Bitcoin keeps falling as China ramps up the pressure on cryptos even more
CNN
Bitcoin tanked after China called in a bunch of major commercial lenders — including payments juggernaut Alipay — to warn them about getting into cryptocurrency.
Bitcoin plunged 10% to as low as $31,179 per coin, the lowest level since January, according to Coindesk. It recovered a little bit and was last trading down 5% at around $33,000 per coin, a two-week low. But that's still a drop of 50% from an all-time high in April. Other cryptos also plummeted: Ethereum lost 8%, while Dogecoin dived 20%, erasing all of its gains since April.Two families have filed a federal lawsuit against Tennessee Governor Bill Lee and the Williamson County School District, claiming their middle school kids were arrested, strip-searched, placed in solitary confinement, forced to undergo evaluations and placed on house arrest after officials misinterpreted a Tennessee statute and claimed that conversations between peers were “threats of mass violence.”
India’s transformative yet divisive Prime Minister Narendra Modi declared victory in national elections on Tuesday evening, but his goal of winning an unassailable majority lies in tatters with early results showing as voters delivered a shock result that reduces the extent of his party’s grip on power.