The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
Bitcoin (BTC-USD) continued its downward trajectory on Thursday, touching its lowest levels since November, trading as low as $92,500. The decline marks a stark contrast to the cryptocurrency's meteoric rise in the weeks following President-elect Donald Trump’s...
US equity futures traded within narrow ranges on Thursday as investors took a pause from the record-breaking rally that has characterized recent market activity. Amid this quieting in stocks, Bitcoin made headlines by surging above the $100,000 mark for the first...
On Tuesday night, Bitcoin surged to a new all-time high, breaking past $75,000 for the first time in history. The price of the leading cryptocurrency touched a peak of $75,361 according to CoinMarketCap, marking a more than 9% increase in just 24 hours. This rally...
Cryptocurrency trading has emerged as a popular and lucrative endeavor in recent years. With the ever-increasing interest in digital currencies like Bitcoin, Ethereum, and a multitude of altcoins, traders are constantly seeking strategies to maximize profits and...
Cryptocurrency has evolved significantly over the past ten years, with several notable developments and trends shaping its trajectory. Here are some key highlights of cryptocurrency evolution during this period: Bitcoin's Dominance: Bitcoin, the first cryptocurrency,...
Binance has announced the launch of a prepaid crypto card in Brazil in partnership with Mastercard Incorporated (NYSE: MA). The prepaid crypto card will be available to all Binance users in Brazil with a valid national ID and alow payments to be made with 13...
Binance.US (CRYPTO: BNB) is set to acquire crypto assets and customer deposits of Voyager Digital in a USD1.02 Billion deal. The move follows the failed acquisition of FTX-Voyager as a result of FTX’s collapse and ex-founder Sam Bankman-Fried’s arrest.The company...
old stocks climbed sharply Friday morning, driven by a surge in gold prices as investors sought refuge from mounting economic uncertainty. B2Gold Corp. (NYSE: BTG) and Barrick Gold Corporation (NYSE: GOLD) both saw shares rise approximately 6% in early trading. The...
Intel Corporation (NASDAQ: INTC) saw its stock plummet by 7.5% on Tuesday, marking a challenging day for the semiconductor giant. The drop comes as the company attempts to stage a comeback under its newly appointed CEO, Lip-Bu Tan. While the stock's decline signals...
US stocks took a massive hit on Thursday, with the Dow Jones Industrial Average tumbling more than 1,200 points, reflecting widespread panic among investors after President Donald Trump's announcement of steep tariffs. The move, which he dubbed "Liberation Day," sent...