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Cryptocurrencies Price Prediction: Pi Network, Crypto & DOJ – European Wrap 19 June

Cryptocurrencies Price Prediction: Pi Network, Crypto & DOJ – European Wrap 19 June
FXStreet TeamFXStreet TeamFXStreet

Three reasons why Pi Network could drop below $0.50

Pi Network (PI) is trading in the red around 1% at press time on Thursday, risking a potential drop below the $0.50 psychological level. As the bearish trend gains traction, there are three reasons why Pi Network could drop below $0.50 in June. 

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Crypto Today: Bitcoin, Ethereum pare losses as XRP wobbles amid an unstable derivatives market

Price action in the broader cryptocurrency market remains subdued following the Federal Reserve (Fed) decision on Wednesday, which met expectations leaving interest rates unchanged in the range of 4.25% to 4.50%. 

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US DOJ reports record $225 million seizure of funds related to crypto confidence scams

The US Department of Justice (DOJ) announced on Wednesday the largest cryptocurrency seizure in its history, targeting more than $225 million tied to crypto frauds. The Federal Bureau of Investigation (FBI) and the US Secret Service utilize advanced blockchain analysis to solve cryptocurrency confidence scams.

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