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.
Bitcoin Has Surged Nearly 130 So Far In 2023
Bitcoin Has Surged Nearly 130 So Far In 2023 latest news, images, analysis about WEBNov 9, 2023 · Bitcoin notched a new 2023 high Thursday, jumping 4.5% in 24 hours and hovering near $37,200. The cryptocurrency has gained 134% in the last 12 months, and it's up 122% year-to-date.
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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.
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A death cross signals a possible enduring shift towards a bearish momentum, while a golden cross implies the contrary.
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