{"id":1492,"date":"2020-12-16T11:58:03","date_gmt":"2020-12-16T19:58:03","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1492"},"modified":"2020-12-16T12:00:49","modified_gmt":"2020-12-16T20:00:49","slug":"december-2020-weekly-recap-2","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2020\/12\/16\/december-2020-weekly-recap-2\/","title":{"rendered":"December 2020 &#8211; Weekly Recap 2"},"content":{"rendered":"<h1 style=\"text-align: center;\">Weekly Recap<\/h1>\n<pre style=\"text-align: center;\">December 7th, 2020 - December 14th, 2020<\/pre>\n<p>Welcome to our 2nd weekly recap for December.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<h2><img loading=\"lazy\" class=\"alignnone size-full wp-image-1495\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2.png\" alt=\"\" width=\"2600\" height=\"1600\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2.png 2600w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2-2048x1260.png 2048w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-1-2-260x160.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\/g7-finance-chiefs-support-calls-for-crypto-regulations\/\">[1] G7 Finance Chiefs Support Calls for Crypto Regulations<\/a><\/h4>\n<\/li>\n<\/ul>\n<div class=\"intro-text\" data-block_5fce5a2390270=\"\">\n<p>Finance Ministers and Central Bank Governors of the G7 nations are reportedly unanimous in their call for robust crypto regulations.<\/p>\n<\/div>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/fidelity-to-offer-bitcoin-collateralized-loans\">[2] Fidelity to Offer Bitcoin-Collateralized Loans<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Fidelity Digital Assets, the cryptocurrency arm of the Boston-based mutual<em>\u00a0<\/em>fund\u00a0empire, is set to offer Bitcoin-collateralized dollar loans, according to a\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-12-09\/fidelity-digital-to-hold-bitcoin-as-collateral-for-cash-loans?utm_campaign=socialflow-organic&amp;utm_medium=social&amp;utm_content=markets&amp;cmpid%3D=socialflow-twitter-markets&amp;utm_source=twitter\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Dec. 9 report<\/a>\u00a0published by Bloomberg.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/eng.ambcrypto.com\/singapore-dbs-btc-xrp-eth-exhchange\/\">[3] Singapore\u2019s DBS Bank announces plans to launch BTC, XRP, ETH-offering exchange<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>In what is yet another victory for the still-nascent crypto-market, DBS, Southeast Asia\u2019s biggest bank, has announced that it will launch a cryptocurrency exchange. The planned digital currency exchange will offer Bitcoin (BTC), Ether (ETH), XRP, and Bitcoin Cash (BCH).<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/grayscale-reportedly-stockpiles-another-1-3k-btc-100k-eth-in-24-hrs\/\">[4] Grayscale Reportedly Stockpiles Another 1.3K BTC &amp; 100K ETH in 24 Hrs<\/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>Grayscale Investment Trusts added another $240 million or more worth of crypto this week.<\/p>\n<p>Up to 100,000 ETH were also purchased by the company, which now trades at over a 120% premium.<\/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:\/\/u.today\/breaking-microstrategy-raises-650-million-to-put-it-all-into-bitcoin\">[6] MicroStrategy Raises $650 Million to Put It All Into Bitcoin<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Business intelligence firm MicroStrategy has completed a $650 million debt offering of 0.750 percent convertible senior notes, according to its Dec. 11 press release.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/dailyhodl.com\/2020\/12\/12\/crypto-traders-can-now-buy-bitcoin-and-ethereum-with-apple-pay-heres-how\/\">[7] Crypto Traders Can Now Buy Bitcoin and Ethereum With Apple Pay<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>A new feature in Lumi\u2019s iOS wallet allows traders to buy crypto assets through Apple\u2019s popular payments service.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/cardano-to-add-defi-capability-with-bondly\/\">[8] Cardano to Add DeFi Capability with Bondly(Polkadot)<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Cardano announced that Bondly is bringing new DeFi capabilities to its platform. Cardano expects to launch its major Goguen upgrade by end-February 2021.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/decrypt.co\/51478\/pornhub-now-accepting-crypto-only\">[8] Pornhub: Now Accepting Crypto OnlyCardano to Add DeFi Capability with Bondly(Polkadot)<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>It appears that Pornhub, the world&#8217;s largest adult website, is only accepting crypto for its premium service. The move was noticed on the site today after Visa and Mastercard cut off payments to the website last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Recap December 7th, 2020 &#8211; December 14th, 2020 Welcome to our 2nd weekly recap for December. Overview\u00a0 Crypto News &nbsp; [1] G7 Finance Chiefs Support Calls for Crypto Regulations Finance Ministers and Central Bank Governors of the G7 nations are reportedly unanimous in their call for robust crypto regulations. [2] Fidelity to Offer Bitcoin-Collateralized<\/p>\n","protected":false},"author":4,"featured_media":489,"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\/2019\/08\/cryptocurrency-aleh-tsyvinski-ynews.jpg","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 2 &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\/16\/december-2020-weekly-recap-2\/\" \/>\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 2 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"Weekly Recap December 7th, 2020 - December 14th, 2020 Welcome to our 2nd weekly recap for December. 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