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.
Reports of Alameda Research’s alleged dumping of BIT tokens came as the fallout between the principal trading platform’s founder Sam Bankman-Fried (SBF) and the decentralized finance (defi) community Alameda’s regulation of Bitdao worsened.
The dump, if confirmed, would be a breach of a swap agreement between the two entities which prohibits the offloading of each other’s tokens before Nov. 2, 2024.
For many spectators, the Bitcoin Cash hard fork is thought to be the reason for a sizeable drop in the price of Bitcoin this week. But is this really true? Did the Bitcoin Cash hard fork really cause Bitcoin dump? Unlikely. But wait, here’s one very pragmatic reason as to why Bitcoin is struggling in recent days.
Unlikely. But wait, here’s one very pragmatic reason as to why Bitcoin is struggling in recent days. As you may know, traditional markers have really suffered in recent weeks. Apple in particular experienced a significant decline with more than 20% shaved off the stock price.
Why did Bitcoin pump while SP500 actually dumped? Is this a manipulation? Do they know something we dont know?
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