{"id":1550,"date":"2021-01-26T16:39:56","date_gmt":"2021-01-27T00:39:56","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1550"},"modified":"2021-03-09T21:27:53","modified_gmt":"2021-03-10T05:27:53","slug":"january-2021-weekly-recap-4","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2021\/01\/26\/january-2021-weekly-recap-4\/","title":{"rendered":"January 2021 &#8211; Weekly Recap 4"},"content":{"rendered":"<h1 style=\"text-align: center;\">Weekly Recap<\/h1>\n<pre style=\"text-align: center;\">Jan 18th, 2021 - Jan 25th, 2021<\/pre>\n<p>Welcome to our 4th weekly recap for February.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<h2><img loading=\"lazy\" class=\"alignnone size-full wp-image-1551\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020.png\" alt=\"\" width=\"2600\" height=\"1600\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020.png 2600w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020-2048x1260.png 2048w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/01\/jan32020-260x160.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:\/\/cryptobriefing.com\/president-biden-freezes-fincens-controversial-crypto-wallet-proposal\/\">[1] President Biden Freezes FinCEN\u2019s Controversial Crypto Wallet Proposal<\/a><\/h4>\n<\/li>\n<\/ul>\n<div class=\"intro-text\" data-block_5fce5a2390270=\"\">\n<p>President Joe Biden has frozen all new or pending rules introduced during the Trump administration. This includes the FinCEN\u2019s controversial crypto wallet proposal.<\/p>\n<\/div>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/cryptopotato.com\/bitcoin-reorganization-triggers-panic\/\">[2] Andreas Antonopoulos Fights FUD With Facts: Bitcoin Is Safe And Worked As Expected<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>On January 21, 2021, a random dude sent $21 to another random dude. And this is news because that transaction triggered a series of unfortunate events that ended up wiping $84Billion from Bitcoin\u2019s total market cap, driving the community into a panic and causing a drop of more than 11% in the price of the largest cryptocurrency in the crypto ecosystem.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/www.trustnodes.com\/2021\/01\/22\/grayscale-bought-1-3-billion-bitcoin\">[3] GrayScale Bought $1.3 Billion Bitcoin<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>GrayScale has had its most successful week yet, buying close to $1.3 billion bitcoin, up considerably from $500 million a week during December.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/www.theblockcrypto.com\/linked\/92191\/grayscale-trust-incorporation-chainlink-tezos?utm_source=cryptopanic&amp;utm_medium=rss\">[4] Grayscale has incorporated six more trusts, including ones for Chainlink and Tezos<\/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>Crypto asset manager Grayscale has incorporated six more trusts, including those tied to Chainlink (LINK) and Tezos (XTZ) tokens.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/zycrypto.com\/joe-bidens-treasury-secretary-nominee-asserts-bitcoins-potential\/\">[5] Joe Biden\u2019s Treasury Secretary Nominee Asserts Bitcoin\u2019s Potential<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Mrs. Janet Yellen has made a follow-up comment about cryptocurrencies since the previous one in her recent confirmation hearing. In what seems like a contrary statement, the Treasury secretary nominee is now asserting the potential of digital currencies.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/decrypt.co\/55163\/polkadot-china-hottest-crypto\">[6] Why Polkadot Is The Hottest Crypto In China<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>It\u2019s not a secret that in China, Polkadot resembles a newer, better EOS, the public blockchain that swept the Chinese crypto ecosystem in 2018.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/www.theblockcrypto.com\/post\/92378\/nasdaq-marathon-patent-group-buys-bitcoin-btc-treasury-reserves?utm_source=cryptopanic&amp;utm_medium=rss\">[7] Nasdaq-listed Marathon Patent Group buys $150 million worth of bitcoin as part of the company&#8217;s treasury reserves<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Nasdaq-listed Marathon Patent Group announced Monday that it has purchased around 4,813 bitcoin for about $150 million.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/rothschild-investment-corporation-increases-its-stake-in-bitcoin\">[8] Rothschild Investment Corporation Increases Its Stake in Bitcoin<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>According to its new SEC filing, financial services company Rothschild Investment Corporation now holds 30,454 shares of Grayscale Bitcoin Trust (GBTC) that allows institutional investors to get exposure to the world&#8217;s largest cryptocurrency without directly owning it.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Recap Jan 18th, 2021 &#8211; Jan 25th, 2021 Welcome to our 4th weekly recap for February. Overview\u00a0 &nbsp; Crypto News &nbsp; [1] President Biden Freezes FinCEN\u2019s Controversial Crypto Wallet Proposal President Joe Biden has frozen all new or pending rules introduced during the Trump administration. This includes the FinCEN\u2019s controversial crypto wallet proposal. [2]<\/p>\n","protected":false},"author":4,"featured_media":1184,"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\/06\/leather-wallet-business-cards1.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>January 2021 - Weekly Recap 4 &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\/2021\/01\/26\/january-2021-weekly-recap-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"January 2021 - Weekly Recap 4 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"Weekly Recap Jan 18th, 2021 - Jan 25th, 2021 Welcome to our 4th weekly recap for February. Overview\u00a0 &nbsp; Crypto News &nbsp; [1] President Biden Freezes FinCEN\u2019s Controversial Crypto Wallet Proposal President Joe Biden has frozen all new or pending rules introduced during the Trump administration. This includes the FinCEN\u2019s controversial crypto wallet proposal. 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