“The fifth bitcoin bull market appears to be primarily driven by the expectations of institutional adoption,” the report said. “Bitcoin’s characteristics, which were traditionally associated with assets like gold and other safe-haven investments such as Treasury bonds, have led institutions to consider Bitcoin for diversifying their asset allocation.”
Bitcoin Adoption Accelerates: Truthful Worth Accounting Guidelines from FASB | by Joshua Moroles | The Capital | Dec, 2024
As of December 15, 2024, the groundwork for an enormous wave of Bitcoin adoption is firmly in place. Pushed by...