Triple Entry Bookkeeping With Bitcoin
This article corresponds with David Mondrus' January 29th post entitled "In Mining, We Trust" to the extent that this piece explains from an accounting perspective why a distributed public ledger might be needed, but does not provide a detailed technical description of how it would work. Anyone who spends more than a few minutes around Bitcoin people....
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The only glitch in the bullish setup, for now, remains the Federal Reserve's taper acceleration plans. Cardano (ADA) may rally by nearly 30% in the coming days as it hints at forming a classic bullish reversal pattern.Sharp ADA rebound underwayDubbed "triple bottom," the pattern typically occurs at the end of a downtrend and consists of three consecutive lows printed roughly atop the same level. Meaning, triple bottoms indicate sellers' inability to break below a specific support level on three back-to-back attempts, which ultimately paves the way for buyers to take over.In a perfect....
Bitcoin mining company Blockware Mining has raised $25 million and plans to triple hash rate capacity and build out Kentucky facilities.
Libra, provider of Bitcoin tax accounting service LibraTax, has released two new services to help businesses and CPAs account for digital currency transactions in 2014. The IRS gave guidance that virtual currency is classified as a capital asset and taxable as property rather than currency in 2014. The services - Libra Business and Libra Pro, the latter for CPAs and accounting firms with Bitcoin clients - expands on capital gain/loss tax reporting by introducing familiar reports used for bookkeeping and monthly reconciliation. The Libra software interfaces with the blockchain, the public....
Key Highlights. Dash price forming an interesting pattern, which is a contradicting and divergence signal. There is a Triple top pattern is formed, which is a bearish sign. At the same time, there is a bullish trend line formed (as highlighted in yesterday's post), which is acting as a major barrier for sellers. Dash price is heading towards a major break, as there are several breakout patterns forming on the hourly chart. Triple Top Pattern. A few days ago, we highlighted a double top pattern on the hourly, which stands valid till date. Now, there is a triple top pattern forming, as there....
Immutable’s Robbie Ferguson declared that the Web3 gaming sphere could triple its Daily Active Users (DAU), following an analysis of the modern gaming world. The best new crypto to buy today is one that will rally as a result. Ferguson’s statement included the observation that Player Unknown Battlegrounds’ (PUBG) playerbase currently sits at 1.1B souls, […]