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An ETH swing trader exits the market with a loss of $260,000 due to price decline According to on-chain analyst Ai Aunt’s monitoring, a swing trader who entered an ETH position at $2,078.9 one week ago has sold at $2,024.7. Their $10 million position is expected to have lost $260,000.Disclaimer: The content of this article solely reflects the author’s opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.Understand the market, then trade.Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.Trade now！ Source link

LawFlash May 29, 2026 The US Department of Labor’s proposed rule on Fiduciary Duties in Selecting Designated Investment Alternatives would establish a new process-based safe harbor for fiduciaries selecting 401(k) investment options. As covered in our April 2026 LawFlash, the DOL issued a proposed rule in March 2026 (the Proposed Rule) that addresses fiduciary decision-making in selecting ERISA-covered defined contribution (DC) plan investment options. This LawFlash is a continuation of and assumes familiarity with that LawFlash (which summarized the Proposed Rule’s overall framework and initial considerations for plan fiduciaries and other stakeholders). The Proposed…

The new owner, Integrated Media Company, also owns Fandom, Gamespot and metacritic A majority stake of the indie game publisher Playstack is being sold to an investment company called Integrated Media Company (IMG). As first reported by Game Developer, the owner of the publisher behind hits like Balatro and The Case of the Golden Idol is selling an 84.5 percent stake to a subsidiary of IMG called VantageCo Limited for £112.4 million, or around $151 million. Playstack also released a brief and vague statement from its founder and CEO, Harvey Elliott, that said this step represented “a change in ownership, rather than a change…

Senators Elizabeth Warren, Richard Blumenthal, and Ro Khanna are asking important questions about private equity investments in the defense sector.GettyAs three national legislators demand accountability for a $200 billion private equity invasion of America’s defense industrial base, a pattern of insider deals, leveraged ruin, and foreign exposure is reshaping who really controls the U.S. military machine.This week, Senators Elizabeth Warren and Richard Blumenthal, together with Representative Ro Khanna , sent a letter to Secretary of Defense Pete Hegseth that reads less like a polite congressional inquiry and more like a prosecutorial brief. The document runs through a catalog of financial…

Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on the assets managed, completed 13 years on May 28 and turned Rs 10,000 SIP to Rs 51 lakh since its inception, an analysis by ETMutualFunds showed. The flexicap fund is given a five star rating by ValueResearch and Morningstar both. It had an AUM of Rs 1.40 lakh crore as of April 30, 2026 against an AUM of Rs 1.28 lakh crore in March.If an investor made a SIP of Rs 10,000 in this fund 10 years ago, the value of this investment would have…

by Lacey Pfalz Last updated: 9:20 AM ET, Sat May 30, 2026 US-based private equity firm Castlelake, L.P. announced it is in the preliminary stages of considering the purchase of British low-budget air carrier, easyJet. The announcement was made on May 29, in which the private equity firm told the public it has until June 26, 2026 to announce its intention to purchase easyJet. The board of easyJet has not yet been in communication with the firm, but Castlelake promises future updates.  Castlelake has large influence from real estate to the aviation sector, including financing Virgin Atlantic Airways.easyJet, like Spirit Airlines…

Down 43% over the last year, the cryptocurrency XRP (XRP +1.94%) continues to struggle even though the company behind the banking token, Ripple, keeps notching wins. So, how can this be? And more importantly, is there a future for XRP? Image source: Getty Images. Why Ripple’s success doesn’t guarantee XRP’s success The bull case hinges on a simple relationship: Ripple’s growth drives demand for XRP. Unfortunately, not only has this thesis always been weak, but it’s getting weaker. Today’s Change(1.94%) $0.03Current Price$1.34Key Data PointsMarket Cap$83BDay’s Range$1.31 – $1.3652wk Range$1.14 – $3.65Volume1.9B That’s because the product that major banks actually use…

Izzy Clements claimed a silver medal in the Lightweight Women’s Single Sculls A Final, headlining an impressive day’s racing by Irish crews at World Cup 1 in Seville. Clements, of Tara RC / Edinburgh University Boat Club delivered a blistering second half of the race to claim second behind Kenia Lechuga Alanis of Mexico who led for most of the contest. Rowing Ireland High Performance Director Niall O’Carroll said: “Izzy’s performance today and indeed the quality of the racing in that Final showcases the need to ensure we always have lightweight rowing. What a great race and all of us in the…

AbstractWe empirically identify politically motivated redistricting and its consequences, studying the effects of changed electorate composition on US congressional district boundaries and on political outcomes. We exploit the 1986 Immigration Reform and Control Act (IRCA), which legalized millions of immigrants, changing local electorates without changing demographics—legalized immigrants were already counted in the census. Where Democrats controlled the 1990 redistricting process, higher IRCA populations were associated with more spatially distorted districts. Consistent with theory, Democrats packed Hispanics (their ardent supporters) into majority-minority districts. House delegations had more Hispanics, suggesting that partisan gerrymandering, in this case, increased representation among the historically underrepresented.…

Anton Petrus | Moment | Getty ImagesDrone stocks surged Thursday on a report the Trump administration is in talks to fund several companies including one in which Donald Trump Jr. is a shareholder. The Pentagon has held months of discussions with a group of drone companies about potential funding deals, people familiar with the matter told The Wall Street Journal. The deals could include equity stakes that give the federal government some ownership, the Journal reported.Shares of Unusual Machines surged more than 65% after the Journal reported it is one of the companies in talks with the Pentagon. A deal…