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Getting the VIC-20 To Speak Again
hackaday64d ago

Getting the VIC-20 To Speak Again

The Commodore Amiga was famous for its characteristic Say voice, with its robotic enunciation being somewhat emblematic of the 16-bit era. The Commodore VIC-20 had no such capability out of the box, ...read more

#TECH
Bitcoin Crash Exposes Colossal Corporate Losses — Here’s Who’s Most Impacted
newsbtc64d ago

Bitcoin Crash Exposes Colossal Corporate Losses — Here’s Who’s Most Impacted

The latest downturn in Bitcoin (BTC) has begun to weigh heavily on publicly listed companies that built their balance sheets around the market’s leading cryptocurrency. On Thursday, Bitcoin hovered near the $65,000 level, continuing the sharp decline that began last October. This has impacted equity markets, causing the shares of crypto-exposed firms to decline significantly. Bitcoin Slide Pressures Digital Asset Treasury Firms According to a Reuters report, the renewed volatility in digital assets is dragging down the stock prices of companies that hold Bitcoin and other tokens, raising concerns that the stress could spread more broadly across the sector. The number of publicly traded firms investing in cryptocurrencies surged last year, as many executives bet that digital assets would continue to appreciate over the long-term. Related Reading: Bitcoin Crashes Below $67,000 As Stifel Warns Of Potential Drop To $38,000 However, the backdrop has shifted. Investor anxiety over stretched valuations in artificial intelligence (AI) stocks, combined with uncertainty surrounding the future path of Federal Reserve (Fed) interest rate cuts, has weighed on risk assets more broadly. As a result, Bitcoin has slid to its lowest level since October 2024, putting pressure on companies whose business models rely on holding digital assets. Many of these digital asset treasury firms saw their shares wobble sharply on Thursday. Seven Major Companies Suffer Strategy (previously MicroStrategy), the largest corporate BTC holder with over 700,000 coins, has been among the hardest hit. Its shares have fallen from around $457 in July to as low as $106 on Thursday. In December, the company cut its 2025 earnings outlook, pointing to weakness in Bitcoin prices, and announced plans to establish a reserve to help support dividend payments. The firm led by Michael Saylor said it now expects its full‐year results to range anywhere from a $6.3 billion profit to a $5.5 billion loss, a sharp downgrade from its earlier forecast of a $24 billion net profit. Related Reading: Ripple Throws Weight Behind Hyperliquid, Fueling HYPE’s Rally Toward Crucial Levels Other Bitcoin‐focused firms also felt the impact. Shares of the UK‐based Smarter Web Company fell nearly 18% on Thursday. Rival Bitcoin buyers Nakamoto Inc and Japan’s Metaplanet were also under pressure, dropping almost 9% and more than 7%, respectively. However, the sell-off pressure has not been limited to companies holding only BTC. On Thursday, crypto-related firms that stockpiled other digital tokens also traded lower amid the correction affecting broader digital asset prices. Alt5 Sigma, which announced last year that it would accumulate the Trump family’s World Liberty Financial (WLFI) token, saw its shares drop 8.4%. Similarly, SharpLink Gaming, which holds Ethereum (ETH), declined about 8%, while Forward Industries, a holder of Solana (SOL), slid nearly 6%. Featured image from OpenArt, chart from TradingView.com

#TECH
How China’s Crypto Seizures Are Quietly Powering Its Digital Asset Reserves
smallwarsjournal64d ago

How China’s Crypto Seizures Are Quietly Powering Its Digital Asset Reserves

China’s increasing growth of its strategic digital asset reserves via law enforcement seizures is enabling it to yield more direct influence over the global digital asset ecosystem beyond just mining and holding cryptocurrencies. Despite an existing ban on cryptocurrency activities, China maintains its status as the world’s largest crypto miner, while in parallel, Chinese citizens comprise a significant portion of ... Read moreThe post How China’s Crypto Seizures Are Quietly Powering Its Digital Asset Reserves appeared first on Small Wars Journal by Arizona State University.

#ECONOMY
afghanistansun64d ago

Afghanistan food prices soar despite falling dollar, straining import-dependent economy

Kabul [Afghanistan], February 6 (ANI): Afghanistan's import-dependent economy is facing renewed strain as prices of basic food items continue to rise despite a sustained fall in the US dollar, according to Tolo News.Although the dollar has weakened in domestic markets over the past nearly seven months and is currently trading at around 65 afghanis per dollar, essentials such as flour, rice, and cooking oil have

#ECONOMY
Bitcoin value plunges below $70,000, lowest since Trump's win
dialoguepakistan64d ago

Bitcoin value plunges below $70,000, lowest since Trump's win

Overall, the cryptocurrency market globally has reduced in value by $2 trillion from an all-time peak of $4.379 trillion in early October, with $800 billion of the loss occurring in the last month alone, according to CoinGecko.

#CRYPTO#STOCKS
West Bengal VOA: Yuba-Sathi debuts, social schemes get fund boost in poll year
toi64d ago

West Bengal VOA: Yuba-Sathi debuts, social schemes get fund boost in poll year

West Bengal's vote-on-account budget introduced the 'Banglar Yuba-Sathi' scheme, offering Rs 1,500 monthly to unemployed youth aged 21-40. The budget also enhanced payouts for Lakshmir Bhandar, increased honorariums for ASHA and anganwadi workers, and provided a 4% DA hike for state employees.

#COMMODITIES