FREMONT, Calif., March 6, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions, today announced that its rugged and industrial scanning solutions — including the XtremeScan, DuraSled, and DuraScan Terminal families — are compatible with Apple's newly released iPhone® 17e. Building on the strong adoption of the iPhone 16e in industrial a...
FREMONT, Calif., March 6, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions, today announced that its rugged and industrial scanning solutions — including the XtremeScan, DuraSled, and DuraScan Terminal families — are compatible with Apple's newly released iPhone® 17e. Building on the strong adoption of the iPhone 16e in industrial and commercial environments, the new iPhone 17e introduces enhanced durability and performance, making it well suited for demanding mobile operations. Combined with Socket Mobile's industrial-grade scanning solutions, businesses can deploy powerful and reliable iOS-based data capture systems across industries such as warehousing, logistics, manufacturing, retail, field service, and transportation. Socket Mobile's XtremeScan, DuraSled, and DuraScan Terminal product families extend the capabilities of the iPhone 17e by integrating high-performance 1D/2D barcode scanning into rugged mobile solutions. XtremeScan delivers long-range scanning with extreme protection against water, dust, and drops for the harshest industrial environments. DuraSled and DuraScan Terminal solutions transform the iPhone into durable, handheld scanning tools with protective case designs and integrated data capture capabilities, enabling fast and reliable barcode scanning that fits easily in your pocket. "Apple continues to deliver powerful mobile devices that businesses rely on every day," said Dave Holmes, Chief Business Officer at Socket Mobile. "Our continued alignment with Apple ensures that customers adopting the new iPhone 17e can immediately benefit from the performance, durability, and reliability of Socket Mobile's industrial scanning solutions. With support across our XtremeScan, DuraSled, and DuraScan Terminal families, organizations can confidently deploy iPhone-based data capture solutions built for demanding work environments." Socket Mobile's scanning solutions are fully compatible with a...
Douglas Rissing/iStock via Getty Images The war continues to disrupt the global capital markets. The US dollar ( DXY ) remains firm, though mostly within the ranges seen in recent days. It is threatening to break higher against the Japanese yen, where the JPY158 level is coming under pressure. Still, the yen, despite Japan’s reliance on imported oil and refined products, is the second best-perform...
Douglas Rissing/iStock via Getty Images The war continues to disrupt the global capital markets. The US dollar ( DXY ) remains firm, though mostly within the ranges seen in recent days. It is threatening to break higher against the Japanese yen, where the JPY158 level is coming under pressure. Still, the yen, despite Japan’s reliance on imported oil and refined products, is the second best-performing currency in the G10 this week, off around 0.15%, second only to the Canadian dollar, which continues to shadow the greenback. The Australian dollar is the worst performer, down 1.2%, followed by the oil exporter, the Norwegian krone, which has fallen by about 0.9%. The bond market sell-off continues. Among the G10, the 10-year JGB has risen the least (~nine basis points), while the UK Gilts and Italian BTPs have risen the most (almost 25 bp). Despite the mixed performance in the Asia Pacific region today, equities also have sold off this week. The Nikkei is off 6.6%, and Europe’s Stoxx 600 ( STOXX ) is off nearly 5%. The S&P 500 ( SPX ) comes into today with a little less than a 1% decline this week, and the Nasdaq Composite is up about 0.3%. Prices G10 • The euro trades weakly but, as it has over the past two sessions, remains in Tuesday’s range (~$1.1530-$1.1705). It is trading between about $1.1570 and $1.1620 today, inside yesterday’s range. Options for 1.5 bln euros at $1.16 expire today. In the first instance, we place emphasis on market positioning and momentum, but we also recognize the importance of interest rate differentials. The US two-year premium over Germany narrowed by a couple of basis points this week, and near 135 bp, it is around the lowest in a couple of months. The swaps market is discounting a 75% chance of a hike later this year. • While the threat of intervention by Japan’s minister of finance helped cap the dollar earlier this week near JPY158, the market is not done yet. The dollar was snapped up from the three-day low near JPY156.45 in the lo...
Joby Aviation (JOBY 2.88%) is one of several companies working to build electric vertical-lift short-haul aircraft. It is an interesting concept, since these vehicles amount to air taxis. The recent announcement that Joby is teaming up with Uber Technologies (UBER 1.70%) seems like a perfect combination, given that Uber provides an app that, effectively, allows you to quickly and easily hail a rid...
Joby Aviation (JOBY 2.88%) is one of several companies working to build electric vertical-lift short-haul aircraft. It is an interesting concept, since these vehicles amount to air taxis. The recent announcement that Joby is teaming up with Uber Technologies (UBER 1.70%) seems like a perfect combination, given that Uber provides an app that, effectively, allows you to quickly and easily hail a ride. Is this the future of flight? What does Joby Aviation do? Joby doesn't generate much revenue right now. However, it spends huge sums of money on research and development. That tracks, since it is trying to build a type of aircraft that doesn't really exist right now. There are other companies trying to do the same thing, but they are all basically still working to get their aircraft approved for commercial use. Put simply, Joby is a money-losing start-up still trying to prove that it has a viable technology to offer the world. That said, things are moving forward with regulators, and it increasingly looks like Joby -- and some of its peers -- are on the cusp of carrying their first passengers. It expects to carry customers later in 2026 in Dubai in the United Arab Emirates, with the longer-term goal of gaining approval in the U.S. market. What does Uber do? Uber, by contrast, has a well-established business. It uses an app to connect drivers with passengers, and it disrupted the taxi business. So, it makes complete sense that Uber would want to pair up with a company that operates an air taxi service. And it is logical for a company like Joby to start out by pairing up with Uber, effectively gaining access to its large customer base. Expand NYSE : JOBY Joby Aviation Today's Change ( -2.88 %) $ -0.28 Current Price $ 9.61 Key Data Points Market Cap $9.4B Day's Range $ 9.34 - $ 10.07 52wk Range $ 4.96 - $ 20.95 Volume 18K Avg Vol 25M Gross Margin -3006.27 % This could be a very good combination, but will it upend the aerospace industry as we know it? No, probably not. While...
Tehran Rocked By Heaviest US Bombardment Yet As Iranian Missiles On Israel Slow; Pezeshkian Says Countries Offering Mediation The war has entered its seventh day, but there could be a glimmer of hope for some kind of diplomatic-led offramp as Iranian President Masoud Pezeshkian indicated Friday that several countries have begun mediation efforts to end the war with the United States and Israel , b...
Tehran Rocked By Heaviest US Bombardment Yet As Iranian Missiles On Israel Slow; Pezeshkian Says Countries Offering Mediation The war has entered its seventh day, but there could be a glimmer of hope for some kind of diplomatic-led offramp as Iranian President Masoud Pezeshkian indicated Friday that several countries have begun mediation efforts to end the war with the United States and Israel , but insists negotiations must confront those who started the conflict. "Some countries have begun mediation efforts. Let’s be clear: we are committed to lasting peace in the region, yet we have no hesitation in defending our nation’s dignity and sovereignty," Pezeshkian wrote on X. "Mediation should address those who underestimated the Iranian people and ignited this conflict ," he added. The mood over at the White House seems one of trying to get the unanticipated after-effects and especially the ongoing fierce Iranian retaliation on Gulf targets under control. Tehran overnight and into Friday saw the heaviest bombardment yet of the Iranian capital . CENTCOM image Massive explosions rocked residential neighborhoods and areas near Tehran University, as US and Israeli strikes targeted sites linked to Iran’s military and political leadership, with Al Jazeera's correspondent reporting that the intensity of the bombardment exceeded anything seen earlier in the war . "I can say that compared to previous days, we saw heavier bombardment overnight, at least in the capital," the report said. CNN also now belatedly has a war correspondent on the ground in Iran. Notably, some of the latest strikes hit areas near Pasteur Street, a heavily secured district that houses key government institutions and where Iran's supreme leader and several family members were killed in the opening hours of the conflict. Israel is vowing attacks marked a "new phase" of the war . According to the Israeli military, about 50 fighter jets struck an "underground bunker" in Tehran that had been constructed for ...
Key Points Joby Aviation makes what amount to air taxis. Uber Technologies provides a service that lets customers hail rides. Uber and Joby are partnering to make accessing air taxis as easy as a tap on an app. 10 stocks we like better than Joby Aviation › Joby Aviation (NYSE: JOBY) is one of several companies working to build electric vertical-lift short-haul aircraft. It is an interesting concep...
Key Points Joby Aviation makes what amount to air taxis. Uber Technologies provides a service that lets customers hail rides. Uber and Joby are partnering to make accessing air taxis as easy as a tap on an app. 10 stocks we like better than Joby Aviation › Joby Aviation (NYSE: JOBY) is one of several companies working to build electric vertical-lift short-haul aircraft. It is an interesting concept, since these vehicles amount to air taxis. The recent announcement that Joby is teaming up with Uber Technologies (NYSE: UBER) seems like a perfect combination, given that Uber provides an app that, effectively, allows you to quickly and easily hail a ride. Is this the future of flight? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What does Joby Aviation do? Joby doesn't generate much revenue right now. However, it spends huge sums of money on research and development. That tracks, since it is trying to build a type of aircraft that doesn't really exist right now. There are other companies trying to do the same thing, but they are all basically still working to get their aircraft approved for commercial use. Put simply, Joby is a money-losing start-up still trying to prove that it has a viable technology to offer the world. That said, things are moving forward with regulators, and it increasingly looks like Joby -- and some of its peers -- are on the cusp of carrying their first passengers. It expects to carry customers later in 2026 in Dubai in the United Arab Emirates, with the longer-term goal of gaining approval in the U.S. market. What does Uber do? Uber, by contrast, has a well-established business. It uses an app to connect drivers with passengers, and it disrupted the taxi business. So, it makes complete sense that Uber would want to pair up with a company that operates an air taxi service. A...
The Nasdaq 100 (^NDX) is home to some of the biggest success stories in tech and growth investing. However, certain stocks in the index face challenges like profitability concerns, rising costs, or shifts in market trends. Investing in Nasdaq 100 stocks isn’t just about picking big names - it’s about finding the right ones, and that’s where StockStory comes in. That said, here are two Nasdaq 100 s...
The Nasdaq 100 (^NDX) is home to some of the biggest success stories in tech and growth investing. However, certain stocks in the index face challenges like profitability concerns, rising costs, or shifts in market trends. Investing in Nasdaq 100 stocks isn’t just about picking big names - it’s about finding the right ones, and that’s where StockStory comes in. That said, here are two Nasdaq 100 stocks that have huge potential and one best left off your watchlist. One Stock to Sell: NXP Semiconductors (NXPI) Market Cap: $53.21 billion Spun off from Dutch electronics giant Philips in 2006, NXP Semiconductors (NASDAQ: NXPI) is a designer and manufacturer of chips used in autos, industrial manufacturing, mobile devices, and communications infrastructure. Why Does NXPI Worry Us? Annual sales declines of 3.9% for the past two years show its products and services struggled to connect with the market during this cycle Projected sales growth of 10.6% for the next 12 months suggests sluggish demand At $210.94 per share, NXP Semiconductors trades at 15.5x forward P/E. If you’re considering NXPI for your portfolio, see our FREE research report to learn more. Two Stocks to Buy: Nvidia (NVDA) Market Cap: $4.45 trillion Founded in 1993 by Jensen Huang and two former Sun Microsystems engineers, Nvidia (NASDAQ:NVDA) is a leading fabless designer of chips used in gaming, PCs, data centers, automotive, and a variety of end markets. Why Will NVDA Outperform? Annual revenue growth of 88.3% over the past two years was outstanding, reflecting market share gains this cycle Share buybacks catapulted its annual earnings per share growth to 80.5%, which outperformed its revenue gains over the last five years Robust free cash flow margin of 45.5% gives it many options for capital deployment, and its recently improved profitability means it has even more resources to invest or distribute Nvidia is trading at $182.10 per share, or 22x forward P/E. Is now a good time to buy? See for yourself in ...
The Hong Kong government has ruled out chartering Cathay Pacific Airways flights to bring home residents stranded in the Middle East, given the potential danger of navigating partially reopened airspaces and challenges in securing take-off slots at foreign airports, sources have said. The South China Morning Post learned that officials had also weighed the option of repatriation flights from Oman,...
The Hong Kong government has ruled out chartering Cathay Pacific Airways flights to bring home residents stranded in the Middle East, given the potential danger of navigating partially reopened airspaces and challenges in securing take-off slots at foreign airports, sources have said. The South China Morning Post learned that officials had also weighed the option of repatriation flights from Oman, but the absence of direct Cathay services made the route “impractical” because there was no guarantee of obtaining aviation clearance in a short period of time. As the US-Israel war against Iran stretched into a week, more Hongkongers returned from Dubai on a commercial flight on Friday evening, including the Hong Kong women’s football team with 27 players and a nine-member tour group, after the region’s busiest aviation hub resumed limited operations. Advertisement But at least hundreds more residents remained stranded in Gulf countries, with some calling for government-chartered flights as nation including the United States, the United Kingdom, France and Germany tried to organise repatriations. The Immigration Department said on Thursday that 200 out of 730 people who had contacted the government had left the region, adding authorities had been trying to reserve seats for residents on weekend flights leaving Dubai in the United Arab Emirates (UAE). Advertisement On Friday, two sources said officials had discussed with Cathay, the city’s flag carrier, the possibility of sending planes, as was done in previous emergency operations.
Alexandr Muşuc/iStock via Getty Images U.S. retail sales declined by 0.2% M/M to $733.5B in January, against the 0.4% fall expected, and 0.0% growth seen in December, according to data released by the U.S. Census Bureau on Friday. Year-over-year, the headline number gained 3.2%. Retail trade sales were down 0.2% from the previous month and up 3.0% from the same period last year. Nonstore retailers...
Alexandr Muşuc/iStock via Getty Images U.S. retail sales declined by 0.2% M/M to $733.5B in January, against the 0.4% fall expected, and 0.0% growth seen in December, according to data released by the U.S. Census Bureau on Friday. Year-over-year, the headline number gained 3.2%. Retail trade sales were down 0.2% from the previous month and up 3.0% from the same period last year. Nonstore retailers were up 10.9% from last year, while food service and drinking places were up 3.9% from January 2025. Core retail sales (excluding motor vehicles and parts): 0.0% M/M vs. +0.1% consensus and 0.0% prior. Retail sales, excluding gas and autos: +0.3% M/M vs. +0.1% prior (revised from 0.0%). More on U.S. Economy Stagflation risks emerge as oil reaches more than $82 per barrel Don't expect February's nonfarm payrolls report to repeat January's upside surprise
Investors in Lennar Corporation LEN need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 20, 2026 $55 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest...
Investors in Lennar Corporation LEN need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 20, 2026 $55 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Lennar shares, but what is the fundamental picture for the company? Currently, Lennar is a Zacks Rank #5 (Strong Sell) in the Building Products - Home Builders industry that ranks in the Bottom 4% of our Zacks Industry Rank. Over the last 60 days, the Zacks Consensus Estimate for the current quarter has moved from $1.05 per share to 96 cents in that period. Given the way analysts feel about Lennar right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lennar Corporation (LEN) : Fre...
Sunwoo Jung/DigitalVision via Getty Images PAR Technology Overview When a stock falls by around 70% in a year, the first assumption is that there's probably something fundamentally wrong with the business behind it. That's not the case with PAR Technology Corporation ( PAR ), but its stock has really suffered, especially over the last 6 months. The company closed FY25 with $455.5 million in revenu...
Sunwoo Jung/DigitalVision via Getty Images PAR Technology Overview When a stock falls by around 70% in a year, the first assumption is that there's probably something fundamentally wrong with the business behind it. That's not the case with PAR Technology Corporation ( PAR ), but its stock has really suffered, especially over the last 6 months. The company closed FY25 with $455.5 million in revenue and $315 million in annual recurring revenue (ARR) while generating $23 million in adjusted EBITDA for the year. If you look at the figures from Q4, the company delivered a record $17 million in incremental ARR, and its subscription revenue was still expanding, so clearly, the business is still scaling well. I believe that the major catalyst for the stock's downturn over the last few months is that the market doesn't quite trust the cadence of the company's growth. For one, it is still a loss-making operation on a GAAP basis, operating cash flow was negative at the end of FY25, and management has told us to expect mid-teens ARR growth for the coming fiscal year. That's a downgrade from the low-20s growth I expected last year, and that combination of factors is what is keeping the stock in a valuation penalty box. You can find more details about what I thought the business needed to get right at the time in my previous article . From my perspective, the core engine is still intact, but the burden of proof has now shifted to how the company executes its enterprise rollouts from here. The upside case is fairly straightforward, and I think that if PAR can demonstrate a clean progression with its ARR growth and operating cash flow while growing its margins, then today's multiple will prove to be too pessimistic. The Numbers In Review: FY25 I've laid out some of the most important numbers from PAR's FY25 results below. $315.4M ARR exiting FY25 +15.7% YoY ARR growth $17M incremental ARR in Q4 Engagement Cloud ARR +18.7% Operator Cloud ARR +11.8% $455.5M FY25 revenue $76M Q4 subs...
Dilok Klaisataporn/iStock via Getty Images U.S. nonfarm payrolls dropped by 92K in February, compared with the +60K consensus and a sharp reversal from the 126K jobs added in January (revised from +130K), according to data released by the Bureau of Labor Statistics on Friday. Health care jobs, which have been a major driver of jobs growth in recent months, declined, reflecting strike activity. Mea...
Dilok Klaisataporn/iStock via Getty Images U.S. nonfarm payrolls dropped by 92K in February, compared with the +60K consensus and a sharp reversal from the 126K jobs added in January (revised from +130K), according to data released by the Bureau of Labor Statistics on Friday. Health care jobs, which have been a major driver of jobs growth in recent months, declined, reflecting strike activity. Meanwhile, employment in information and the federal government continued their downward trend. The unemployment rate edged up to 4.4% from 4.3% in January and was in line with the 4.4% consensus. Labor force participation at 62.0% ticked down from 66.1% in January and compared with 62.5% in February 2025. Developing… Check back for updates. More on Jobs & Employment Nonfarm productivity rises more than expected in Q4, labor costs jump past consensus Job cuts announced in February drop 55% from January: Challenger Report U.S. private sector adds 63K jobs in February, more than expected: ADP jobs report
An updated edition of the January 13, 2026, article. The health and fitness industry has grown from a niche segment into a powerful global movement, driven by a broad shift toward healthier lifestyles. Consumers are no longer content with occasional exercise — they increasingly seek balanced nutrition, structured workout routines and well-rounded wellness solutions. Demand is rising across gyms, d...
An updated edition of the January 13, 2026, article. The health and fitness industry has grown from a niche segment into a powerful global movement, driven by a broad shift toward healthier lifestyles. Consumers are no longer content with occasional exercise — they increasingly seek balanced nutrition, structured workout routines and well-rounded wellness solutions. Demand is rising across gyms, dietary supplements and personalized programs, while technological advances have made managing personal health easier and more engaging. Wearable devices, fitness platforms and virtual coaching services now provide real-time insights, tailored guidance and ongoing motivation. At the same time, greater awareness of obesity, chronic illnesses and mental health has strengthened the emphasis on preventive, everyday wellness. Major technology companies are helping accelerate this transformation. Apple AAPL, through its Apple Watch ecosystem and Fitness+ platform, integrates activity tracking with guided workout experiences. Amazon AMZN is expanding its presence in healthcare via One Medical, combining AI-powered tools with virtual care services to enhance accessibility and convenience. Together, these innovations are reshaping how individuals approach wellness, blending fitness, healthcare and daily life while driving industry growth. Market forecasts highlight the scale of this opportunity. The global health and wellness market is expected to reach $11 trillion by 2034 at a steady 5.4% CAGR from 2025. Preventive healthcare initiatives, workplace wellness programs and supportive policy measures continue to boost demand. Meanwhile, specialized offerings — such as boutique fitness studios and premium wellness clubs — reflect a broader, more holistic focus on physical, nutritional and mental well-being. This evolving landscape is creating fresh growth opportunities for companies like Garmin Ltd. GRMN, Herbalife Ltd. HLF and American Well Corporation AMWL. For investors, the takeaway...
Best Buy (BBY) reported a surprise sales slump in its key holiday shopping season. Same-store sales declined 0.8% in the fourth quarter, the company said Tuesday. Wall Street had hoped for a 0.2% increase after two straight quarters of positive growth. "We continue to see customers who are resilient, but they are definitely deal-focused," Best Buy CEO Corie Barry told Yahoo Finance in a call with ...
Best Buy (BBY) reported a surprise sales slump in its key holiday shopping season. Same-store sales declined 0.8% in the fourth quarter, the company said Tuesday. Wall Street had hoped for a 0.2% increase after two straight quarters of positive growth. "We continue to see customers who are resilient, but they are definitely deal-focused," Best Buy CEO Corie Barry told Yahoo Finance in a call with reporters. Best Buy expects first quarter same-store sales to return to growth, rising 1%. Barry said more than 50% of its customers make more than $100,000 per year. Revenue for the fourth quarter totaled $13.81 billion, less than the $13.88 billion Wall Street had expected, per Bloomberg consensus data. Adjusted earnings per share came in higher at $2.61, more than the $2.46 the Street predicted. Best Buy stock is down more than 30% in the past year, but popped up more than 8% in early trading. For the full year, revenue came in at $41.69 billion, just below the $41.76 billion Wall Street predicted. Adjusted earnings per share came in at $6.43, $0.12 above Wall Street's estimates for $6.31. For the year, same-store sales grew 0.5%, less than the 0.9% increase Wall Street was looking for. For 2027, the company expects revenue to come in the range of $41.2 billion to $42.1 billion, alongside same-store sales that are expected to fall in a range between a 1% decline and 1% rise for the year. Adjusted earnings per share are expected to be in a range of $6.30-$6.60. This year, Best Buy is also watching the rise in memory costs as heightened demand impacts supply. Barry said it's "something our industry has faced in different peaks and valleys relatively often through the past 25 years." She added that the team is pulling in inventory, trying to provide its manufacturers with longer forecast horizons, working to find the right price points for consumers, and educating them on what's available. The team expects strength in computing and mobile phones to continue into 2026, after...
Chris Kline , COO & Co-Founder at BitcoinIRA , expects the crypto market to remain “choppy” through tax season, with heightened volatility possible this summer amid shifting macro conditions and the midterm cycle. Kim emphasized that if Bitcoin consolidates in a narrow range for weeks, it could signal building momentum and advised market participants to focus on historical support levels. “The ver...
Chris Kline , COO & Co-Founder at BitcoinIRA , expects the crypto market to remain “choppy” through tax season, with heightened volatility possible this summer amid shifting macro conditions and the midterm cycle. Kim emphasized that if Bitcoin consolidates in a narrow range for weeks, it could signal building momentum and advised market participants to focus on historical support levels. “The very modest and slight uptick in sentiment is notable, but we're still in extreme fear territory,” Kim remarked. “That's usually when long-term entries start making sense." Joshua Kim, CEO and Founder of decentralized crowdfunding platform DonaFi, meanwhile, urged market investors not to get “fixated” on bottoms and tops. Trending: Build your own AI-powered index in minutes — and earn an uncapped 1% match when you move your portfolio to Public. Learn how it works. “I see this taking down to a cycle low between $40,000-$55,000. This is consistent with my predictions from 2024 when the latest cycle began,” they projected. Terpin anticipated one last “sharp move down,” caused by an “external shock” such as a major fund or exchange going bankrupt. “Historically, it takes a full year to reach ‘capitulation,’ the point where all of the short-term holders have given up and sold, often at a steep loss,” Terpin stated. “When that occurs, there are only long-term holders left, so the price cannot drop any lower. That’s when the new bull market begins.” For context, Bitcoin peaked at $126,000 on Oct. 7 but has since crashed more than 42%. The apex cryptocurrency came perilously close to sinking below $60,000 early last month. Michael Terpin , CEO of Transform Ventures and author of the book "Bitcoin Supercycle," told Benzinga the market is “knee-dip” into “Bitcoin Fall” after the bubble popped in early October. Bitcoin staged a strong relief rally on Wednesday, but the big question on every investor’s mind remains: Is this the bottom for the world’s leading cryptocurrency? Benzinga and Y...