What Happened To The Cast Of Taxi?

Almost everyone loves a good workplace sitcom, and the 1978 New York City-set series *Taxi* was one of the greatest of all time. But what have the show’s stars been up to since the series went off the air in 1983?

*Taxi* followed the employees of the fictional Sunshine Cab Company in Manhattan as they went about their lives. It starred a cast of future entertainment titans. While comedian Andy Kaufman, who played oddball immigrant mechanic Latka, died less than a year after the series ended, and Jeff Conaway, who played struggling actor Bobby Wheeler, passed away in 2011 after a long and public battle with drug and alcohol addiction, other cast members have gone on to massive success.

### Origins and Legacy of *Taxi*

*Taxi* was created by former *Mary Tyler Moore Show* writers and producers James L. Brooks, Stan Daniels, David Davis, and Ed. Weinberger. Over the course of its five seasons, the show received an impressive 34 Emmy nominations and won 18 awards.

Not only that, but head writers Glen and Les Charles went on to create the wildly popular *Cheers*, forever changing the sitcom landscape.

*(Note: Randall Carver, who played John Burns in the first season, and Carol Kane, who played Simka in the last two seasons, are not included here due to their brief roles. However, both have enjoyed successful acting careers in movies and television.)*

### Judd Hirsch – Alex Reiger

Judd Hirsch was already somewhat well-known before *Taxi*, having earned an Emmy nomination for a guest spot on the comedy *Rhoda*. However, he truly came into the spotlight as Alex Reiger, the even-keeled but cynical cab driver who mostly played the straight man to everyone else’s ridiculous antics.

Hirsch won the Emmy for Outstanding Lead Actor in a Comedy Series for this role in 1981 and again in 1983. Since *Taxi*, he has made numerous guest appearances on shows as diverse as *Law & Order: Special Victims Unit*, *The Big Bang Theory*, *American Dad!*, *The Good Wife*, and *Maron*. He also starred as the title character on the sitcom *Dear John* and co-starred in the short-lived *Superior Donuts*.

On the big screen, Hirsch has appeared in blockbusters like *Independence Day* as well as independent films. Notably, he was nominated for an Academy Award for Best Supporting Actor for his role as Boris Podgorny in Steven Spielberg’s 2022 film *The Fabelmans*.

Hirsch has also had a storied stage career, winning Tony Awards for Best Actor in a Play for *Conversations with My Father* and *I’m Not Rappaport*.

### Marilu Henner – Elaine Nardo

Among the female cast members, Marilu Henner stood out as Elaine Nardo, a single mother, taxi driver, and art lover. Elaine always held her own with the guys at the shop and acted as Sunshine Cab’s surrogate mother to everyone—except Louie, who lusted after her cartoonishly.

Since *Taxi*, Henner has taken on mostly smaller roles in movies and television, including a one-off appearance on *NCIS*. She has also played the title character’s mother in multiple Hallmark Channel *Aurora Teagarden Mysteries* TV movies.

Henner appeared as a contestant on the first season of *The Celebrity Apprentice* in 2008 and on the 23rd season of *Dancing With the Stars* in 2016, even performing a *Taxi*-themed foxtrot with her dance partner, Derek Hough.

Beyond acting and reality TV, Henner is a vocal brain-research activist. She has a rare condition called Highly Superior Autobiographical Memory (HSAM), which allows her to recall memories with extraordinary detail.

### Tony Danza – Tony Banta

Before *Taxi*, Tony Danza was a professional middleweight boxer. He was discovered at a boxing gym and cast as Tony Banta, the lovable but unlucky Italian-American cab driver and former boxer. While the character Tony was terrible in the ring, Danza had been quite good.

After *Taxi*, Danza found success starring on the hit sitcom *Who’s the Boss?*, which ran on ABC for eight seasons. While he has had bit parts in films like *Don Jon* and *Angels in the Outfield*, his primary success has been on television.

He has had major guest roles on shows like *Blue Bloods* and the *Sex and the City* sequel *And Just Like That…*. Danza also starred in the short-lived Netflix series *The Good Cop*, opposite actor and singer Josh Groban, who played his character’s son.

Danza additionally hosted his own daytime variety talk show, *The Tony Danza Show*, which ran for two seasons (330 episodes) from 2004 to 2006. He also starred in a sitcom of the same name in 1997, which aired for five episodes.

### Danny DeVito – Louie De Palma

At Sunshine Cab Company, the crew were friendly with one another but universally despised their boss, Louie De Palma, played by Danny DeVito. Louie was a morally bankrupt jerk who barked orders and sexually harassed nearly every woman younger than his mother.

DeVito famously landed the role by walking into the audition, throwing his script on the table, and yelling, “Who wrote this s***? Pure Louie!”

Following *Taxi*, DeVito has enjoyed a prolific career across movies, theater, and television. He made impactful one-off appearances such as a male stripper on *Friends*, but also had major roles like The Penguin in Tim Burton’s *Batman Returns* (1992) and Sid Hudgens in Curtis Hanson’s noir *L.A. Confidential* (1997).

As a director, he helmed excellent dark comedies such as *The War of the Roses* and *Throw Momma From the Train*, the children’s film *Matilda*, and the underrated *Death to Smoochy*.

DeVito is also a successful producer; his company, Jersey Films, produced notable movies including *Pulp Fiction*, *Get Shorty*, and *Garden State*.

Perhaps his greatest work since *Taxi* is his role as Frank Reynolds on the long-running FX sitcom *It’s Always Sunny in Philadelphia*. Joining in the show’s second season, Frank is a magnified version of Louie’s bad behavior and has been the deranged fuel driving the series for over 16 seasons.

### Christopher Lloyd – Reverend Jim Ignatowski

Christopher Lloyd officially joined the *Taxi* cast in the second season after guest-starring in the first as Reverend Jim Ignatowski, a former college intellectual turned spacey hippie due to heavy drug use in the 1960s. Over the series, Jim developed a close relationship with Louie, who affectionately called him “Iggy,” revealing a softer side behind the madness.

Since *Taxi,* Lloyd has remained a highly active and beloved performer. He gained international fame for playing the eccentric inventor Doc Brown in the *Back to the Future* films.

Lloyd also starred as a Klingon commander in *Star Trek III: The Search for Spock*, Professor Plum in *Clue*, and the wild Uncle Fester in *The Addams Family* and *Addams Family Values*.

He has made numerous guest appearances on television shows such as *The Mandalorian*, *NCIS*, and *Hacks*, building an extensive IMDb resume.

Most recently, Lloyd appeared on the Netflix series *Wednesday* as Professor Orloff, and played the father of Bob Odenkirk’s character in the action movies *Nobody* and *Nobody 2*.

*Taxi* may have ended nearly four decades ago, but its cast members have continued to influence entertainment in big ways—proving the show’s lasting impact on television and beyond.
https://www.tvline.com/2020171/what-happened-taxi-tv-series-cast/

Small Earthquakes Strike San Francisco Bay Area

A minor 3.8-magnitude earthquake struck the San Francisco Bay Area on Sunday, according to the United States Geological Survey (USGS). It was one of several quakes that occurred in quick succession.

The temblor happened at 9:38 a.m. Pacific Time, about 2 miles southeast of San Ramon, California, USGS data shows. Earlier reports from the agency had listed the magnitude as 3.7.

As seismologists continue to review available data, they may revise the earthquake’s reported magnitude. Additional information may also prompt USGS scientists to update the shake-severity map.

Aftershocks can occur days, weeks, or even years after the initial earthquake. These events can be of equal or larger magnitude and have the potential to affect already damaged areas.
https://www.nytimes.com/interactive/2025/11/09/us/san-ramon-california-earthquake.html

MBTA Transit Police officer facing drunk driving charge after allegedly crashing into pole

A Boston MBTA Transit Police officer is facing a drunk driving charge and has been placed on “modified duty” after allegedly driving onto a sidewalk and crashing his car into a pole. The incident occurred on October 19, according to the Boston Herald.

Jonathan Daveiga, 27, of Wayland, was arrested and charged with operating under the influence of alcohol following a single-car crash at the Leverett Circle intersection. Massachusetts State Police responded to the scene in the early hours of the morning, as reported by State Trooper Luis Blanco.

Court records indicate that Daveiga was also charged with failing to stop or yield. He pleaded not guilty at his arraignment on October 20 in the Charlestown division of Boston Municipal Court and was subsequently released on personal recognizance.

State Police detailed the scene to the Herald, stating they found Daveiga’s gray Jeep Grand Cherokee on the curb with the front panel pressed up against a “no left turn” sign. Although Daveiga claimed he had only consumed two drinks approximately two hours before the crash, officers suspected intoxication.

“Due to the odor of an alcoholic beverage, his slurred speech, vomit inside and outside the vehicle, and his statements of having consumed alcoholic beverages prior in the night, I determined that it was necessary to perform assessments to determine if he was able to operate a motor vehicle,” said State Trooper John Cherwek.

After conducting several tests, Cherwek determined that Daveiga was impaired. Additionally, Daveiga allegedly refused to take a portable breathalyzer test. Under Massachusetts state law, refusal to take a breathalyzer test when arrested for operating under the influence results in an automatic driver’s license suspension.

In response to the incident, Transit Police Superintendent Richard Sullivan told the Herald, “We have faith in the judicial process and in the interim have placed the officer on modified duty while said process progresses through the system.” He also confirmed that the Transit Police Department promptly notified the Massachusetts POST Commission upon learning of the incident.

Jonathan Daveiga is scheduled to return to court on December 19.
https://www.boston.com/news/crime/2025/11/09/mbta-transit-police-officer-facing-drunk-driving-charge-after-allegedly-crashing-into-pole/

GM Once Built A Pontiac Firebird With A Ferrari V12 And Kept It Secret

Take a look at GM’s second-generation F-body duo, the 1970 Chevy Camaro and Pontiac Firebird, and it’s hard not to see the influence of Ferrari’s classic 250 GT SWB in their curves. The proportions, the sweep of the roofline, the taut stance— all of it feels like Detroit borrowing a few pages from Maranello’s playbook.

Also: [This DeLorean Just Got A Ferrari V8 And Is Finally Ready To Roar](#)

Yet few know that, behind closed doors, GM’s designers actually developed a secret F-body concept where the “F” really did stand for Ferrari. Under its hood sat a genuine V12 from Italy, not a small-block from Flint. It was called the Pegasus—winged horse, geddit?—and its story starts with Jerry Palmer, a young Chevrolet stylist who sketched out some sleeker, more European design cues for a future Camaro based on the then-new 1970 coupe.

### How Did It All Begin?

Legendary GM design chief Bill Mitchell saw those drawings and, in classic corporate fashion, swiped the ideas for Chevy’s sportier brother Pontiac instead. The result was a 1970 Firebird that ditched Trans Am flash for European glamour and sophistication.

It’s OTT compared with a stock Firebird, no question, but it genuinely looks like it was created by a famous Italian coachbuilder for some wealthy shipping magnate in Milan—not by a bunch of American boys in Detroit.

And it wasn’t all smoke and scoops, either. Under that seductive red body sat the heart of a Ferrari 365 GTB/4 Daytona—a 347 hp (352 PS) 4.4-liter V12 apparently donated by Ferrari itself.

### A Clash of Cultures Under the Hood

GM engineers crammed the exotic powertrain between the Firebird’s fenders by moving the firewall back 9 inches (230 mm), but then tried to mate it with a GM three-speed automatic transmission. This proved to be a poor match for a highly-strung six-carb V12 designed to work with a five-speed manual.

These days, Pegasus runs a slightly more tractable 365 GTC/4 V12 and a proper Ferrari manual transmission. In later years, the original gold pinstriping was unfortunately removed. Despite this, the core design features—some of which would appear on production Chevys and Pontiacs throughout the 1970s—are still present.

### The Testa Rossa Connection

Most obviously, there’s a 250 Testa Rossa-style pout, which was originally modified from Palmer’s first sketch to incorporate Pontiac’s trademark grille divider. That feature was later removed while the car was being repaired following the first of at least two crashes that happened when Mitchell was behind the wheel.

Then there’s the vented hood with its narrow central bulged scoop designed to clear the bank of velocity stacks poking from the 12-cylinder engine’s vee.

Recognize any of those tricks? The semi-recessed headlight theme would appear on both the production Camaro and Firebird for 1974. The wraparound rear window that massively improved rear visibility made it to showrooms the following year.

While the F-bodies never got this concept’s razor-thin tail, it did show up on the new-for-1973 Pontiac Grand Am and Le Mans, though the effect was ruined a season later by the ugly, federally mandated 5 mph (8 km/h) bumpers.

### Real Leather, Real Ferrari Gauges

Inside, Mitchell’s personal touches turned the cabin into something between a Ferrari GT and a GM dream car. Bar a bulge directly behind the wood-rimmed wheel, the basic dashboard shape is Firebird through and through, but it is home to Ferrari’s gauges and swathed in rich leather—not the usual plastic and fake-wood vibe you’d expect from a 1970s Pontiac.

Motor Trend’s Frank Markus was lucky enough to get behind that wheel in 2006, where he discovered a driving experience as mixed up as you’d expect.

The over-light power steering and crude live-rear-axle ride was pure Detroit, but the sound was unmistakably Ferrari. And even if it didn’t feel quite as quick as the 1,000 lbs (450 kg) lighter Daytona, it was still capable of shaking the rear tires loose in third.

### Legacy of Pegasus

Pegasus reportedly stayed with Mitchell after his retirement in 1977, and remained with him until his death in 1988. Today, it lives in GM’s Heritage Collection as a reminder of how designers can “learn” from each other—and also the crazy amount of sway Mitchell had at the company during the 1960s and early ’70s.
https://www.carscoops.com/2025/11/the-pontiac-pegasus-was-gms-secret-italian-v12-lovechild/

Taco Bell’s new Mountain Dew Baja Blast Pie horrifies customers: ‘Chernobyl cheesecake’

Taco Bell has turned one of its most iconic sodas into a dessert, and it is making waves online. The new Mountain Dew Baja Blast Pie is a limited-edition treat that transforms the soda’s signature tropical lime flavor into a creamy, key lime-style dessert.

Featuring a vibrant electric-blue filling set in a graham cracker crust and topped with whipped cream, the pie costs $19.99 and is sold only as a whole pie—not by the slice. It’s available exclusively while supplies last.

The pie was first teased at Taco Bell’s 2024 Live Más event, according to a press release. This announcement sparked memes and petitions from fans who eagerly demanded that it become a reality. Now, Taco Bell is promoting the pie as the perfect “Friendsgiving flex” to share with family and friends this holiday season. “It’s a statement in a sea of stuffing,” the company said.

Mountain Dew also joined in on the excitement, commenting on Taco Bell’s Instagram post: “Now you can drink AND eat Baja Blast.”

Mountain Dew Baja Blast was originally engineered specifically for Taco Bell, launching in 2004 through a partnership with PepsiCo, the parent company of Mountain Dew.

Taco Bell describes this release as one of its most exclusive ever, which has left some fans amazed and others hesitating to try it. On social media, reactions vary widely:

– “If I brought this thing to the Thanksgiving function they would make me leave,” one person joked.
– “Taco Bell, all we asked for was permanent caramel apple empanadas; instead, we got this Chernobyl cheesecake,” another user said, commenting on the pie’s “radioactive” color.
– Some fans were intrigued despite the unusual appearance: “This scares me but give me 10 of them,” one Instagram user admitted.

Since the pie’s launch on November 6, some lucky customers have shared their thoughts online. One reviewer on X (formerly Twitter) said, “It was fine! Like a middle ground between a Baja Blast flavor and key lime pie.” Another commenter confessed, “The Baja Blast pie is unfortunately really good.”

A Taco Bell employee who tried the dessert described it as “not terrible.” Meanwhile, an Instagram user expressed regret at only buying one pie, saying, “I need this to last longer.” Many fans have begged for the pie to become a permanent menu item beyond this limited-time release.

On the flip side, some reactions highlight the indulgent nature of the dessert. A writer for Nerdist confessed to eating the entire pie in one sitting and “regretting everything” afterward. “The only thing I feel is a belly full of creamy, citrus, neon-teal pie filling and regret,” he wrote. “A lot of both.”

Fox News Digital has reached out to Taco Bell for further comment.

This beverage-themed pie joins a long lineup of other fast-food oddities released by Taco Bell and its competitors over the years. For example:

– In 2014, Taco Bell shook up its menu with a waffle taco shell filled with eggs, cheese, and meat.
– In 2016, McDonald’s Japan introduced McChoco Potatoes, French fries drizzled with milk and dark chocolate sauces.
– The same year, Burger King launched Mac n’ Cheetos, deep-fried macaroni and cheese bites shaped like Cheetos.
– In 2017, Tim Hortons released a Buffalo Latte—a unique espresso drink flavored with mocha and buffalo sauce, topped with steamed milk and buffalo seasoning, available for a limited time in Buffalo, New York.
– In 2018, Sonic debuted a pickle juice slush.

Most of these unique menu items had only limited runs, making the Mountain Dew Baja Blast Pie the latest in a colorful tradition of daring fast-food experiments.
https://nypost.com/2025/11/09/lifestyle/taco-bells-new-mountain-dew-baja-blast-pie-horrifies-customers/

Women’s Basketball: Marta Suarez, Olivia Miles lead No. 17 TCU to season-opening win

No. 17 TCU women’s basketball opened their season with an emphatic home victory over North Carolina A&T this past Thursday, defeating the Aggies 82-43. The Horned Frogs dominated on both ends of the floor, shooting over 47 percent from the field as a team while limiting North Carolina A&T to just 26.9 percent shooting.

TCU outrebounded the Aggies 47-31 and assisted on more than twice as many baskets, jumping out to an early lead and maintaining control throughout the game en route to a convincing blowout win.

Sophomore guard Audrey Miles had a strong all-around performance, contributing eight rebounds and six assists, looking very comfortable operating in Mark Campbell’s offense. Meanwhile, Cal transfer Marta Suarez led the Horned Frogs in scoring with 19 points on 63.6 percent shooting from the field. Suarez showcased her versatility by knocking down two three-pointers, finishing aggressively in the paint, and drawing four trips to the free-throw line. She also added four rebounds, two assists, and one steal.

Returning guard Donovyn Hunter played an excellent game as well, putting up 17 points, two rebounds, four assists, and four steals while shooting 50 percent from the field. With the offseason departure of Hailey Van Lith, Hunter’s role as a ball-handler has expanded, and she looked well-prepared to take on that responsibility.

At center, Clara Silva made a significant impact on both ends of the court, tallying 13 points, eight rebounds, and three blocks. After losing rim protector Sedona Prince this offseason, the Horned Frogs needed a defensive presence in the paint, and Silva delivered effectively against the Aggies.

Off the bench, Taylor Bigby and Kennedy Basham provided valuable contributions. Bigby scored 10 points, including two three-pointers, while Basham blocked six shots and grabbed six rebounds, adding energy and defense to the lineup.

TCU established momentum early with a 6-0 run, fueled by aggressive shot creation that resulted in three straight layups and active defensive hands that forced turnovers. The Frogs extended their advantage to 15-2 before both teams experienced an offensive lull late in the first quarter. TCU led 17-10 heading into the second quarter.

Early in the second period, Donovyn Hunter sparked an impressive individual sequence by hitting a three-pointer, then stealing the ball on the next defensive possession and finishing with a fast-break layup. The TCU offense caught fire late in the quarter, including a stretch of three consecutive three-pointers—two by Miles and a third set up for Bigby—helping the Frogs score 22 second-quarter points and build a 16-point halftime lead.

TCU maintained control throughout the second half, outscoring North Carolina A&T 20-9 in the third quarter and 23-11 in the fourth to seal the dominant victory.

One area for improvement moving forward is ball movement against zone defenses. The Aggies employed a heavy trapping 3-2 zone in the second half, which disrupted TCU’s offensive rhythm, particularly when Miles was on the bench. As the season progresses, TCU could face more teams utilizing zone defenses to counter the frontcourt size advantage, so developing a stronger offensive execution against zones will be key.

The Horned Frogs return to action this Sunday in Fort Worth, hosting Sam Houston at 7 p.m. The game will be televised on ESPN+.
https://www.frogsowar.com/college-basketball/47216/womens-basketball-marta-suarez-olivia-miles-lead-no-17-tcu-to-season-opening-win

Inside Kris Jenner’s Huge 70th Birthday Party With the Kardashians

Kris Jenner is doing amazing, sweetie. The Kardashians matriarch recently celebrated her 70th birthday with an extravagant bash at the home of Jeff Bezos and Lauren Sánchez Bezos in Los Angeles on November 8.

The star-studded event saw the presence of Kris’ children: Kourtney Kardashian, Kim Kardashian, Khloe Kardashian, Rob Kardashian, Kendall Jenner, and Kylie Jenner. In addition, famous friends including Oprah Winfrey, Martha Stewart, Tyler Perry, Mariah Carey, Kathy Hilton, Adele, Prince Harry, and Meghan Markle were also in attendance, just to name a few. Kris’ longtime boyfriend, Corey Gamble, was there to join the celebrations as well.

Prior to the festivities, Kris’ children took to social media to honor their momager. Notably, Rob Kardashian, who has become notoriously private about his personal life, ended his yearlong Instagram hiatus to mark the special occasion on November 5. The 38-year-old posted photos of Kris, including a touching snapshot of her holding his 8-year-old daughter, Dream Kardashian. He captioned the post: “Happy 70th Birthday Mom. You mean the world to me and I love you so much my darling little princess.”

Meanwhile, Kim Kardashian, 45, also expressed her love and admiration for her mother, calling her “the most beautiful woman on the planet.”

Kris Jenner’s 70th birthday was truly a memorable celebration surrounded by family, friends, and loved ones.
https://www.eonline.com/news/1424822/kris-jenners-70th-birthday-party-with-kardashians-photos?cmpid=rss-syndicate-genericrss-us-top_stories

7 unusual programming languages that are worth taking a look at

By any measure, there is an enormous number of programming languages. Some lists contain hundreds, while the Historical Encyclopedia of Programming Languages lists just under 9,000. You’ve probably only used a handful, and you might not be too surprised to discover that many of the rest are obscure, archaic, and just plain bizarre.

Find out quite how strange programming can get, from languages full of brackets to those that interpret color or even code you cannot see at all!

### Lisp: Everything Is a List

Lisp is an old language, possibly the second-oldest still in use today. It first appeared in 1960. The language’s name stands for “list processing,” but a common alternative nickname, poking fun at its unique syntax, is “lots of irritating superfluous parentheses.” It’s easy to see how it gained this name.

Lisp is the last serious language on this list, included because of its unusual paradigm and its status as the original AI language.

### Prolog: Logic and Natural Language Programming

Prolog uses a declarative style, where programs describe the structure and logic of a task rather than the process of how to accomplish it. Prolog does the rest, taking these rules and producing programs that use them.

This approach enables a particular type of programming focused more on logic and natural language than control flow and algorithms.

A Prolog program consists of facts like:

“`prolog
child(john, sue).
“`

And rules like:

“`prolog
parent(Y, X) :- child(X, Y).
“`

These make up a knowledge base you can then interrogate with queries such as:

“`prolog
?- parent(sue, john).
“`

This should return `true` to indicate that, yes, Sue is the parent of John.

Prolog is particularly well-suited to solving logic puzzles like the Towers of Hanoi or the classic river crossing puzzle with a wolf, goat, and cabbage. It’s another language that can be difficult to get your head around; once you do, though, it’s easy to recognize its beauty and influence.

### Befunge: The Language with Two-Dimensional Source Code

Befunge is a classic example of an esoteric programming language—one that cares more about its artful abuse of language design than its practicality. Using Befunge is a challenge, requiring a combination of logical thought and creative interpretation. Ultimately, it introduces a light-hearted touch to the normally serious world of programming.

While many languages are line-oriented, and a rare few—like Python—also care about code indentation and column placement, Befunge takes this to the extreme. The code consists of individual characters laid out in a grid, for example:

“`
0″! dlroW , olleH”v
> v | : v ^https://www.howtogeek.com/weird-programming-languages-that-are-secretly-brilliant/

Red alert: Ethereum price is slowly forming a risky pattern

**Ethereum Price Remains Under Pressure as Sentiment Wanes**

Ethereum (ETH) has remained on edge over the past few months. After surging to a year-to-date high of $4,945 in August, its price has pulled back sharply to the current level of $3,412. Much of this decline comes as overall sentiment in the crypto industry has weakened, with the Crypto Fear and Greed Index dropping into the “fear” zone at 25.

Investor caution has led to a continued reduction in ETH positions, as reflected by recent market data. Notably, inflows into Ethereum ETFs have slowed considerably—a clear sign that demand is waning following a major liquidation event in October. Spot Ethereum ETFs shed over $507 million last week, after adding $15.7 million the week before. In fact, there have now been net outflows for three consecutive weeks, with cumulative net outflows decreasing from nearly $15 billion earlier this year to $13.86 billion.

Ethereum’s price has also tumbled as investors have cut back on leverage. Futures open interest—a key indicator of leveraged positions—has slid dramatically, dropping from a peak of $70 billion in August to just $39 billion today. This weakness in the futures market is notable, as futures trading remains one of the most active segments in crypto. Volume in the spot market has also continued to decline over the same period, further underscoring waning investor enthusiasm.

The situation is compounded by trouble among Ethereum treasury companies. Major ETH holdings companies like BitMine, SharpLink, and ETHZilla have seen their stock prices plunge recently. ETHZilla, notably, has even sold some of its Ethereum holdings to fund share buybacks. With NAV multiples falling, there is growing risk that these companies may slow ETH purchases—or even sell additional tokens—in the coming weeks.

**Technical Analysis Signals Further Downside Ahead**

From a technical perspective, Ethereum may be poised for further declines. The coin looks set to form a “death cross” pattern, as the spread between the 50-day and 200-day Weighted Moving Averages narrows. ETH is also in the process of forming a bearish pennant pattern, characterized by a sharp drop followed by a symmetrical triangle consolidation.

Another bearish signal: ETH has dropped below the 38.2% Fibonacci Retracement level, suggesting that support is weakening. If selling pressure continues, Ethereum will likely break down to the 50% retracement point near $3,100, with the key psychological support at $3,000 potentially coming into play.

**Conclusion**

With sentiment deteriorating, demand slowing across ETFs and futures markets, and technical signals turning more negative, Ethereum price faces significant headwinds. Investors should closely monitor these developments, as a decisive move below key support levels could accelerate the current downtrend.
https://crypto.news/red-alert-ethereum-price-is-slowly-forming-a-risky-pattern/

Bessent says no formal White House health care proposal as shutdown drags on

Treasury Secretary Scott Bessent clarified on Sunday that there is no formal proposal from the White House to defund the Affordable Care Act (Obamacare) and instead send money directly to Americans. This statement comes despite a social media post from President Donald Trump on Saturday promoting such a plan.

During an interview on ABC News’ “This Week,” anchor George Stephanopoulos asked Bessent about the president’s new proposal to eliminate Obamacare and redirect funds directly to the people. Bessent responded, “We don’t have a formal proposal.”

When pressed about whether such a plan would be proposed to the Senate, Bessent stated that the administration is not proposing it “right now.”

Bessent also addressed Trump’s push to end the Senate’s filibuster. Stephanopoulos asked, “Is the best way to end the shutdown right now to end the filibuster?” Bessent replied, “The best way is for five Democratic senators to come across the aisle.”

This is a developing story. Please check back for updates.
https://abcnews.go.com/Politics/bessent-formal-white-house-health-care-proposal-shutdown/story?id=127350445