Cal-Maine’s stock falls as DOJ reportedly weighs bigger crackdown on major egg producers
Egg prices crossed the $6 barrier in March of last year, but they have since fallen as farmers have replenished their flocks.
Varyante
Russia introduces bill to criminalize unregistered crypto services
Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time.
Polymarket odds of Hormuz Strait traffic normalizing by end of May spike to 73%
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDlkNDYtYTI5MS03YzE1LThhZjktMGYwMzNlZDYzZjMyLmpwZw==.jpg" alt="Polymarket odds of Hormuz Strait traffic normalizing by end of May spike to 73%" class="type:primaryImage"></p><p>Traders on the Polymarket prediction market platform place the odds of the Strait returning to normal traffic by May 31, 2026, at 73%.</p>
Meta reportedly eyes more layoffs, targeting 10% of staff
The social-media giant is aiming to cut around 8,000 employees in May as it continues to invest heavily in AI products.
Nvidia rival Cerebras is taking another swing at an IPO
The AI-chip company last filed to go public in late 2024 before scrapping its plans.
New Social Security proposal would cap payments for wealthy people now — and many more later on
Benefit limits could do a lot to solve Social Security’s fiscal problems, CRFB suggests. But check the fine print.
US Senator asks for Binance monitor update amid scrutiny of Iran sanctions
A letter from US Senator Richard Blumenthal said he was concerned about “mounting allegations of dangerously lax anti-money laundering prevention by Binance.”
Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?
A confirmed cup-and-handle breakout on Ether’s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin.
Crypto market liquidations hit $820M as Bitcoin price taps $78K
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDljOTctYmVlNy03MDhkLWJmY2EtNTRiZDlkMDcyMTNlLmpwZw==.jpg" alt="Crypto market liquidations hit $820M as Bitcoin price taps $78K" class="type:primaryImage"></p><p>Nearly a billion dollars in leveraged crypto positions were liquidated in the past 24 hours as the Bitcoin price rallied above $78,000.</p>
Kraken's parent company to acquire CFTC-regulated exchange Bitnomial
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWUwNTAtN2UyZC03M2NiLTkzOTgtM2QxNTljYzJhOWRh.jpg" alt="Kraken's parent company to acquire CFTC-regulated exchange Bitnomial" class="type:primaryImage"></p><p>Payward, the parent company of the Kraken crypto exchange, cited Bitnomial's regulatory licenses as the primary driver for the acquisition.</p>
Price predictions 4/17: BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA, BCH, LINK
Bitcoin pole vaulted to $78,000 and altcoins soared after Iran said that the Strait of Hormuz was fully open. Will bulls be able to sustain the upward momentum?
Singapore Gulf Bank adds stablecoin mint and redeem for 24/7 settlement
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDljN2YtOWYwOC03NzM3LWE0NmUtZjFiYjViNmE2MGZhLmpwZw==.jpg" alt="Singapore Gulf Bank adds stablecoin mint and redeem for 24/7 settlement" class="type:primaryImage"></p><p>The Bahrain-based lender lets institutional clients convert fiat currency to US dollar-pegged stablecoins directly from their accounts.</p>
French finance minister backs euro-pegged stablecoins to compete with US
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDliZTctZTNhMC03ODhmLWFlOWMtN2I0ZTVkY2MyMTU5LmpwZw==.jpg" alt="French finance minister backs euro-pegged stablecoins to compete with US" class="type:primaryImage"></p><p>The country's finance minister supported the Qivalis initiative, launched in 2025, to create a euro-pegged stablecoin under the MiCA framework.</p>
Airline and cruise stocks soar, as ‘TACO’ gives way to ‘trust in Trump alone’
United Airlines and Royal Caribbean shares were leading the S&P 500’s gainers as investors “trust in Trump” to deliver peace.
These stocks are reporting strong first-quarter earnings — helping fuel the market’s record run
Corporate executives with a front-row seat on the economy are broadcasting a bullish message and drowning out Iran war noise.
The historic surge in chip stocks highlights Micron’s valuation, and a related warning
The iShares Semiconductor ETF has rocketed 34% amid a long winning streak — its best 13-day stretch in 24 years.
What’s next for investors after the stock market’s rebound?
Also in Weekend Reads: Options-trading tactics, software stocks and a spousal Social Security switch.
Iran has declared the Strait of Hormuz ‘completely open.’ Here’s what that really means.
Almost seven weeks after the start of the conflict in the Middle East, Iran announced on Friday that a crucial maritime passageway for seaborne oil was “completely open” for commercial vessels — but only as long as the Lebanon-Israel cease-fire agreement is in effect.
The world’s most stable asset is losing its grip — leaving your paycheck and retirement vulnerable to inflation
Treasury bonds are no longer guaranteed safe havens — and your spending power is on the line.
Think the rally is safe? This elite market-timing indicator says a correction is overdue.
The gold-platinum ratio suggests the stock market is living on borrowed time.