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Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations
Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations
News  -  Bitcoin  -  Dec 13, 2023 by Deniz Saat

The Financial Accounting Standards Board (FASB) unveiled new regulations requiring companies to value Bitcoin and cryptocurrencies at fair value. These regulations are scheduled to take effect on December 15th, 2024, although companies have the option to adopt them sooner. These guidelines in the U.S. mandate that businesses report the

Blockstream Unveils Basic Note Series 2 Following $5 Million Series 1 Raise
Blockstream Unveils Basic Note Series 2 Following $5 Million Series 1 Raise
News  -  Bitcoin  -  Dec 13, 2023 by Deniz Saat

Blockstream, a Bitcoin infrastructure company, recently announced the launch of the second series of its Bitcoin-based investment product, the Blockstream ASIC (BASIC) Note. This follows the initial series, which reportedly met with high demand from investors. The first series was launched in September 2023, during which Blockstream invested approximately $4.

Gensler Is Taking ‘New Look’ at Proposals for Spot Bitcoin ETFS
Gensler Is Taking ‘New Look’ at Proposals for Spot Bitcoin ETFS

In a recent CNBC interview, Gensler revealed that the SEC is currently evaluating "between eight and a dozen filings" for a spot Bitcoin ETF. https://twitter.com/GhostofWhitman/status/1735406953294155903 However, while addressing the submissions, he hinted at the SEC's track record of rejecting similar proposals

News  -  Bitcoin  -  Dec 15, 2023
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Gensler Is Taking ‘New Look’ at Proposals for Spot Bitcoin ETFS
Gensler Is Taking ‘New Look’ at Proposals for Spot Bitcoin ETFS

In a recent CNBC interview, Gensler revealed that the SEC is currently evaluating "between eight and a dozen filings" for a spot Bitcoin ETF. https://twitter.com/GhostofWhitman/status/1735406953294155903 However, while addressing the submissions, he hinted at the SEC's track record of rejecting similar proposals

News  -  Bitcoin  -  Dec 15, 2023
Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations
Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations

The Financial Accounting Standards Board (FASB) unveiled new regulations requiring companies to value Bitcoin and cryptocurrencies at fair value. These regulations are scheduled to take effect on December 15th, 2024, although companies have the option to adopt them sooner. These guidelines in the U.S. mandate that businesses report the

News  -  Bitcoin  -  Dec 13, 2023
Blockstream Unveils Basic Note Series 2 Following $5 Million Series 1 Raise
Blockstream Unveils Basic Note Series 2 Following $5 Million Series 1 Raise

Blockstream, a Bitcoin infrastructure company, recently announced the launch of the second series of its Bitcoin-based investment product, the Blockstream ASIC (BASIC) Note. This follows the initial series, which reportedly met with high demand from investors. The first series was launched in September 2023, during which Blockstream invested approximately $4.

News  -  Bitcoin  -  Dec 13, 2023
Senator Elizabeth Warren Proposes Legislation To Crack Down on Bitcoin
Senator Elizabeth Warren Proposes Legislation To Crack Down on Bitcoin

Today, U.S. Senator Elizabeth Warren proposed a bill aimed at tackling the purported misuse of digital currencies in illegal activities, highlighting issues such as money laundering, drug trafficking, and evasion of sanctions, among others. https://twitter.com/BITVOLT7/status/1734278575694717046 The legislation, backed by a group within the Banking

News  -  Bitcoin  -  Dec 11, 2023
JPMorgan CEO Says to 'Close Down' Bitcoin and Crypto
JPMorgan CEO Says to 'Close Down' Bitcoin and Crypto

During a hearing before the U.S. Congress, the CEO of JPMorgan Chase sparked debate with his critical views on Bitcoin and the cryptocurrency market. He stated that if he were in a governmental position, he would take steps to "close down" Bitcoin and cryptocurrencies. https://twitter.com/

News  -  Bitcoin  -  Dec 06, 2023
21 Changes in BlackRock's Recent Spot Bitcoin ETF Application
21 Changes in BlackRock's Recent Spot Bitcoin ETF Application

BlackRock has updated its S-1 form for the iShares Bitcoin Trust, a proposed spot Bitcoin exchange-traded fund (ETF), with a seed investment of $100,000.  On December 4th, 2023, the company introduced a number of amendments focusing on aspects such as the Trust’s structure, operations, risks, and disclosures.  These

News  -  Bitcoin  -  Dec 06, 2023
Block Launches a Decentralized Bitcoin Protocol in Africa
Block Launches a Decentralized Bitcoin Protocol in Africa

TBD, a subsidiary of Block specializing in decentralized technologies, has introduced tbDEX, an open-source protocol designed to connect traditional financial systems with the growing Bitcoin ecosystem. tbDEX, aiming to enhance trust and liquidity in various financial environments, has been adopted first by Yellow Card, a leading Bitcoin and cryptocurrency exchange

News  -  Bitcoin  -  Dec 01, 2023
Samson Mow Acknowledges Mathematical Basis for $1 Million Bitcoin Prediction
Samson Mow Acknowledges Mathematical Basis for $1 Million Bitcoin Prediction

Samson Mow, the CEO of JAN3, has been a key figure in discussions about Bitcoin's future value. While he does not claim ownership of the predictions that Bitcoin could reach $1.4 million or $47 million per coin, he acknowledges the mathematical basis of these figures, proposed by

News  -  Bitcoin  -  Nov 29, 2023
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