{"id":2204,"date":"2021-10-01T12:32:56","date_gmt":"2021-10-01T09:32:56","guid":{"rendered":"https:\/\/evercodelab.com\/blog\/?p=2204"},"modified":"2022-07-28T16:43:45","modified_gmt":"2022-07-28T13:43:45","slug":"weekly-crypto-news-digest-from-evercode-lab-01-10-2021","status":"publish","type":"post","link":"https:\/\/evercodelab.com\/blog\/weekly-crypto-news-digest-from-evercode-lab-01-10-2021\/","title":{"rendered":"Weekly Crypto News Digest from Evercode Lab: 01.10.2021"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Dear professionals, customers, and enthusiasts interested in the world of crypto-economy. Here is one more weekly digest of news covering the most important trends in digital assets our team believes to be worthy of attention. Evercode Lab always strives to keep abreast of promising initiatives so that we can be 100% prepared for a new ground-breaking blockchain project. Below you can see the result of one more week of our constant monitoring.\u00a0<\/span><\/p>\n<h2><b>27.09<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A <\/span><span style=\"font-weight: 400;\">Macro Strategist working for Deutsche Bank answered some interesting questions publicized by that prominent organization. Among other things, <\/span><a href=\"https:\/\/www.db.com\/what-next\/digital-disruption\/dossier-payments\/i-could-potentially-see-bitcoin-to-become-the-21st-century-gold\"><span style=\"font-weight: 400;\">she admitted<\/span><\/a><span style=\"font-weight: 400;\"> that she could view BTC as a 21st-century digital substitute for gold.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The two key contributing factors the speaker mentioned were as follows: <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">First of all, the supply, in this case, is obviously fixed, therefore BTC resembles gold to a significant extent<\/span><\/span><\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Second, as she correctly stresses, many people want to invest in assets that are not directly controlled by national governments. As of now, Bitcoin also matches this criterion.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Quite paradoxically &#8211; yet still 100% correctly &#8211; she mentions the fact that this very lack of government regulation not only attracts people to BTC but also scares them: \u201cwhile it was a very important advantage for first users, it prevents many investors or businesses from entering the market\u201d. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Well, we at Evercode Lab hope (and there are multiple teams all over the globe hoping for the same development) that finance and fintech in particular will steer a middle course between independence and regulation leading to a greater degree of global acceptance ASAP.\u00a0<\/span><\/p>\n<h2><b>28.09<\/b> <b><br \/>\n<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Times of India reports that China\u2019s recent \u201c<\/span><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/cryptocurrency\/bitcoin\/us-lawmakers-envision-americas-leadership-in-crypto-after-chinas-crackdown\/articleshow\/86581314.cms\"><span style=\"font-weight: 400;\">crackdown<\/span><\/a><span style=\"font-weight: 400;\">\u201d on digital assets may become a stroke of luck for the US. For example, this periodical cites a Tweet published by a local lawgiver from Pennsylvania: according to this Senator, this new situation presents a great \u201copportunity for the US\u201d\u00a0 and \u201cserves as a reminder of America&#8217;s great structural advantages.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Setting political and diplomatic issues apart &#8211; for Evercode Lab it is neither about America, nor about China, nor about inter-state rivalries &#8211; this might be an important precedent. Rejecting crypto assets and the economic transformation they are fueling is a bad choice. Hence, the countries that are not trying to outlaw digital currencies outright but try to absorb them and shape a suitable legal regime for them will certainly capitalize on this crypto trend.<\/span><\/p>\n<h2><b>29.09<\/b><\/h2>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Hindustan Times publishes some interesting data for those crypto projects located in India and interested in marketing their blockchain projects better. In other words, this <\/span><a href=\"https:\/\/www.hindustantimes.com\/business\/who-are-buying-cryptocurrencies-in-india-survey-reveals-age-profile-city-101632936636144.html\"><span style=\"font-weight: 400;\">piece features an overview<\/span><\/a><span style=\"font-weight: 400;\"> of the local cryptocurrency owners:<\/span><b>\u00a0<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b><a href=\"https:\/\/www.financialexpress.com\/brandwagon\/16-urban-indians-currently-own-cryptocurrency-kantar-study\/2338566\/\"><span style=\"font-weight: 400;\">83% of Indians<\/span><\/a><span style=\"font-weight: 400;\"> living in cities are aware of the fact that such digital assets exist<br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/b><\/li>\n<li aria-level=\"1\"><b><a href=\"https:\/\/www.indiantelevision.com\/mam\/marketing\/mam\/16-per-cent-urban-indians-currently-own-cryptocurrency-kantar-study-210927\"><span style=\"font-weight: 400;\">16% of them report<\/span><\/a><span style=\"font-weight: 400;\"> to own at least some digital assets in varying quantities<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As for the leading strata, this recent study reveals quite predictable figures:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Across India\u2019s top 4 metropolitan areas, the figure is as high as 20%<\/span><\/span><\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Regarding the customers of the \u201cprivate banking\u201d service providers, it is 19%<\/span><\/span><\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Those at the age between 21-35 years are also susceptible to owning crypto, with an 18% share<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">There is only one conclusion one can draw here: if you run a next-gen fintech company focused on crypto assets and want to offer a brand new solution to your target audiences, you should contact Evercode Lab ASAP. Together, we will build an outstanding blockchain tool for young Indians living in Mumbai and Delhi!\u00a0<\/span><\/p>\n<h2><b>30.09 <\/b><span style=\"font-weight: 400;\">\u00a0 \u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As we have already mentioned, the German-speaking countries (Germany and Switzerland) are certainly Europe\u2019s pioneers in terms of crypto adoption. However, this piece of news is peculiar even against this backdrop.\u00a0 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The chances are high that the Swiss authorities are going to build a bridge between crypto and one of the most conservative institutions one can imagine. Yes, we mean the national postal service! <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/cointelegraph.com\/news\/switzerland-national-postal-service-to-debut-crypto-stamp\"><span style=\"font-weight: 400;\">Guess what<\/span><\/a><span style=\"font-weight: 400;\">, \u201cthe national postal service of Switzerland is working to\u201d link \u201cphysical stamps and the digital cryptocurrency industry\u201d. Their idea in this respect is to introduce tradable digital stamps. In other words, this initiative has something to do with the NFT phenomenon. After all, they define this experiment as \u201ca digital collectible linked to a physical stamp issued by the postal service\u201d! <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The Evercode wishes them luck and hopes they will succeed! It is an incredible plan! \u00a0<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<h2><b>01.10<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">TikTok, the main social networking service used by zoomers, is in step with the time! This video-sharing platform is launching a collection of NFTs based on, so to say, \u2018culturally significant videos\u2019. Those tokens are going to be auctioned, so participants need to have Ethereum wallets to buy those digital items. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">If you, by any chance, are brave enough to compete with TikTok in the NFT domain, do not hesitate to <\/span><a href=\"https:\/\/evercodelab.com\/contacts\/\"><span style=\"font-weight: 400;\">contact the Evercode Lab<\/span><\/a><span style=\"font-weight: 400;\"> team! We are also extremely interested in NFT projects right now!\u00a0\u00a0<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear professionals, customers, and enthusiasts interested in the world of crypto-economy. Here is one more weekly digest of news covering the most important trends in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71],"tags":[85,79,83],"class_list":["post-2204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-blockchain-en","tag-crypto","tag-crypto-wallet"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Crypto News Digest from Evercode Lab: 01.10.2021 &#8211; Evercode Lab Blog<\/title>\n<meta name=\"description\" content=\"Dear professionals, customers, and enthusiasts interested in the world of crypto-economy. 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