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The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets.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 | Oct 15, 2024 | Investing News, Market News, Stock Market
U.S. stock markets experienced a significant pullback on Tuesday, with the Dow Jones Industrial Average closing down 324.80 points, or 0.75%, at 42,740.42. This decline marked a retreat from the record highs reached in the previous session, as traders digested the...