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

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekWhich way Bitcoin price? Current “stablecoin” period mimics early 2017Bitcoin’s price has…

The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered. 701 Total views 4 Total shares During an ask-me-anything (AMA) session on Twitter Spaces on Nov. 14, Binance CEO Changpeng Zhao, also known as CZ, urged crypto users to take responsibility for their investment…

Major U.S. venture capital firm Andreessen Horowitz has began publishing educational material from its crypto-focused bootcamp. 1366 Total views 38 Total shares Venture capital firm Andreessen Horowitz — also known as a16z — has started releasing an online version of "Crypto Startup School," its seven-week education course for industry entrepreneurs. Two lectures from week one were…

MATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team. 1127 Total views 7 Total shares The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon. Ethereum’s EIP-1559 upgrade shipped with its London hard fork…

Ether (ETH) prices slid in tandem on July 20, in tandem with Bitcoin's (BTC) drop below $30,000.The ETH/USD exchange rate dropped 5.41% to an intraday low of $1,720 — or roughly $400 above its 2018 all-time high price, which should serve as an important psychological support level. The pair's bid had climbed to as high as…

The Starknet Foundation is warning community members to be on the lookout for scams relating to circulating screenshots of early iterations of a token distribution portal. 229 Total views 6 Total shares The Starknet Foundation has moved quickly to quash speculation around screenshots of early iterations of a distribution portal for the upcoming launch of

This past week, Bitcoin (BTC) price had many investors biting their nails as the top crypto asset turned bearish and is currently fighting to stay above crucial support at $8,300. Meanwhile, altcoin investors are growing increasingly bullish sentiment wise and a number of lesser-known altcoins rallied impressively throughout the week. Ether price (ETH) is also heating…

Gains accrued by staking cryptocurrency should not be treated as a taxable event. It only makes sense to tax such gains upon their conversion to legal tender currency. To do otherwise undermines a marquee environmental policy from the administration of United States President Joe Biden.The Internal Revenue Service appears strongly inclined to treat staking gains…