In today's news, we cover stories relating to crypto and the stock market. Mastercard is looking to make crypto purchases less risky, while Cryptoverse covers the craze surrounding crypto trading names. Meanwhile, Celsius co-founder and strategy head Leon resigns from the bankrupt crypto lender, and cryptos pose risks to the stability of the US financial system, according to the Treasury group. Also, economist Nouriel Roubini slams crypto as a massive fraud. In stock market news, the Dow soars 800 points as stocks extend massive rally on fresh hopes for less hawkish central banks. And finally, pressure was lifted from the UK currency Monday as the government announced a U-turn on its tax plans that had sent the pound to new lows against the dollar.
SEC Fines Kim Kardashian $1.25 Million For Promoting Crypto On Social Media
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Outline
- Mastercard is looking to make cryptocurrency purchases less risky.
- Cryptocurrencies are becoming more popular and their prices are soaring. However, they pose risks to the stability of the US financial system and gaps in regulation must be addressed, according to a US Treasury group.
- Economist Nouriel Roubini, often referred to as "Dr. Doom", slams cryptocurrencies as a massive fraud.
- The Dow Jones Industrial Average soars 800 points as stocks extend a massive rally on fresh hopes for less hawkish central banks.
- US stocks extend rally amid investor hopes that central banks are nearly done hiking interest rates.
- The UK currency rebounds after the government announces a U-turn on its tax plans that had sent the pound to new lows against the dollar.
- Antifa is a short form for "anti-fascist".
- Financial markets portend trouble. Where will the cracks appear?
- The Gaming Shelf Enters Its Era of Silence
- Feds Seized $311M in Bitcoin. The Crypto Hacker Stole It Back
- Girls in Yoga Pants Explain the Higher Education Apocalypse
- The Margin: Elon Musk wants to move forward with his purchase of Twitter. Here’s how some Twitter users reacted.
- Xiaomi India names Qualcomm as destination for allegedly illegal payments
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- Kim Kardashian Pays $1.26 Million USD to Settle SEC Charges Related to Instagram Crypto Promo
- Pretty Problems explores just how taxing the rich can be
- With Kim Kardashian Fined $1.3 Million for Crypto Promotion, Which Other Celebs Could Be in Trouble?
- Dead Presidents, Fortunate Sons, and Raytheon Flacks: A K Street Kegger Party Report
- Why Shares of Coinbase, Silvergate Capital, and Hut 8 Mining Corp Are Rising Today
- 3 Innovative Cryptos Offering Real-World Utility
- Did Kim Kardashian Just Change the Game for Crypto Investors?
- If This One Thing Happens, Bitcoin Could Double in Price
- Here's Why You'll Regret Not Buying More of This Top Crypto on the Dip
- Why Bitcoin, Ethereum, and XRP Are Rising This Morning
- Why Mastercard Stock Soared 3.7% on Tuesday
- Solana: Buy the Dip?
- Kim Kardashian Fined $1.25 Million For Promoting Crypto On Social Media – Could Other Celebrities Be Charged?
- After Kim Kardashian’s SEC settlement, influencers working with brands could face more scrutiny – and fines