Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
04/15/2025
No Comments
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
June 17, 2022: -On Thursday, Bitcoin increased following a similar increase in U.S. stocks. Although, investors are still reeling from a dramatic increase over the past few days that saw the world’s most significant cryptocurrency going down below $20,000.
At 3:40 a.m. ET, bitcoin traded at nearly $21,667.90, up almost 3% in the past day, according to data from CoinDesk.
Although, bitcoin is sitting at levels not seen since December 2020. The digital currency was down about 27% in the previous week and has dropped nearly 70% from being the highest in November.
Other cryptocurrencies, which include ether, were also higher in the last 24 hours.
On Wednesday, Bitcoin correlated with stock indexes, particularly the Nasdaq, which increased after the U.S. Federal Reserve increased interest rates by 0.75 percentage points. But there are still several issues weighing on the crypto market.
The sentiment is still stunned after the collapse of the so-called algorithmic stable coin TerraUSD and its sister token luna.
A stable coin is a cryptocurrency that should be pegged to a real-world asset. Many look to be pegged to the U.S. dollar. Some, like tether and USD Coins, are backed by tangible assets such as fiat currencies and government bonds. But numerous algorithmic stablecoins, such as TerraUSD, don’t have reserve support. Instead, the $1 peg is managed by an algorithm.
The existing bear market, usually dubbed a new “crypto winter,” is also testing the strength of other projects.
Another algorithmic stable coin, USDD, also lost its dollar peg earlier this week. Tron DAO Reserve, responsible for maintaining USDD’s $1 peg, holds other cryptocurrencies in their reserve, including the stable coins tether and USDC.
Meanwhile, all eyes are on Celsius, the crypto lending platform that might be facing bankruptcy, sparking suspicions of contagion into the broader market. Celsius lingered withdrawals for clients.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
April 23, 2025: The Canadian government has introduced new legislation to regulate the use of artificial intelligence in education and healthcare, focusing on accountability,
April 17, 2025: Prime Minister Justin Trudeau s government is under growing political pressure over its current immigration strategy.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
April 15, 2025: Multiple wildfires burning across northern and central Alberta have triggered large-scale evacuations.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
