🚀 Big news in the crypto world! The new FASB fair value accounting rule is now in effect, allowing U.S. companies to report Bitcoin at its current market value. This change could boost corporate adoption and align asset valuation with real-time market conditions. 📈
- Bitcoin recently spiked above $106K, driven by strategic reserve talks and market dynamics, but has since pulled back.
- Solana shines with record-breaking revenue, while Chainlink's LINK bucks the trend with a 4% rise.
- Keep an eye on upcoming Fed decisions and market reactions.
What do you think about these developments? Share your thoughts in the comments!