{"id":3261,"date":"2020-12-30T09:17:53","date_gmt":"2020-12-30T08:17:53","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=3261"},"modified":"2022-03-25T09:55:33","modified_gmt":"2022-03-25T08:55:33","slug":"crypto-highlights-week-52-bitcoin-miner-revenue-by-th-s-hits-a-new-record-high-in-2020","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/3261","title":{"rendered":"Crypto Highlights Week #52 \u2013 Bitcoin miner revenue by TH\/s hits a new record high in 2020"},"content":{"rendered":"<p><b><i>Crypto Highlights: <\/i><\/b><i>Coinbase Halts XRP trading, Bitcoin Whales Feast Continues after Christmas, <\/i><i>Altseason underway, Miners revenue hits ATH: <\/i><i>there is more in this week\u2019s Crypto Highlights<\/i><b><i>.<\/i><\/b><\/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\/3261\/#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\/3261\/#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\/3261\/#Coinbase_Announces_it_will_halt_XRP_trading_in_response_to_the_legal_action_taken_by_the_United_States_SEC_against_Ripple\" title=\"Coinbase Announces it will halt XRP trading in response to the legal action taken by the United States SEC against Ripple\">Coinbase Announces it will halt XRP trading in response to the legal action taken by the United States SEC against Ripple<\/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\/3261\/#Bitcoin_miner_revenue_by_THs_hits_a_new_record_high_in_2020\" title=\"Bitcoin miner revenue by TH\/s hits a new record high in 2020\">Bitcoin miner revenue by TH\/s hits a new record high in 2020<\/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\/3261\/#DeFi_Christmas_DEX_Aggregator_1inch_Launches_Governance_Token_to_Take_On_Uniswap\" title=\"DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap\">DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap<\/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\/3261\/#Top_Adoption_Of_The_Week\" title=\"Top Adoption Of The Week\">Top 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-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/3261\/#Bitcoin_Whales_have_joined_the_party_since_Christmas_and_making_aggressive_buys\" title=\"Bitcoin Whales have joined the party since Christmas and making aggressive buys&nbsp;\">Bitcoin Whales have joined the party since Christmas and making aggressive buys&nbsp;<\/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\/3261\/#Exclusive_From_SaTT\" title=\"Exclusive From SaTT\">Exclusive From SaTT<\/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\/3261\/#SaTT_smart_advertising_is_in_good_company_taking_the_open-source_route\" title=\"SaTT smart advertising is in good company taking the open-source route\">SaTT smart advertising is in good company taking the open-source route<\/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\/3261\/#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\/3261\/#Altseason_and_30K_in_sight_5_things_to_watch_in_Bitcoin_as_2020_ends\" title=\"Altseason and $30K in sight: 5 things to watch in Bitcoin as 2020 ends\">Altseason and $30K in sight: 5 things to watch in Bitcoin as 2020 ends<\/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<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3267\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/Picture1-1.jpg\" alt=\"\" width=\"700\" height=\"434\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/Picture1-1.jpg 624w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/Picture1-1-300x186.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><strong>XRP Price drops an instant 10% after Coinbase\u2019s announcement to halt XRP trading.&nbsp;<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>Bitcoin Whales in action over the post-Christmas break<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>As Bitcoin breached the 28k mark to set a new all-time, analysts are pointing to a potential Altcoin season.&nbsp;<\/strong><\/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=\"Coinbase_Announces_it_will_halt_XRP_trading_in_response_to_the_legal_action_taken_by_the_United_States_SEC_against_Ripple\"><\/span><a href=\"https:\/\/blog.coinbase.com\/coinbase-will-suspend-trading-in-xrp-on-january-19-2e09652dbf57\" target=\"_blank\" rel=\"noopener\"><b><i>Coinbase Announces it will halt XRP trading in response to the legal action taken by the United States SEC against Ripple<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3263\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/27073461537_7802c0252c_c.jpg\" alt=\"\" width=\"700\" height=\"452\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/27073461537_7802c0252c_c.jpg 800w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/27073461537_7802c0252c_c-300x194.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/27073461537_7802c0252c_c-768x496.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">In news that shocked the crypto industry, Coinbase, the leading cryptocurrency exchange has <\/span><a href=\"https:\/\/blog.coinbase.com\/coinbase-will-suspend-trading-in-xrp-on-january-19-2e09652dbf57\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">announced <\/span><\/a><span style=\"font-weight: 400;\">that it plans to halt trading XRP tokens on Coinbase after January 19th. Furthermore, the exchange has stated that they may halt trading services well in-advance given the rising circumstances against Ripple.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">XRP was trading above $0.6 just 2 weeks ago on the 18th of December before it went into a massive sell-off that saw <\/span><a href=\"https:\/\/ripple.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Ripple\u2019s <\/span><\/a><span style=\"font-weight: 400;\">XRP trading just above $0.2.&nbsp; It all started to collapse when the United States SEC, announced on Dec 22 that the <\/span><a href=\"https:\/\/www.reuters.com\/article\/us-usa-sec-ripple\/u-s-sec-charges-blockchain-company-ripple-for-conducting-an-unregistered-securities-offering-idUSKBN28W2J1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">SEC will charge Ripple<\/span><\/a><span style=\"font-weight: 400;\"> Co-Founder Chris Larsen and CEO Brad Garlinghouse with charges for conducting a 1.3Billion USD &#8220;unregistered, ongoing digital asset securities offering.&#8221;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following Coinbase, <\/span><a href=\"https:\/\/www.okcoin.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">OKCoin<\/span><\/a><span style=\"font-weight: 400;\"> also announced earlier yesterday that they will impose a <\/span><a href=\"https:\/\/www.coindesk.com\/okcoin-to-suspend-xrp-trading-and-deposits-on-january-4\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">ban on XRP deposits and suspend trading<\/span><\/a><span style=\"font-weight: 400;\"> from the 4th of January advancing the timelines further.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The topic also gained a lot of attraction on social media especially on Twitter as crypto followers shared their insights openly on the future of the digital asset.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The general sentiment over Twitter could be summarized to a <\/span><a href=\"https:\/\/twitter.com\/PratikKala\/status\/1343699653947101190\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">tweet <\/span><\/a><span style=\"font-weight: 400;\">by a crypto follower where they stated &#8220;Liquidity will dry up and the remaining market makers in Asia will have to exit it too.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Does this mean the end for Ripple\u2019s XRP? We won\u2019t have to wait long to find out.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bitcoin_miner_revenue_by_THs_hits_a_new_record_high_in_2020\"><\/span><a href=\"https:\/\/www.theblockcrypto.com\/linked\/89507\/bitcoin-miner-revenue-th-s-new-record-high-2020\" target=\"_blank\" rel=\"noopener\"><b><i>Bitcoin miner revenue by TH\/s hits a new record high in 2020<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2643\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/Bitcoinq.jpg\" alt=\"\" width=\"700\" height=\"467\" title=\"\"><\/p>\n<p><span style=\"font-weight: 400;\">Despite the 2020 Bitcoin halving which saw miners\u2019 reward halved into two, miners\u2019 revenues by <\/span><span style=\"font-weight: 400;\">terahash per second (TH\/s) have <\/span><span style=\"font-weight: 400;\">skyrocketed to hit new highs in 2020. According to a report carried out by <\/span><a href=\"https:\/\/www.theblockcrypto.com\/data\/on-chain-metrics\/bitcoin\/bitcoin-miner-revenue-per-th-s-7dma\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Block Research<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">each bitcoin miner is making $0.19 daily per TH\/s of computing power which ranks as the highest amount this year.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recall that the last highest figure this year stood at $0.17 sometime in February, when Bitcoin was trading at around $10,500 prior to the halving event. According to the research firm, it uses a 7-day moving average for mining revenue per TH\/s.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aggregating the total revenue accrued, Bitcoin miners made $24.27 million on Dec. 2018. Out of this amount, $21.59 million came from block subsidies and the rest from transaction fees. While the mining reward has maintained an upward trend, the mining difficulty has remained without much change.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"DeFi_Christmas_DEX_Aggregator_1inch_Launches_Governance_Token_to_Take_On_Uniswap\"><\/span><a href=\"https:\/\/www.coindesk.com\/defi-christmas-dex-aggregator-1inch-launches-governance-token-to-take-on-uniswap\" target=\"_blank\" rel=\"noopener\"><b><i>DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3264\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/major-defi-exchange-gifts-users-millions-in-free-crypto-on-christmas-day.jpg\" alt=\"\" width=\"700\" height=\"350\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/major-defi-exchange-gifts-users-millions-in-free-crypto-on-christmas-day.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/major-defi-exchange-gifts-users-millions-in-free-crypto-on-christmas-day-300x150.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/major-defi-exchange-gifts-users-millions-in-free-crypto-on-christmas-day-768x384.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Following the path of Uniswap, DEX aggregator 1inch&nbsp; has launched a governance token $1inch whose initial supply was airdropped to all users that have interacted with the protocol before 24th December. The token will be the primary utility token on 1INCH exchange and will be used for payment of fees, referral rewards, and other governance issues.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It was estimated that around 50,000 wallets will get the 6% of 1INCH supply in the first round of distribution. The current supply of 1INCH is 1.5 billion tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similar to<\/span> <a href=\"https:\/\/www.coindesk.com\/uniswap-token\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Uniswap<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">1inch has also announced a liquidity mining program that launched on Dec. 26 for 1INCH liquidity providers. Just as Uniswap\u2019s UNI airdrop boosted activity on that site, CEO Sergej Kunz has upheld the same optimism that the new token will help speed up the growth of 1inch. \u201cWith the right community incentives, we see a chance to get a critical mass of liquidity to beat Uniswap,\u201d&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">1inch was founded in 2019 by Kunz, a former software engineer at Porsche, and CTO Anton Bukov, a former smart-contract developer at NEAR Protocol. The project completed $14.8 million in two rounds of fundraising from<\/span> <a href=\"https:\/\/www.coindesk.com\/dex-1inch-2-8m-from-binance-galaxy\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Binance Labs<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.coindesk.com\/1inch-dex-aggregator-pantera-capital-12m-funding-round\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Pantera<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">and others earlier this year.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_Adoption_Of_The_Week\"><\/span><b>Top Adoption Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bitcoin_Whales_have_joined_the_party_since_Christmas_and_making_aggressive_buys\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-whales-are-buying-more-aggressively-since-christmas-data-finds\" target=\"_blank\" rel=\"noopener\"><b><i>Bitcoin Whales have joined the party since Christmas and making aggressive buys&nbsp;<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2424\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/2-1.jpg\" alt=\"Crypto Highlights Week #31 \u2013 Everything from Last Week you don\u2019t want to miss\" width=\"700\" height=\"525\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/2-1.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/2-1-300x225.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/08\/2-1-768x576.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Summing up this week&#8217;s crypto highlights is how the overall market picture has witnessed over $647million worth of Bitcoins being moved from small addresses to large addresses, according to analysts at <\/span><a href=\"https:\/\/santiment.net\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Santiment<\/span><\/a><span style=\"font-weight: 400;\">. This is 100% proof that Bitcoin Whales in the form of High Net worth Individuals, hedge fund managers, and even small to medium institutions are occupying the current BTC supply in the market.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Extracting a statement on <\/span><a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1343527037345021952\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Twitter<\/span><\/a> <span style=\"font-weight: 400;\">by Santiment, the on-chain crypto market-data analyst wrote:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cOver the last 48 hours since Christmas, #Bitcoin addresses with 1,000 or more $BTC now own 0.13% more of the supply that smaller addresses did previously. This is about 24,158 tokens, which translates to $647.7M at the time of this writing.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Despite Bitcoin\u2019s legendary rally to a threefold increase since mid-2020, most Bitcoin whales are reluctant to sell off their stack. <\/span><span style=\"font-weight: 400;\">&nbsp;Ki Young Ju, CEO at CryptoQuant noted that fewer whales are depositing to exchanges. \u201cI think this bull-run will continue as institutional investors keep buying and Exchange Whale Ratio keeps below 85%.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With <\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-crashes-by-6-5-in-minutes-after-hitting-28-4k-sell-wall\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bitcoin\u2019s overextended rally<\/span><\/a><span style=\"font-weight: 400;\">, whales are betting that the psychological barrier at $30,000 will possibly break-through. If this happens, options data suggests $36,000 could be a likely target in the near term.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Exclusive_From_SaTT\"><\/span><b>Exclusive From SaTT<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"SaTT_smart_advertising_is_in_good_company_taking_the_open-source_route\"><\/span><a href=\"https:\/\/www.crypto-news-flash.com\/satt-smart-advertising-is-in-good-company-taking-the-open-source-route\/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=satt-smart-advertising-is-in-good-company-taking-the-open-source-route\" target=\"_blank\" rel=\"noopener\"><b><i>SaTT smart advertising is in good company taking the open-source route<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"attachment_3086\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3086\" class=\"img-responsive wp-image-3086\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/10\/Roadmap.jpeg\" alt=\"SaTT Roadmap\" width=\"700\" height=\"747\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/10\/Roadmap.jpeg 776w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/10\/Roadmap-281x300.jpeg 281w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/10\/Roadmap-768x819.jpeg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-3086\" class=\"wp-caption-text\">SaTT Roadmap<\/p><\/div>\n<p><span style=\"font-weight: 400;\">It has always been clear to us that a blockchain project, decentralized by definition, cannot be constrained by a centralized environment. Our decision to go open-source will open up the SaTT ecosystem to various positive possibilities. SaTT aims to benefit from community contributions and exceed our vision and know-how, establishing ourselves as a universal reference.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Leveraging on the premise that most open-source projects like Ethereum, Hyperledger, Solidity, and MetaMask have risen to the center-stage with a lot of contributions from top coders and programmers, going open-source will enable us to scale faster, putting <\/span><span style=\"font-weight: 400;\">up a fast, secure, tamper-proof, and cost-efficient advertising solution.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SaTT smart advertising system shows much promise, we have already issued our working solution, now on a voyage to implementing a massively large scale POC. With our six-month journey to open-source, the possibilities are endless.<\/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=\"Altseason_and_30K_in_sight_5_things_to_watch_in_Bitcoin_as_2020_ends\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/altseason-and-30k-in-sight-5-things-to-watch-in-bitcoin-as-2020-ends?utm_source=Telegram&amp;utm_medium=social\" target=\"_blank\" rel=\"noopener\"><b><i>Altseason and $30K in sight: 5 things to watch in Bitcoin as 2020 ends<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3265\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/maxresdefault.jpg\" alt=\"\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/maxresdefault.jpg 1280w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/maxresdefault-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/maxresdefault-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/maxresdefault-768x432.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin gifts holders a rare Christmas present as it breaks through the $28k area to set a new all-time high before retracing. Hitting <\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-crashes-by-6-5-in-minutes-after-hitting-28-4k-sell-wall\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">fresh highs of $28,400<\/span><\/a><span style=\"font-weight: 400;\"> and closing in on a monthly gain of 55%, Bitcoin is unarguably now on regulators\u2019 radar as its mainstream interest heightens. Even for its proponents, the next year may prove to be a challenging time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With outgoing Treasury Secretary Steven Mnuchin <\/span><a href=\"https:\/\/cointelegraph.com\/news\/analysts-say-mnuchin-s-proposed-self-custody-rule-won-t-impact-bitcoin-price\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">leaving his mark<\/span><\/a><span style=\"font-weight: 400;\"> with an attempt to force new laws over noncustodial wallets, his replacement, Janet Yellen, may hardly be an improvement, chief strategy officer at digital-asset manager at CoinShares Meltem Demirors commented:&nbsp;<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cGenerally, I think we have had challenges with the Dems \u2014 they prefer more regulation, more oversight,\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">While Bitcoin\u2019s retracement from its most recent all-time high is seen as healthy, most analysts believe Altcoin season could be underway. Cointelegraph Markets analyst Micha\u00ebl van de Poppe <\/span><a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1343310038929199104\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">summarized<\/span><\/a><span style=\"font-weight: 400;\"> on social media.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cWhat&#8217;s next? Consolidation, sideways action, less volatility. Giving space to the rest of the markets to pace up. $BTC pairs doing well.\u201d&nbsp;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Van de Poppe is looking at the potential for altcoins to begin their response to Bitcoin\u2019s recent glories. He stated that the signs are already there and that \u201caltseason\u201d is just around the corner.<\/span><\/p>\n<p><b>This Week\u2019s Crypto Meme<\/b><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3262\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/12\/image0.jpeg\" alt=\"\" width=\"576\" height=\"418\" title=\"\"><\/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\/12\/22\/crypto-highlights-week-51-everything-from-last-week-you-dont-want-to-miss-2\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: Coinbase Halts XRP trading, Bitcoin Whales Feast Continues after Christmas, Altseason underway, Miners revenue hits ATH: there is more in this week\u2019s Crypto Highlights. Top Headlines Of The Week XRP Price drops an instant 10% after Coinbase\u2019s announcement [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":3227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-3261","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\/3261","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=3261"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/3261\/revisions"}],"predecessor-version":[{"id":11229,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/3261\/revisions\/11229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/3227"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=3261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=3261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=3261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}