TechFlame News: Shares of cryptocurrency exchange Gemini (GEMI) fell more than 16% on Wednesday after Citigroup analysts lowered their price forecasts for Bitcoin and Ethereum. Citigroup downgraded Gemini from "neutral" to "sell" and slashed its price target from $13 to $5.50, citing that the exchange may take years to become profitable. Analysts noted that the likelihood of major cryptocurrency legislation passing this year is diminishing as the U.S. midterm elections approach. Gemini has already announced plans to exit the UK, EU, and Australian markets and cut 25% of its workforce to reduce operating expenses and accelerate its path to profitability. (Decrypt)