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Grayscale expands asset considerations with 36 new cryptocurrencies including Dogecoin
Grayscale expands asset considerations with 36 new cryptocurrencies including Dogecoin

Share link:In this post: Grayscale has updated its list of assets under consideration with 36 new crypto projects including Dogecoin and Arbitrum. Kaspa is the only currency on the list and its token is up more than 4% in reaction. Grayscale is launching multiple crypto investment products in a bid to provide more exposure for investors.

Cryptopolitan·2024/10/12 16:51
El Salvador accepts offers for debt repurchase totaling $940 Million
El Salvador accepts offers for debt repurchase totaling $940 Million

Share link:In this post: El Salvador has begun buying back its sovereign bonds that are due between 2027 and 2052. The South American nation has provided requirements that should be met to aid the debt buyback from bondholders. Nayib Bukele continues to receive criticism for making Bitcoin a legal tender in El Salvador.

Cryptopolitan·2024/10/12 16:51
Hamster Kombat denies its relationship with Gotbit
Hamster Kombat denies its relationship with Gotbit

Share link:In this post: Hamster Kombat clarifies that it has never worked with Gotbit as a market maker. Reports show that the HMSTR CEO has been arrested in ties to Gotbit Consulting. Investors have called out the HMSTR team for denying collaboration with Gotbit after an official post made in April of this year.

Cryptopolitan·2024/10/12 16:51
How high can Ripple’s XRP go if the SEC Approves an XRP ETF?
How high can Ripple’s XRP go if the SEC Approves an XRP ETF?

Share link:In this post: Bitwise registration of an XRP investment instrument in Delaware at the beginning of October has investors waging on an XRP ETF in 2025. Ripple Labs and the US SEC are going back to court over XRP sales. A change in the US President or SEC administration could be critical for XRP’s ETF progress.

Cryptopolitan·2024/10/12 16:51
Flash
00:41
CITIC Securities: It is recommended to include exchange rates in profit analysis and pay attention to the performance expectations gap of companies with high overseas exposure and high exchange rate sensitivity.
Exchange rates impact statements through revenue/costs/foreign exchange/derivatives and OCI. In terms of investment, it is recommended to include exchange rates in profit analysis: pay attention to the forecast discrepancies of companies with high overseas exposure and high foreign exchange sensitivity, choose profit-stable assets with high overseas exposure but low sensitivity, and be alert to the shocks caused by high foreign currency debt, large net exposures, and inadequate hedging.
00:40
Nikkei Index falls 1.2% dragged down by technology and metal stocks
After Kuwait was subjected to a large-scale ballistic missile and drone attack on Wednesday, investors are closely monitoring developments in the Middle East.
00:39
Israel's Tax Authority receives only $50 million reported in cryptocurrency voluntary disclosures
According to Cointelegraph, the Israel Tax Authority expressed disappointment with the results of its voluntary disclosure policy on cryptocurrency. The agency initially aimed to collect up to 1 billion US dollars in tax revenue through the policy to be implemented by August 2025, but so far has received only 58 disclosures, involving approximately 50 million US dollars in crypto capital. Under the policy, taxpayers holding crypto assets worth no more than roughly 522,000 US dollars who properly disclose and pay taxes before August 31, 2026 can avoid criminal charges. Tax experts believe that the lack of early-stage certainty and anonymity in the process has weakened taxpayers’ willingness to participate. A report from the Bank of Israel shows that local residents hold about 1 billion US dollars in crypto assets.
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