Analysts can’t decide whether worst for Crypto is over

Published

1 year ago

December 5, 2022

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.

Why the meme-stock frenzy is unlikely to repeat

Published

3 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

4 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending