Brace for Ethereum’s $10B Short Squeeze and Policy Shakeup

Opening Recap

Market Pulse: Stocks capped the week on a modest high note as another round of earnings beat whispers kept buyers tentatively bullish, setting up a quiet Friday that left traders in chill mode.

Key Movers: Ethereum’s looming $10 billion short squeeze (Ambcrypto.com) has FOMO brewing, Vera Therapeutics’ BLA filing (GlobeNewswire) has biotech watchers tuned in, and FCC Chair Lina Khan’s Senate appearance (Biztoc.com) is stealing the policy spotlight.

Macro & Politics: A Tallahassee anti-mafia suit against Planned Parenthood (Fox News) marks social policy’s market twist, while Washington’s tech regulation drama heats up as Lina Khan defends network-neutrality.

What’s Next: Eyes on Asia for oil and rate chatter, China’s weekend export data, and any Beltway tweets that could shake Monday’s open.

Market Commentary

Most folks are drooling over post-earnings momentum while ignoring the damn real threat: a $10 billion ETH short squeeze that Ambcrypto.com warns could blast Ethereum past last cycle’s peaks. If you’re not sizing stops, you’re setting yourself up to get torched when longs scramble for exits.

Meanwhile, regulators have cornered both lab benches and courtrooms—Vera Therapeutics just fired off a BLA under FDA’s accelerated approval (GlobeNewswire), at the same time Florida’s using racketeering laws against Planned Parenthood (Fox News). It’s a perfect storm of government swinging at biotech breakthroughs and social policy, and it reeks of political theater more than genuine protection.

So here’s the play: trim oversized biotech bets, strap in for Lina Khan’s Senate grilling (Biztoc.com), and watch those global oil and rate whispers over the weekend. Balance your portfolio like a pro, or get squeezed from both ends.