Cryptocurrency

SEC Charges Kim Kardashian with Unlawfully Touting Cryptocurrency

SEC Charges Kim Kardashian with Unlawfully Touting Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) has charged Kim Kardashian for touting a cryptocurrency on social media without disclosing the payment she received for the promotion. The billionaire reality star promoted a digital asset offered and sold by EthereumMax. “This case is a reminder that, when celebrities or influencers…
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Russia Edges Closer to Using Bitcoin for International Trade

Russia Edges Closer to Using Bitcoin for International Trade

The Russian government has drafted new legislation that edges the embattled nation one step closer to accepting Bitcoin and other cryptocurrencies for international trade. According to a report from Russian news outlet Tass, Russia's Ministry of Finance and its central bank have agreed on a draft bill allowing crypto payments…
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Russia to Officially Treat Bitcoin as Currency

Russia to Officially Treat Bitcoin as Currency

The Russian government and central bank have agreed to treat Bitcoin and other cryptocurrency assets as official forms of currency, according to reports. A new announcement from the Kremlin confirms that Russia’s government and central bank are now working on a draft law that will define cryptocurrencies as an “analog…
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Bitcoin Will Break above $40,000 by Monday, Crypto Analyst Predicts

Bitcoin Will Break above $40,000 by Monday, Crypto Analyst Predicts

Bitcoin will finally break out and return back above $40,000 before Monday, a leading cryptocurrency analyst is predicting. Crypto trader Justin Bennett says Bitcoin looks poised to rally above $40k after sinking to $33,500 on Jan. 24. “If Bitcoin can break above these highs, right around $37,500, if we do…
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Russia Bans Bitcoin and All Cryptocurrencies

Russia Bans Bitcoin and All Cryptocurrencies

Russia's government is banning all Bitcoin and cryptocurrency use across the country, including transactions, mining, and circulation, according to reports. The plan was revealed on Thursday by Russia's central bank, citing threats to financial stability, citizens' wellbeing, and its monetary policy sovereignty. The Russian central bank argues that cryptocurrencies are…
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Dogecoin Soars after Elon Musk Announces Tesla to Accept DOGE for Merch

Dogecoin Soars after Elon Musk Announces Tesla to Accept DOGE for Merch

Tesla CEO Elon Musk tweeted Tuesday that his electric car company will now accept Dogecoin for purchases of merchandise. Almost immediately after his announcement, the price of DOGE soared by 25 percent. Data from Cointelegraph Markets Pro and TradingView showed DOGE/USD skyrocketing to become the only major cryptocurrency to deliver gains on the day.…
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