{"id":2517,"date":"2020-08-31T18:17:50","date_gmt":"2020-08-31T16:17:50","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=2517"},"modified":"2022-03-15T11:51:19","modified_gmt":"2022-03-15T10:51:19","slug":"crypto-highlights-week-35-united-states-sec-updates-accredited-investor-term","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/2517","title":{"rendered":"Crypto Highlights Week #35 \u2013 United States SEC Updates \u201cAccredited Investor\u201d Term"},"content":{"rendered":"<p><b>Crypto Highlights: <\/b><i>DeFi surpasses $7B in locked funds, 3 key factors driving Bitcoin price, Binance launches DeFi Futures, Ether volatility surges: These and more in this week\u2019s crypto highlights.&nbsp;<\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2522\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/1.png-3.jpg\" alt=\"Crypto Highlights\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/1.png-3.jpg 1920w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/1.png-3-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/1.png-3-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/1.png-3-768x432.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/1.png-3-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/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\/2517\/#Top_Headlines_Of_The_Week\" title=\"Top Headlines Of The Week\">Top Headlines Of The Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/2517\/#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-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/2517\/#DeFi_surpasses_7B_in_locked_funds_but_just_six_projects_hold_90_of_capital\" title=\"DeFi surpasses $7B in locked funds, but just six projects hold 90% of capital\">DeFi surpasses $7B in locked funds, but just six projects hold 90% of capital<\/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\/2517\/#Korean_Police_Seize_Crypto_Exchange_Coinbit_Over_Allegations_of_84_Million_in_Wash_Trades\" title=\"Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades\">Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/2517\/#First_Mover_Binances_New_DeFi_Futures_Let_Crypto_Traders_Bet_on_Decentralization\" title=\"First Mover: Binance\u2019s New DeFi Futures Let Crypto Traders Bet on Decentralization\">First Mover: Binance\u2019s New DeFi Futures Let Crypto Traders Bet on Decentralization<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/2517\/#More_News_Updates\" title=\"More News Updates\">More News Updates<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/2517\/#United_States_SEC_Updates_Accredited_Investor_Term\" title=\"United States SEC Updates \u201cAccredited Investor\u201d Term\">United States SEC Updates \u201cAccredited Investor\u201d Term<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/satt-token.com\/blog\/archives\/2517\/#Ether_Volatility_Now_Highest_in_Six_Months_Compared_With_Bitcoins\" title=\"Ether Volatility Now Highest in Six Months Compared With Bitcoin\u2019s\">Ether Volatility Now Highest in Six Months Compared With Bitcoin\u2019s<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/2517\/#SaTT_Token_listed_on_Etherscanio\" title=\"SaTT Token listed on Etherscan.io\">SaTT Token listed on Etherscan.io<\/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\/2517\/#This_Weeks_Market_Sentiment\" title=\"This Week\u2019s Market Sentiment\">This Week\u2019s 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\/2517\/#BTC_to_end_2020_in_style_3_key_factors_predict_Bitcoin_price_surge\" title=\"BTC to end 2020 in style: 3 key factors predict Bitcoin price surge\">BTC to end 2020 in style: 3 key factors predict Bitcoin price surge<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Top_Headlines_Of_The_Week\"><\/span><b>Top Headlines Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">DeFi continues to blow hot as the protocol surpasses $7B in locked funds, however only the top six projects hold 90% of the total value locked.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">On August 26, the South Korean Police raided and seized the offices of Coinbit, the country\u2019s third-largest crypto exchange, over allegations it faked 99% of its trading volume.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It is anticipated that Ether will be more volatile than Bitcoin with the measure of risk at a six-month high amid a boom in DeFi.<\/span><\/li>\n<\/ul>\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=\"DeFi_surpasses_7B_in_locked_funds_but_just_six_projects_hold_90_of_capital\"><\/span><a href=\"https:\/\/ct.com\/8w1w\" target=\"_blank\" rel=\"noopener\"><b><i>DeFi surpasses $7B in locked funds, but just six projects hold 90% of capital<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2523\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/DeFi.jpg\" alt=\"Crypto Highlights\" width=\"700\" height=\"333\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/DeFi.jpg 1200w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/DeFi-300x143.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/DeFi-1024x486.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/DeFi-768x365.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">While just six projects hold 90% of capital, the entire DeFi system surpasses $7B in locked funds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <\/span><a href=\"https:\/\/defipulse.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">DeFiPulse<\/span><\/a><span style=\"font-weight: 400;\">, the total value of capital locked in decentralized finance protocols has increased by 271% in less than two months to surpass $7 billion for the first time. At this rate, DeFi is projected to hit $27 billion by the end of 2020.<\/span><\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/the-aave-protocol-beats-maker-and-compound-to-become-1-in-defi-rankings\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Aave<\/span><\/a><span style=\"font-weight: 400;\"> currently comprises the largest DeFi project, with $1.51 billion locked, followed by MakerDAO with $1.42 billion, Curve Finance with $1.15 billion, yEarn Finance with $845 million, Synthetic with $851 million and Compound representing $797 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is apparent that only a few out of the numerous DeFi projects have been able to establish themselves as long-term leaders within the sector so industry leaders have warned of <\/span><a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1294183084640759815\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">over-exuberant bullishness<\/span><\/a><span style=\"font-weight: 400;\"> in the DeFi sector.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Korean_Police_Seize_Crypto_Exchange_Coinbit_Over_Allegations_of_84_Million_in_Wash_Trades\"><\/span><a href=\"https:\/\/news.bitcoin.com\/korean-police-seize-crypto-exchange-coinbit-over-allegations-of-84-million-in-wash-trades\/\" target=\"_blank\" rel=\"noopener\"><b><i>Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2524\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/korean-news.jpg\" alt=\"Crypto Highlights\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/korean-news.jpg 1280w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/korean-news-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/korean-news-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/korean-news-768x432.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">On August 26, the South Korean Police <\/span><a href=\"https:\/\/amp.seoul.co.kr\/m\/20200826500049\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">raided<\/span><\/a><span style=\"font-weight: 400;\"> and seized the offices of Coinbit, the country\u2019s third-largest crypto exchange, over allegations it faked 99% of its trading volume. They also accused the exchange\u2019s owner Choi Mo and other managers of \u201cwash trading\u201d and gaining 100 billion won ($84 million) in profit fraudulently.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the case of Coinbit, the exchange was functionally split into two operational accounts containing all user funds. Fraud within the first account involved major <\/span><a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">cryptocurrencies<\/span><\/a><span style=\"font-weight: 400;\"> which Coinbit staff moved internally between \u201cghost accounts\u201d.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The firm prevented transactions with outside exchanges so that the owner and management were able to control the supply of coins. The authorities then examined Coinbit\u2019s books before alerting the police and investigations found discrepancies in the deposits and withdrawals of 99% of the trading volumes.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"First_Mover_Binances_New_DeFi_Futures_Let_Crypto_Traders_Bet_on_Decentralization\"><\/span><a href=\"https:\/\/www.coindesk.com\/first-mover-binances-new-defi-futures-let-crypto-traders-bet-on-decentralization\" target=\"_blank\" rel=\"noopener\"><b><i>First Mover: Binance\u2019s New DeFi Futures Let Crypto Traders Bet on Decentralization<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2525\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/Defi-Futures-Binance.png\" alt=\"Crypto Highlights\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/Defi-Futures-Binance.png 1600w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/Defi-Futures-Binance-300x169.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/Defi-Futures-Binance-1024x576.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/Defi-Futures-Binance-768x432.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/Defi-Futures-Binance-1536x864.png 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Big centralized crypto exchanges are finding a way to cash in on the fast-growing realm of DeFi. Semi-autonomous exchanges and lenders erected from interconnected systems of digital tokens and coding atop the Ethereum blockchain -with $7 billion of value locked.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This new development introduces indexes tied to the fate of \u201c<\/span><a href=\"https:\/\/www.coindesk.com\/first-mover-binances-new-defi-futures-let-crypto-traders-bet-on-decentralization\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">DeFi\u201d tokens<\/span><\/a><span style=\"font-weight: 400;\"> and new futures contracts and other types of derivatives. For traders, these indexes provide a way to speculate on decentralized finance without going all in on any single project.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Binance has introduced \u201cDeFi Index Perpetual Contracts,\u201d listed on Binance Futures, the contracts will be denominated in the dollar-linked stablecoin tether and offer traders <\/span><a href=\"https:\/\/www.coindesk.com\/first-mover-binances-new-defi-futures-let-crypto-traders-bet-on-decentralization\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">leverage<\/span><\/a><span style=\"font-weight: 400;\"> up to 50 times their money.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Binance\u2019s DeFi index consists of 10 tokens associated with DeFi, which include Chainlink\u2019s LINK, Compound\u2019s COMP, Kyber\u2019s KNC, Aave\u2019s LEND, ZRX\u2019s 0x and MakerDAO\u2019s MKR.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"More_News_Updates\"><\/span><strong>More News Updates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"United_States_SEC_Updates_Accredited_Investor_Term\"><\/span><a href=\"https:\/\/cryptodaily.co.uk\/2020\/08\/the-united-states-securities-and-exchange-commission-just-adopted-changes\" target=\"_blank\" rel=\"noopener\"><b><i>United States SEC Updates \u201cAccredited Investor\u201d Term<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2526\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/SEC.jpg\" alt=\"Crypto Highlights\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/SEC.jpg 1280w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/SEC-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/SEC-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/SEC-768x432.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Prior to this time, investors that do not meet the income requirements were turned down from the option of investing in SEC\u2019s wide-ranged private markets, but the US SEC has adopted changes to the requirements of being an \u201caccredited investor\u201d.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The changes in this update improve the accredited investor term to include institutional and individual investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The SEC\u2019s chairman <\/span><a href=\"https:\/\/cryptodaily.co.uk\/2020\/08\/the-united-states-securities-and-exchange-commission-just-adopted-changes\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">noted<\/span><\/a><span style=\"font-weight: 400;\"> that:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cFor the first time, individuals will be permitted to participate in our private capital markets not only based on their income or net worth but also based on established, clear measures of financial sophistication.&nbsp; I am also pleased that we have expanded and updated the list of entities, including tribal governments and other organizations that may qualify to participate in certain private offerings.\u201d&nbsp;&nbsp;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">With these changes, investors will be able to qualify as accredited investors based on defined measures of professional knowledge or experience.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Ether_Volatility_Now_Highest_in_Six_Months_Compared_With_Bitcoins\"><\/span><a href=\"https:\/\/www.coindesk.com\/ether-volatility-now-highest-in-six-months-compared-with-bitcoins\" target=\"_blank\" rel=\"noopener\"><b><i>Ether Volatility Now Highest in Six Months Compared With Bitcoin\u2019s<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It is anticipated that Ether will be more volatile than Bitcoin with the measure of risk at a six-month high amid a boom in DeFi. <\/span><a href=\"http:\/\/skew.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Skew<\/span><\/a><span style=\"font-weight: 400;\"> explains that the three-month spread between <\/span><a href=\"https:\/\/www.coindesk.com\/price\/ethereum\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">ether&#8217;s<\/span><\/a><span style=\"font-weight: 400;\"> volatility and <\/span><a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bitcoin&#8217;s<\/span><\/a><span style=\"font-weight: 400;\"> has risen to 29%.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The metric, which tracks the difference in implied volatility for at-the-money options in both cryptocurrencies, has risen from -2.4% to 29% in two months. Surge in the volatility spread suggests investors are pricing bigger percentage moves in ether than Bitcoin over the next quarter.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, traders are warned against interpreting the rise in Ether-Bitcoin volatility spread as a bullish price signal. The three-month ether-Bitcoin realized volatility spread bottomed out at 5.7% on July 20 and was last seen at 19%. Since this year, Bitcoin\u2019s price is up 64% on a year-to-date basis, while ether has gained over 200%. Thus it has secured a top spot in this week&#8217;s crypto highlights.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"SaTT_Token_listed_on_Etherscanio\"><\/span><a href=\"https:\/\/etherscan.io\/token\/0xdf49c9f599a0a9049d97cff34d0c30e468987389\" target=\"_blank\" rel=\"noopener\"><b>SaTT Token listed on Etherscan.io<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">SaTT is set to launch on exchanges next month and users are welcome to <\/span><a href=\"https:\/\/etherscan.io\/token\/0xdf49c9f599a0a9049d97cff34d0c30e468987389\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">verify<\/span><\/a><span style=\"font-weight: 400;\"> the SaTT token which recently listed on Etherscan. This marks a big step toward SaTT&#8217;s project development.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over $4 trillion in household wealth has been wiped out in the US public markets due to the coronavirus pandemic. To this end, the Harvard Business Review predicts that the current economic situation around the virus will \u201chasten the progress to more <\/span><a href=\"https:\/\/www.entrepreneur.com\/topic\/technology\/80\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">decentralized<\/span><\/a><span style=\"font-weight: 400;\"> global value chains.\u201d <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Experts have explained five anticipated decentralization trends in 2020 to witness.&nbsp; Among them are Privacy and security, Decentralized cloud storage and Decentralized marketing &amp; advertising solutions. SaTT has been identified as a market leader in <a href=\"https:\/\/markchain.io\/en\/blockchain-all-you-need-to-know\/\" target=\"_blank\" rel=\"noopener\">blockchain<\/a> for the advertising space.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As decentralization trends grow, SaTT remains committed to helping businesses and brands to promote decentralization. It creates a transparent process that eliminates intermediaries by relying on technology. Using smart contracts and oracles, SaTT enables automatic payments to influencers based on transparent and accurate results.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Weeks_Market_Sentiment\"><\/span><b>This Week\u2019s Market Sentiment<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"BTC_to_end_2020_in_style_3_key_factors_predict_Bitcoin_price_surge\"><\/span><a href=\"https:\/\/ct.com\/8vzp\" target=\"_blank\" rel=\"noopener\"><b><i>BTC to end 2020 in style: 3 key factors predict Bitcoin price surge<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Since late June, the price of <\/span><a href=\"https:\/\/cointelegraph.com\/bitcoin-price-index\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bitcoin<\/span><\/a><span style=\"font-weight: 400;\"> has seen a huge rally by nearly 30% from about $8,905 to just under $11,500. 3 macro factors point at an optimistic medium-term trend. The first is the decline of the USD. The second is the expectations of higher inflation rates. Also, <\/span><span style=\"font-weight: 400;\">Federal Reserve Chairman <\/span><span style=\"font-weight: 400;\">Jerome Powell\u2019s speech had strengthened the image of BTC as a store of value.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is little resistance between $13,000 and BTC\u2019s $20,000. BTC might see a new trading range between $10,000 and $13,000. Cathy Wood, CEO of Ark Invest, <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=9uzeN2NslAk\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">explained<\/span><\/a><span style=\"font-weight: 400;\"> that: \u201c$13,000 [level] is important because if we were to get through that\u2026 there would be very little resistance and we would probably be on our way back to the peaks we saw in late 2017 \u2014 $20,000\u2026\u201d&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The third is a metric that suggests that Bitcoin is seeing an extended accumulation phase. Right now, investors are purchasing BTC with the intent of holding.&nbsp;<\/span><\/p>\n<p><b>This Week\u2019s Crypto Meme&nbsp;<\/b><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2521 size-full\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/2.png-1-e1598888560928.jpg\" alt=\"Crypto Highlights\" width=\"620\" height=\"401\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/2.png-1-e1598888560928.jpg 620w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/2.png-1-e1598888560928-300x194.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/p>\n<p>We hope you enjoyed this week&#8217;s edition of crypto highlights. For a peek at our last edition of crypto highlights &amp; blockchain news, click <a href=\"https:\/\/satt-token.com\/blog\/2020\/08\/25\/crypto-highlights-week-34-everything-from-last-week-you-dont-want-to-miss\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: DeFi surpasses $7B in locked funds, 3 key factors driving Bitcoin price, Binance launches DeFi Futures, Ether volatility surges: These and more in this week\u2019s crypto highlights.&nbsp; Top Headlines Of The Week DeFi continues to blow hot as [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-2517","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\/2517","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=2517"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2517\/revisions"}],"predecessor-version":[{"id":11047,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/2517\/revisions\/11047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/2520"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=2517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=2517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=2517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}