Crypto Analyst Michal van de Poppe predicts that the second half of 2023 won't be kind to crypto markets.
What Happened: The analyst tweeted that the markets remain in a recessionary period. He anticipates that the second half of the year won't be great but in between there we'll be having some more relief.
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Definitely, the markets are still into a recession to occur.
Probably second half of the year won’t be great, but in between there we’ll be having some more relief.#Bitcoin could run towards $35K and #altcoins could blast even further for a 3-5x return.
Time it accordingly. Michal van de Poppe (@CryptoMichNL) January 24, 2023
According to the analyst, there's a good likelihood of Bitcoin BTC/USD soaring toward $35,000, while altcoins may experience price increases of three to five times.Time it accordingly, he said.
In another tweet, Poppe said that the current correction should come to an end in the coming days with a slow grind upward followed by one last sweep.
Some slow grind upwards and then one more sweep in the coming days and the correction should be over and we’ll continue the party.
Seems about right. Michal van de Poppe (@CryptoMichNL) January 25, 2023
Poppe, on Tuesday, said Bitcoin has failed to break through the crucial resistance level of $23,100. As a result, it is likely to test and sweep through the support level of $22,300 before any potential continuation of its upwards trend.
Price Action: Bitcoin was trading at $22,741, down 1.57% in the last 24 hours, according to Benzinga Pro data.
Read Next: Bitcoin, Ethereum, Dogecoin Slide: Analyst Says Apex Crypto In For 'Very Interesting' Rally Or Short-Term Pullback
The Met Gala always produces the most memorable red carpet looks of the year.
Following this year’s theme, Sleeping Beauties: Reawakening Fashion, and a Garden Of Time dress code, the stars pulled out all the botanical stops with their outfits, with floral and garden-inspired fashion unsurprisingly dominating.
The term “inauguration” may feel slightly misleading. After all, this is not his first time.
Today’s ceremony will be the fifth occasion Vladimir Putin has been sworn in as Russia’s president, and it marks the start of another six years at the top.
He is already the Kremlin’s longest-serving leader since Joseph Stalin, having been in power for nearly two and a half decades – 20 years as president, four as prime minister.
By the end of this term, only Catherine the Great will be ahead of him – she ruled Russia way back in the 18th century.
So, to some, President Putin may feel more like Permanent Putin.
There is a whole generation here that hasn’t lived under anyone else.
The ceremony itself will be a lavish affair, inside the glittering Grand Kremlin Palace, Russia’s “new” leader will swear an oath of loyalty to the people in front of thousands of guests.
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Former Hollywood action hero (and now Russian citizen) Steven Seagal and Germany’s ex-chancellor Gerhard Schroder were among the celebrities and VIPs last time around in 2018.
A lot has changed since then, though. It will be fascinating to see who accepts their invitation.
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Putin 5.0 is no surprise, of course. His victory in March’s election was a given.
The only question was his level of support. Officially, he won 87% of the vote, which was widely condemned by Western governments as being neither free nor fair.
The latest polling, however, points to a similar figure. According to the independent Levada Centre, Putin’s current approval ratings are 85%, not far off his all-time-high.
In part, that is down to a “rally behind the flag effect”, says Levada head Denis Volkov, which Putin has been tapping into since his full-scale invasion of Ukraine.
But there are other factors too – namely, silencing of the opposition.
“If not Putin, then who?” is a common response, Denis says, when Levada conducts its polls.
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Boeing has called off its first-ever astronaut launch at the final moment after discovering a valve problem in the Atlas V rocket.
The two NASA test pilots had just strapped into Boeing‘s Starliner capsule at Cape Canaveral space station for a flight to the International Space Station on Monday night (US EST) when the countdown stopped – two hours before the planned lift-off.
It was the latest delay for Boeing’s first crew flight, on hold for years because of capsule trouble.
The Atlas V rocket is manufactured by the United Launch Alliance, which includes Boeing and Lockheed Martin.
United Launch Alliance’s chief executive Tory Bruno said the most recent delay may have been caused by an oxygen pressure-relief valve on the upper stage of the rocket that started fluttering open and closed, creating a loud buzz.
The valve may have exceeded its 200,000 lifetime cycles which means it will have to be replaced, pushing the launch into next week, Mr Bruno said.
In an update, NASA said the launch will take place no earlier than Friday.
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Mr Bruno said similar valve issues had occurred in previous years on other Atlas rockets launching satellites and these were resolved by turning the valves off and back on.
But the company has stricter flight rules for astronaut flights, prohibiting valve recycling when a crew is on board.
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“And so we stayed with the rules and the procedures, and scrubbed as a result,” Mr Bruno said at a news conference.
It meant the two-member crew of NASA astronauts Barry “Butch” Wilmore, 61, and Sunita “Suni” Williams, 58, had to be removed from the capsule by technicians, before they were whisked away from the launch complex to await a second flight attempt when the issue is resolved.
NASA’s commercial crew programme manager Steve Stich added: “We’re taking it one step at a time, and we’re going to launch when we’re ready and fly when it’s safe to do so.”
Starliner’s first test flight without a crew failed to reach the space station in 2019 and Boeing had to repeat the flight. The company then encountered parachute issues and flammable tape.
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NASA hired Boeing and SpaceX a decade ago to ferry astronauts to and from the space station after the shuttle programme ended, paying the private companies billions of dollars.
Atlas V has been in operation for more than 20 years after it was designed by Lockheed Martin.