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.
BlockFi, a cryptocurrency-based lender, says it will launch its Bitcoin Rewards Visa Credit Card, the first credit card to offer rewards in bitcoin, in early 2021. Cardholders will earn 1.5% back on each purchase, all in the form of bitcoin.
With the Upgrade Bitcoin Rewards Card, you'll earn an unlimited 1.5% back in Bitcoin, but you won't receive the rewards until you pay off your purchases on the card. As you make payments on your purchases, Bitcoin will be purchased on your behalf and held in a wallet provided by NYDIG, a custody and trading platform.
It’s about to get a lot easier to earn bitcoin thanks to a first-of-its-kind credit card: the BlockFi Rewards Visa® Signature Credit Card. While there are debit cards by Coinbase and Fold that offer bitcoin rewards, this is the first credit card that rewards you with the cryptocurrency, instead of points or miles.
Instead of earning traditional rewards with a cash back credit card, this card gives you 1.5% back in Bitcoin as you make monthly payments. That’s not the highest return on your spending available, but flat rewards can help you maximize every dollar.
Credit Kae spill an industry secret in this quick how to video. More detail video to come. Upgrade credit card Follow credit kae on ...
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