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Novogratz: Dangerous Time to Be in Stocks, Bitcoin Has More Upside Than Gold

Galaxy Digital CEO Michael Novogratz explains why it is a dangerous time to be in the stock market right now, leading up to the U.S. presidential election. While bearish on the dollar, Novogratz is bullish on bitcoin and gold but thinks that bitcoin has more upside than gold.Dangerous Time to Be in Stock Market, Buy BitcoinBillionaire investor and Galaxy Digital CEO...

Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days

During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion.The Grayscale Bitcoin Trust (GBTC) is a very popular investment vehicle and in 2020 the trust has obtained a massive amount of BTC. Today, GBTC has $4.7 billion...

Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens

Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ERC20 tokens to connect with the decentralized exchange (dex) Uniswap.The cryptocurrency exchange Kucoin was hacked on September 25, 2020, and early...

$2.4 Trillion Stimulus Package Proposed in US With Second Direct Payments to Americans

A new stimulus package costing about $2.4 trillion is being prepared in the U.S. that includes a second round of stimulus checks for Americans. Since the first coronavirus stimulus package was signed into law, talks of further relief aid have stalled. This new proposal aims to restart the stimulus package discussion.Nancy Pelosi Plans to Introduce a $2.4 Trillion Stimulus PackageHouse Democrats...

Законопроект в Израиле классифицирует биткоин как валюту

В Израиле представлен законопроект, предусматривающий классификацию биткоина в качестве валюты. Об этом пишет местное издание Globes. Четверо законотворцев из партии «Наш дом Израиль» представили проект закона «О налогообложении продаж цифровых валют» в парламент 22 сентября. Они предлагают внести несколько изменений в порядок налогообложения криптовалют, включая поправки в существующее законодательство, для вывода цифровых активов из-под налога на прирост капитала. «Регуляторные реалии в...