{"id":2096,"date":"2020-05-18T18:14:47","date_gmt":"2020-05-18T16:14:47","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=2096"},"modified":"2022-03-15T12:01:33","modified_gmt":"2022-03-15T11:01:33","slug":"crypto-highlights-week-20-dbs-bank-joins-blockchain-network-contour-to-digitize-trade-settlement","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/2096","title":{"rendered":"Crypto Highlights Week #20 \u2013 DBS Bank Joins Blockchain Network Contour to Digitize Trade Settlement"},"content":{"rendered":"<p><b>Crypto Highlights: <\/b><em>TON abandoned, JPMorgan and Coinbase alliance, SaTT now rewriting crypto bounty narratives, Crypto education, China recognition for blockchain jobs, these and more in this week\u2019s crypto highlights.&nbsp;<\/em><\/p>\n<ul>\n<li><b>Crypto bounty campaigns have struggled in serving as a viable advertising model in the crypto space but have failed to hold enough waters; all of this is fast changing as SaTT steps into the scene.&nbsp;<\/b><\/li>\n<li><strong>Telegram\u2019s TON blockchain losses steam and call it a quit after the SEC won a preliminary injunction in the U.S court to bar Telegram from launching TON or distributing its gram tokens.<\/strong><\/li>\n<li><strong>Bitcoin has scored a hard trick in its safe-haven narratives as the digital asset has outperformed gold by almost tripling the price performance of gold amidst the rising global economic downturn.<\/strong><\/li>\n<\/ul>\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\/2096\/#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\/2096\/#JPMorgan_Opens_Accounts_For_Bitcoin_Exchanges_-_Coinbase_And_Gemini_Up_First\" title=\"JPMorgan Opens Accounts For Bitcoin Exchanges \u2014 Coinbase And Gemini Up First\">JPMorgan Opens Accounts For Bitcoin Exchanges \u2014 Coinbase And Gemini Up First<\/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\/2096\/#Telegram_Abandons_TON_Blockchain_Project_After_Court_Fight_With_SEC\" title=\"Telegram Abandons TON Blockchain Project After Court Fight With SEC\">Telegram Abandons TON Blockchain Project After Court Fight With SEC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/2096\/#DBS_Bank_Joins_Blockchain_Network_Contour_to_Digitize_Trade_Settlement\" title=\"DBS Bank Joins Blockchain Network Contour to Digitize Trade Settlement\">DBS Bank Joins Blockchain Network Contour to Digitize Trade Settlement<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/2096\/#More_News_Updates_From_This_Week\" title=\"More News Updates From This Week\">More News Updates From This Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/2096\/#SaTT_Is_Establishing_Global_Presence_as_The_Blockchain_Way_of_Monetizing_Social_Media_Content_for_Bounty_Campaigns\" title=\"SaTT Is Establishing Global Presence as The Blockchain Way of Monetizing Social Media Content for Bounty Campaigns&nbsp;\">SaTT Is Establishing Global Presence as The Blockchain Way of Monetizing Social Media Content for Bounty Campaigns&nbsp;<\/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\/2096\/#A_Popular_Study_Shows_Communication_and_Education_Are_Key_to_Building_Trust_in_Crypto\" title=\"A Popular Study Shows Communication and Education Are Key to Building Trust in Crypto\">A Popular Study Shows Communication and Education Are Key to Building Trust in Crypto<\/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\/2096\/#Major_Adoption_Of_The_Week\" title=\"Major Adoption Of The Week\">Major Adoption Of The Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/2096\/#China_Officially_Recognizes_Blockchain_Jobs_as_New_Occupation\" title=\"China Officially Recognizes Blockchain Jobs as New Occupation\">China Officially Recognizes Blockchain Jobs as New Occupation<\/a><\/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\/2096\/#Major_Crypto_Market_Sentiment\" title=\"Major Crypto Market Sentiment\">Major Crypto Market Sentiment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/satt-token.com\/blog\/archives\/2096\/#Bitcoin_Doubling_Golds_Yearly_Gain_So_Far\" title=\"Bitcoin Doubling Gold&#8217;s Yearly Gain So Far\">Bitcoin Doubling Gold&#8217;s Yearly Gain So Far<\/a><\/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\/2096\/#This_Weeks_Crypto_Meme\" title=\"This Week\u2019s Crypto Meme\">This Week\u2019s 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<h3><span class=\"ez-toc-section\" id=\"JPMorgan_Opens_Accounts_For_Bitcoin_Exchanges_-_Coinbase_And_Gemini_Up_First\"><\/span><a href=\"https:\/\/www.forbes.com\/sites\/colinharper\/2020\/05\/12\/jp-morgan-opens-accounts-for-bitcoin-exchanges--coinbase-and-gemini-up-first\/#253be8954026\" target=\"_blank\" rel=\"noopener\"><b><i>JPMorgan Opens Accounts For Bitcoin Exchanges \u2014 Coinbase And Gemini Up First<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2099\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/JPMorgan-says-it-pities-small-banks.jpg\" alt=\"Crypto Highlights Week #20 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"750\" height=\"422\" title=\"\"><\/p>\n<p><span style=\"font-weight: 400;\">The race for crypto adoption keeps marching north as traditional financial institutions are now raising support for Bitcoin-related deposits.&nbsp; In the <\/span><a href=\"https:\/\/www.wsj.com\/amp\/articles\/jpmorgan-extends-banking-services-to-bitcoin-exchanges-11589281201\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">latest<\/span><\/a><span style=\"font-weight: 400;\"> development, major banks in the United States, JPMorgan now offer bank accounts to Gemini and Coinbase cryptocurrency exchanges.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The relationship between the bank and the duo was sealed last month. In its agreement, the $2.6 trillion banks will provide deposit, withdrawal, and transfer services for Coinbase and Gemini customers with Automated Clearing House (ACH) infrastructure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Establishing a relationship between crypto exchanges and banks has been an uphill task in the past due to scam-related crypto activities and intense regulations, however, it looks like all these are changing now as crypto continues to gain mainstream adoption and wide range acceptance.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Telegram_Abandons_TON_Blockchain_Project_After_Court_Fight_With_SEC\"><\/span><a href=\"https:\/\/www.coindesk.com\/telegram-abandons-ton-blockchain-project-after-court-fight-with-sec\" target=\"_blank\" rel=\"noopener\"><b><i>Telegram Abandons TON Blockchain Project After Court Fight With SEC<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2101\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/telegram-users-can-now-send-silent-messages-animated-emojis-2019-08-10.jpg\" alt=\"Crypto Highlights Week #20 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"560\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/telegram-users-can-now-send-silent-messages-animated-emojis-2019-08-10.jpg 1000w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/telegram-users-can-now-send-silent-messages-animated-emojis-2019-08-10-300x240.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/telegram-users-can-now-send-silent-messages-animated-emojis-2019-08-10-768x614.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The TON blockchain project goes cold after two years of the legal battle between Telegram\u2019s TON network and the United States SEC. <\/span><span style=\"font-weight: 400;\">Telegram founder Pavel Durov wrote in his public channel on Tuesday that the Telegram Open Network (TON) project would be discontinued due to the company&#8217;s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This drastic decision comes as a big shock to investors as the Telegram\u2019s TON network had been anticipated to launch in 2021. A <\/span><a href=\"https:\/\/telegra.ph\/What-Was-TON-And-Why-It-Is-Over-05-12\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">blog post<\/span><\/a><span style=\"font-weight: 400;\"> has it that the decision was necessary after the SEC won a preliminary <\/span><a href=\"https:\/\/www.coindesk.com\/judge-halts-telegram-token-issuance-in-injunction-requested-by-sec\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">injunction<\/span><\/a><span style=\"font-weight: 400;\"> in the U.S court to bar Telegram from launching TON or distributing its gram tokens.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Telegram has stated its decision to reimburse all investors <\/span><span style=\"font-weight: 400;\">about <\/span><a href=\"https:\/\/www.coindesk.com\/telegram-caves-to-us-regulators-delays-blockchain-launch-offers-to-return-1-2b-to-investors\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">72% of their funds<\/span><\/a> <span style=\"font-weight: 400;\">back immediately, or they could choose to wait for one year and receive 110% of their initial investment.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"DBS_Bank_Joins_Blockchain_Network_Contour_to_Digitize_Trade_Settlement\"><\/span><a href=\"https:\/\/www.financemagnates.com\/fintech\/news\/dbs-bank-joins-blockchain-network-contour-to-digitize-trade-settlement\/\" target=\"_blank\" rel=\"noopener\"><b><i>DBS Bank Joins Blockchain Network Contour to Digitize Trade Settlement<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2100 aligncenter\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BP_DBS_280518_5_0.jpg\" alt=\"Crypto Highlights Week #20 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"489\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BP_DBS_280518_5_0.jpg 1128w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BP_DBS_280518_5_0-300x210.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BP_DBS_280518_5_0-1024x715.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/BP_DBS_280518_5_0-768x537.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The relevance of blockchain in the financial institution cannot be ignored anymore as Contour\u2019s ecosystem of banks continues to grow ahead of the blockchain platform\u2019s full launch later this year. <\/span><span style=\"font-weight: 400;\">DBS Bank becomes the first Singaporean bank to join the Contour trade-finance blockchain network, which is built on R3\u2019s Corda and digitalizes global trade processes. This steals the last spot on last week&#8217;s crypto highlights.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While stating its reason behind the recent move, DBS bank had reiterated that \u2018contact-free\u2019 banking is steadily becoming an everyday necessity and the world continues to digitized especially in the face of this covid-19 pandemic.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the recent move, DBS will be able to leverage the digital solution to fully digital end-to-end LC settlement process, including the transfer of electronic trade and title documents.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"More_News_Updates_From_This_Week\"><\/span><strong>More News Updates From This Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"SaTT_Is_Establishing_Global_Presence_as_The_Blockchain_Way_of_Monetizing_Social_Media_Content_for_Bounty_Campaigns\"><\/span><a href=\"https:\/\/www.entrepreneur.com\/article\/350580\" target=\"_blank\" rel=\"noopener\"><b><i>SaTT Is Establishing Global Presence as The Blockchain Way of Monetizing Social Media Content for Bounty Campaigns&nbsp;<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2102\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1589379012-dole777-gPet7PdxI1Q-unsplash.jpg\" alt=\"Crypto Highlights Week #20 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"350\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1589379012-dole777-gPet7PdxI1Q-unsplash.jpg 700w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/1589379012-dole777-gPet7PdxI1Q-unsplash-300x150.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/satt.atayen.us\/\" target=\"_blank\" rel=\"noopener\">SaTT<\/a> was the key highlight of a recent media publication on the entrepreneur.com.&nbsp;The publishers\/followers of a social media campaign will no longer be subjected to a manual reward system, once <a href=\"https:\/\/satt-token.com\/blog\/2020\/04\/26\/how-to-participate-in-an-advertising-campaign-on-the-platform-satt\/\">entries<\/a> into a campaign have been approved, the SaTT smart contract executes the reward for each entry based on the performance of the content.&nbsp; <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cryptocurrency bounty campaigns have become one of the popular ways of advertising blockchain projects, however, due to the bottlenecks rocking the campaign style, the model is fast losing steam. It costs a lot of money to employ the services of a bounty manager, and most time their inefficiencies render the effort of the bounty hunter into a fruitless venture.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Errors in compiling rewards, inadequate compensation, and a biased reward system stand tall among the reasons why bounty hunters have shied away from hunting. But this is set to change as SaTT platform goes live to enable blockchain projects to directly create and execute bounty campaigns in a decentralized environment without the need for any third party (bounty manager) at a pocket-friendly cost.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From a bounty hunter\u2019s perspective, the <\/span><a href=\"https:\/\/satt-token.com\/blog\/\"><span style=\"font-weight: 400;\">SaTT solution<\/span><\/a><span style=\"font-weight: 400;\"> raises the bar above most barriers that have kept them away from hunting.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"A_Popular_Study_Shows_Communication_and_Education_Are_Key_to_Building_Trust_in_Crypto\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/study-communication-and-education-are-key-to-building-trust-in-crypto?\" target=\"_blank\" rel=\"noopener\"><b><i>A Popular Study Shows Communication and Education Are Key to Building Trust in Crypto<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2103\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/88X3SWUiTNyi3vtS1kOV_Blockchain-in-Education-logo.jpg\" alt=\"\" width=\"700\" height=\"541\" title=\"\"><\/p>\n<p><span style=\"font-weight: 400;\">As the world braces for cryptocurrency adoption, there is a larger population of people who probably haven&#8217;t heard or read any pieces with a cryptocurrency narrative. While most people who might be aware of the concept of cryptocurrency may lack fundamental knowledge and uses of crypto digital assets.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While this remains true, a recent <\/span><a href=\"https:\/\/www.edelman.com\/sites\/g\/files\/aatuss191\/files\/2020-05\/2020%20Edelman%20Trust%20Barometer%20Financial%20Services%20Sector%20Cryptocurrency.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">study<\/span><\/a> <span style=\"font-weight: 400;\">revealed that three out of four people surveyed among two million respondents are not familiar with cryptos and blockchain technology. The study had concluded that the more people know about crypto, the more they see the potential for the positive impact they can have.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To increase crypto education, crypto companies hold the bigger responsibility of raising awareness and educating the general public about the importance and use case of crypto and blockchain in contemporary society.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Adoption_Of_The_Week\"><\/span><b>Major Adoption Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"China_Officially_Recognizes_Blockchain_Jobs_as_New_Occupation\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/china-officially-recognizes-blockchain-jobs-as-new-occupation?\" target=\"_blank\" rel=\"noopener\"><b><i>China Officially Recognizes Blockchain Jobs as New Occupation<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2104\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/China-Blockchain-top.jpg\" alt=\"https:\/\/satt-token.com\/blog\/2020\/05\/12\/crypto-highlights-week-19-everything-from-last-week-you-dont-want-to-miss\/\" width=\"700\" height=\"400\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/China-Blockchain-top.jpg 860w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/China-Blockchain-top-300x171.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/China-Blockchain-top-768x438.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The current global covid-19 pandemic has disrupted economic activities and has affected the normal way of doing things. Amidst this disruption, there is still a positive side to the story as the world braces up to recognize the relevance of a decentralized workforce powered by blockchain.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Blockchain-related jobs have been on the rise and increasingly popular despite the current pandemic. In light of this, China is taking another giant step toward blockchain adoption to officially recognize blockchain jobs as industry jobs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a May 11 <\/span><a href=\"http:\/\/www.mohrss.gov.cn\/SYrlzyhshbzb\/zwgk\/gggs\/tg\/202005\/t20200511_368176.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">statement<\/span><\/a><span style=\"font-weight: 400;\"> by the MOHRSS, blockchain-focused professions, like tech developers, engineers, and analysts, are among the 10 newly recognized jobs. It&#8217;s no longer news that China is leading the global pace in blockchain adoption with its numerous blockchain patents. This move is however considered as a giant step in the right direction.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Crypto_Market_Sentiment\"><\/span><b>Major Crypto Market Sentiment<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Doubling_Golds_Yearly_Gain_So_Far\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-doubling-gold-s-yearly-gain-so-far?\" target=\"_blank\" rel=\"noopener\"><b><i>Bitcoin Doubling Gold&#8217;s Yearly Gain So Far<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2105\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Bitcoin-Vs.-Gold_-Whose-Future-Looks-More-Promising_-1280x720-1.jpg\" alt=\"https:\/\/satt-token.com\/blog\/2020\/05\/12\/crypto-highlights-week-19-everything-from-last-week-you-dont-want-to-miss\/\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Bitcoin-Vs.-Gold_-Whose-Future-Looks-More-Promising_-1280x720-1.jpg 1280w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Bitcoin-Vs.-Gold_-Whose-Future-Looks-More-Promising_-1280x720-1-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Bitcoin-Vs.-Gold_-Whose-Future-Looks-More-Promising_-1280x720-1-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/Bitcoin-Vs.-Gold_-Whose-Future-Looks-More-Promising_-1280x720-1-768x432.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The industry comparison between gold vs Bitcoin\u2019s investment is not yet of the book. Though most crypto proponents have fondly referred to Bitcoin as digital gold, however, the argument that Bitcoin is far better than gold is becoming clearer both in the short and long term perspective.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amid unstable global financial conditions, Bitcoin continues its path as a juicy-looking hedge asset, based on its gains comparative to gold. Bitcoin has reported over 30% gains for the trading year as opposed to gold which has managed to return a 12% gain.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin is now witnessing a surge in mainstream interest as most institutional players are beginning to see the bright side of the digital asset. In the just concluded week, hedge <\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-crosses-9k-as-paul-tudor-jones-confirms-1-btc-portfolio\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">fund manager Paul Tudor Jones<\/span><\/a><span style=\"font-weight: 400;\"> had <\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-crosses-9k-as-paul-tudor-jones-confirms-1-btc-portfolio\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">announced<\/span><\/a><span style=\"font-weight: 400;\"> that 1% of his portfolio has been invested in Bitcoin. As the new week opens, investors are looking at the upside as Bitcoin is poised for more gains.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Weeks_Crypto_Meme\"><\/span><b>This Week\u2019s Crypto Meme<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2098\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/60495623_613611149049369_6835016783125020672_n.jpg\" alt=\"Crypto Highlights Week #20 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"512\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/60495623_613611149049369_6835016783125020672_n.jpg 600w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/05\/60495623_613611149049369_6835016783125020672_n-300x220.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>We hope you enjoyed this piece on last week&#8217;s crypto highlights. For a peek at the last week digest of crypto highlights &amp; blockchain news, click&nbsp;<a href=\"https:\/\/satt-token.com\/blog\/2020\/05\/12\/crypto-highlights-week-19-everything-from-last-week-you-dont-want-to-miss\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: TON abandoned, JPMorgan and Coinbase alliance, SaTT now rewriting crypto bounty narratives, Crypto education, China recognition for blockchain jobs, these and more in this week\u2019s crypto highlights.&nbsp; Crypto bounty campaigns have struggled in serving as a viable advertising [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-2096","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\/2096","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=2096"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2096\/revisions"}],"predecessor-version":[{"id":11064,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2096\/revisions\/11064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/2106"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=2096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=2096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=2096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}