Bitcoin traders have opened significant short positions totaling 5,379 BTC (around $343 million), expecting resistance near $66,000. This bearish sentiment aligns with the upcoming CPI report, making the next 24 hours critical for Bitcoin's price direction. While selling pressure has eased, Bitcoin hasn't reached extreme lows seen in past bear markets, suggesting the shorts might be a strategic bet. If the CPI data is softer than expected, Bitcoin could break above $66,000, triggering a squeeze and potentially one of the largest bear traps of the cycle.
Two directors of Equitable Holdings sold shares recently, with Bertram L. Scott selling 2,780 shares and Craig C. MacKay selling 2,000 shares. Meanwhile, institutional investors showed mixed activity: Engineers Gate Manager LP drastically cut its hol...
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Priority Technology Holdings is being taken private in a $1.6 billion deal led by its Chairman and CEO, Thomas Priore. The acquisition price is $8.05 per share, matching the analyst price target set by Lake Street, which downgraded the stock to 'Hold...
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
