Laurent Kssis, a crypto trading adviser at CEC Capital, said that with GBTC trading at such a discount, it makes sense to hold some of the shares, although traders must be brave if bitcoin’s price continues to slide. Kssis said that he isn’t hearing of investors buying more GBTC shares on Monday ahead of Tuesday’s hearing, but he is seeing most investors hedging against a possible drop in bitcoin’s price.
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New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment...