The FASB's recent accounting rule revisions are poised to provide a more favorable outlook for companies holding digital assets, helping them mitigate the unfavorable optics generated by impairment losses, as stated in the report.
In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
A death cross signals a possible enduring shift towards a bearish momentum, while a golden cross implies the contrary.
Bitcoin may be apolitical, but your outlook on the role of government likely informs your attitude toward this decentralized revolution. While proposed spot bitcoin ETFs from BlackRock and others are novel in some ways, there’s no substitute for holding bitcoin in self custody.
As Wall Street firms race for bitcoin ETF approval, bitcoin advocates urge participants to consider self-custody as a lower cost alternative. Bitcoin BTC 0.0% is a unique asset. Though it exists only in the digital realm, it is also a bearer instrument that does not require any third party to hold or own.
What financial advisors need to know about crypto. The transformation of value in the digital age. Roger Ver, an early Bitcoin advocate who now advocates for the Bitcoin Cash blockchain, has been accused in court by Genesis of failing to settle cryptocurrency options, with $20.9 million of damages sought.
The Blockchain Association has sent a letter requesting an investigation into the seemingly non-conforming approval. Bitcoin adoption in Norway has been slow, but the dwindling value of the nation’s currency and growing concerns about the economy might speed it up.
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