Rumors of BlackRock Shifting from Bitcoin to XRP Lack Credible Sources
The recent buzz about BlackRock, the world's largest asset manager, supposedly changing its digital currency strategy from Bitcoin to XRP, has been scrutinized and found to lack credible sources. The excitement within the XRP community appears to be based on unwarranted rumors. The origin of this ...
MicroStrategy Urges Fair Value Accounting for Crypto Assets on Balance Sheets
MicroStrategy announced that a proposal from the U.S. Financial Accounting Council (FASB) would allow cryptocurrency firms to record crypto assets held on their balance sheets at fair value.</div MicroStrategy officials believe U.S. accounting principles (GAAP) require a ...
Founder of TechCrunch Claims SEC Lawsuit Against Ripple Excludes Non-Wealthy Traders
Founder of news portal TechCrunch and venture capital firm CrunchFund Michael Arrington said that by suing Ripple, the US SEC is trying to make trading available only to the rich. Michael Arrington said this during a podcast with cryptocurrency Influencer Layah Heilpern. ...