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.
In the crypto market, Bitcoin tumbled to RM293,647 due to rising US bond yields and the upcoming US Presidential election ...
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Bitcoin tumbled by 6%, falling to $60200, as over $500 million in liquidations rocked the crypto market. #crypto #trading ...
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.
Bitcoin appeared poised to make another run at $70000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices ...
It also helps explain why gold rose and bitcoin tumbled alongside equity markets last week after Iran launched missiles at Israel, ...