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“Crypto Winter” Is Here. Bitcoin Crash Signals Tough Times, Say Experts

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“Crypto Winter” Is Here. Bitcoin Crash Signals Tough Times, Say Experts

For investors, there is nothing scarier than a bear market – unless you are involved in crypto, in which case winter is worse.

The creepy term refers to a sharp decline, followed by a drop in trading volume and months of market downturn — a phenomenon that happened in the cryptocurrency market in 2018 unforgettable. Bitcoin’s price ranged from late 2017 to December, a period marked by a boom and bust in initial coin offerings, and several major banks shelved plans to open cryptocurrency trading desks. Bitcoin will not reach new highs until December 2020, according to data compiled by Bloomberg.
Memories of 2018 have sparked fears that it is now repeating itself after the world’s largest cryptocurrency plunged 50% from its most recent high of nearly $69,000 in November. The cryptocurrency world has lost more than $1 trillion in market value amid growing belief that the Federal Reserve will begin to scale back the ultra-easy policy environment that fueled the boom in risk assets. The pullback has touched every corner of the crypto ecosystem, from bitcoin to memecoins and publicly listed crypto exchanges. UBS said that while the crash itself was disturbing enough, it raised bigger concerns that the pain could linger for months.

“The closest analogy to how we can describe this is probably 2018, which is the idea of ​​a crypto winter,” UBS head of foreign exchange research James Malcolm said by phone. The period that will be extended, so the analogy of crypto winter is very good. Remember that the crypto winter of 2018 was not just the winter months in the northern hemisphere. It basically extended for a whole year – so it is a valid lasting one year cryptocurrency winter.”

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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