Here’s what’s been happening in the crypto world over the past 7 days.
Cryptocurrency Community and Adoption News
Save the Children Now Accepts Crypto
A global humanitarian organisation Save the Children has actually been accepting Bitcoin donations for the past six years. They actually claim to be “the first global NGO to accept cryptocurrency”. However, just in time for #BitcoinTuesday, the organisation announced this Monday that they are now accepting cryptocurrency donations “in an automated way through its website”. Donors can make contributions in various cryptocurrencies, including BTC, ETH, LTC, and BCH.
Save the Children is also working with Giving Block, organiser of #BitcoinTuesday, the initiative we talked about last week. “When nonprofits accept crypto donations, the world sees crypto as the force for good we know it to be,” said Giving Block co-founder, Pat Duffy, in a press release.
Bitcoin Ad Debuts on French TV
A crypto ad has recently started running on one of the most popular French networks, TF1. According to Fox Business, this commercial from Paris-based financial firm Keplerk, is the first Bitcoin TV ad in France.
German Banks Will Soon Have Approval to Offer and Hold Cryptocurrencies
As soon as the fourth EU Money Laundering Directive comes into effect, which should be in 2020, German banks will be able to offer crypto services, reports BeInCrypto. Some think this is the key to wider crypto adoption. Others, however, believe “it is a bad idea to allow banks to directly sell cryptocurrencies and related services to customers”.
HODLers are Really HODLing
According to a crypto analyst Rhythm, and as reported by Cointelegraph, the majority (64%) of Bitcoin supply has not moved since 2018. As Rhythm points out, 11.58 million bitcoins have not moved in over a year, despite the 85% increase in price during that time.
11,580,00 bitcoin have not moved in over a year.
Even with a 85% increase in price during that time, those…