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Johnson quashes farm bill rebellion to pass budget blueprint for reconciliation 2.0

Speaker Mike Johnson (R-La.) on Wednesday quashed a rebellion over the farm bill to allow the House to adopt a budget blueprint for a second reconciliation bill that would fund immigration enforcement. The 215-211-1 party-line vote, with Rep. Kevin Kiley (I-Calif.) voting present, brings Congress one step closer to ending the Department of Homeland Security……

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Bitcoin Long-to-Short Ratio Shows Pro Traders Cautious Over Fed, Inflation

Key takeaways: Negative Bitcoin funding rates indicate bearishness, yet whales maintain steady long-to-short ratios at major exchanges. Inflation concerns and tech corporate earnings remain the biggest drivers for Bitcoin traders’ sentiment. Bitcoin (BTC) faced rejection at $77,800 on Wednesday, then retested the $76,000 level. This movement followed a correction in the S&P 500 Index as…

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