{"id":2342,"date":"2020-07-13T19:11:26","date_gmt":"2020-07-13T17:11:26","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=2342"},"modified":"2022-03-15T11:53:49","modified_gmt":"2022-03-15T10:53:49","slug":"crypto-highlights-week-28-venezuela-military-seizes-315-asics-from-local-bitcoin-miner","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/2342","title":{"rendered":"Crypto Highlights Week #28 \u2013 Venezuela military seizes 315 ASICs from local Bitcoin miner"},"content":{"rendered":"<p><b>Crypto Highlights: <\/b><i>Tokenized performance Art, China winning digital currency race, Mercedes test blockchain for supply-chain data sharing, Bitcoin volatility mirrors 2018 selloff, Renewed trouble for Venezuela\u2019s miners: Read the article for these and more in this week\u2019s crypto highlights.<\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2345\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/1.png.jpg\" alt=\"Crypto Highlights Week #27 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"394\" title=\"\"><\/p>\n<ul>\n<li><strong>China is doing everything possible to hold the baton as major Central Bank\u2019s race for digital currency adoption. Bank of America acknowledges China is actually winning.<\/strong><\/li>\n<li><strong>Google\u2019s move to end third-party cookies could be setting the stage for blockchain, SaTT is doing a lot in leading this adoption.<\/strong><\/li>\n<li><strong>Bitcoin realized volatility is mirroring the event that led to the crypto market crash that saw Bitcoin trading within the $3k region in 2018.<\/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\/2342\/#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\/2342\/#89_Worry_What_Happens_To_Their_Crypto_After_They_Die\" title=\"89% Worry What Happens To Their Crypto After They Die\">89% Worry What Happens To Their Crypto After They Die<\/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\/2342\/#Google_Pronounced_The_End_Of_The_Cookies_Era_And_It_Will_Change_Advertising_As_We_Know_It\" title=\"Google Pronounced The End Of The Cookies&#8217; Era And It Will Change Advertising As We Know It\">Google Pronounced The End Of The Cookies&#8217; Era And It Will Change Advertising As We Know It<\/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\/2342\/#Performance_Art_Film_Is_Now_Tokenized_on_the_Ethereum_Blockchain\" title=\"Performance Art Film Is Now Tokenized on the Ethereum Blockchain\">Performance Art Film Is Now Tokenized on the Ethereum Blockchain<\/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\/2342\/#More_Updates_This_Week%E2%80%A6\" title=\"More Updates This Week&#8230;!\">More Updates This Week&#8230;!<\/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\/2342\/#Venezuela_military_seizes_315_ASICs_from_local_Bitcoin_miner\" title=\"Venezuela military seizes 315 ASICs from local Bitcoin miner\">Venezuela military seizes 315 ASICs from local Bitcoin miner<\/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\/2342\/#First_Mover_Even_Bank_of_America_Acknowledges_China_Winning_Digital-Currency_Race\" title=\"First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race\">First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race<\/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\/2342\/#Mainstream_Adoption_Of_The_Week\" title=\"Mainstream Adoption Of The Week\">Mainstream Adoption 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-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/2342\/#Mercedes_Maker_Daimler_Tests_Blockchain_for_Supply-Chain_Data_Sharing\" title=\"Mercedes Maker Daimler Tests Blockchain for Supply-Chain Data Sharing\">Mercedes Maker Daimler Tests Blockchain for Supply-Chain Data Sharing<\/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\/2342\/#This_Weeks_Crypto_Market_Sentiment\" title=\"This Week\u2019s Crypto Market Sentiment\">This Week\u2019s Crypto Market Sentiment<\/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\/2342\/#Bitcoin_Realized_Volatility_Last_Did_This_Right_Before_2018_Sell-Off\" title=\"Bitcoin Realized Volatility Last Did This Right Before 2018 Sell-Off\">Bitcoin Realized Volatility Last Did This Right Before 2018 Sell-Off<\/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\/2342\/#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><b>Top Stories Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"89_Worry_What_Happens_To_Their_Crypto_After_They_Die\"><\/span><a href=\"https:\/\/tweetypin.com\/89-worry-what-happens-to-their-crypto-after-they-die\/\" target=\"_blank\" rel=\"noopener\"><b><i>89% Worry What Happens To Their Crypto After They Die<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2346\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/bit10_a.png\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"756\" title=\"\"><\/p>\n<p><span style=\"font-weight: 400;\">Cremation Research Institute conducted interesting <\/span><a href=\"https:\/\/cremationinstitute.com\/crypto-estate-planning-study\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">research<\/span><\/a><span style=\"font-weight: 400;\"> on the disposition of crypto holders as regards the devolution of their digital assets when they pass on. They discovered that 89% of Cryptocurrency investors worry about what will become of their assets when they die.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is very ironic that these concerns haven\u2019t nudged many crypto investors to plan the fate of their digital assets upon their exit from the earth. Very few have written wills or created trusts to devolve their digital estate upon their death. Apparently, the reason for this complacency is a dearth of estate services focused on the devolution of digital assets of deceased crypto investors.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is not surprising that the guiltiest of this negligence is the younger crypto investors. It appears that the older generation is much more prepared than the millennials.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Google_Pronounced_The_End_Of_The_Cookies_Era_And_It_Will_Change_Advertising_As_We_Know_It\"><\/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\"><b><i>Google Pronounced The End Of The Cookies&#8217; Era And It Will Change Advertising As We Know It<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2347\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/4.png.jpg\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"310\" title=\"\"><\/p>\n<p><span style=\"font-weight: 400;\">As it now appears, cookies will no longer be used for advertising as we know it. By design, cookies are used by advertisers to collect information about web page visitors, which is then used to target their desired audience.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www.cnbc.com\/2019\/05\/08\/google-to-limit-cookies-for-ad-tracking-in-chrome-browser.html?ref=hackernoon.com\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">move<\/span><\/a><span style=\"font-weight: 400;\"> by Google was necessitated following some privacy concerns trailing the use of third-party cookies and the type of information they harvest. Consequently, Ad networks are on their toes to seek alternative means of going about their strategic digital marketing.&nbsp; For this reason, SaTT secures a top spot in our this week&#8217;s crypto highlights.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This might look unprecedented but it is definitely setting the stage for <a href=\"https:\/\/markchain.io\/en\/blockchain-all-you-need-to-know\/\" target=\"_blank\" rel=\"noopener\">blockchain<\/a> advertising products to flourish. With the aid of blockchain smart contracts, <\/span><a href=\"https:\/\/satt-token.com\/\"><span style=\"font-weight: 400;\">SaTT<\/span><\/a><span style=\"font-weight: 400;\"> is issuing a product that will render redundant the services of third-party within the advertising network. This will not only serve as a viable alternative to third-party cookies but will also cut down advertising costs and create a value system that is transparent and efficient.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Performance_Art_Film_Is_Now_Tokenized_on_the_Ethereum_Blockchain\"><\/span><a href=\"https:\/\/ct.com\/8qwn\" target=\"_blank\" rel=\"noopener\"><b><i>Performance Art Film Is Now Tokenized on the Ethereum Blockchain<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2356\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/5.png.jpg\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"467\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/5.png.jpg 1035w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/5.png-300x200.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/5.png-1024x683.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/5.png-768x512.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">It has been <\/span><a href=\"https:\/\/www.reddit.com\/r\/ethereum\/comments\/hn1yoz\/how_are_we_a_quarantine_performance_art_piece\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> that a performance art collaboration dubbed HOW ARE WE, which consists of 15 short works, has been hashed and minted into a non-fungible token on the Ethereum blockchain.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not just the artists, but the project\u2019s contributors get to receive rewards whenever the asset is sold. This is due to a novel mechanism that was adopted for this same purpose. Only holders of the ERC-721 token in which the hash and metadata of the artwork are stored, can gain access to HOW ARE WE.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">HOW ARE WE\u2019s Head of blockchain, Rob Solomon showed regrets in not being able to advance the means by which legitimacy is proven so that artists can own, and be compensated for their work, even though they have been able to advance the means by which art is created and shared.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"More_Updates_This_Week%E2%80%A6\"><\/span><strong>More Updates This Week&#8230;!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Venezuela_military_seizes_315_ASICs_from_local_Bitcoin_miner\"><\/span><a href=\"https:\/\/decrypt.co\/35018\/venezuela-military-seizes-bitcoin-miners\" target=\"_blank\" rel=\"noopener\"><b><i>Venezuela military seizes 315 ASICs from local Bitcoin miner<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2364\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/11.jpg\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/11.jpg 640w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/11-300x169.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Venezuela\u2019s love-hate relationship with Bitcoin rolls on, as the military moves to seize 315 ASICs from a local crypto miner for lack of paperwork. This depicts the disposition of Venezuela towards cryptocurrencies at large. Every now and then, crypto miners have a face-off with the government.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Adolfo Rodriguez Cepeda, the Commander of the relevant district, <\/span><a href=\"https:\/\/primicia.com.ve\/sucesos\/gnb-retiene-mas-de-300-maquinas-de-bitcoin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">carried out a check<\/span><\/a><span style=\"font-weight: 400;\"> on a van that was trying to go through a military checkpoint on the outskirts of the city. Upon discovering that the driver had no license to own and operate a 315 Bitmain ASICS model Antminer S9. They seized it from him and referred the case to the Bureau in charge of regulating the cryptocurrency industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nevertheless, the Venezuela President had in the past shown considerable support for the use of cryptocurrencies. Legislations and executive orders are now in place to legalize cryptocurrencies. With the unstable stance of Venezuela\u2019s authority, one could guess that the country is having a hard time finding a safe-playing ground for cryptocurrencies.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"First_Mover_Even_Bank_of_America_Acknowledges_China_Winning_Digital-Currency_Race\"><\/span><a href=\"https:\/\/www.coindesk.com\/first-mover-bank-of-america-china-digital-currency-race\" target=\"_blank\" rel=\"noopener\"><b><i>First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2362\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/10.jpg\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/10.jpg 800w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/10-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/10-768x432.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Analysts at the Bank of America are insinuating that China is likely to have a clear first-mover advantage in its adoption of digital currencies, both in terms of timing and usage as China pushes to <\/span><a href=\"https:\/\/click.coindesk-email.com\/?qs=a5741fe1a932e42ded52e7a037239938de0c926d15675e0f55f57d09afacf6029df9ee6d94c03f0e436e8bf00f6b4587610b61ad93c381e0\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">roll out<\/span><\/a><span style=\"font-weight: 400;\"> a digital version of its yuan.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although this may not end the U.S. dollar\u2019s <\/span><a href=\"https:\/\/click.coindesk-email.com\/?qs=a5741fe1a932e42d2663a4bba5fcb2d2adf8ffd64e0605a61f292008d28859b16f86a41919df1ba2d84074f474d52b994616120d86b2e0dc\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">century-long reign<\/span><\/a><span style=\"font-weight: 400;\"> as the dominant currency for international payments and Central Bank reserves, the US dollar should be ready for a dent in its de facto sovereignty. The digital yuan, dubbed <\/span><i><span style=\"font-weight: 400;\">renminbi or RMB,<\/span><\/i><span style=\"font-weight: 400;\"> could increase the use of the Chinese currency in international commerce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bank of America analyst also noted that several Asian countries, including Thailand, Singapore, and South Korea are assessing their own digital currencies, which might become integrated with yuan-based payment systems.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mainstream_Adoption_Of_The_Week\"><\/span><b>Mainstream Adoption Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Mercedes_Maker_Daimler_Tests_Blockchain_for_Supply-Chain_Data_Sharing\"><\/span><a href=\"https:\/\/www.coindesk.com\/mercedes-maker-daimler-tests-blockchain-for-supply-chain-data-sharing\" target=\"_blank\" rel=\"noopener\"><b><i>Mercedes Maker Daimler Tests Blockchain for Supply-Chain Data Sharing<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2360\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/9.jpg\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"467\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/9.jpg 960w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/9-300x200.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/9-768x512.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">A blockchain-based data-sharing platform, Ocean Protocol,&nbsp; has completed a proof of concept with Daimler AG on the 7th of July. The effect of this is that the Mercedes Benz maker can begin monetizing data streams within the company and its supply network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key pieces of the puzzle involved Daimler\u2019s Stuttgart center of operations and its Singapore production hub. This allows big business ventures to be at ease when sharing data and extracting insights from recently discovered data sets. However future looks bright as they get to keep tabs on who is looking at what.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This development has spurred more car manufacturers like Daimler, General Motors, and BMW to test-run blockchain technology by exploring everything from vehicle identity to <\/span><a href=\"https:\/\/www.coindesk.com\/gm-bmw-back-blockchain-data-sharing-for-self-driving-cars\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">managing data<\/span><\/a><span style=\"font-weight: 400;\"> from self-driving cars. The resultant effect of the adoption of blockchain in data sharing is a huge slash in costs.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Weeks_Crypto_Market_Sentiment\"><\/span><b>This Week\u2019s Crypto Market Sentiment<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bitcoin_Realized_Volatility_Last_Did_This_Right_Before_2018_Sell-Off\"><\/span><a href=\"https:\/\/ct.com\/8qlk\" target=\"_blank\" rel=\"noopener\"><b><i>Bitcoin Realized Volatility Last Did This Right Before 2018 Sell-Off<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2357\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/6.png.jpg\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"342\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/6.png.jpg 1080w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/6.png-300x146.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/6.png-1024x500.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/6.png-768x375.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The bears are on the lookout to seize the market as Bitcoin\u2019s 10-day trading activities reveal some interesting correlations. It is said that the late 2018 event that led to a massive selloff from the $6k to the $3k region may repeat itself.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Skew, an analyst highlighted that the Bitcoin realized volatility has nose-dived to a miserable 20%. He <\/span><a href=\"http:\/\/twitter.com\/skewdotcom\/status\/1280071326712188930\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">recalled<\/span><\/a><span style=\"font-weight: 400;\"> that the last time the metric was 20%,&nbsp; the rate of Bitcoin to the US Dollars hit $3100. This led to the great sell-off of November 2018.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Just last week, Cointelegraph <\/span><a href=\"https:\/\/ct.com\/8qlk\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">disclosed<\/span><\/a><span style=\"font-weight: 400;\"> that the lack of volatility is accompanied by decreasing volumes in Bitcoin. On the one hand, Bitcoin seems to be unstable, while on the other hand, analysts foresee a bullish breakout.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Interestingly, Respondents seem to disagree with the above fact. About 50% of the 9,800 participants project that both gold and Bitcoin will turn bullish for the long term.<\/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-2349\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/2.png.png\" alt=\"Crypto Highlights Week #28 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"652\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/2.png.png 640w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/07\/2.png-300x279.png 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>We hope you enjoyed the latest crypto highlights from last week. For a peek at the our last edition of crypto highlights &amp; blockchain news, click <a href=\"https:\/\/satt-token.com\/blog\/2020\/07\/08\/crypto-highlights-week-27-everything-from-last-week-you-dont-want-to-miss\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: Tokenized performance Art, China winning digital currency race, Mercedes test blockchain for supply-chain data sharing, Bitcoin volatility mirrors 2018 selloff, Renewed trouble for Venezuela\u2019s miners: Read the article for these and more in this week\u2019s crypto highlights. China [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-2342","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\/2342","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=2342"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2342\/revisions"}],"predecessor-version":[{"id":11056,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2342\/revisions\/11056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/2350"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=2342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=2342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=2342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}