The Turbulent Yet Hopeful Outlook for Cryptocurrencies
Cryptocurrencies have endured a battering over the past year, with values plummeting, high profile collapses like FTX, and intensifying regulatory scrutiny. Yet recent data reveals glimmers of resilience. Hong Kong is braving risks to become a crypto hub, obscure coins like Aptos and Chiliz have posted triple digit returns, and even embattled Bitcoin notched respectable 2023 gains. While caution remains warranted, these green shoots suggest crypto’s underlying potential still blossoms for those willing to...