{"id":3573,"date":"2021-01-12T09:23:02","date_gmt":"2021-01-12T08:23:02","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=3573"},"modified":"2022-03-15T11:14:02","modified_gmt":"2022-03-15T10:14:02","slug":"crypto-highlights-week-2-iota-blockchain-used-to-track-covid-19-test-results-at-frankfurt-airport","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/3573","title":{"rendered":"Crypto Highlights Week #2 \u2013 IOTA blockchain used to track COVID-19 test results at Frankfurt Airport"},"content":{"rendered":"<p><b>Crypto Highlights: <\/b><i>Bakkt to go public, South Korea crypto tax in view, SaTT lists on Binance DEX, Bitcoin risks the $30k support, IOTA used to track Covid-19 test: There is more in this week\u2019s Crypto Highlights.&nbsp;<\/i><\/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\/3573\/#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\/3573\/#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\/3573\/#Bakkt_crypto_exchange_to_debut_on_stock_markets_through_SPAC\" title=\"Bakkt crypto exchange to debut on stock markets through SPAC\">Bakkt crypto exchange to debut on stock markets through SPAC<\/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\/3573\/#Chinese_state-owned_bank_tests_digital_yuan_ATMs_in_Shenzhen\" title=\"Chinese state-owned bank tests digital yuan ATMs in Shenzhen\">Chinese state-owned bank tests digital yuan ATMs in Shenzhen<\/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\/3573\/#South_Koreas_20_Crypto_Tax_Still_on_Track_for_2022_Report\" title=\"South Korea\u2019s 20% Crypto Tax Still on Track for 2022: Report\">South Korea\u2019s 20% Crypto Tax Still on Track for 2022: Report<\/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\/3573\/#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-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/3573\/#IOTA_blockchain_used_to_track_COVID-19_test_results_at_Frankfurt_Airport\" title=\"IOTA blockchain used to track COVID-19 test results at Frankfurt Airport\">IOTA blockchain used to track COVID-19 test results at Frankfurt Airport<\/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\/3573\/#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\/3573\/#SaTT_Smart_Advertising_Token_Lists_on_Binance_DEX_second_decentralized_exchange_since_Uniswap\" title=\"SaTT Smart Advertising Token Lists on Binance DEX, second decentralized exchange since Uniswap\">SaTT Smart Advertising Token Lists on Binance DEX, second decentralized exchange since Uniswap<\/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\/3573\/#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\/3573\/#Did_You_Buy_the_dip_Bitcoin_price_risked_losing_30K_as_traders_managed_risk\" title=\"Did You Buy the dip? Bitcoin price risked losing $30K as traders \u2018managed risk\u2019\">Did You Buy the dip? Bitcoin price risked losing $30K as traders \u2018managed risk\u2019<\/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\/3573\/#Crypto_Meme_Of_The_Week\" title=\"Crypto Meme Of The Week\">Crypto 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-3584\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IMG-MC-blockchain-1920x1261-1.jpg\" alt=\"\" width=\"700\" height=\"460\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IMG-MC-blockchain-1920x1261-1.jpg 1920w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IMG-MC-blockchain-1920x1261-1-300x197.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IMG-MC-blockchain-1920x1261-1-1024x673.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IMG-MC-blockchain-1920x1261-1-768x504.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IMG-MC-blockchain-1920x1261-1-1536x1009.jpg 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><strong>As the second wave of the coronavirus intensifies, famous blockchain infrastructure IOTA has been reportedly used by Ubrich GmbH in managing passengers&#8217; health stats.<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>With the digital Yuan already in the pilot version, China is now testing the digital Yuan ATMs in Shenzhen.&nbsp;<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>Bakkt is set to merge with VPC Impact Acquisition Holdings, and will allegedly debut on the NYSE as a publicly-traded company.&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=\"Bakkt_crypto_exchange_to_debut_on_stock_markets_through_SPAC\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/bakkt-crypto-exchange-to-debut-on-stock-markets-through-spac?\" target=\"_blank\" rel=\"noopener\"><b><i>Bakkt crypto exchange to debut on stock markets through SPAC<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3586\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/bakkt-logo.png\" alt=\"\" width=\"700\" height=\"383\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/bakkt-logo.png 2000w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/bakkt-logo-300x164.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/bakkt-logo-1024x560.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/bakkt-logo-768x420.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/bakkt-logo-1536x840.png 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The Intercontinental Exchange, the founders of New York Stock Exchange and institutional-grade cryptocurrency exchange Bakkt, has made known a deal that will enable its crypto arm listed on the stock markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As initially <\/span><a href=\"https:\/\/www.wsj.com\/articles\/intercontinental-exchanges-cryptocurrency-venture-to-go-public-through-a-spac-11610370003\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> by the Wall Street Journal, Bakkt is set to merge with VPC Impact Acquisition Holdings and will trade under the ticker VIH. VPC which is a commonly called &#8220;special purpose acquisition company,&#8221; or SPAC is a shell company whose main purpose is to buy or merge with another company and allow it to be listed on the stock markets without going through the lengthy and expensive process of an IPO (initial public offering).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The merger will likely be completed in the second quarter of 2021. As a result of the merger, the combined company will be renamed Bakkt Holdings, Inc. and will be listed on NYSE. Bakkt is forecasted to be valued at $2.1 billion after undergoing the merger. The exchange will also raise an additional $532 million to support the development of Bakkt App, a retail-centric wallet and rewards app.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Chinese_state-owned_bank_tests_digital_yuan_ATMs_in_Shenzhen\"><\/span><a href=\"https:\/\/www.theblockcrypto.com\/linked\/90715\/china-bank-digital-yuan-atm-test\" target=\"_blank\" rel=\"noopener\"><b><i>Chinese state-owned bank tests digital yuan ATMs in Shenzhen<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3587\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/digital-yuan-renminbi-rmb-ecny-currency.jpg\" alt=\"\" width=\"700\" height=\"453\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/digital-yuan-renminbi-rmb-ecny-currency.jpg 850w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/digital-yuan-renminbi-rmb-ecny-currency-300x194.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/digital-yuan-renminbi-rmb-ecny-currency-768x497.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">When it comes to CBDC adoption, China is miles apart compared to other nations including the United States. With the digital Yuan already in the pilot version, China is <\/span><a href=\"http:\/\/www.sznews.com\/news\/content\/2021-01\/10\/content_23878823.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">now testing<\/span><\/a><span style=\"font-weight: 400;\"> the digital Yuan ATMs in Shenzhen. The Agricultural Bank of China has rolled out ATMs in selected Shenzhen branches, according to local news sources on Sunday&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This will enable customers to turn their bank deposits or cash into digital yuan on their smartphones, and vice versa. The digital yuan-supported ATM is allegedly part of an ongoing evaluation of the Chinese central bank&#8217;s digital currency in Shenzhen, where the government distributed $3 million worth of digital yuan via a lottery to 100,000 local residents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This year, the state-owned bank also opened a &#8220;Digital Yuan Innovation Lab&#8221; division to spearhead different software that can encourage the use of digital yuan, <\/span><a href=\"http:\/\/www.sznews.com\/news\/content\/2021-01\/10\/content_23878823.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">the reports said<\/span><\/a><span style=\"font-weight: 400;\">. After its first run in October last year, the city of Shenzhen is currently undergoing a second evaluation of China&#8217;s digital yuan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The digital yuan ATM as well as the offline touch-to-pay function are additional features that are supported this time.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"South_Koreas_20_Crypto_Tax_Still_on_Track_for_2022_Report\"><\/span><a href=\"https:\/\/www.coindesk.com\/south-koreas-20-crypto-tax-now-coming-in-2023-report\" target=\"_blank\" rel=\"noopener\"><b><i>South Korea\u2019s 20% Crypto Tax Still on Track for 2022: Report<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3589\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/South-Korea-Crypto-Tax-Considered-at-a-20-percent-rate.jpg\" alt=\"\" width=\"700\" height=\"438\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/South-Korea-Crypto-Tax-Considered-at-a-20-percent-rate.jpg 1920w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/South-Korea-Crypto-Tax-Considered-at-a-20-percent-rate-300x188.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/South-Korea-Crypto-Tax-Considered-at-a-20-percent-rate-1024x640.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/South-Korea-Crypto-Tax-Considered-at-a-20-percent-rate-768x480.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/South-Korea-Crypto-Tax-Considered-at-a-20-percent-rate-1536x960.jpg 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As the crypto industry expands and new regulations to recognize Bitcoin as property surfaces, the digital assets might soon become taxable. This is gradually becoming the case today. According to a study from <\/span><a href=\"https:\/\/www.coindeskkorea.com\/news\/articleView.html?idxno=72381\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CoinDesk Korea<\/span><\/a><span style=\"font-weight: 400;\">, South Korea&#8217;s Ministry of Economy and Finance said Wednesday that legal reform was finalized after tax laws were changed in 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the Legislative Notice, the reform is now to be introduced within a month, pending final meetings with the Vice Ministers and the South Korean Cabinet. Cryptocurrency consumers will pay a 20 percent tax on gains above 50 million won in South Korea (US$45,685), the ministry stated.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the gains are over 300 million won ($273,950), the tax rate will rise to 25 percent. According to an <\/span><a href=\"https:\/\/www.coindesk.com\/south-korea-may-delay-implementation-of-20-crypto-tax-till-2022\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">earlier report<\/span><\/a><span style=\"font-weight: 400;\">, the tax had been scheduled for introduction in October 2021 but was last moved forward to January 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The National Assembly said in November that after cryptocurrency exchanges suggested they might fail to reach the earlier deadline, more time was then needed to develop the necessary tax infrastructure.<\/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=\"IOTA_blockchain_used_to_track_COVID-19_test_results_at_Frankfurt_Airport\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/iota-blockchain-used-to-track-covid-19-test-results-at-frankfurt-airport?\" target=\"_blank\" rel=\"noopener\"><b><i>IOTA blockchain used to track COVID-19 test results at Frankfurt Airport<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3590\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IOTA.jpg\" alt=\"\" width=\"700\" height=\"364\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IOTA.jpg 775w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IOTA-300x156.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/IOTA-768x399.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As the second wave of the coronavirus intensifies, famous blockchain infrastructure IOTA has been reportedly used by <\/span><span style=\"font-weight: 400;\">Ubrich GmbH <\/span><span style=\"font-weight: 400;\">in<\/span><span style=\"font-weight: 400;\"> managing passengers&#8217; health stats, as noted by a <\/span><a href=\"https:\/\/twitter.com\/milancheck\/status\/1347267271836753922\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Twitter user.<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ubirch has developed the IT infrastructure for a solution called the &#8220;Digital Corona Test Certificate.&#8221; The solution supports verification of the SARS-CoV-2 status of a person while staying consistent with European data protection requirements under the GDPR framework.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Ubirch service is being used at Frankfurt Airport&#8217;s Centogene coronavirus testing center, the company made known that it uses, in part, the underlying Iota technology:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;Among others, we use IOTA for making the Corona test results verifiable. [&#8230;] We are working with IOTA for a while now. Our public anchors are in the main tangle for broad trust. In fact, we put trust anchors in multiple blockchains.&#8221;&nbsp;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">This development makes IOTA <\/span><a href=\"https:\/\/cointelegraph.com\/news\/civic-to-launch-vaccination-proofing-tool-on-apple-google-app-stores\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">rank among crypto-based projects<\/span><\/a><span style=\"font-weight: 400;\"> that have developed specialized software to combat the Coronavirus pandemic.<\/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_Token_Lists_on_Binance_DEX_second_decentralized_exchange_since_Uniswap\"><\/span><a href=\"https:\/\/eng.ambcrypto.com\/satt-smart-advertising-token-lists-on-binance-dex-second-decentralized-exchange-since-uniswap\/\" target=\"_blank\" rel=\"noopener\"><b><i>SaTT Smart Advertising Token Lists on Binance DEX, second decentralized exchange since Uniswap<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3591\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1z5TQ0EC8G-nPBWvHoLci8Q.jpeg\" alt=\"\" width=\"700\" height=\"310\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1z5TQ0EC8G-nPBWvHoLci8Q.jpeg 1920w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1z5TQ0EC8G-nPBWvHoLci8Q-300x133.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1z5TQ0EC8G-nPBWvHoLci8Q-1024x454.jpeg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1z5TQ0EC8G-nPBWvHoLci8Q-768x340.jpeg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/1z5TQ0EC8G-nPBWvHoLci8Q-1536x681.jpeg 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">While Decentralized Exchanges (DEX) promises to be a big thing in the coming years, we have taken a step ahead of time to make SaTT tradeable across multiple blockchains, this time is the Binance DEX, a decentralized crypto trading platform based on Binance Chain. This development draws SaTT some steps closer to the Binance family. This comes as the second DEX listing after Uniswap.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As with the <\/span><a href=\"https:\/\/www.newsbtc.com\/press-releases\/smart-advertising-token-satt-gets-wrapped-wsatt-and-on-boarded-to-uniswap\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">WSATT on Uniswap<\/span><\/a><span style=\"font-weight: 400;\">, the SaTT team has worked on creating the BSATT, a BEP8 token optimized for the Binance Chain. It can be listed directly against BNB and\/or BUSD without undergoing the voting process of validators. Furthermore, the BSATT BEP8 token can also be elevated to the BEP2 token when it has gained enough liquidity and maturity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This new listing adds to the existing centralized exchanges where SaTT is being traded, giving users and traders more options when transacting in cryptocurrency SATT. As always, we will continue to share our future listing plans with the community as they get finalized.&nbsp;<\/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=\"Did_You_Buy_the_dip_Bitcoin_price_risked_losing_30K_as_traders_managed_risk\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/buy-the-dip-bitcoin-price-risks-losing-30k-as-traders-manage-risk?\" target=\"_blank\" rel=\"noopener\"><b><i>Did You Buy the dip? Bitcoin price risked losing $30K as traders \u2018managed risk\u2019<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3595\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/skynews-bitcoin-cryptocurrency_5225261.jpg\" alt=\"\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/skynews-bitcoin-cryptocurrency_5225261.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/skynews-bitcoin-cryptocurrency_5225261-300x169.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin has had a legendary run to break through the $40k mark, printing a new all-time high at $41,950 (Binance rate). Since topping the $40k region, the digital assets have been showing considerable weakness accompanied by massive selloff which saw it <\/span><a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">printing up to<\/span><\/a><span style=\"font-weight: 400;\"> $11k losses in the past few days before bouncing back from the $30,400 support area.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some well-earned miner profit-taking combined with a natural pause in the Bitcoin bull run seems to be leading the massive selloff, losing close to 30% of its value. With data showing that miners\u2019 revenues have hit their peak since July 2019, the run over $40,000 may have prompted them to pause for profit-taking. Furthermore, despite such swift gains, worries revolved around the market being overleveraged.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A valuable guide for defining a mid-term floor lies in the 21-week moving average of Bitcoin (MA). Actually at 18,000 pounds, commented Cointelegraph Markets analyst <\/span><a href=\"https:\/\/cointelegraph.com\/authors\/michael-van-de-poppe\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Micha\u00ebl van de Poppe<\/span><\/a><span style=\"font-weight: 400;\">. Guy Hirsch, managing director for the U.S. at trading platform eToro, seems to agree but with a slightly different view:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;Though we don\u2019t anticipate this, a fall below $20,000 could be a bad omen for the conviction institutions have behind their Bitcoin allocations, since they largely stepped in around the $20,000 price level.&#8221;<\/span><\/i><\/p>\n<p>At the time of publishing this article, Bitcoin has recovered back up to $36k support levels all happening in a span of 24-48 hours. It gives a strong testament to how volatile the price has been for Bitcoin with sideways movement in the past few weeks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Crypto_Meme_Of_The_Week\"><\/span><b>Crypto Meme Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3594\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/buy_the_dip_cartoon_02.24.2017-1.png\" alt=\"\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/buy_the_dip_cartoon_02.24.2017-1.png 900w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/buy_the_dip_cartoon_02.24.2017-1-300x169.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/01\/buy_the_dip_cartoon_02.24.2017-1-768x432.png 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><br \/>\nWe 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\/2021\/01\/05\/crypto-highlights-week-1-news-from-around-the-globe-satt-token-2\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: Bakkt to go public, South Korea crypto tax in view, SaTT lists on Binance DEX, Bitcoin risks the $30k support, IOTA used to track Covid-19 test: There is more in this week\u2019s Crypto Highlights.&nbsp; Top Headlines Of The [&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-3573","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\/3573","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=3573"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/3573\/revisions"}],"predecessor-version":[{"id":10998,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/3573\/revisions\/10998"}],"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=3573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=3573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=3573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}