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Philanthropist George Soros backs an African startup fund
biztoc120d ago

Philanthropist George Soros backs an African startup fund

A fund by a US venture capital firm backed by the philanthropist George Soros raised $20 million for African startups.Delta40, which operates out of Kenya and Nigeria, has already invested in 16 early-stage African companies since it launched in 2024. The company plans to invest up to half a...

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Samsung Galaxy Buds 4 Pro Leak: Game-Changing Features Revealed!
geeky_gadgets120d ago

Samsung Galaxy Buds 4 Pro Leak: Game-Changing Features Revealed!

Samsung may have unintentionally revealed its upcoming wireless earbuds, the Galaxy Buds 4 and Galaxy Buds 4 Pro, through its Lockstar app within the Goodlock customization suite. This unexpected leak provides an early glimpse into the next generation of Samsung’s audio devices, which promise advancements in design, sound quality, and durability. The official launch is [...]The post Samsung Galaxy Buds 4 Pro Leak: Game-Changing Features Revealed! appeared first on Geeky Gadgets.

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South African video game allows players to conduct heists on Western museums
biztoc120d ago

South African video game allows players to conduct heists on Western museums

A new video game allows players to reclaim artifacts from Western museums that colonialists plundered from Africa.Relooted, created by South African gaming studio Nyamakop, is different from many heist games: The stakes are not defined by money or physical danger, but by the ever-changing...

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Steak 'n Shake Ditches Microwaves
biztoc120d ago

Steak 'n Shake Ditches Microwaves

Steak 'n Shake is breaking up with the microwave, USA Today reports. The burger-and-shake chain says every location will ditch the device by April 15 as part of a push to make its food taste better and be cooked using "traditional methods" only, per a social media announcement posted Thursday....

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US senator says Ugandan army chief’s tweets ‘crossed a red line’
biztoc120d ago

US senator says Ugandan army chief’s tweets ‘crossed a red line’

Tensions between Washington and Kampala spiked after a series of inflammatory posts by Uganda’s army chief targeting the US embassy.Jim Risch, the Republican chair of the Senate Foreign Relations Committee, warned that Muhoozi Kainerugaba, who is also the Ugandan president’s son, “crossed a red...

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Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?
newsbtc120d ago

Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?

As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon. Related Reading: LayerZero (ZRO) Soars 40% Amid Zero Blockchain Debut, Major Institutional Backing Ethereum Weekly Close On Sight On Thursday, Ethereum dropped 1.4% to retest a key area for the second consecutive day. After hitting a 10-month low of $1,747, the King of Altcoins bounced more than 15% to trade between $2,000 and $2,150 over the past few days. However, the second-largest cryptocurrency by market cap failed to hold the crucial $2,000 horizontal barrier on Wednesday and tested the $1,900 mark for the first time in a week. After attempting to reclaim the key psychological level in the early hours of Thursday, Ethereum was rejected toward the recent lows, briefly falling below it. Analyst Ted Pillows highlighted the importance of ETH’s current zone, as it has previously triggered major moves. To him, if the altcoin fails to reclaim the $2,000 area in the coming days, a full retrace toward the recent lows should be expected soon. Similarly, market observer Crypto Busy noted that the cryptocurrency is currently trading above a major long-term support. According to the post, the recent correction has sent Ethereum toward a three-year rising support line, which “will decide the next big move.” The analyst warned that “If the trendline breaks with strong weekly closes below $1,900, the structure weakens.” Therefore, ETH must hold its current levels in the coming days to avoid a weekly close below this level. Otherwise, its price could drop “into the next liquidity pockets around $1,600 and possibly $1,300, where the next historical support zones exist.” Is ETH’s ‘Real’ Bull Market Two Years Away? Trader AlejandroXBT shared a potential macro-outlook for Ethereum that suggests the cryptocurrency could still see another major shakeout: My thesis is that the major bullish move that began around 2019–2020 has transitioned into a large and prolonged macro correction, and that Ethereum has been consolidating within this broader corrective structure ever since. He outlined four phases for the macro structure: the pump, the correction, the shakeout, and the moon. The initial phase, which occurred between 2019 and 2021, marked “the true impulsive bullish move,” with strong trend expansion and increasing momentum. According to the market observer, the strong rally that followed the 2022 bear market appears to be a “counter-trend move within a broader corrective range” rather than a renewed bull market and the start of a new long-term cycle. As he explained, ETH’s range-bound behavior signals distribution and consolidation instead of continuation. “From this perspective, the apparent bull market that developed within the correction can be interpreted as a dead cat bounce, a technically strong bounce occurring inside a larger corrective structure,” he affirmed. Related Reading: XRP Positioned For Major Structure Shift As Price Tests Critical Level Therefore, the current macro structure would suggest that a final shakeout phase could “still be required to fully reset sentiment and liquidity before Ethereum can transition into a new impulsive bullish cycle.” Based on this, the trader anticipated a final liquidity-driven move to the downside in the coming months, followed by “the moon” phase, potentially next year, when “the structure suggests the conditions for a true long-term bullish continuation, with price discovery and expansion well beyond previous highs.” Featured Image from Unsplash.com, Chart from TradingView.com

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Canstar Resources (CVE:ROX) Shares Up 21.4% – Should You Buy?
watchlistnews120d ago

Canstar Resources (CVE:ROX) Shares Up 21.4% – Should You Buy?

Canstar Resources Inc. (CVE:ROX – Get Free Report)’s share price shot up 21.4% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 199,987 shares were traded during trading, an increase of 152% from the average session volume of 79,207 shares. The stock had previously closed at [...]

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Africa accelerates electric vehicles growth through regulation
sundayworld120d ago

Africa accelerates electric vehicles growth through regulation

From South Africa’s industrial incentives to Kenya’s green number plates, a number of African governments are moving beyond pilot projects to implement comprehensive electric vehicle policies. Electric vehicle policies in several African countries are moving from pilots into formal frameworks aimed not only at fast-tracking adoption, but at positioning the continent as an industrial participant [...]The post Africa accelerates electric vehicles growth through regulation appeared first on Sunday World.

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BTL’s Acquisition of Speednet Paused by Government
sanpedrosun120d ago

BTL’s Acquisition of Speednet Paused by Government

During the first sitting of the House of Representatives for the year on Thursday, February 6th, Prime Minister Honourable John Briceño announced that the proposed acquisition of Speednet/SMART by Belize Telemedia Limited (BTL) has been paused. He said that before negotiations continue, the Public Utilities Commission (PUC) must be involved.

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