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In brief Bitcoin hovered near $108,000 and Ethereum traded around $3,750, extending cautious positioning ahead of Friday’s U.S. employment report. Bessent said high rates “may have driven” parts of the economy into recession, fuelling debate over whether future cuts would signal strength or stress. On-chain data shows Bitcoin stuck below a key $113,000 cost-basis level. Crypto edged lower on Sunday as traders positioned ahead of U.S. jobs data due later this week and digested comments from Treasury Secretary Scott Bessent suggesting that high interest rates are beginning to strain parts of the economy.Bitcoin traded around $108,000, down roughly 1.7% over…
In brief Police filed roughly 800 new charges tied to drug trafficking, firearms and conspiracy offenses. Crypto seizures tied to the probe total about $37.9 million to date, according to prior AFP estimates. Operation Ironside stemmed from an FBI-built encrypted platform that fed messages to law enforcement from 2018 to 2021. South Australia Police made 55 arrests over the weekend in the latest phase of Operation Ironside, the long-running domestic arm of a global sting that infiltrated an encrypted messaging network, following the High Court’s ruling that intercepted messages could be used as evidence.Authorities have filed some 800 new charges…