by Shivam | Jan 24, 2025 | Blockchain, Cryptocurrency, Economics
The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets.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...
by Elvis Guaman | Nov 6, 2024 | Blockchain, Cryptocurrency, Investing News, Market News, Politics, Stock Market
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...