{"id":3269,"date":"2021-01-05T09:23:44","date_gmt":"2021-01-05T08:23:44","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=3269"},"modified":"2022-03-15T11:14:07","modified_gmt":"2022-03-15T10:14:07","slug":"crypto-highlights-week-1-hackers-stole-120-million-via-15-defi-hacks-in-2020","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/3269","title":{"rendered":"Crypto Highlights Week #1\u2013 Hackers stole $120 million via 15 DeFi hacks in 2020"},"content":{"rendered":"<p><b>Crypto Highlights: <\/b><em>The U.S lacks behind in crypto regulations, $120m stolen in DeFi hacks in 2020, Ripple pretrial conference to hold in February, All-time high meets altseason: There is more in this week\u2019s Crypto Highlights.&nbsp;<\/em><\/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\/3269\/#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\/3269\/#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\/3269\/#The_US_has_already_lost_the_2020_crypto_regulation_race_to_Europe\" title=\"The US has already lost the 2020 crypto regulation race to Europe\">The US has already lost the 2020 crypto regulation race to Europe<\/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\/3269\/#Hackers_stole_120_million_via_15_DeFi_hacks_in_2020\" title=\"Hackers stole $120 million via 15 DeFi hacks in 2020\">Hackers stole $120 million via 15 DeFi hacks 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\/3269\/#Ripple_to_Meet_With_SEC_in_First_Pretrial_Conference_on_Feb_22\" title=\"Ripple to Meet With SEC in First Pretrial Conference on Feb. 22\">Ripple to Meet With SEC in First Pretrial Conference on Feb. 22<\/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\/3269\/#Biggest_Market_Adoption_Of_The_Week\" title=\"Biggest Market Adoption Of The Week\">Biggest Market 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\/3269\/#Social_media_interest_in_Bitcoin_hits_all-time_high\" title=\"Social media interest in Bitcoin hits all-time high\">Social media interest in Bitcoin hits all-time high<\/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\/3269\/#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\/3269\/#ICYMI_Exclusive_interview_of_SaTT_project_CEO_Gauthier_Bros\" title=\"ICYMI: Exclusive interview of SaTT project CEO, Gauthier Bros\">ICYMI: Exclusive interview of SaTT project CEO, Gauthier Bros<\/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\/3269\/#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\/3269\/#All-time_highs_meet_altseason_5_things_to_watch_in_Bitcoin_this_week\" title=\"All-time highs meet altseason: 5 things to watch in Bitcoin this week\">All-time highs meet altseason: 5 things to watch in Bitcoin this week<\/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\/3269\/#Meme_Of_The_Week\" title=\"Meme Of The Week\">Meme Of The Week<\/a><\/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-3272\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2.jpg\" alt=\"\" width=\"700\" height=\"421\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2.jpg 624w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2-300x180.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><strong>In light of the lawsuit slammed against Ripple by the U.S. Security and Exchange Commission (SEC), The first pretrial conference has been set for Feb. 22, 2021.&nbsp;<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>As Ether rally causes Bitcoin market dominance to fall from 73.5% to 68.3% overnight, the scenario is signaling an Altcoin season.&nbsp;<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>Social media interest in Bitcoin is now at an all-time high, says one Twitter analytics data report.&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=\"The_US_has_already_lost_the_2020_crypto_regulation_race_to_Europe\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/the-us-has-already-lost-the-2020-crypto-regulation-race-to-europe?\" target=\"_blank\" rel=\"noopener\"><b><i>The US has already lost the 2020 crypto regulation race to Europe<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3273\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1_X6063dJ5CGoBmbAOkP3Z9Q.jpeg\" alt=\"\" width=\"700\" height=\"467\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1_X6063dJ5CGoBmbAOkP3Z9Q.jpeg 696w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1_X6063dJ5CGoBmbAOkP3Z9Q-300x200.jpeg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">When it comes to cryptocurrency regulations, the United States has fallen greatly behind compared to other progressive and visionary nations. 2020 has unarguably been a stellar year for the crypto economy, with more institutional players buying into the crypto market.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Massive announcements, such as PayPal\u2019s <\/span><a href=\"https:\/\/cointelegraph.com\/news\/paypal-to-offer-crypto-payments-starting-in-2021\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">decision to enable<\/span><\/a><span style=\"font-weight: 400;\"> its users to buy and sell Bitcoin (<\/span><a href=\"https:\/\/cointelegraph.com\/bitcoin-price-index\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BTC<\/span><\/a><span style=\"font-weight: 400;\">), have understandably dominated the headlines, contributing to the increased interest in crypto products. While this interest is sustained, pivotal and essential regulations are needed for the market to remain sustainable in the long run. Disappointingly, among the top nations of the world, the U.S falls behind in concise crypto regulations.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While this is largely lacking in the U.S., key European-wide development in 2020 has been on the radar for the <\/span><a href=\"https:\/\/cointelegraph.com\/news\/european-commission-adopts-digital-finance-package-for-crypto-and-blockchain\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">EU\u2019s proposal<\/span><\/a><span style=\"font-weight: 400;\"> for a common framework legislating for crypto assets among its 27 member states. The regulation on<\/span><a href=\"https:\/\/eur-lex.europa.eu\/legal-content\/EN\/TXT\/?uri=CELEX%3A52020PC0593\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">Markets in Crypto Assets<\/span><\/a><span style=\"font-weight: 400;\">, or MiCA, aims \u201cto provide legal certainty around the definitions of a number of types of digital assets and associated services, with a pilot regime for DLT market infrastructures due to take place soon.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Can the development go on in other nations spur the U.S into action? 2021 could be the year that U.S decides step in, considering the massive interest that has flooded the market.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Hackers_stole_120_million_via_15_DeFi_hacks_in_2020\"><\/span><a href=\"https:\/\/www.theblockcrypto.com\/linked\/89830\/hackers-stole-120-million-via-15-defi-hacks-in-2020\" target=\"_blank\" rel=\"noopener\"><b><i>Hackers stole $120 million via 15 DeFi hacks in 2020<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3274\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/hack.jpg\" alt=\"\" width=\"700\" height=\"419\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/hack.jpg 674w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/hack-300x179.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Despite the general decline in crypto crimes in 2020, the industry witnessed a considerable number of DeFi hacks in 2020. DeFi exploded in popularity and so did stealing from DeFi platforms. Accounting for the 15 DeFi hacks recorded in 2020, a total of $120 million funds were stolen across the protocols.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to The <\/span><a href=\"https:\/\/www.theblockcrypto.com\/post\/88463\/2021-digital-asset-outlook\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Block Research<\/span><\/a><span style=\"font-weight: 400;\">, hackers exploited an amount ranging from $135,000 and $25 million, of this total value, only $45.6 million was recovered. bZx was exploited on three occasions via a contract bug that granted the hacker access to execute a flash loan attack that netted around 1,200 ETH.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The largest DeFi hack was Lend.me, in which $25&nbsp; million was allegedly stolen. A reentrancy attack vector enabled a hacker to interact with a token contract. It was disguised as if they had lots of collateral, which they didn\u2019t in the end. The hacker later returned the stolen funds.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The numerous DeFi hacks are a pointer to how young the DeFi market is, and the need for further advancement in the protocol especially as it concerns security.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Ripple_to_Meet_With_SEC_in_First_Pretrial_Conference_on_Feb_22\"><\/span><a href=\"https:\/\/www.coindesk.com\/ripple-to-meet-with-sec-in-first-pretrial-conference-on-feb-22\" target=\"_blank\" rel=\"noopener\"><b><i>Ripple to Meet With SEC in First Pretrial Conference on Feb. 22<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3275\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/OG-Collateral-wide-1.jpg\" alt=\"\" width=\"700\" height=\"368\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/OG-Collateral-wide-1.jpg 1200w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/OG-Collateral-wide-1-300x158.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/OG-Collateral-wide-1-1024x538.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/OG-Collateral-wide-1-768x403.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">With the heat Ripple has attracted, it cannot be kept away from this week&#8217;s crypto highlights. In light of the lawsuit slammed against Ripple by the U.S Security and Exchange Commission (SEC), The first pretrial conference<\/span> <a href=\"https:\/\/www.coindesk.com\/sec-sues-ripple-over-7-year-1-3b-ongoing-xrp-sale\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">has been set<\/span><\/a> <span style=\"font-weight: 400;\">for Feb. 22, 2021. According to<\/span> <a href=\"https:\/\/www.courtlistener.com\/recap\/gov.uscourts.nysd.551082\/gov.uscourts.nysd.551082.7.0_1.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">a court order<\/span><\/a> <span style=\"font-weight: 400;\">from the U.S. District Court of the Southern District of New York, it was revealed that Ripple and the SEC will meet over a video call.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the order, United States District Judge Analisa Torres asks the parties to revert with a joint statement. It is expected to cover the case\u2019s arguments and legal bases, potential motions and the likelihood of settlement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This meeting is considered important as it is a pretrial conference that would mark the first meeting between the two sides. As a result, this proceeding will form a building block for further decisions to be taken. SEC is charging its lawsuit against Ripple Labs for the sale of some $1.3 billion worth of XRP tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although the U.S SEC<\/span> <a href=\"https:\/\/www.coindesk.com\/kik-sec-ruling\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">has sued<\/span><\/a> <span style=\"font-weight: 400;\">many Ethereum<\/span> <a href=\"https:\/\/www.coindesk.com\/unikrn-sec-settlement-2017-ico\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">token issuers<\/span><\/a> <span style=\"font-weight: 400;\">in the past, this marks the first time the regulator is taking a digital asset issuer with its own network to court. More notable is the fact that Ripple is a major player in the cryptocurrency industry.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Biggest_Market_Adoption_Of_The_Week\"><\/span><b>Biggest Market Adoption Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Social_media_interest_in_Bitcoin_hits_all-time_high\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/social-media-interest-in-bitcoin-hits-all-time-high?\" target=\"_blank\" rel=\"noopener\"><b><i>Social media interest in Bitcoin hits all-time high<\/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;\">2021 is off to a very bullish start for Bitcoin and other cryptocurrencies as the largest crypto assets rallied to set an all-time high at $34k. Meanwhile, ETH broke the $1100 price range. Amidst this legendary rally, social media interest in Bitcoin is now at an all-time high. <\/span><span style=\"font-weight: 400;\">Twitter analytics data indicates that the social media interest in the digital currency is likewise setting new records across numerous key metrics.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a tweet made on Saturday night, the official handle of a cryptocurrency data firm,<\/span><a href=\"https:\/\/thetie.io\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"> TIE<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/twitter.com\/TheTIEIO\/status\/1345579859188346881?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1345579859188346881%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fsocial-media-interest-in-bitcoin-hits-all-time-high\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">showed that<\/span><\/a><span style=\"font-weight: 400;\"> the number of unique Twitter handles tweeting about Bitcoin has hit a new all-time high, surpassing the 64,000 marks last seen during the peak of the 2017 bull run:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This surge in interest isn\u2019t limited to Twitter alone. Cointelegraph has <\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-going-parabolic-toward-35k-as-ethereum-breaks-800-what-s-next\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">previously reported<\/span><\/a><span style=\"font-weight: 400;\"> that the search volume for \u201cBitcoin\u201d is climbing in stride with the cryptocurrency\u2019s price. In the same vein, \u201chow to buy bitcoin\u201d is also soaring as well. On the flipside, the search for ETH remains relatively low despite the recent surge to the $1100k region.&nbsp;<\/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=\"ICYMI_Exclusive_interview_of_SaTT_project_CEO_Gauthier_Bros\"><\/span><b>ICYMI:<\/b> <a href=\"https:\/\/en.cryptonomist.ch\/2020\/10\/25\/interview-satt-ceo-gauthier-bros\/\" target=\"_blank\" rel=\"noopener\"><b><i>Exclusive interview of SaTT project CEO, Gauthier Bros<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3276\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Gauthier-Bros-1280x720-1.jpg\" alt=\"\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Gauthier-Bros-1280x720-1.jpg 1280w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Gauthier-Bros-1280x720-1-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Gauthier-Bros-1280x720-1-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Gauthier-Bros-1280x720-1-768x432.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Since making it to the center-stage of the crypto airwave, we have been tactical in our approach&#8221; says Gauthier.&nbsp; From closing a record token sale to getting listed on 5 exchanges within a week, 2020 was huge for SaTT. We are now on a path towards full decentralization.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SaTT remains committed in this journey to major adoption of decentralized advertising products. Therefore, we have deemed it necessary to share our progress with the community and talk about what we are building. In our most recent interview, Cryptonomist takes it on with SaTT CEO&nbsp; Gauthier Bros. Here he is seen talking extensively about what we have been working on since 2018.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When asked why SaTT ICO was massively successful despite the \u2018fallen\u2019 ICO market, Gauthier pointed out that SaTT has been very focused on issuing a working product. It was natural for success to accompany hard work:&nbsp;<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cI do believe the fact that we have focused very hard on having a working platform is one of the main reasons that investors decided to back the SaTT project. Our core team comes from Atayen, Inc and we have already provided technology solutions such as our Facebook pages for business apps, so we understand what it takes to deliver these kinds of solutions. All of these factors played in our successful fundraising.\u201c<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSaTT is a project that is committed to delivery and we are not interested in being a flash in the pan. We want to be a solution widely adopted by our industry,\u201d Gauthier further reiterated.&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=\"All-time_highs_meet_altseason_5_things_to_watch_in_Bitcoin_this_week\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/all-time-highs-meet-altseason-5-things-to-watch-in-bitcoin-this-week?\" target=\"_blank\" rel=\"noopener\"><b><i>All-time highs meet altseason: 5 things to watch in Bitcoin this week<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3271\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/21.jpg\" alt=\"\" width=\"700\" height=\"393\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/21.jpg 959w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/21-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/21-768x432.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">This week&#8217;s crypto highlights has Bitcoin on steroids as it rallied to break through the $30k area. BTC hit a new all-time high of $34,778 (Binance rate) in the new year.&nbsp; Altcoins have regained increased momentum with ETH leading the pack as it rallied to break through the $1100 region. Needless to say that the current altcoin rally is signaling the beginning of Altseason.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin maintains trading above the $30k neighborhood as altcoins continue to shed their previous week\u2019s losses. Traders therefore should keep an eye on following 5 key factors to discern potential market direction.&nbsp; Crypto media <\/span><span style=\"font-weight: 400;\">Cointelegraph takes a look at five factors that investors might need to monitor in the coming days:&nbsp;<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><b>Stocks hit highs as Bitcoin \u201cflips\u201d the Dow:<\/b><span style=\"font-weight: 400;\"> In the same week that Bitcoin set a new all-time high, Dow Jones and S&amp;P 500 also saw record highs. Traders should be keeping tabs on the stock market for possible trends.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Potential filling of the futures gap:<\/b><span style=\"font-weight: 400;\"> There is a huge futures gap lying <\/span><span style=\"font-size: 1rem;\">between $29,695 and $32,400. As of the time of writing, Bitcoin experienced almost $7000 price correction to fill this gap. This was a key level to have kept tabs on.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>The difficulty, hash rate on track for fresh records: <\/b><span style=\"font-weight: 400;\">As of Monday, Bitcoin\u2019s seven-day average values for the metric stand at 145 exahashes per second (EH\/s), just 1 EH\/s off record highs seen last October. A continually increasing hash rate signals a possible bullish sentiment for Bitcoin and vice versa.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Ether returns to $1,000 after three years: <\/b><span style=\"font-weight: 400;\">Ether\u2019s rally to reclaim the $1000 mark after 3 years signals a huge interest in crypto market sentiment and could spur a rally in other Ethereum-based assets and the entire market by extension.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Here comes altseason: <\/b><span style=\"font-weight: 400;\">As ETH\/USD surged overnight on Sunday, the share of the total cryptocurrency market cap owned by Bitcoin began to fall dramatically. Against 73.5% recorded on Sunday, Bitcoin dominance went down sharply to 68.3%, data shows. That kind of behavior is a classic indicator of altseason. This will remind longtime hodlers of the events from January 2018.<\/span><\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Meme_Of_The_Week\"><\/span><b>Meme Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3270\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3.jpg\" alt=\"\" width=\"700\" height=\"467\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3.jpg 620w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3-300x200.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/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\/30\/crypto-highlights-week-52-everything-from-last-week-you-dont-want-to-miss\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: The U.S lacks behind in crypto regulations, $120m stolen in DeFi hacks in 2020, Ripple pretrial conference to hold in February, All-time high meets altseason: There is more in this week\u2019s Crypto Highlights.&nbsp; Top Headlines Of The Week [&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-3269","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\/3269","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=3269"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/3269\/revisions"}],"predecessor-version":[{"id":11006,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/3269\/revisions\/11006"}],"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=3269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=3269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=3269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}