-
House lawmakers are poised to vote Wednesday on whether to overturn a Securities and Exchange Commission staff bulletin related to accounting in digital assets custody. Why it matters: SAB 121 has becoming something of a lightning rod, uniting crypto shops and major banks against the SEC. Catch up quick: The guidance memo — officially Staff Accounting ...
-
The Bitcoin market initially tried to rally during the trading session on Tuesday, only to turn around and show signs of weakness. At this point in time, I think you do need to be cautious about Bitcoin due to the fact that the market is currently waiting to see if interest rates will drop again, and that's what the trading action of the last couple of days ...