Key Takeaways The SEC has replaced SAB 121, offering a principles-based approach for crypto custody accounting. Under SAB 122, banks are allowed to use established accounting principles to assess and record potential risks associated with holding customer crypto. Share this article The US SEC has issued Staff Accounting Bulletin No. 122 (SAB 122), rescinding specific…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance…
Este artículo también está disponible en español. Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange’s hot wallets, resulting in a temporary half of withdrawals. Related Reading Phemex Suffers…
Este artículo también está disponible en español. Ethereum price is consolidating above the $3,180 support. ETH must clear the $3,350 resistance zone to start a fresh increase in the near term. Ethereum started a fresh increase from the $3,180 support zone. The price is trading above $3,250 and the 100-hourly Simple Moving Average. There was…
El precio de Bitcoin se estableció por encima de la zona de resistencia de $100,500. BTC está consolidando ganancias y podría apuntar a un nuevo aumento por encima de la zona de $105,000. Bitcoin inició una corrección a la baja desde la zona de 106.800 dólares. El precio se cotiza por debajo de $104,000 y…
Este artículo también está disponible en español. On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB…
Este artículo también está disponible en español. Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local high of $27 yesterday. This pullback reflects the heightened volatility sweeping through the cryptocurrency market, particularly affecting altcoins. Many altcoins, including Chainlink, are facing sharp declines and aggressive price swings as…
Key Takeaways Senator Lummis is advocating for a US strategic Bitcoin reserve strategy to address inflation concerns. The BITCOIN Act proposes the US Treasury acquire 1 million Bitcoins over five years with a 20-year holding period. Share this article Senator Cynthia Lummis is set to make a major announcement today at 10 a.m., which could…
Este artículo también está disponible en español. Después de un accidente flash a $ 89,256 a principios de este mes, Bitcoin (BTC) se recuperó rápido, alcanzando un nuevo máximo histórico (ATH) de $ 108,786 el 20 de enero. Sin embargo, según un analista de criptográficos, podría limitarse hasta que se limitara hasta el lugar hasta…
Key Takeaways Trump issued an executive order establishing a Presidential Working Group on Digital Asset Markets, further moving closer to a strategic Bitcoin reserve. Speculation grows on a strategic Bitcoin reserve as Cynthia Lummis leads efforts in bipartisan digital asset legislation. Share this article President Donald Trump has signed an executive order establishing the Presidential…
