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Analysts can’t decide whether worst for Crypto is over

Published

2 years ago

on

December 5, 2022

By

Ahron Young

The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this year.

With the carnage spreading to publicly traded companies with exposure to digital assets, analysts are asking when the worst will be over.

From Coinbase to Square-owner Block, and top bitcoin miners Hive – shares have all plummeted over the past month.

But is the worst almost over?

Crypto is notorious for big plunges and then epic comebacks.

But there’s a mixed view on just how “long-term” this downturn will be.

Could crypto prices stage a rebound in 2023?

Some crypto bulls say yes… but warn that investors need to have more reasonable expectations.

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Ahron Young

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Leaders

Trump will plead not guilty to revised 2020 election criminal charges

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Published

2 days ago

on

September 5, 2024

By

ticker NEWS

Former U.S. President Donald Trump will plead not guilty to fresh criminal charges in a revised indictment accusing him of attempting to overturn the 2020 election.

In a court filing, Trump waived his right to appear in court, authorising his lawyers to enter the plea on his behalf.

This revised indictment, brought by Special Counsel Jack Smith, maintains the original four charges, including obstructing Congress and defrauding the United States. #featured #trending

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3 days ago

on

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By

ticker NEWS

Vice President Kamala Harris is set to propose a significant tax deduction for new small businesses.

Under the plan, startups could claim up to $50,000 in tax deductions, providing crucial financial relief during the critical early years of operation.

This initiative aligns with efforts to stimulate economic growth and job creation across the country, particularly in sectors hard-hit by the pandemic. #featured #trending

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Fed Reserve close in on Sep rate cut amid cooling inflation

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Published

4 days ago

on

September 3, 2024

By

ticker NEWS

The Federal Reserve is anticipated to announce a rate cut in September following signs of cooling inflation.

Economic indicators suggest a slowdown in price increases, providing room for the Fed to adjust policy rates. #featured #trending

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