{"id":1578,"date":"2021-02-05T16:24:40","date_gmt":"2021-02-06T00:24:40","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1578"},"modified":"2021-03-09T21:27:10","modified_gmt":"2021-03-10T05:27:10","slug":"january-2020-weekly-recap-5","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2021\/02\/05\/january-2020-weekly-recap-5\/","title":{"rendered":"January 2021 &#8211; Weekly Recap 5"},"content":{"rendered":"<h1 style=\"text-align: center;\">Weekly Recap<\/h1>\n<pre style=\"text-align: center;\">Jan 25th, 2021 - Feb 1st, 2021<\/pre>\n<p>Welcome to our 5th weekly recap for January.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<h2><img loading=\"lazy\" class=\"alignnone size-full wp-image-1579\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020.png\" alt=\"\" width=\"2600\" height=\"1600\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020.png 2600w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020-2048x1260.png 2048w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/02\/jan4020-260x160.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:\/\/dailyhodl.com\/2021\/01\/26\/publicly-traded-firm-buys-150000000-in-bitcoin-says-holding-btc-superior-to-holding-us-dollar\/\">[1] Publicly-Traded Firm Buys $150,000,000 in Bitcoin, Says Holding BTC Superior to Holding US Dollar<\/a><\/h4>\n<\/li>\n<\/ul>\n<div class=\"intro-text\" data-block_5fce5a2390270=\"\">\n<p>Following in MicroStrategy and Square\u2019s footsteps, Bitcoin mining company Marathon Patent Group is now investing a large portion of its treasury reserve in BTC.<\/p>\n<\/div>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/www.forbes.com\/sites\/rogerhuang\/2021\/01\/28\/as-robinhood-shuts-down-gamestop-shares-demand-emerges-for-decentralized-censorship-resistant-trading\/?sh=354b53525028\">[2] As Robinhood Shuts Down GameStop Shares, Demand Emerges For Decentralized, Censorship-Resistant Trading<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>With the ongoing saga of Gamestop shares surging as a result of the r\/wallstreetbets subreddit, Robinhood and other trading platforms such as WeBull and Apex Holdings (the clearing firm for among others, Public.com) has refused to allow for the buying of more GameStop GME +19.2% shares.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/cointelegraph.com\/news\/reddit-partners-with-ethereum-foundation-to-boost-scaling-and-resources\">[3] Reddit partners with Ethereum Foundation to boost scaling and resources<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Popular social media network Reddit, which counts over 1.7 billion monthly visits, is deepening its ties with the Ethereum Foundation in what it has formalized as its first-ever blockchain partnership.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/breaking-ripple-files-legal-response-to-secs-lawsuit\">[4] Ripple Files Legal Response to SEC&#8217;s Lawsuit<\/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>Blockchain company Ripple has filed its preliminary response to the lawsuit that was announced by the U.S. Securities and Exchange Commission in December.<\/p>\n<ul>\n<li>\n<h4 class=\"title\">[Tweet] <a href=\"https:\/\/cointelegraph.com\/news\/elon-musk-adds-bitcoin-to-twitter-bio-with-43-7m-followers\">Elon Musk adds &#8216;Bitcoin&#8217; to Twitter bio with 43.7M followers<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>When the richest man in the world, Elon Musk, updated his Twitter bio on Friday \u2014 simply adding the word &#8220;Bitcoin&#8221; \u2014 it was followed by a near-immediate 13% increase to the Bitcoin (BTC) spot price.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/cryptoslate.com\/microstrategy-to-release-the-worlds-first-bitcoin-playbook-for-corporations\/\">[5] MicroStrategy CEO to release the world\u2019s first Bitcoin \u2018playbook\u2019 for corporations<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>The enterprise business firm entered the\u00a0Bitcoin\u00a0space last year amidst fears of inflation and a depreciating dollar. It\u2019s now urging other corporations to do the same.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/cointelegraph.com\/news\/visa-reaffirms-commitment-to-crypto-payments-fiat-on-ramps\">[6] Visa reaffirms commitment to crypto payments &amp; fiat on-ramps<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>During the Visa Q1 earnings call on Thursday, chairman and CEO Al Kelly devoted a portion of his comments to reaffirming the financial giant\u2019s commitment to crypto payments and onramps, as well as explaining \u201chow Visa thinks about crypto in general and our approach.\u201d<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/visa-ceo-signals-crypto-payments-support\/\">[7] Visa CEO Signals Crypto Payments Support<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Visa\u2019s CEO, Al Kelly, suggests Visa could add cryptocurrencies to its list of over 160 currencies, according to the transcript of an earnings call.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/dailyhodl.com\/2021\/02\/01\/kraken-ceo-reveals-6x-surge-in-new-users-says-defi-eating-world-of-finance\/\">[8] Kraken CEO Reveals 6x Surge in New Users, Says DeFi \u2018Eating World of Finance\u2019<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Jesse Powell, chief executive of crypto exchange Kraken, says the firm is seeing a significant uptick in the number of new users as interest in cryptocurrencies grows.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Recap Jan 25th, 2021 &#8211; Feb 1st, 2021 Welcome to our 5th weekly recap for January. Overview\u00a0 Crypto News &nbsp; [1] Publicly-Traded Firm Buys $150,000,000 in Bitcoin, Says Holding BTC Superior to Holding US Dollar Following in MicroStrategy and Square\u2019s footsteps, Bitcoin mining company Marathon Patent Group is now investing a large portion of<\/p>\n","protected":false},"author":4,"featured_media":1301,"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\/08\/bitcoin-table-courses-finance-virtual-crypto-currency-money-coin1.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 5 &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\/02\/05\/january-2020-weekly-recap-5\/\" \/>\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 5 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"Weekly Recap Jan 25th, 2021 - Feb 1st, 2021 Welcome to our 5th weekly recap for January. 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