Month: May 2022

Michael Saylor welcomes FASB vote to review crypto accounting standards

boss

Bitcoin proponent and MicroStrategy CEO Michael Saylor has welcomed the U.S. Financial Accounting Standards Board (FASB) vote to review accounting rules for digital assets and commodities. As it stands under current FASB guidelines — which is the source of authoritative Generally Accepted Accounting Principles (GAAP) — companies must report digital assets such as BTC as “intangible assets” on their balance sheets. This is due to crypto not meeting the agreed definition of “cash and cash equivalents, financial instruments, financial assets, and inventory” amongst the agency. As crypto is deemed as…

Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law – Regulation Bitcoin News

boss

The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as a virtual asset protected by Chinese law despite the ban on cryptocurrency trading in China, Sina reported Friday. The court’s official Wechat channel posted a notice last week stating: In the actual trial practice, the People’s Court has formed a unified opinion on the legal…

Found $50,000 of Aquamarine Crystals! – Unbelievable Find (Location: PRIVATE MINE)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Download Fishing Clash now and start catching some amazing fish! Don’t forget to use my discount code: FISHWITHDALLMYD In this video I team up with @Mount Antero Treasures Productions to find rare Aquamarine crystals in Colorado! Make sure to subscribe to his channel to stay up to date with his private mine! Want to watch more crystal hunting videos? Hunting for Gem Stones Playlist: Follow me on all social media! Facebook: TikTok: Instagram: Twitter: Have you lost something and would like me…

Bitcoin Remains Fragile, What’s The Next Major Support Area?

boss

Bitcoin has shed close to 20% of its market value over the last week. King coin underwent six consecutive weeks of bearish pressure. The coin has retested levels that it touched in August, last year. Price had tried to briefly recover as BTC tried pushing the $32,000 price level over the last 48 hours. Ever since Bitcoin breached the $37,000 level, it has been a free fall for the asset. Bitcoin’s all-time high was $68,000 which it secured in November 2021. The $37,000 price mark had acted as a support…

Miners ‘not impacted by volatility’ in Bitcoin market

boss

Despite steadily declining prices of Bitcoin and turmoil on the markets today, some of the largest mining companies are unfazed and insist their operations will not be affected by negative price volatility. Some even see it as an opportunity to gain market share as smaller competitors collapse. Bitcoin (BTC) prices have been on a steady decline all year up to the past 24 hours, when the crash accelerated to reach the lowest point since December 2020. However, miners have not been deterred amid that tremendous pressure. Some may even have…

BITCOIN HOLDERS…WHEN BITCOIN CRASHED IN 2021

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I want to show you guys what happened mid-2021 when Bitcoin crashed to $28,000. Extreme fear among investors. Listen to what I said before and what I’m saying now. 🔴New CryptosRus Clips Channel: 🚨I Am George NFTs: 💸Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) 🚀Buy Bitcoin, Crypto & NFTs on FTX US (10% Discount on Fees) 💰Earn 12.6% APY w/ Deposits and Trade Crypto w/ Vauld: 💳Blockfi Bitcoin Reward (1.5% Back in BTC) Credit Card: 🔥 File…

Bitcoin at 16-Month Low as UST Collapse Shows Risks of ‘Algo’ Stablecoins

Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $28,500, down about 7%, although it fared better than most other major cryptos, underscoring its status as a less risky option during tumultuous times for the wider digital assets market. Ether, the second-largest crypto by market cap, was also off, declining approximately 11% over the same period, to roughly $2,050. Original Source 16monthAlgoBitcoinCollapseRisksShowsStablecoinsUST CryptoX Portal

‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features – Bitcoin News

boss

Economist Nouriel Roubini, a crypto skeptic known as “Dr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dollar. “Our goal is to create a global store of value … This is something akin to a substitute for Treasuries, or a digital asset that has payment features in it.” Nouriel Roubini’s Tokenized USD Alternative Economist Nouriel Roubini revealed this week that he is developing a suite of financial products, including a tokenized asset, called the United Sovereign Governance Gold Optimized Dollar (USG), to act as a…

LA TECNOLOGÍA DE BLOCKCHAIN TE EXPLOTARÁ LA CABEZA #Shorts

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚩Sé el primero en ver los videos! Activa la 🔔 🏆 XMGuild Discord: 🏆 XMGuild Twitter: 🥇 Canal Principal: 📧 Business: Willyrexchange@gmail.com 📷 Instagram: 🎵 TikTok: ▶️ Twitter: ▶️ Facebook: Disclaimer: No soy un Asesor Financiero, todo el contenido en este canal es con fin de entretener. Actúa de manera responsable e inteligente a la hora de Gastar e Invertir tu dinero. #NFT #Willyrex #Metaverso ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version