Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

Warren Buffett and Berkshire Hathaway invested in the pre-IPO tech firm Snowflake. Over the long term, the shifting trend to digital could buoy Bitcoin. Ahead of its initial public offering (IPO), Warren Buffett and Berkshire Hathaway invested in tech-cloud company Snowflake. Buffett has largely avoided tech companies for many years, investing heavily in banks. That…

Defi platform DMM, backed by Tim Draper, has successfully completed its IDO despite users reporting a myriad of issues. 1337 Total views 19 Total shares Lending platform Defi Money Market (DMM) — backed by Tim Draper’s Draper Venture Network — has had a difficult birth.The Initial DEX Offering (IDO) has completed successfully, raising $6.5 million…

In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins that reside outside of the top-10 being ignored. For example, Zilliqa (ZIL) has rallied 69% in the last 30-days.…

Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry.

The funding round had backing from some of crypto’s biggest venture funds, which continue to bet big on the future of DeFi. 538 Total views 10 Total shares Decentralized exchange aggregator 1inch Network has concluded a sizable Series B investment round, raising $175 million as part of a broader effort to expand protocol utility and…

Hedge funds and debt investors have already purchased some of the claims. 296 Total views 23 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTInstead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their…

Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry has sprung forth and a quasi-gold rush rivaling that of the 1850s has taken the world by storm.As…

The United Kingdom tax collection service published its first detailed tax legislation for private cryptocurrency holders Dec. 19 following a lengthy consultation period.Its new policy paper, “Cryptoassets for Individuals,” sets out likely tax obligations for private investors who buy, sell, get paid in and even lose cryptocurrency.Capping months of uncertainty among U.K. taxpayers over what…