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.
Mark Yusko is the billionaire investor and Founder of Morgan Creek Capital. His prediction for Bitcoin is that it’ll be worth over $400,000 in the long term, a statement that made headlines because for its grandiose scale. “It’s just math. It is gold equivalent…there are about 20 million Bitcoin available today.
Prevailing, the bitcoin price prediction could skyrocket to $124,867.54 by the end of 2025. On the flip side, if the star crypto falls prey to the bears. Owing to criticism coming from the concerns of mining, energy consumption, and regulation, amongst others.
Experts have analyzed the price action of Bitcoin throughout the years and have estimated that the price of Bitcoin in 2023 will be $31,022.60, at a minimum, with a maximum price of $35.794.96. This makes the average price of Bitcoin in 2023 $32,084.70.
Bitcoin price prediction could propel to a maximum of $18,954.37 by the end of 2022. In contrast, if concerns around PoW chains and energy consumption worsen. We can expect the Bitcoin price to settle at levels around $15,405.825.
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