Suvashree Ghosh / Bloomberg::
Bitcoin falls below $ 90,000, its lowest level since mid-November 2024, while the rally which followed the Trump elections fades; ETH, XRP, Sol and more have also fallen strongly– – The biggest token is now down almost 20% since the inauguration of Trump – macro factors and cryptographic breaths combine to erode confidence
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- Seattle City Council votes 9-0 to enact a one-year moratorium on new large data centers and study their impact; Mayor Katie Wilson is expected to sign the bill (Greg Kim/The Seattle Times)
- Super Micro Computer aims to raise $7 billion through equity and equity-linked financing transactions to fund the purchase of components needed to fulfill AI server orders (Harshita Mary Varghese/Reuters)
- GM eyes new type of battery to expand data center and energy storage business
- Apple says 79% of all iPhones and 86% of iPhones released in the last four years used iOS 26 as of June 7, compared to 82% and 88% for iOS 18 before WWDC 2025 (Joe Rossignol/MacRumors)
- Republicans go off the rails and say they don’t need proof to say the election is rigged
- LIV Golf CEO says to take PIF ‘at its word’ as funding cliff approaches
- Rivian is betting that R2 EV can make it a household name like Tesla
- Top House Democrat demands answers about Trump’s health after he falls asleep during NBA Finals

