Three senior Democratic lawmakers have called on the U.S. Labor Department to 
withdraw a proposal that could open the country&#8217;s roughly $10.1 trillion 
401(k) retirement market to cryptocurrencies and other alternative 
investments. According to a letter sent Tuesday by Senator…

Three senior Democratic lawmakers have called on the U.S. Labor Department to withdraw a proposal that could open the country&#8217;s roughly $10.1 trillion 401(k) retirement market to cryptocurrencies and other alternative investments. According to a letter sent Tuesday by Senator…

Democrats push Labor Department to scrap crypto 401(k) proposal

Karen Bass confirmed to advance to LA&#8217;s November mayoral runoff. First-round 
finish market at 98% YES; general election win at 78% YES.
The post Karen Bass advances to LA mayoral runoff in November appeared first 
on Crypto Briefing.

Karen Bass confirmed to advance to LA&#8217;s November mayoral runoff. First-round finish market at 98% YES; general election win at 78% YES. The post Karen Bass advances to LA mayoral runoff in November appeared first on Crypto Briefing.

Karen Bass advances to LA mayoral runoff in November

In 1978, Warren Buffett cemented a partnership that would define Berkshire 
Hathaway for decades with Charlie Munger, a collaboration that ran until 2023. 
His rule for partners, Buffett says, is blunt: pick people who are 
intelligent, honest and energetic, and “marrying someone to change them is 
folly,” a filter echoed by patient bets on Coca-Cola […]

In 1978, Warren Buffett cemented a partnership that would define Berkshire Hathaway for decades with Charlie Munger, a collaboration that ran until 2023. His rule for partners, Buffett says, is blunt: pick people who are intelligent, honest and energetic, and “marrying someone to change them is folly,” a filter echoed by patient bets on Coca-Cola &#8230;

Becoming a Millionaire by 30, Warren Buffett Shares His Proven Strategy

AI robotics company Figure posted several videos on X throughout May 
showcasing its robots performing basic tasks, including cleaning a room and 
sorting packages.

AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages.

Modern robots impress, but are years away from replacing humans

“Investors still believe in crypto, but now that it’s a contrarian bet, they 
favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.

“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.

Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise

Data shows bullish bets related to Bitcoin have suffered a massive amount of 
liquidations as the asset&#8217;s price has plunged below the $70,000 mark. Bitcoin 
Falls Below $70,000 For The First Time Since April Following up on the bearish 
tone set during the second half of May, Bitcoin has opened June with another 
drawdown as its price has slipped under $70,000 for the first time since April 
7th. Related Reading: XRP Sees Biggest Exchange Inflow Of 2026—Shortly Before 
Even Larger Outflows Below is a chart that shows how the latest bearish action 
has looked for the cryptocurrency. Over the last 24 hours, Bitcoin has gone 
down by nearly 5%, hitting the $69,400 mark. Interestingly, while the original 
digital asset has suffered this blow, Ethereum, the second-largest token by 
market cap, has managed to hold up relatively well, being down by just 0.7% 
inside this window. Even many altcoins have seen smaller losses than BTC. The 
reason behind the disproportionate decline in Bitcoin may lie in the fact that 
its bearish action was triggered at least in part by a rare sale from 
Strategy, the largest treasury holder of the asset. Meanwhile, Bitmine, the 
Strategy-equivalent for Ethereum, announced another acquisition instead. As 
BTC&#8217;s drop during the past day has been significant, it has caught out a 
significant number of traders on the derivatives market. BTC-Related 
Liquidations Have Crossed $445 Million According to data from CoinGlass, a 
notable amount of liquidations related to Bitcoin have racked up on 
centralized exchanges over the last 24 hours. &#8220;Liquidation&#8221; here refers to the 
forceful closure that any open contract undergoes after it has amassed a 
certain percentage in losses (as defined by the specific platform). As 
displayed in the below table, total liquidations related to the digital asset 
sector have broken the $800 million mark. Out of these, more than $689 million 
in contracts involved were long positions. In percentage terms, this figure is 
equivalent to more than 85%. This dominance of bullish liquidations naturally 
makes sense in the context of the decline that the market has faced during the 
past day. As Bitcoin was struck particularly hard inside this window, it was 
by far the biggest contributor to the liquidations. From the above heatmap, 
it&#8217;s visible that a total of $445 million in BTC contracts were liquidated in 
the last 24 hours. The share of long liquidations was notably higher than the 
average for the wider sector, with more than 95% of contracts involved being 
bullish bets. Related Reading: Ethereum Price Falls, But Whales Push Holdings 
To 10-Week High While Ethereum&#8217;s price action has been relatively flat, it 
still ended up garnering $91 million in liquidations, the second-most behind 
Bitcoin. Featured image from Dall-E, chart from TradingView.com

Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset&#8217;s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as &#8230;

Democrats push Labor Department to scrap crypto 401(k) proposal

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