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ethereum poised for growth as solana gains traction in crypto market
Solana surged 204% in 2024, driven by decentralized exchange activity and the creation of over 3 million tokens, while Ethereum is poised for a potential breakout in 2025, with predictions of reaching $10,000 amid a favorable regulatory environment and increased staking opportunities. Retail trading has also surged, surpassing 2021 levels, as individual investors flock to cryptocurrencies and popular stocks. However, Ethereum faces challenges from rival blockchains and regulatory headwinds, which may impact its adoption and performance.
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Tesla, Inc. Coinbase Global, Inc. Charles Schwab Corp Robinhood Markets, Inc. Zach Pandl Jesper Johansen Andrew O'Neill Bill Hughes Sr Luke Nolan Show more
Finance & Economy, Market Report
14:00 23.12.2024
new bitcoin accounting rules enhance transparency and drive corporate adoption
The Financial Accounting Standards Board (FASB) has introduced new fair value accounting rules for cryptocurrencies, effective December 15, 2024, enhancing transparency and corporate adoption. Companies will now measure crypto holdings like Bitcoin at fair value, reflecting real-time market fluctuations in financial statements, while non-fungible tokens (NFTs) remain excluded due to valuation challenges. This regulatory shift is expected to streamline accounting practices and encourage institutional adoption of Bitcoin, marking a significant milestone in cryptocurrency accounting.
CryptoSlate
USA Thomas Jeegers Bill Hughes Sr Bill Barhydt Show more
Finance & Economy, Market Report
10:49 16.12.2024
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