Former Sprint CEO Sells Aspen Teardown for $37.3 Million

Former Sprint Sprint CEO Marcelo Claure has sold a large property in Aspen, Colo., to his neighbor for $37.3 million, five years after buying it for $11 million.
Located just outside downtown Aspen, the roughly 21-acre property has a long-vacant house. It was listed for $45 million in 2023 with plans for two new, roughly 15,000-square-foot houses.

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Watch These Bitcoin Price Levels Amid Volatile Trading After U.S. Strikes Iran

Bitcoin briefly fell below $99,000 on Sunday to its lowest level in more than six weeks as news that the U.S. had struck Iranian nuclear sites caused investors to reassess their appetite for risky assets. After trending sharply higher between early April and late May, the cryptocurrency has consolidated within a descending channel. Investors should watch crucial support levels on Bitcoin's chart around $100,000 and $92,000, while also monitoring resistance levels near $107,000 and $112, (BTCUSD) briefly fell below $99,000 on Sunday as news that the U.S. had struck Iranian nuclear sites caused investors to reassess their appetite for risky assets. The digital currency moved as low as $98,200 on Sunday afternoon, its lowest level since May 8, amid uncertainty about the geopolitical and economic outlook after the U.S. late Saturday entered a conflict between Israel that had intensified over the past week. In recent trading, bitcoin had rebounded to about $101,200 but was still well down from its high last Monday of near $109,000. Below, we take a closer look at bitcoin's chart and apply technical analysis to identify crucial price levels worth watching out for. After trending sharply higher between early April and late May, bitcoin has consolidated within a descending channel. Over the past week, the cryptocurrency's price has retraced toward the pattern's lower trendline, an area on the chart that closely aligns with the psychological $100,000 level. Moreover, recent selling has coincided with the relative strength index falling below its neutral threshold, signaling weakening price momentum. Let's identify crucial support and resistance levels on Bitcoin's chart. Investors should initially monitor the $100,000 level. This area on the chart is likely to gain significant attention near the descending channel's lower trendline and a range of corresponding trading activity stretching back to last November. A decisive close below this level could see the cryptocurrency's price revisit lower support around $92,000. Investors may seek buying opportunities in this area near a horizontal line that links a series of price action on the chart between November and April. The first resistance level to watch sits around $107,000. The cryptocurrency could face overhead selling pressure in this location near the descending channel's top trendline, which also closely aligns with prominent peaks that formed on the chart in December and January. Finally, buying above this level could see BTC bulls push the price toward $112,000. Investors who have accumulated bitcoin during its recent retracement could decide to lock in profits near last month's high, which also marks the cryptocurrency's all-time high. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own any of the above securities. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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Why the serial CEO has fallen out of fashion

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Storm's Nneka Ogwumike, WNBA players union president, speaks out on CBA negotiations

SEATTLE — As president of the WNBA's players union, Seattle Storm forward Nneka Ogwumike has been asked time and again about the league's collective bargaining agreement discussions. The WNBA is bringing in more money than ever from sponsors and ticket sales, and will bring in much more from its 11-year media rights deal , worth around $200 million per year starting in 2026 — yet player salaries haven't increased drastically in recent years. In light of other players around the WNBA speaking out, Ogwumike addressed the matter of player salaries following the Storm's 89-79 win over the New York Liberty on Sunday .