Latest news with #Nachi
Yahoo
24-07-2025
- Business
- Yahoo
Trader Who Called Bitcoin, Ethereum, Solana Bottom In April Now Warns Local Top Likely In August
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A pseudonymous trader that accurately predicted the local bottom on major cryptocurrencies in April is now warning that August may see a local top for the crypto market. On July 18, Nachi revisited his April call, emphasizing that the ideal time to go aggressive was then, not now. He warns that the market is in a late bullish stage, and traders should be cautious with leverage going Ticker Current Price Price As Of April 22 Bitcoin (CRYPTO: BTC) $117,917.54 $90,721 Ethereum (CRYPTO: ETH) $3,783.80 $1,693 Solana (CRYPTO: SOL) $195.49 $144 Sui (CRYPTO: SUI) $3.99 $2.46 Hyperliquid (CRYPTO: HYPE) $46.11 $18.83 Don't Miss: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Now Raising at $3/Share Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. What's Next: Nachi's original thesis pointed to April–August 2025 as the most bullish window for crypto, fuelled by easing rates, cooling inflation, and improving sentiment. However, he now believes the top could form in August, especially if no new bullish catalysts emerge. He cautioned: "The market tops when liquidity and bullish news top out, and that could happen by the end of summer." Nachi also observed that "Dino coins" (old altcoins) pumping hard is a classic sign of frothy market behaviour, a typical signal that things may be peaking. Still, he continues to hold most of his long positions and expects consolidation or pullback before another leg higher. For Bitcoin to hit $150,000 by August, he said, "something really wild needs to happen." Nachi had added that if Trump intensifies tariffs or macro conditions shift unexpectedly, that could delay or extend the top. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Trader Who Called Bitcoin, Ethereum, Solana Bottom In April Now Warns Local Top Likely In August originally appeared on Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
Beloved Restaurant, The Ground Round, Thriving After Going Bankrupt 20 Years Ago
It's always sad when a favorite restaurant closes its doors after years in operation, but sometimes, those sad stories have happy endings. The restaurant business is a volatile one, and it's more common than not to see establishments, even ones that have been around for decades, close down. Sometimes, restaurants are forced to close because of the economy or competition, and other times, it's just because that business or brand has run its course. But, there's something to be said for nostalgia. Now, a popular restaurant chain that went bankrupt 20 years ago is thriving once again. It's quite a turnaround and shows what a little creativity can do. The Ground Round was a popular American restaurant chain founded back in 1969. It was huge in the 1980s but had some trouble decades later, so the Ground Round filed for Chapter 11 bankruptcy in 2004. So, for years, the Ground Round only lived in the hearts and minds of those who remembered it. Now, however, a Massachusetts couple is bringing that beloved brand back. That couple, Joseph and Nachi Shea, have reopened a Ground Round location in Shrewsbury, Massachusetts. They regularly post on the restaurant's Facebook page with updates about its menu and hours. Joseph and Nachi purchased the branding rights to the Ground Round last year. Now, the restaurant is opening and welcoming customers. Joseph tells Marketplace, "We're just a husband-and-wife team. We don't have investors or deep pockets, we're bootstrapping this." 'People have brought in different menus," Nachi added. "They've brought in even employee manuals from the old one. We had a lady bring in her old suspenders from when she used to work at the original Ground Round here in town." So, will the couple expand past their one location and make the Ground Round a national brand again? They tell Marketplace that they aren't sure if they'll expand, but in the case that "selling nostalgia" works for their first location, it could Restaurant, The Ground Round, Thriving After Going Bankrupt 20 Years Ago first appeared on Men's Journal on Jun 3, 2025
