{"id":4718,"date":"2021-08-03T01:41:03","date_gmt":"2021-08-02T23:41:03","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=4718"},"modified":"2022-03-15T11:08:06","modified_gmt":"2022-03-15T10:08:06","slug":"crypto-highlights-week-31-blockchain-data-shows-bitcoins-current-price-floor-at-37-3k","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/4718","title":{"rendered":"Crypto Highlights Week #31 \u2013 Blockchain Data Shows Bitcoin\u2019s Current Price Floor at $37.3K"},"content":{"rendered":"<p><b>Crypto Highlights:<\/b><em> Bitcoin forms local bottom at $37.2k, GoldenTree buys Bitcoin, Binance limits services for EU region. These and more updates are in this week\u2019s Crypto Highlights.<\/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\/4718\/#Top_Headlines_of_the_Week\" title=\"Top Headlines of the Week\">Top Headlines of the Week<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#Despite_regulatory_uncertainty_in_the_European_region_Germany_is_allowing_institutions_to_own_a_certain_percentage_of_crypto_assets\" title=\"Despite regulatory uncertainty in the European region, Germany is allowing institutions to own a certain percentage of crypto assets.\">Despite regulatory uncertainty in the European region, Germany is allowing institutions to own a certain percentage of crypto assets.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#GoldenTree_Asset_Management_Firm_becomes_the_latest_institution_to_add_Bitcoin_to_its_balance_sheet\" title=\"GoldenTree Asset Management Firm becomes the latest institution to add Bitcoin to its balance sheet.\">GoldenTree Asset Management Firm becomes the latest institution to add Bitcoin to its balance sheet.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#An_interesting_study_according_to_Chinalysis_shows_that_Bitcoin_has_formed_a_local_bottom_at_372k\" title=\"An interesting study according to Chinalysis shows that Bitcoin has formed a local bottom at $37.2k.\">An interesting study according to Chinalysis shows that Bitcoin has formed a local bottom at $37.2k.<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#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-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#Binance_winds_down_derivatives_offerings_in_three_European_countries\" title=\"Binance winds down derivatives offerings in three European countries\">Binance winds down derivatives offerings in three European countries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#GoldenTree_Asset_Management_is_reportedly_investing_in_Bitcoin\" title=\"GoldenTree Asset Management is reportedly investing in Bitcoin\">GoldenTree Asset Management is reportedly investing in Bitcoin<\/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\/4718\/#This_Weeks_Crypto_Market_Sentiment\" title=\"This Weeks Crypto Market Sentiment\">This Weeks 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-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#Blockchain_Data_Shows_Bitcoins_Current_Price_Floor_at_373K\" title=\"Blockchain Data Shows Bitcoin\u2019s Current Price Floor at $37.3K\">Blockchain Data Shows Bitcoin\u2019s Current Price Floor at $37.3K<\/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\/4718\/#Crypto_Mainstream_Adoption_Of_The_Week\" title=\"Crypto Mainstream Adoption Of The Week\">Crypto 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-11\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#German_law_allowing_institutional_funds_to_hold_crypto_comes_into_effect_Aug_2\" title=\"German law allowing institutional funds to hold crypto comes into effect Aug. 2\">German law allowing institutional funds to hold crypto comes into effect Aug. 2<\/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\/4718\/#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-13\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#Smart_Advertising_Transaction_Token_Doubles_Down_On_Decentralization\" title=\"Smart Advertising Transaction Token Doubles Down On Decentralization\">Smart Advertising Transaction Token Doubles Down 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-14\" href=\"https:\/\/satt-token.com\/blog\/archives\/4718\/#This_Weeks_Crypto_Meme\" title=\"This Week\u2019s Crypto Meme\">This Week\u2019s Crypto Meme<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Top_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=\"alignnone wp-image-1855\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/04\/blockchain_dapp-300x206.jpg\" alt=\"\" width=\"700\" height=\"480\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/04\/blockchain_dapp-300x206.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/04\/blockchain_dapp.jpg 700w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\">\n<h4><span class=\"ez-toc-section\" id=\"Despite_regulatory_uncertainty_in_the_European_region_Germany_is_allowing_institutions_to_own_a_certain_percentage_of_crypto_assets\"><\/span><strong>Despite regulatory uncertainty in the European region, Germany is allowing institutions to own a certain percentage of crypto assets.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<li style=\"font-weight: 400;\">\n<h4><span class=\"ez-toc-section\" id=\"GoldenTree_Asset_Management_Firm_becomes_the_latest_institution_to_add_Bitcoin_to_its_balance_sheet\"><\/span><strong>GoldenTree Asset Management Firm becomes the latest institution to add Bitcoin to its balance sheet.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<li style=\"font-weight: 400;\">\n<h4><span class=\"ez-toc-section\" id=\"An_interesting_study_according_to_Chinalysis_shows_that_Bitcoin_has_formed_a_local_bottom_at_372k\"><\/span><strong>An interesting study according to Chinalysis shows that Bitcoin has formed a local bottom at $37.2k.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/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=\"Binance_winds_down_derivatives_offerings_in_three_European_countries\"><\/span><a href=\"https:\/\/www.theblockcrypto.com\/post\/113068\/binance-crypto-derivatives-trading-europe-shut-down\" target=\"_blank\" rel=\"noopener\"><b><i>Binance winds down derivatives offerings in three European countries<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4421\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/04\/Binance-1-300x156.jpg\" alt=\"\" width=\"700\" height=\"364\" title=\"\"><\/p>\n<p><span style=\"font-weight: 400;\">Binance, a cryptocurrency exchange, <\/span><a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/f72d0fff2bd24b488213fa30284dd4cd?ref=JLI1VBLA&amp;utm_source=BinanceTwitter&amp;utm_medium=GlobalSocial&amp;utm_campaign=GlobalSocial\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">said on Friday<\/span><\/a><span style=\"font-weight: 400;\"> that consumers in three European countries, including Germany, Italy, and the Netherlands, will no longer be able to trade crypto futures and options.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">New users from these countries will no longer be allowed to register Binance accounts to trade crypto derivatives as of today. Binance said it will disclose a date later, and users from these countries will have 90 days from that date to cancel their open holdings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the first focus is on the three areas, Binance has stated that it intends to shut down its crypto derivatives trading platform in Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;As the crypto ecosystem evolves globally, we are continually evaluating our products and working with our partners to meet our users\u2019 needs,&#8221; said Binance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Binance has been under increased scrutiny from regulators throughout the world as a result of this decision. The exchange also <\/span><a href=\"https:\/\/www.theblockcrypto.com\/post\/111661\/binance-ceases-stock-tokens-trading\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">stopped<\/span><\/a><span style=\"font-weight: 400;\"> allowing stock token trading earlier this month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Binance CEO Changpeng &#8220;CZ&#8221; Zhao has <\/span><a href=\"https:\/\/www.theblockcrypto.com\/post\/112319\/binance-us-ipo-cz-comments-crypto-exchange\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">stated that<\/span><\/a><span style=\"font-weight: 400;\"> the cryptocurrency industry is now &#8220;pretty highly regulated,&#8221; and that the business must &#8220;make a significant transition from a technological startup into a financial services company.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He went on to explain that Binance is aiming to establish physical headquarters in a variety of jurisdictions since regulators want offices and legal entities.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"GoldenTree_Asset_Management_is_reportedly_investing_in_Bitcoin\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/goldentree-asset-management-is-reportedly-investing-in-bitcoin\" target=\"_blank\" rel=\"noopener\"><b><i>GoldenTree Asset Management is reportedly investing in Bitcoin<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4719\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/download-1-300x72.jpeg\" alt=\"\" width=\"700\" height=\"169\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/download-1-300x72.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/download-1.jpeg 456w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">GoldenTree, a New York-based asset management business, is said to have added Bitcoin to its balance sheet, however, the size of the alleged investment is unclear.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a story published Friday by financial news site The Street, the business, which manages about $45 billion in assets, has <\/span><a href=\"https:\/\/www.thestreet.com\/crypto\/news\/golden-tree-asset-manager-buying-bitcoin\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">acquired<\/span><\/a><span style=\"font-weight: 400;\"> some Bitcoin (BTC) but has reportedly avoided other cryptocurrency investments. The magazine said that the BTC purchase followed conversations between executives about employing workers versed with crypto investing, citing two individuals with knowledge of the subject.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Borderless Capital, which previously helped create an accelerator program from Algorand, <\/span><a href=\"https:\/\/cointelegraph.com\/news\/algorands-new-accelerator-program-in-europe-to-issue-grants-up-to-500k\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">received<\/span><\/a><span style=\"font-weight: 400;\"> financing from the firm&#8217;s executives, including founder Steven Tananbaum and partners Deeb Salem and Joseph Naggar. Borderless also took part in a fundraising round for Securitize, a digital asset securities business sponsored by <\/span><a href=\"https:\/\/cointelegraph.com\/news\/coinbase-backed-securitize-secures-48m-in-series-b-funding\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Coinbase<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other asset management organizations have also begun to dabble in the crypto market. <\/span><a href=\"https:\/\/cointelegraph.com\/news\/10b-asset-manager-registers-new-bitcoin-fund-with-sec\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Stone Ridge Asset Management<\/span><\/a><span style=\"font-weight: 400;\"> filed a prospectus with the Securities and Exchange Commission (SEC) last week to include BTC in its open-end mutual fund. Horizon Kinetics, a contrarian investing group, <\/span><a href=\"https:\/\/cointelegraph.com\/news\/7b-investment-firm-recommends-crypto-to-beat-currency-debasement\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">encouraged <\/span><\/a><span style=\"font-weight: 400;\">investors to seek exposure to crypto assets to safeguard themselves from currency debasement on Wednesday.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Weeks_Crypto_Market_Sentiment\"><\/span><b>This Weeks Crypto Market Sentiment<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Blockchain_Data_Shows_Bitcoins_Current_Price_Floor_at_373K\"><\/span><a href=\"https:\/\/www.coindesk.com\/blockchain-data-shows-bitcoins-current-price-floor-at-37-3k\" target=\"_blank\" rel=\"noopener\"><b><i>Blockchain Data Shows Bitcoin\u2019s Current Price Floor at $37.3K<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4321\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/03\/el-liberal-bitcoin-300x200.jpg\" alt=\"\" width=\"700\" height=\"467\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/03\/el-liberal-bitcoin-300x200.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/03\/el-liberal-bitcoin.jpg 696w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">This week&#8217;s crypto highlights <\/span><a href=\"https:\/\/markets.chainalysis.com\/reports\/2021-07-29\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">market analysis focuses on<\/span><\/a><span style=\"font-weight: 400;\">, data from Chainalysis. Bitcoin, the most valuable cryptocurrency by market capitalization, now has a price floor of about $37,300. The market is maintaining the price floor effectively, according to the blockchain data business, as demand from current whale investors (big bitcoin holders) has returned.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The study stated, &#8220;Demand is returning to the market.&#8221; \u201cSupply has only become as liquid as it was in December 2020, despite the fact that it has grown more liquid since prices collapsed in May. All of this implies that the market is at the very least in a sideways trend and is unlikely to start a period of significant price decline.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By estimating the average cost of bitcoin owned by investors who entered the market in the previous 12 months, Chainalysis calculates a temporary bitcoin price floor. Because of blockchain&#8217;s transparency, obtaining the data is feasible.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The so-called on-chain price floor, according to Gradwell, is an important indicator for crypto traders and analysts to comprehend bitcoin&#8217;s market, which may become very volatile in a short amount of time. \u201cIf an investor buys bitcoin at $40,000 and continues to hold, then we know that they value bitcoin at least at $40,000,\u201d Gradwell wrote. \u201cIf the price were to go below $40,000, then it would be below their valuation and they may buy more.\u201d<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Crypto_Mainstream_Adoption_Of_The_Week\"><\/span><b>Crypto Mainstream Adoption Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"German_law_allowing_institutional_funds_to_hold_crypto_comes_into_effect_Aug_2\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/german-law-allowing-institutional-funds-to-hold-crypto-comes-into-effect-aug-2?utm_source=Telegram&amp;utm_medium=social\" target=\"_blank\" rel=\"noopener\"><b><i>German law allowing institutional funds to hold crypto comes into effect Aug. 2<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4720\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Germany-crypto-financial-instruments-300x158.jpeg\" alt=\"\" width=\"700\" height=\"368\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Germany-crypto-financial-instruments-300x158.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Germany-crypto-financial-instruments-1024x539.jpeg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Germany-crypto-financial-instruments-768x404.jpeg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Germany-crypto-financial-instruments.jpeg 1140w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">German institutional funds will be permitted to keep up to 20% of their assets in cryptocurrencies starting August 2, 2021, potentially paving the way for more mainstream adoption of Bitcoin (BTC) and other crypto assets by the country&#8217;s pension funds.<\/span><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-07-30\/germany-to-allow-institutional-funds-to-hold-up-to-20-in-crypto\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">According to Bloomberg<\/span><\/a><span style=\"font-weight: 400;\">, the new law modifies the set investing rules that govern Spezialfonds, or special funds, which are exclusively available to institutional investors such as pension funds and insurers. Spezialfonds presently manages assets of $2.1 trillion (1.8 trillion euros).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Tim Kreutzmann of the German investment fund group BVI, most funds would likely stay considerably below the 20% level at first, explaining:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cOn the one hand, institutional investors such as insurers have strict regulatory requirements for their investment strategies. And on the other hand, they must also want to invest in crypto.\u201d<\/span><\/i><\/p>\n<p><a href=\"https:\/\/www.ft.com\/content\/c523fa52-25da-4d7e-8378-cc58bd1e6c89\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The new rule<\/span><\/a><span style=\"font-weight: 400;\">, which went into effect in early July, marks a significant shift in how German legislators handle digital assets. BaFin, Germany&#8217;s Federal Financial Supervisory Authority, continues to advise caution when it comes to investing in digital assets. At the same time, the country&#8217;s financial authority promotes blockchain innovation.<\/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=\"Smart_Advertising_Transaction_Token_Doubles_Down_On_Decentralization\"><\/span><a href=\"https:\/\/bitcoinist.com\/smart-advertising-transaction-token-satt-doubles-down-on-decentralization\/\" target=\"_blank\" rel=\"noopener\"><b><i>Smart Advertising Transaction Token Doubles Down On Decentralization<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4559\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/wordpress-300x104.png\" alt=\"NewWebsiteSaTT\" width=\"700\" height=\"242\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/wordpress-300x104.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/wordpress-1024x355.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/wordpress-768x266.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/wordpress.png 1450w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Since its launch, Smart Advertising Transaction Token commonly known as <\/span><a href=\"https:\/\/satt-token.com\/\"><span style=\"font-weight: 400;\">SaTT<\/span><\/a><span style=\"font-weight: 400;\"> has been making headlines in the crypto airwaves for its revolutionary blockchain-based products.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Early this year, we<\/span><a href=\"http:\/\/www.itbusinessnet.com\/2020\/04\/get-paid-automatically-with-satt-for-your-post-now-available-for-instagram-facebook-twitter-and-youtube\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">integrated<\/span><\/a> <span style=\"font-weight: 400;\">its decentralized advertising solution with the top social media platforms including Facebook, Instagram, Youtube, and Twitter. Allowing advertisers to promote their products and services through influential marketing strategies.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To fulfill our promise of a fully decentralized, open-source blockchain-based advertising solution, we have embarked on a 6-month roadmap aimed at making all products under the SaTT ecosystem fully open-source. With this move, we aim to build a project that can benefit from community contributions and exceed our vision and know-how, establishing itself as a universal reference.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For this six months period, we will be focused on releasing our enterprise crypto wallet for iOS users, redeploying the SaTT wallet interfacing, adopting \u201cPay by SaTT\u201d for enterprise e-commerce, and many more.&nbsp;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Weeks_Crypto_Meme\"><\/span><b>This Week\u2019s Crypto Meme<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4721\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/doc-we-have-to-go-back-and-buy-some-bitcoin-i-see-marty-they-are-the-currency-of-the-future-300x169.jpeg\" alt=\"\" width=\"700\" height=\"393\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/doc-we-have-to-go-back-and-buy-some-bitcoin-i-see-marty-they-are-the-currency-of-the-future-300x169.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/doc-we-have-to-go-back-and-buy-some-bitcoin-i-see-marty-they-are-the-currency-of-the-future.jpeg 685w\" 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\/2021\/07\/27\/crypto-highlights-week-30-everything-from-last-week-you-dont-want-to-miss-2\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: Bitcoin forms local bottom at $37.2k, GoldenTree buys Bitcoin, Binance limits services for EU region. These and more updates are in this week\u2019s Crypto Highlights. Top Headlines of the Week Despite regulatory uncertainty in the European region, Germany [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":4484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-4718","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\/4718","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=4718"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/4718\/revisions"}],"predecessor-version":[{"id":10930,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/4718\/revisions\/10930"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/4484"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=4718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=4718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=4718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}