Bitcoin May Face Further Decline Before Establishing a Long-Term Bottom
Despite a recent rebound above $80,000, Bitcoin’s historical price patterns suggest it could drop further before completing its current bear market cycle.
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Crypto & Fintech
Markets & Macro
Major Roadwork Set to Improve Maple Avenue Between Ranchero Road and Main Street
Maple Avenue will undergo extensive rehabilitation starting May 18, aiming to enhance traffic flow and safety on a vital three-mile stretch in Hesperia through late 2026.
Trade & Tariffs
US Chemical Industry Presses Congress to Modernize Outdated Safety Law Amid Innovation Delays
Over 100 manufacturers urge Congress to reform the Toxic Substances Control Act as EPA faces massive backlog delaying chemical approvals vital to US industry competitiveness.
Crypto & Fintech
AI Helps Recover Long-Lost Bitcoin Wallet Holding Nearly $400,000
An AI chatbot aided a user in reclaiming a decade-old Bitcoin wallet containing five coins bought when Bitcoin was priced near $250 each.
Crypto & Fintech
Ethereum’s Network Activity Signals Renewed Strength Amid Price Consolidation
Ethereum’s blockchain shows increased transaction volumes and on-chain engagement, reinforcing its market position despite recent price consolidation.
Markets & Macro
Cisco Plans Job Cuts as It Shifts Focus to AI Amid Rising Demand
Cisco will eliminate nearly 4,000 jobs to prioritize artificial intelligence investments, raising its revenue outlook following a surge in hyperscaler orders.
Crypto & Fintech
US Senate Set to Vote on Crypto Regulation with Key Amendments on Tax and Banking Access
The US Senate Banking Committee prepares to vote on the CLARITY Act, featuring amendments that could limit crypto tax payments and restrict banking access for digital asset firms.
Markets & Macro
Kevin Warsh Confirmed as Federal Reserve Chair Amid Economic Uncertainty
Kevin Warsh, a Hoover Institution fellow and Stanford alumnus, was confirmed as the next Federal Reserve chair in a narrow Senate vote, taking office amid ongoing inflation and economic challenges.
Energy & Climate
How Carbon Dioxide Simultaneously Warms Earth’s Surface and Cools the Upper Atmosphere
New research reveals the complex role of carbon dioxide in warming the lower atmosphere while cooling the stratosphere by releasing heat into space more efficiently.
Corporate Power
Dates Set for Public Forums on Proposed WakeMed-Atrium Health Merger
WakeMed and Atrium Health scheduled multiple public meetings and a virtual forum to gather community input on their proposed healthcare merger.