{"id":2068,"date":"2020-05-12T23:40:52","date_gmt":"2020-05-12T21:40:52","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=2068"},"modified":"2022-03-15T12:01:39","modified_gmt":"2022-03-15T11:01:39","slug":"crypto-highlights-week-19-tether-held-on-exchanges-could-help-forecast-bitcoin-bull-runs","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/2068","title":{"rendered":"Crypto Highlights Week #19 &#8211; Tether Held on Exchanges Could Help Forecast Bitcoin Bull Runs"},"content":{"rendered":"<p><b>Key Highlights: <\/b><i>Ethereum Gas-Free Transaction, Bloomberg\u2019s verdict on Bitcoin, New correlation between BTC &amp; USDT, Bitcoin miners halts selling, Buffet\u2019s Bitcoin\u2019s sentiment and many more in this week\u2019s crypto highlights<\/i><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_32 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table des mati\u00e8res<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table des mati\u00e8res\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Top_Stories_Of_The_Week\" title=\"Top Stories Of The Week\">Top Stories Of The Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Ethereum_in_New_Scaling_Solutions_and_Gas-Free_Transactions\" title=\"Ethereum in New Scaling Solutions and Gas-Free Transactions\">Ethereum in New Scaling Solutions and Gas-Free Transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Bloomberg_Analyst_Explains_Why_Bitcoin_Is_a_Better_Investment_Than_Gold\" title=\"Bloomberg Analyst Explains Why Bitcoin Is a Better Investment Than Gold\">Bloomberg Analyst Explains Why Bitcoin Is a Better Investment Than Gold<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#More_Updates_from_the_World_of_Crypto_Blockchain\" title=\"More Updates from the World of Crypto &amp; Blockchain\">More Updates from the World of Crypto &amp; Blockchain<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Tether_Held_on_Exchanges_Could_Help_Forecast_Bitcoin_Bull_Runs\" title=\"Tether Held on Exchanges Could Help Forecast Bitcoin Bull Runs\">Tether Held on Exchanges Could Help Forecast Bitcoin Bull Runs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#How_Blockchain_Could_Bolster_The_Economy_Following_COVID-19_According_To_The_World_Economic_Forum\" title=\"How Blockchain Could Bolster The Economy Following COVID-19 According To The World Economic Forum\">How Blockchain Could Bolster The Economy Following COVID-19 According To The World Economic Forum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#5_Things_to_Do_Other_Than_Worry_About_Coronavirus_and_Bitcoin_Price\" title=\"5 Things to Do Other Than Worry About Coronavirus and Bitcoin Price\">5 Things to Do Other Than Worry About Coronavirus and Bitcoin Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#SaTT_Updates_from_Last_Week\" title=\"SaTT Updates from Last Week\">SaTT Updates from Last Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Google_Announces_The_End_Of_Cookies_In_2020_SaTT_Has_Proposed_A_Way_To_Mitigate_The_Effects_That_Comes_With_This_Change\" title=\"Google Announces The End Of Cookies In 2020, SaTT Has Proposed A Way To Mitigate The Effects That Comes With This Change\">Google Announces The End Of Cookies In 2020, SaTT Has Proposed A Way To Mitigate The Effects That Comes With This Change<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Top_Bullish_Settlement_Of_The_Week\" title=\"Top Bullish Settlement Of The Week\">Top Bullish Settlement Of The Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#BTC_Miners_Expect_Bitcoin_Price_to_Surpass_12K_After_Reward_Halving\" title=\"BTC Miners Expect Bitcoin Price to Surpass $12K After Reward Halving\">BTC Miners Expect Bitcoin Price to Surpass $12K After Reward Halving<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Top_FUD_Of_The_Week\" title=\"Top FUD Of The Week\">Top FUD Of The Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#Warren_Buffet_warns_of_market_doom_that_can_trigger_a_Bitcoin_crash\" title=\"Warren Buffet warns of market doom that can trigger a Bitcoin crash\">Warren Buffet warns of market doom that can trigger a Bitcoin crash<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/satt-token.com\/blog\/archives\/2068\/#This_Week_Crypto_Meme\" title=\"This Week Crypto Meme\">This Week Crypto Meme<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Top_Stories_Of_The_Week\"><\/span><strong>Top Stories Of The Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2069\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/btc-halving.jpg\" alt=\"\" width=\"750\" height=\"500\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/btc-halving.jpg 750w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/btc-halving-300x200.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<ul>\n<li><b>An interesting correlation has been found to exist between Bitcoin\u2019s bull run and the amount of USDT held on exchanges.<\/b><\/li>\n<li><b>A recent study has shown that miners have been hoarding Bitcoin in anticipation of a rally above $12k. Another study shows that Bitcoin will apparently have to stay above $12k for miners to stay profitable.&nbsp;&nbsp;<\/b><\/li>\n<li><b>Legendary investors, chairman, and CEO of Berkshire Hathaway thinks a new decline in stock prices could end Bitcoin\u2019s bullish sentiment. This is contrary to the claims that Bitcoin has broken its correlation with the U.S stocks for the short term.&nbsp;<\/b><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Ethereum_in_New_Scaling_Solutions_and_Gas-Free_Transactions\"><\/span><a href=\"https:\/\/www.financebrokerage.com\/ethereum-in-new-scaling-solutions-and-gas-free-transactions\/\" target=\"_blank\" rel=\"noopener\">Ethereum in New Scaling Solutions and Gas-Free Transactions<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2070\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/ethereum-scaling-and-gas-free-transactions.jpg\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"700\" height=\"467\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/ethereum-scaling-and-gas-free-transactions.jpg 847w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/ethereum-scaling-and-gas-free-transactions-300x200.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/ethereum-scaling-and-gas-free-transactions-768x512.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">With the much-anticipated <\/span><a href=\"https:\/\/www.coindesk.com\/95-confidence-ethereum-developers-pencil-in-july-2020-for-eth-2-0-launch\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">launch<\/span><\/a><span style=\"font-weight: 400;\"> of Ethereum 2.0, the year is already turning out to be a great year for the Ethereum community. There are rumors of ETH 2.0 launching in July to coincide with its 5th anniversary. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ahead of this launch, the new scaling solution and gas-free transaction just went live.&nbsp;<\/span><span style=\"font-weight: 400;\">The Ethereum network is fast-growing and scaling up faster, the number of active wallet users has doubled up since the start of this year. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The demo version of the Synthetix Exchange on the Optimistic Virtual Machine (<\/span><a href=\"https:\/\/optimism.io\/ovm\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">OVM<\/span><\/a><span style=\"font-weight: 400;\">) was recently launched, this was actualized through a <\/span><a href=\"https:\/\/blog.synthetix.io\/synthetix-exchange-l2-demo\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">partnership<\/span><\/a><span style=\"font-weight: 400;\"> between the second-largest DeFi protocol, Synthetix, and Ethereum layer-2 research team.&nbsp;<\/span><span style=\"font-weight: 400;\">Optimism\u2019s OVM is a layer-2 scaling resolution engineered to permit DeFi monetary platforms to function with comparable speeds to centralized methods.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bloomberg_Analyst_Explains_Why_Bitcoin_Is_a_Better_Investment_Than_Gold\"><\/span><a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2019-10-03\/bitcoin-and-other-cryptocurrencies-are-better-than-gold\" target=\"_blank\" rel=\"noopener\">Bloomberg Analyst Explains Why Bitcoin Is a Better Investment Than Gold<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2071\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1400x-1.jpg\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"700\" height=\"422\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1400x-1.jpg 1400w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1400x-1-300x181.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1400x-1-1024x617.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1400x-1-768x462.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin and gold share close similarities in many aspects and most analysts have borrowed the safe haven narrative of gold into Bitcoin\u2019s story.&nbsp; Since the invention of the digital asset, Bitcoin has been perceived as digital gold, at least theoretically. While Bitcoin remains the best performing asset in the past and present decade, one analyst at Bloomberg believes that Bitcoin is a better investment than gold.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Analyst <\/span><a href=\"https:\/\/www.cryptoglobe.com\/latest\/2020\/05\/bloomberg-analyst-gives-a-simple-reason-why-btc-is-better-than-gold\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">McGlone<\/span><\/a><span style=\"font-weight: 400;\"> had argued that the deflationary supply of Bitcoin coupled with the ever-increasing demand is <\/span><a href=\"https:\/\/www.bloomberg.com\/professional\/blog\/bitcoin-supported-by-favorable-supply-demand-and-macroeconomics\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">fueling<\/span><\/a><span style=\"font-weight: 400;\"> a viable macroeconomic outlook for the price of the digital asset. McGlone had also recounted the slow down in Bitcoin\u2019s volatility while stating the risk involved in owning traditional assets.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He noted that,&nbsp;<\/span><i><span style=\"font-weight: 400;\">\u201cIn May, the daily production of new coins will drop by half, and unlike quasi-currency brethren gold, higher prices won\u2019t be an incentive for more supply.\u201d<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"More_Updates_from_the_World_of_Crypto_Blockchain\"><\/span><strong>More Updates from the World of Crypto &amp; Blockchain<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Tether_Held_on_Exchanges_Could_Help_Forecast_Bitcoin_Bull_Runs\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/tether-held-on-exchanges-could-help-forecast-bitcoin-bull-runs?\" target=\"_blank\" rel=\"noopener\">Tether Held on Exchanges Could Help Forecast Bitcoin Bull Runs<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2076\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Tether-usdt-coinut-6.png\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"750\" height=\"372\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Tether-usdt-coinut-6.png 1324w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Tether-usdt-coinut-6-300x149.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Tether-usdt-coinut-6-1024x507.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Tether-usdt-coinut-6-768x381.png 768w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">An interesting correlation has been found to exist between Bitcoin\u2019s bull run and the amount of USDT held on exchanges. A rep at a crypto data firm had taken to the stage to explain how Tether\u2019s on-chain data can aid in forecasting Bitcoin\u2019s (BTC) next move and a potential bull run. Brian Quinlivan, marketing and social directors at Santiment had explained this correlation:&nbsp;<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cMost USDT isn&#8217;t just being taken off exchanges to be stored in wallets or cashed out through a FIAT-based platform like Coinbase. When people aren&#8217;t using USDT, they most often put it in Bitcoin. And what&#8217;s cool is the fact that this USDT percentage often fluctuates a few hours or days in advance of BTC&#8217;s price reacting to it. So monitoring this metric in advance can end up producing a tremendous advantage by catching a sudden fluctuation early enough.\u201d<\/span><\/i><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_Blockchain_Could_Bolster_The_Economy_Following_COVID-19_According_To_The_World_Economic_Forum\"><\/span><a href=\"https:\/\/cryptodaily.co.uk\/2020\/04\/blockchain-bolster-covid-19\" target=\"_blank\" rel=\"noopener\">How Blockchain Could Bolster The Economy Following COVID-19 According To The World Economic Forum<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2077\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Covid-19CTA.png\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"800\" height=\"461\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Covid-19CTA.png 800w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Covid-19CTA-300x173.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Covid-19CTA-768x443.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin was born as an economic solution to the 2008 financial crash, the same narrative is becoming true for blockchain as well. Even though this purpose is yet to be tested, most blockchain proponents think blockchain will play a crucial role in averting the economic hardship inspired by the novel coronavirus.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The world economic forum has recently published a report that seeks to find out how the deployment of blockchain could help in curtailing the negative economic effect of the covid-19 pandemic as the virus continues its march across the planet. The forum had also released a blockchain deployment toolkit which is focused on aiding government and businesses in reshaping their supply chain to best suit the present realities.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Things_to_Do_Other_Than_Worry_About_Coronavirus_and_Bitcoin_Price\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/five-things-to-do-other-than-worry-about-coronavirus-and-bitcoin-price?\" target=\"_blank\" rel=\"noopener\">5 Things to Do Other Than Worry About Coronavirus and Bitcoin Price<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2078\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BTC-Price-Rise-img.png\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"720\" height=\"480\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BTC-Price-Rise-img.png 720w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BTC-Price-Rise-img-300x200.png 300w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Google\u2019s data shows that the <\/span><a href=\"https:\/\/cointelegraph.com\/news\/google-searches-for-bitcoin-halving-skyrocket-to-unprecedented-numbers?\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">search<\/span><\/a><span style=\"font-weight: 400;\"> for Bitcoin halving and the novel <\/span><a href=\"https:\/\/cointelegraph.com\/tags\/coronavirus\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">coronavirus<\/span><\/a><span style=\"font-weight: 400;\"> has continued to see an unprecedented surge recently. The media has also continued to push related stories to the front page. While this seems like a temporal event that will soon be a thing of the past. For the short term, traders need to focus on some other things and worry less about the upcoming Bitcoin event.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto lovers and traders could rather focus on building a mining rig, learn about options and margin trading, decentralize by running a bitcoin node, diversify by researching other interesting high-tech industries, etc. this period could be better seen as the perfect time to learn about new areas through which blockchain and cryptocurrency could be leveraged. While you engage in this voyage, don&#8217;t hesitate to stay home and stay positive.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"SaTT_Updates_from_Last_Week\"><\/span><strong>SaTT Updates from Last Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Google_Announces_The_End_Of_Cookies_In_2020_SaTT_Has_Proposed_A_Way_To_Mitigate_The_Effects_That_Comes_With_This_Change\"><\/span><a href=\"https:\/\/hackernoon.com\/google-pronounced-the-end-of-the-cookies-era-and-it-will-change-advertising-as-we-know-it-bua0324g\" target=\"_blank\" rel=\"noopener\">Google Announces The End Of Cookies In 2020, SaTT Has Proposed A Way To Mitigate The Effects That Comes With This Change<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2075\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Earn-Satt-through-referral.png\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"750\" height=\"345\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Earn-Satt-through-referral.png 1897w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Earn-Satt-through-referral-300x138.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Earn-Satt-through-referral-1024x471.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Earn-Satt-through-referral-768x353.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Earn-Satt-through-referral-1536x706.png 1536w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The advertising industry has been thrown into intense panic following google&#8217;s decision to end support for third party cookies. On January 14th, Google announced its decision to bring to an end to the use of third-party tracking cookies in the popular Chrome browser. This policy is expected to be fully implemented within two years, starting from the time the announcement was issued.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following this decision, Criteo, a company in the retargeting advertising segment lost a significant market share after the company\u2019s stock <\/span><a href=\"https:\/\/www.cnbc.com\/2020\/01\/15\/googles-ending-of-cookies-not-killing-ad-tech-stocks.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">plunged by 16% in a single day<\/span><\/a><span style=\"font-weight: 400;\">. Our solution&nbsp;<\/span><a href=\"https:\/\/satt-token.com\/\"><span style=\"font-weight: 400;\">SaTT<\/span><\/a><span style=\"font-weight: 400;\"> has stepped up to this challenge in a creative manner by introducing a blockchain powered solution to fill the void left by Google. We believe that smart contract-enabled ad networks built on the blockchain are the future of advertising.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the last week, we also announced the launch of our monetization section within the SaTT web portal for our publishers who are now able to create marketing campaigns to monetize content published on social media pages.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_Bullish_Settlement_Of_The_Week\"><\/span><b>Top Bullish Settlement Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"BTC_Miners_Expect_Bitcoin_Price_to_Surpass_12K_After_Reward_Halving\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/btc-miners-expect-bitcoin-price-to-surpass-12k-after-reward-halving?\" target=\"_blank\" rel=\"noopener\">BTC Miners Expect Bitcoin Price to Surpass $12K After Reward Halving<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2074\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/0eefbd7c-31ee-4833-8483-02cb7b5c2804.jpg\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"750\" height=\"500\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/0eefbd7c-31ee-4833-8483-02cb7b5c2804.jpg 800w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/0eefbd7c-31ee-4833-8483-02cb7b5c2804-300x200.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/0eefbd7c-31ee-4833-8483-02cb7b5c2804-768x512.jpg 768w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin halving is always an important event for Bitcoin miners, it&#8217;s always a period for miners to reexamine their business model for profitability checks. A recent study has <\/span><a href=\"https:\/\/cointelegraph.com\/news\/warm-up-history-shows-bitcoin-may-see-epic-rally-after-150-gain\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">shown<\/span><\/a><span style=\"font-weight: 400;\"> that miners have been hoarding Bitcoin in anticipation of a rally above $12k. This shows miners are bullish on Bitcoin in a post halving scenario.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin <\/span><a href=\"https:\/\/cointelegraph.com\/explained\/bitcoin-halving-explained\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">halving<\/span><\/a><span style=\"font-weight: 400;\"> is less than 3 days away and is estimated to happen somewhere around Tuesday of the new week. In the past few days, miners have sold fewer amounts of Bitcoin; data shows. After the halving, the break-even cost of mining Bitcoin is estimated to be anywhere between $12,000 to $15,000. Miners have remained bullish on a price above $12,000 per bitcoin to stay profitable.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_FUD_Of_The_Week\"><\/span><b>Top FUD Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Warren_Buffet_warns_of_market_doom_that_can_trigger_a_Bitcoin_crash\"><\/span><a href=\"https:\/\/coinnounce.com\/warren-buffet-warns-of-market-doom-that-can-trigger-a-bitcoin-crash\/\" target=\"_blank\" rel=\"noopener\">Warren Buffet warns of market doom that can trigger a Bitcoin crash<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2073\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/5eb9a9a6204ad3202838bee5.png\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"750\" height=\"375\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/5eb9a9a6204ad3202838bee5.png 1136w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/5eb9a9a6204ad3202838bee5-300x150.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/5eb9a9a6204ad3202838bee5-1024x512.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/5eb9a9a6204ad3202838bee5-768x384.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/5eb9a9a6204ad3202838bee5-1100x550.png 1100w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Legendary investors, <\/span><span style=\"font-weight: 400;\">chairman, and CEO of Berkshire Hathaway has been known as a non-supporter of Bitcoin. Despite Justin Sun\u2019s <\/span><a href=\"https:\/\/markets.businessinsider.com\/currencies\/news\/tron-ceo-justin-sun-had-5-million-lunch-warren-buffett-2020-2-1028882022\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">dinner<\/span><\/a><span style=\"font-weight: 400;\"> with the famous investor, his stance on the noble asset hasn&#8217;t changed yet. Buffet who has no investment in Bitcoin and also believes there is no value in Bitcoin has not seized from trolling the digital asset.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Warren Buffett believes that if stocks plummet, it could spoil Bitcoin\u2019s bullish show. After the <\/span><a href=\"https:\/\/www.coindesk.com\/bitcoin-recovers-40-from-12-month-low-below-3-9k\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">sudden drop<\/span><\/a><span style=\"font-weight: 400;\"> to $3.7k, the <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">largest<\/span><\/a><span style=\"font-weight: 400;\"> cryptocurrency by market capitalization has long broken out of its <\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-defies-stock-market-link-post-halving-world-uncertain\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">correlation<\/span><\/a><span style=\"font-weight: 400;\"> with the U.S. stock market. However,&nbsp; Buffets believes this is only for the short term, that Bitcoin\u2019s decline is imminent.&nbsp;&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Week_Crypto_Meme\"><\/span><b>This Week Crypto Meme<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2072\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/uhbmvvm7yzv41.jpg\" alt=\"Crypto Highlights Week #19 - Everything from Last Week you don&#039;t want to miss\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/uhbmvvm7yzv41.jpg 640w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/uhbmvvm7yzv41-300x169.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Hope you enjoyed reading the crypto highlights for Week #19. If you want to take a look at our last crypto highlights piece, you&#8217;re welcome to access it from&nbsp;<a href=\"https:\/\/satt-token.com\/blog\/2020\/05\/05\/crypto-highlights-18-everything-from-last-week-you-dont-want-to-miss\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights: Ethereum Gas-Free Transaction, Bloomberg\u2019s verdict on Bitcoin, New correlation between BTC &amp; USDT, Bitcoin miners halts selling, Buffet\u2019s Bitcoin\u2019s sentiment and many more in this week\u2019s crypto highlights Top Stories Of The Week An interesting correlation has been [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-2068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-stories"],"_links":{"self":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/comments?post=2068"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2068\/revisions"}],"predecessor-version":[{"id":11233,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2068\/revisions\/11233"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/2084"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=2068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=2068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=2068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}