{"id":1487,"date":"2020-12-08T00:24:15","date_gmt":"2020-12-08T08:24:15","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1487"},"modified":"2020-12-08T00:26:43","modified_gmt":"2020-12-08T08:26:43","slug":"december-2020-weekly-recap-1","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2020\/12\/08\/december-2020-weekly-recap-1\/","title":{"rendered":"December 2020 &#8211; Weekly Recap 1"},"content":{"rendered":"<h1 style=\"text-align: center;\">Weekly Recap<\/h1>\n<pre style=\"text-align: center;\">December 1st, 2020 - December 7th, 2020<\/pre>\n<p>Welcome to our 1st weekly recap for December.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<h2><img loading=\"lazy\" class=\"alignnone size-full wp-image-1488\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1.png\" alt=\"\" width=\"2600\" height=\"1600\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1.png 2600w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2048x1260.png 2048w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-260x160.png 260w\" sizes=\"(max-width: 2600px) 100vw, 2600px\" \/><\/h2>\n<h2>Crypto News<\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/visa-comes-full-circle-with-usdc-stablecoin-integration\/\">[1] Visa Comes Full Circle With USDC Stablecoin Integration<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>While volatility in crypto has kept some payment companies at bay, Visa has plunged in to connect Visa\u2019s payment system with USD Coin (USDC). USDC was developed by Circle, a company that specializes in digital payments.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/224-year-old-german-bank-to-float-crypto-fund-in-2021\/\">[2] 224-Year Old German Bank to Float Crypto Fund in 2021<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>According to Fundview, Hauck &amp; Aufh\u00e4user will roll out a crypto fund via its Hauck &amp; Aufh\u00e4user Innovative Capital (HAIC) GmbH subsidiary in Jan. 2021. Dubbed HAIC Digital Asset Fund I, the product will focus on Bitcoin (BTC), Ether (ETH), and Stellar (XLM).<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/breaking-crypto-indexes-set-for-2021-launch-sp-dow-jones-indices\/\">[3] Crypto Indexes Set for 2021 Launch: S&amp;P Dow Jones Indices<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>S&amp;P Dow Jones Indices announced on Thursday that it will be launching its own cryptocurrency indexes. The new products will reportedly go live in 2021.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/grayscale-absorbs-137-million-more-in-bitcoin-in-last-24-hours-126-billion-aum-in-total\">[4] Grayscale Absorbs $137 Million More in Bitcoin in Last 24 Hours, $12.6 Billion AUM in Total<\/a><a href=\"https:\/\/btcmanager.com\/iota-partners-pantos-european-blockchain-rd-lab\/?utm_source=onesignal&amp;utm_medium=push&amp;utm_campaign=push%notification\"><br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>According to data shared by Bybt analytics service, over the past 24 hours, Grayscale Investments fund spearheaded by Barry Silbert acquired another large amount of BTC.<\/p>\n<p>Grayscale has added 7,188 BTC to its crypto holdings \u2013 that is $136,960,870 at the current exchange rate.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/grayscale-bought-almost-140-million-btc-in-24-hours\/\">[5] Grayscale Buys Almost $140 Million in BTC in 24 Hours<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Grayscale, the Bitcoin Trust custodian and digital asset manager, has added another $140 million worth of Bitcoin to their Bitcoin Trust portfolio within the last 24 hours.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/www.trustnodes.com\/2020\/12\/05\/canada-ipos-worlds-first-ethereum-etf\">[6] World\u2019s First Ethereum ETF IPOs<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>The world\u2019s first ethereum Exchange Traded Fund (ETF) is undergoing an Initial Public Offering (IPO) at the Toronto Stock Exchange (pictured) under the ticker of QETH.U.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/cointelegraph.com\/news\/ethereum-etf-to-debut-on-the-toronto-stock-exchange\">[7] Ethereum fund to debut on the Toronto Stock Exchange<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Next week, Canadian digital asset investment manager 3iQ will be launching an IPO of an Ethereum exchange-traded trust, The Ether Fund, on the Toronto Stock Exchange (TSX) under the ticker QETH.U.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/breaking-g7-finance-ministers-support-regulating-cryptocurrencies\">[8] G7 Finance Ministers Support Regulating Cryptocurrencies<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>In its Dec. 7 press release, the United States Department of the Treasury (USDT) mentions that the finance ministers of the G7 countries voiced strong support for regulating cryptocurrencies during a recent video conference:<\/p>\n<p>There is strong support across the G7 on the need to regulate digital currencies. Ministers and Governors reiterated support for the G7 joint statement on digital payments issued in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Recap December 1st, 2020 &#8211; December 7th, 2020 Welcome to our 1st weekly recap for December. Overview\u00a0 Crypto News &nbsp; [1] Visa Comes Full Circle With USDC Stablecoin Integration While volatility in crypto has kept some payment companies at bay, Visa has plunged in to connect Visa\u2019s payment system with USD Coin (USDC). USDC<\/p>\n","protected":false},"author":4,"featured_media":1192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[30,52],"tags":[81,91,92,89,87,88,94],"jetpack_featured_media_url":"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/07\/how-to-trade-bitcoin1.jpeg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>December 2020 - Weekly Recap 1 &bull; SynQ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synq.tech\/a\/2020\/12\/08\/december-2020-weekly-recap-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December 2020 - Weekly Recap 1 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"Weekly Recap December 1st, 2020 - December 7th, 2020 Welcome to our 1st weekly recap for December. 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