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SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme Coins – CoinDesk

Volume in futures trading tracking meme coins continued to rise significantly on Saturday, with bets against the non-severe token losing a cumulative $50 million in the past 24 hours, a sign of irrational exuberance. data from Coinglass represents short sales or bets on dogecoin, shiba inu, pepe, and floki, with over $50 million liquidated on […]

Bitcoin Shorts Lose $150M As BTC Poised for ‘Tremendous Upside’ – CoinDesk

Leveraged bets against Bitcoin (BTC) have lost more than $150 million in the past 24 hours, with the price rising 10% to record its biggest single-day gain since October, with solid new bullish momentum This spurred calls for market prices. Bitcoin briefly breached the $57,000 level early Tuesday, the highest since November 2021, due to […]

United Daughters of the Confederacy would lose Virginia tax breaks, if Youngkin signs off

RICHMOND, Va. (AP) – Republicans in Virginia have proposed a bill that would eliminate tax breaks for the United Daughters of the Confederacy, a Richmond-based women’s group that helped erect many of the nation’s Confederate monuments. It will be presented to Governor Glenn Youngkin. He has not said whether he supports it. The Democratic-led House […]

Federal Agencies Profit from Refugees, but State and Local Govt’s Lose

A celebratory report from the Department of Health and Human Services (HHS) says the federal government gained $37.5 billion, or 8.7%, from the resident population of 2.9 million refugees and asylum seekers in the 15 years ending in 2020. The report also notes that imported refugees cost taxpayers who fund state and local governments $21.4 […]