KPMG adds BTC to its corporate balance sheet

Big Four auditor KPMG’s Canadian operation has officially added Bitcoin (BTC) to its corporate treasury, joining other major companies in converting a portion of its fiat holdings into digital assets. The decision to add Bitcoin and Ether to its balance sheet reflects KPMG Canada’s belief that cryptocurrencies are a “maturing asset class,” says Benjie Thomas, … Read more

Bitcoin price volatility

Bitcoin price extended decline below the USD 41,800 level. BTC even tested USD 41,250 and recently corrected higher. It is currently (04:01 UTC) trading above USD 41,700, but a break above USD 42,750 is needed for a decent recovery. Similarly, most major altcoins are attempting an upside correction. ETH spiked below USD 3,120, but the … Read more