The U.S. Financial Accounting Standards Board (FASB) has introduced a groundbreaking update that's set to change how companies account for Bitcoin and other eligible crypto assets. Starting today, businesses can measure their Bitcoin holdings at current market prices, making financial reporting more accurate and transparent.

Bitcoin, the leading cryptocurrency, reached a new record high of $106,533 at 00:39 UTC on the Bitstamp exchange.

Bitcoin (BTC) price surged over 2 percent in the past 24 hours to reach a new all-time high (ATH) of about $106,352 for the first time in 16 years of existence. As a result, the total crypto market cap is only $130 billion shy of hitting $4 trillion for the first time since inception.

MicroStrategy may have made its first Bitcoin purchase above $100,000 per coin, potentially bringing its Bitcoin holdings closer to a $50 billion valuation.

Bitcoin's rise to $106,533 reflects a strong market momentum as President-elect Donald Trump hinted at a groundbreaking plan to establish a U.S. Bitcoin strategic reserve during his interview with CNBC. With a recent price of $105,688, the cryptocurrency has increased by more than 50% since the election on November 5.

The cryptocurrency market witnessed a significant upswing on December 16, with Bitcoin (BTC) hovering around $105K at press time. Earlier, BTC reached an all-time high of $106,400. The broader market followed suit, as major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), recorded steady gains.

The Fed is likely to deliver a “hawkish rate cut,” with hints of less easing next year.

Analysts thinj bitcoin price may see more upward momentum through the end of the year and into 2025.

Bitcoin surged to an all-time high above $106,000 on Monday, fueled by speculation that President-elect Donald Trump plans to create a U.S. bitcoin strategic reserve. The post Bitcoin Soars Past $106,000 Amid Hopes of U.S. Strategic Bitcoin Reserve appeared first on Cryptonews.

Trump proposes Bitcoin reserve to secure U.S. economic leadership and combat inflation. The initiative could drive Bitcoin's market cap to $15 trillion, with prices potentially surpassing $500,000 per coin.

Bitcoin rallied to a new all-time high Sunday evening as investors awaited an expected interest rate cut by the Federal Reserve later this week.

Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone.

As of today, the Financial Accounting Standards Board will put its fair value accounting rules on BTC and other eligible crypto assets into effect.

Today, the crypto prices reflect bullish momentum as Bitcoin (BTC) touched a historic all-time high of $106K. Major altcoins like Ethereum (ETH), XRP, and Solana (SOL) also witnessed gains over the last 24 hours.

Bitcoin price started another increase above the $100,000 resistance zone. BTC is up nearly 5% and it traded to a new all-time high above $106,400.

Bitcoin price surged over $106,000 amid optimism about President-elect Donald Trump's plans for a supportive regulatory environment for digital assets.

Here's how BTC price could react to the upcoming Fed rate meeting.

Major corporations like Tesla and MicroStrategy are adopting Bitcoin as a treasury asset, leveraging its deflationary properties as a hedge against inflation and economic uncertainty.

Bitcoin's price, now hovering between $105,025 to $105,269, showcases a lively market with a 24-hour trade volume hitting $82 billion and a market cap soaring to $2.08 trillion. Bitcoin On the 1-hour chart, bitcoin‘s recent leap past $105,000 highlights a powerful bullish breakout, touching a record peak at $106,533.

XRP demand rises as SEC's appeal deadline nears and Gensler's exit looms, with market focus on Crenshaw's key reappointment vote.

Explore why companies are increasingly adopting Bitcoin as a treasury asset, highlighting examples like MicroStrategy and Tesla, and discussing the implications of this trend on global finance.

The U.S. dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal Reserve will cut interest rates this week but then signal a measured pace of easing for 2025.

Bitcoin hit $105,100 on Dec. 15, smashing its previous record as speculation swirls around President-Elect Donald Trumps potential plan to designate the cryptocurrency as a US reserve asset. Bitcoins value has risen 20% this month, maintaining its position above $100,000.

MicroStrategy's Michael Saylor has posted the same Bitcoin chart for five consecutive Sundays, and every time, MicroStrategy confirmed a new Bitcoin purchase the following day.

Bitcoin, the flagship cryptocurrency, soared past the $105,000 mark on Dec. 15, 2024, reaching an intraday peak of $105,149 per coin. This represents a 4% increase against the U.S. dollar within the day, showcasing a strong performance in the crypto market.

It comes as the Federal Reserve is expected to go ahead with a rate cut next week, rumors that Trump may use Bitcoin as a US reserve asset from “day one” and more.

Bitcoin is posting new highs, bolstered by various tailwinds, including market reactions to President-elect Donald Trump.

Bitcoin surged to a record high above $105,000 in early Asian trade on Monday, extending gains made since Republican Donald Trump, who has promised to champion cryptocurrencies, was elected U.S. president in November.

Bitcoin has surged past $105,000 for the first time ever, making a new all-time high mere minutes after breaking $104,000. This comes as optimism remains sky-high on the back of a crypto-friendly US presidential administration.

According to the latest stats, Bitcoin's network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network's computing might has hit a record-breaking high of 805 EH/s.

This week, Jack Mallers, the CEO and founder of Strike, dished on President-elect Donald Trump's plan to establish a strategic bitcoin reserve on his very first day in office via an executive order. Jack Mallers Stuns Timcast Host Tim Pool The buzz around a strategic bitcoin reserve for the U.S.

Michael Saylor predicts MARA Holdings will be the next Bitcoin firm to join the Nasdaq 100. Fred Thiel congratulated Saylor's MicroStrategy for becoming the first Bitcoin treasury company in the Nasdaq 100.

The co-founders of crypto analytics firm Glassnode have predicted a potential rally in Altcoins, just in time for the holiday season. What Happened: Jan Happel and Yann Allemann, who are known as Negentropic on social media X, have shared their insights.

Bitcoin bulls are attempting to push BTC price above teh $104,088 all-time high, and charts suggest ETH, LINK, AAVE and BGB will be the first to breakout.

Grant Cardone advocates combining real estate and Bitcoin. By using real estate cash flow to buy Bitcoin, he opines that investors benefit from Bitcoin's price swings while protecting against inflation.

A renowned economist disagrees with Bitcoin supporters who claim that cryptocurrency could someday solve the national debt of the United States.

On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today's star performer is Ethena's ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%.

In a surprising development over the past weekend, one of the world's largest cryptocurrency exchanges experienced an unusual surge in Bitcoin (CRYPTO: BTC) activity. What Happened: Whale Alert, a service that tracks crypto transactions, recorded a series of large transfers, indicating over a billion dollars' worth of Bitcoin moving between wallets.

Michael Saylor, co-founder of MicroStrategy, has sparked speculation about another major Bitcoin acquisition.

Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97.

Bitcoin has smashed through $103,000, sitting just shy of its all-time high of $103,679, igniting discussions about a possible surge beyond uncharted territories. Governments, especially in the United States, Japan, and Russia, are sharing their intent to integrate Bitcoin into their national financial arsenals, raising the stakes in the global race for crypto dominance.

Asset management titan BlackRock's head of exchange-traded funds (ETFs) reportedly says that demand for Bitcoin (BTC) and Ethereum (ETH) ETFs is only just beginning to scratch the surface.

The price of Bitcoin came within a few hundred dollars of the record Sunday while other assets like Dogecoin and XRP are quietly climbing.

Bitcoin has two key entry points where stablecoin inflows hit record highs. Will these game-changers trigger BTC's next big move?

Bitcoin institutional adoption surges, MicroStrategy makes another massive BTC purchase, and Avalanche secures major funding in today's edition of the weekly recap. U.S. Bitcoin ETFs breach $50.

Bitcoin has experienced a calm weekend, maintaining its momentum above the $100,000 mark after breaking this milestone on Wednesday and setting new highs. The crypto market is buzzing with anticipation as BTC consolidates near its historic levels, with traders and investors eagerly awaiting its next move.

The CEO of digital assets-focused investment firm Pantera Capital says his firm owns a handful of other crypto in addition to Bitcoin (BTC). In a new CNBC interview, Dan Morehead says that he thinks Bitcoin and crypto still have more room to the upside this cycle.