• Symbol blockchain launches
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    Symbol blockchain launches, with bourbon-backed security token

    Developer New Economy Movement says the public blockchain will run in parallel with its NIS1 blockchain, adding DeFi and security token capabilities

    NEM’s Symbol is intended to run in parallel with its NIS1 protocol, expanding its capabilities to include decentralized finance (DeFi), security token offering (STO) and regulated assets applications. Among the first tokens to launch on Symbol: The Kentucky Whiskey Digital Fund security token, backed by an inventory of roughly four million bottles of bourbon.

  • Snowden Dorsey Signal crypto donations
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    Snowden, Dorsey-endorsed encrypted messenger Signal adds crypto donations

    NSA whistleblower and Bitcoin fan Edward Snowden’s favorite service Signal now accepts donations in a dozen cryptocurrencies

    “As a nonprofit organization, we depend on your support. If you've been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hodl back your generosity," Signal said.

  • Uncategorized

    Hodl on! After being held 3 months, Bitcoins are rarely sold again

    Data revealed by on-chain analysis revealed that nearly all those who acquired Bitcoin have held it for at least 90 days—and most only sell in volatile bull markets

    In its research, Glassnode divided Bitcoin owners between long-term holders who own coins more than 155 days old, and short-term holders owning coins younger than that. The firm discovered that “once a coin passes our 155 day threshold to become a LTH held coin, it is increasingly unlikely to be spent on a statistical basis, often only coming back to life during volatility and at higher prices in bullish markets.”

  • Goldman Sachs bitcoin futures desk
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    Goldman Sachs reopening Bitcoin trading desk, looking at ETF: Report

    The bank is exploring the potential of launching a Bitcoin exchange-traded fund and is said to be looking for a digital asset custodian partner

    A person familiar with the situation reportedly said that Goldman Sachs will restart its Bitcoin futures trading desk, first proposed and then cancelled in 2018. The financial giant is expected to offer the futures and non-deliverable forwards for clients from next week.