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Bitcoin shorts create $1.4B liquidation risk: Is a price squeeze to $80K next?

Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000. Will spot market demand be the trigger?

California is one step closer to America’s first billionaire wealth tax — and the divide between red and blue state taxes is getting deeper

This year is shaping up to be a milestone moment for state income taxes after last year’s massive changes to federal income taxes.

Higher inflation is on the way. The Fed needs to make this clear before it raises rates.

Fed’s communication should help investors manage risk — including the possibility that rates may rise.

It’s China’s duty-free retail mecca and a tropical oasis, to boot. For Beijing that’s no longer enough.

The island province of Hainan has new marching orders.

Ether triple top strikes at $2.4K as ETH analysts doubt bullish trend change

Ether charts flash an ominous triple-top pattern as ETH fails to overcome $2,400. Will bears maintain control over the altcoin’s price action?

Israeli regulators approve shekel-pegged stablecoin

The approval of the BILS stablecoin issued by Israeli exchange Bits of Gold came after a two-year pilot program on the Solana blockchain.

Arm’s stock snaps a seven-day winning streak as it loses some of its AI glow

Arm shares led Nadsaq 100 decliners on Monday, reflecting more general pressure on AI names and specific concerns about whether Arm will play a role in a potential Qualcomm-OpenAI chip.

Canada advances bill to ban crypto political donations

Lawmakers look to push election reform that would block crypto campaign donations, even as Canada expands oversight of stablecoins and digital asset markets.

Bitcoin whale holdings hit five-month high: Is BTC headed to $80K next?

Bitcoin accumulation by whales and institutional investors is reducing the available supply of BTC and potentially setting the stage for a rally above $80,000.

Bed Bath & Beyond is seeing new life, as rare sales growth lifts stock more than 30%

Management highlights the “first quarter of significant revenue growth in 19 quarters.” But the stock is still well below its meme-stock-era highs.

Qualcomm’s stock gains as an AI opportunity emerges

The company is reportedly developing chips for OpenAI.

Tennessee crypto kiosk ban set to go into effect July 1

Crypto ATM operators and businesses hosting the machines have until July 1 to be in compliance with the new law or risk potential fines and prison time.

Another former bull throws in the towel on Adobe’s stock. Here’s the software stock he now favors.

Mizuho analyst Gregg Moskowitz downgrade shares of Adobe to neutral from outperform and upgraded shares of CrowdStrike to outperform from neutral on Monday.

Verizon’s stock rises as the company posts surprise subscriber growth under new CEO

The company has made progress in acquiring customers at a lower cost, without “expensive promotions and free phones.”

Trump calls for Jimmy Kimmel to be fired over Melania comments. It’s the latest clash over late-night TV.

The Trump administration has previously taken issue with what it deems to be a politicization of late-night TV.

There’s a pizza price war going on, and Domino’s is feeling the pain

Domino’s will lean into “pizza innovation” as one way to engage customers who are getting more selective with their spending.

Price predictions 4/27: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

Bitcoin fails to top $80,000 as analysts debate whether BTC has truly changed its trend or remains in the grasp of the bears.

BitMine acquires 101,000 ETH despite $6.5B in unrealized losses

The crypto treasury company continues to buy Ether and earn staking rewards, even as price swings leave billions in unrealized losses on its balance sheet.

EU sanctions target Russian crypto exchanges, stablecoins and CBDC

The European Commission made its move in response to Russia's increasing reliance on crypto transactions to circumvent sanctions amid the country's war on Ukraine.

Bitcoin price slips under $77K as bulls battle for new 'macro-bullish shift'

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9wYXlsb2FkLmNvaW50ZWxlZ3JhcGguY29tL2FwaS9hcnRpY2xlLWNvdmVycy9maWxlL2J1bGwyMi5qcGc/cHJlZml4PW1lZGlhJTJGYXJ0aWNsZS1jb3ZlcnM=.jpg" alt="Bitcoin price slips under $77K as bulls battle for new 'macro-bullish shift'" class="type:primaryImage"></p><p>Bitcoin bulls struggled to maintain gains as the bull market support band became a key reclaim level to flip the BTC price trend.</p>