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.
Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
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.
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The global crypto market cap is $1.06 trillion as of August 1, 2022. Approximately $112 billion is traded in cryptocurrency per day. 65% of cryptocurrency users are bitcoin owners. $22 invested in Bitcoin in 2012 would be $1 million today. The top 10 cryptocurrencies make up 88% of the total market value.
Top 100 Crypto Coins by Market Capitalization # Name Price 24h % 7d % 1 Bitcoin 1 BTC Buy $48,724.74 1.88% 8.26% 2 Ethereum 2 ETH Buy $3,520.67 0.26% 9.14% 3 Cardano 3 ADA $2.40 0.18% 0.55% 4 Binance Coin 4 BNB Buy $418.04 0.14% 3.05% 39 more rows ...
Live Crypto Prices Rank Coin Price Market Cap All-time High 1 BTC Bitcoin $ 32804.12 $615.30 B $64763.29 2 ETH Ethereum $ 1998.00 $233.16 B $4391.29 3 USDT Tether $ 1.00 $62.277 B $1.18 4 BNB Binance Coin $ 309.46 $47.481 B $691.56 22 more rows ...
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