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 Is Often Considered To Be A Store Of Value Like Gold
Bitcoin Is Often Considered To Be A Store Of Value Like Gold latest news, images, analysis about Throughout 2020, Bitcoin was frequently described as the ‘digital gold.’ The market leading cryptocurrency mirrored the precious metal’s trajectory and began to emerge as a potential store of wealth as the global economy faltered against the backdrop of the coronavirus pandemic. Following the global all markets crash … See more
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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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