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Bitcoin and Ethereum Reverse Gains, Altcoins Turn Red


  Bitcoin price tried to increase its gains above the USD 31,500 level but struggled to continue higher towards the USD 31,800 level. There was a sharp bearish move and the price is currently (04:07 UTC) trading near USD 29,500. BTC is down almost 6% in a day and 7% in a week. Similarly, most...

Citigroup CEO: Europe More Likely to Head Into Recession Than US


Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday...

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful


The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...

Japanese Justice Ministry Wants Law Enforcers to Have Power to Seize Crypto


  Japan’s Ministry of Justice wants to give courts and police officers the power to seize cryptoassets in criminal cases – and could allow the state to take control of tokens that have been used in money laundering operations.... Read More: Japanese Justice Ministry Wants Law Enforcers to Have...

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