Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageJanuary 24, 2025

SEC Rescinds SAB 121: What it Means For Crypto Industry and Bitcoin?

In a major move for the crypto market, the SEC has officially rescinded SAB 121, a ruling that previously prevented banks from holding crypto assets due to its accounting requirements.
Publisher: CoinPedia
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageCoinPedia
January 24, 2025

Crypto Market Today (January 24th, 2025): Bitcoin Price Climbs Amid Trump's Executive Order | MNT Price Surges 14.11%

The crypto market today has been on a rollercoaster ride, highlighting a mixed bag of positive and negative price trends. Talking about the industry's market cap, the business's valuation has grown by 2.35% in the last 24 hours to $3.6 trillion. The trading volume rose significantly by 39.60% signaling growing investor interest.

Negative
cover-imageThe Currency Analytics
January 24, 2025

Goldman Sachs CEO Clarifies Bitcoin's Role, Dismisses Dollar Threat

Goldman Sachs CEO David Solomon recently weighed in on the ongoing debate surrounding Bitcoin and its potential threat to traditional currencies, particularly the US dollar. Speaking at the World Economic Forum in Davos, Switzerland, on January 22, Solomon expressed confidence in the enduring strength of the US dollar but also acknowledged the growing significance of Bitcoin's underlying technology.

Positive
cover-imageThe Daily Hodl
January 23, 2025

President Trump Eliminates SAB 121, Allowing Banks To Custody Bitcoin and Crypto Assets

President Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding crypto assets. The new administration just rescinded Staff Accounting Bulletin 121, which forced banks to identify crypto assets held on behalf of their customers as liabilities on their balance sheets.

Negative
cover-imageBenzinga
January 23, 2025

Bitcoin, Ethereum, XRP, Dogecoin Flat Despite President Trump Signing Crypto Executive Order

Cryptocurrency markets are trading sideways after a volatile Thursday that saw President Trump sign a crypto-related executive order. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $103,650 -0.3% Ethereum (CRYPTO: ETH) $3,268 +0.3% Solana (CRYPTO: SOL) $248.26 -5.6% XRP (CRYPTO: XRP) $3.10 -2.1% Dogecoin (CRYPTO: DOGE) $0.3484 -3.1% Shiba Inu (CRYPTO: SHIB) $0.00001978 -2.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 8.2% and daily active addresses falling by 6.1%.

Positive
cover-imageThe Currency Analytics
January 23, 2025

Matrixport's Bitcoin Outlook: Short-Term Bullish Potential If Key Support Holds

Matrixport, a leading digital asset financial services firm, has offered a fresh perspective on Bitcoin's potential price trajectory, emphasizing its short-term upside if crucial support levels remain intact. According to Matrixport's recent report, Bitcoin's price action is currently testing a pivotal support zone, with macroeconomic influences and institutional engagement creating a conducive environment for a potential price breakout.

Neutral
cover-imageBenzinga
January 23, 2025

Trump Signs Executive Order On Crypto, Bitcoin Reserve To Be 'Evaluated'

President Donald Trump on Thursday has signed executive orders on digital assets, aiming to bolster U.S. leadership in the crypto industry while halting progress on central bank digital currencies. The order establishes a Presidential Working Group on Digital Asset Markets, chaired by White House ‘AI & Crypto Czar' David Sacks.

Next Page 1