Cryptocurrency

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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