Buzzwords, De-buzzed: 10 Other Ways to Say آسرون

Posted by Cooley on June 14th, 2021

Over the weekend, the price of Bitcoin briefly fell to around ,000, more than 50 percent down from its high last month. It has recovered somewhat and is currently trading at around ,000.

“About billion of long positions were liquidated last week,” Sam Bankman-Fried, the chief executive of the crypto derivatives exchange FTX, told the DealBook newsletter. “In terms of price movements: the biggest part of it is liquidations,” he said, suggesting the worst is over.

But he also noted news from China late Friday of a crackdown on Bitcoin mining and trading. This added to other news of official قیمت نبشی scrutiny that has spooked crypto investors in recent days, from Hong Kong, Canada and the United States.

Companies with Bitcoin on their balance sheets may be getting nervous. For accounting purposes, cryptocurrency is valued at its purchase price in company accounts. If it goes up in value, this isn’t reflected in a company’s accounts but if it falls, the value is impaired and puts a dent in quarterly profits. Three big corporate investors in Bitcoin are Tesla, MicroStrategy and Square. Here’s where they stand: