Bitcoin Price Surges On Positive News: FASB’s Fair Value Recognition Reignites $42,000 Support Recovery
The Bitcoin price experienced a notable downturn as selling pressure intensified, resulting in a decline of over 4% from its annual peak of $44,500. This downturn was further exacerbated by the loss of the crucial $42,000 support level. However…
Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain
Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.
The Protocol: Crypto Spring Is Airdrop Season With Tokens From Starknet, LayerZero
In this week's issue of The Protocol newsletter, we're covering Worldcoin's latest update, airdrop season, the new Bitcoin wallet from Jack Dorsey's company and the "data availability" network Celestia's market-moving plan to plug into Polygon's…
S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings
In a combination of both traditional and decentralized finance (defi) sectors, S&P Global Ratings has announced the launch of its stablecoin stability assessment. The latest tool aims to evaluate the ability of stablecoins to maintain their value…
Bitcoin Sees Surge In Whale Activity, Will This Affect Price?
Recent reports have revealed that Bitcoin (BTC) is experiencing a significant surge in whale activity, which has since caused quite a stir in the entire crypto community. Bitcoin Experiences Surge In Whale Transactions According to Whale Alert…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
Crypto Pundit Predicts That XRP Price Will Rise “Dramatically,” Here’s When
Crypto analyst Austin Hilton is the latest to give his opinion on the future trajectory of the XRP price going forward. Specifically, Hilton noted two events that will spur XRP’s price to go up “dramatically.” The analyst also outlined other…
From Infancy to Giant — Tracing Bitcoin’s Roots in Satoshi’s Final Communication
Roughly thirteen years ago, the mysterious creator of Bitcoin, Satoshi Nakamoto, posted their final message on the bitcointalk.org forum on Dec. 12, 2010. Nakamoto’s brief yet impactful message alerted the community to the ongoing need for…
Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S.
Crypto exchange Coinbase will soon be offering the option to spot trade cryptocurrencies outside of the U.S. as part of its global expansion efforts, the company announced in a blog post Wednesday.
Santiment Points Out Trigger Behind 65% Cardano Rally
The on-chain analytics firm Santiment has revealed a Cardano pattern that may have contributed as a trigger for the recent 65% rally in ADA’s price. Cardano Observed A Sudden Loss Of Wallets Prior To Rally As explained by Santiment in a post…
FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings
The Financial Accounting Standards Board, a U.S. entity that details how companies should report assets on their balance sheet, published a standards update on Wednesday that will let corporations recognize "fair value" changes in crypto holdings.
Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules
Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect on December 15, 2024, but companies…
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7…
IntroductionJudaism is based on a construct of ethical codes of conduct that are taught at weekly gatherings. Each week on Saturday mornings, Jews come together to read a weekly portion of the Torah (Old testament) to learn about the tenets of…
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