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(Bloomberg) -- Apple Inc. has a secret team working on satellites and related wireless technology, striving to find new ways to beam data such as internet connectivity directly to its devices, according to people familiar with the work.The Cupertino, California-based iPhone maker has about a dozen engineers from the aerospace, satellite and antenna design industries working on the project with the goal of deploying their results within five years, said the people, who asked not to be identified discussing internal company efforts. Work on the project is still early and could be abandoned, the people said, and a clear direction and use for satellites hasn’t been finalized. Still, Apple Chief Executive Officer Tim Cook has shown interest in the project, indicating it’s a company priority.Apple’s work on communications satellites and next-generation wireless technology means the aim is likely to beam data to a user’s device, potentially mitigating the dependence on wireless...
Bitcoin has shown initial signs of a bull market reversal following a six-month downtrend that has seen the world's largest cryptocurrency decline from $14,000 to as low as $6,400. Consistent lower highs coupled with dwindling volume and open interest has culminated in bearish phases across all major cryptocurrencies, with several coins losing more than 60% in value. Bitcoin flirted with the possibility of a major breakdown in price at the start of the week, with the $6,400 level of support being tested before a ferocious rally back towards the $7,150 region. The most important hurdle for Bitcoin to clear is the 22 exponential moving average (EMA) on the daily chart. This EMA has been halting price action since November 11,The post Bitcoin edges towards major bull market reversal appeared first on Coin Rivet....
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The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side......
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GBP/USD edged higher after a test of important support but the pair is not showing any signs that an important bottom is in place....