opens on April 24. (Photo: GREG BAKER/AFP, Getty Images)Greg Baker AFP | Getty ImagesThe Chinese electric car maker’s Hong Kong-listed shares soared on Thursday after June delivery data boosted investor sentiment. BYD Earned a profit of about 9%, xiaomi It’s up about 5%.Xiaomi reported deliveries exceeding 30,000 for the third consecutive month in June. According to Citi, the company shipped a total of more than 180,000 units from January to June,…

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Five wins left. How can your team reach the finals and win the 2026 World Cup? Click here to find out.Who: Spain vs AustriaContent: 2026 FIFA World Cup – Round 32Location: Los Angeles Stadium, Los Angeles, USADate and time: Thursday, July 2nd, noon (19:00 GMT)How to follow: Get everything ready on Al Jazeera Sports from 16:00 GMT before the live text commentary stream.Recommended stories list of 3 itemsend of listAfter entering the World Cup as one of the favorites to win, Spain had a relatively modest start to the tournament.There was a shocking 0-0 draw against Cape Verde, but then…

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Federal Reserve Chairman Kevin Warsh speaks at the ECB Forum in Sintra, Portugal on July 1, 2026. CNBCFederal Reserve Chairman Kevin Warsh said inflation is a “choice.” The same applies to how inflation is measured.Central banks have their own favorite indicators, courtesy of the Commerce Department, but public databases are replete with other indicators of how best to view price pressures. Many of them will be taking a hard look Wednesday as the Warsh Fed lays out plans on Wednesday for a “new direction” for how it will operate and, specifically, what data will trigger how it conducts monetary policy.”My…

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OpenAI CEO Sam Altman (left) and US President Donald Trump attend a working lunch on innovation and AI with G7 leaders, G7 outreach partners, and global technology CEOs during the G7 Summit in Evian-les-Bains, France on June 17, 2026. Anna Moneymaker | Getty ImagesOpenAI is proposing to transfer a 5% stake in the company to the U.S. government as the artificial intelligence startup seeks to ease growing political pressure in Washington, the Financial Times reported on Thursday. The 5% holding is worth about $42.6 billion after AI Labs closed a record funding round in March at a post-money valuation of…

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E. Jean Carroll arrives at Manhattan Federal Court in New York on January 26, 2024, as the defamation lawsuit against Donald Trump continues in New York City.Spencer Pratt | Getty ImagesAuthor E. Jean Carroll is seeking the immediate release of about $5.8 million in civil jury verdicts that held President Donald Trump accountable for sexual abuse and defamation, her lawyers said in a new court filing.But Trump wants to delay it so he can potentially ask the Supreme Court to reconsider its refusal to hear the appeal Monday, according to filings in U.S. District Court in Manhattan. Such requests are…

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AI

Indian serial entrepreneur Babin Turakia is making a $30 million personal bet that there is still room for another enterprise AI company. His new venture, Neo, is built on a simple premise. Workplace software designed before the AI ​​era cannot simply be upgraded with chatbots and will need to be redesigned from the ground up. Mr. Turakia, 46, is no stranger to ambitious bets on enterprise technology. Over the past 20 years, he has co-founded companies such as Directi, Radix, Titan and banking software company Zeta, and backed them primarily with his own money before bringing in outside investors. Neo…

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Amazon is focused on building chips for “critical” consumer devices, a top hardware executive at the company told CNBC.In a wide-ranging interview on CNBC’s “The Tech Download” podcast, Panos Panay, Amazon’s head of devices and services, spoke for the first time about the company’s approach to semiconductors in its hardware and how it is experimenting with different types of AI-enabled gadgets.”We manufacture end-to-end silicon for the devices we ship in-house,” Panay said.He said Amazon’s custom silicon is in devices like the Echo Show 8, Echo Show 11 and Fire TV.In October, Amazon announced its AZ3 and AZ3 Pro chips, which…

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Nuestra Covertura in Spanish caracas — A week has passed since deadly twin earthquakes struck Venezuela, but the official death toll remains shockingly low for both Venezuelans and outside observers. Venezuelan authorities said Wednesday that at least 2,295 people have died from the earthquake, an increase of about 300 from the previous day’s update. A forensic pathologist, who requested anonymity for fear of retaliation, told CNN he believed the government’s death toll was a gross undercount, “less than a third of the actual death toll.” The pathologist said her temporary morgue in the earthquake-ravaged port city of La Guaira processes…

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