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.
Is Ethereum Better than Bitcoin? It’s clear that there are benefits to using both Bitcoin and Ethereum. Bitcoin has a lower coin supply and is more liquid than Ethereum, but Ethereum has better technology and provides more uses than Bitcoin does.
Unlike Bitcoin, Ethereum wasn’t developed only to function as a digital currency but also to use the concept of blockchain technology for a range of other applications. That said, Ethereum’s digital token Ether (ETH) is the world’s second-largest cryptocurrency by market cap after Bitcoin.
You may think of Bitcoin and Ethereum, as a lot of us do, as Apple and Microsoft of crypto. However, unlike Apple and Microsoft, they are completely different from one another. Both have very different objectives in mind. In fact, other cryptocurrencies compare a lot closer to Bitcoin and Ethereum than Bitcoin and Ethereum compare to each other.
For example, Litecoin is a lot more like Bitcoin than Ethereum is, and NEO is a lot more like Ethereum than Bitcoin is. The same is true when trading cryptos, too - using the best exchanges (i.e. Binance or Coinbase ), you'll see that the prices differ significantly, too. I’ll get to that in another article, though.
Legendary investor Paul Tudor Jones has reaffirmed his belief in crypto, saying that scarce digital assets will have value in the ...
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Please understand that leverage trading is very risky and around 80% of people who leverage trade have a net loss over a long ...
Senator Lummis stated Bitcoin, Ethereum and a few others are commodities but the vast majority are securities.
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