Palmer Legals Reaching Your Expectation

Advertisements Bitcoin (BTC), the world’s largest cryptocurrency by market value, soared to a record high above $106,000 on Monday after US President-elect Donald Trump proposed creating a Bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto investors. BTC reached an all-time high of $106,533 and was trading 2.2% higher at $104,646 in the past 24 …

Advertisements Why Ethena is pumping: Could it surge by 35%? Advertisements Source link Advertisements

Advertisements As of today, the Financial Accounting Standards Board will put its Fair Value accounting rules on BTC and other eligible crypto assets into effect.  Under the new rules, companies will measure crypto assets at fair value and update them at each reporting period in their financial statements. This will help companies realize both profits and losses based on Bitcoin’s …