A lot has happened in cryptoland again this week! If you’ve been busy, or just want to have everything clear, read this weekly overview with the most important crypto news of this week. Starting with the bitcoin (BTC) rate.
Bitcoin price does something unique
You probably already knew that the bitcoin price is in a downward trend. But never before did BTC fall 8 weeks in a row. And also this week the candle to get a red color. In short, for 9 weeks in a row, the price ended the week lower.
Of course, nobody knows where this unprecedented decline will end. The world situation is uncertain to say the least with rising inflation and the ongoing war in Ukraine. Dave the Wave, an analyst who previously successfully predicted the bottom, recently let us know where he thinks the bottom is.
Terra launches network, Bitvavo supports airdrop
Than what altcoin news† Terra (LUNA) has been the subject of discussion for weeks. The project completely collapsed after terraUSD (UST) peg lost with the dollar. But now the founders are trying to breathe new life into the project. Earlier it was read that Battle LUNA-holders compensated, read here why they decided to do this.
Yesterday the new network became finally launched. So far this seems to work without any problems. So yesterday was also the first phase of the airdrop of new LUNA tokens. That airdrop is supported by many exchanges, including Binance and also Bitvavo informed the to hand out tokens.
12% of Americans and 15% of Dutch households have crypto
Finally, some interesting news from the central banks of the United States and the EU. Research shows that 12% of Americans has invested in cryptocurrencies as bitcoin† Other research by the European Central Bank shows that 15% of Dutch households crypto holdings. That is one of the highest percentages in the EU. On average, this percentage is 10% for the European countries surveyed. Slowly but surely, the adoption seems to be accelerating! It must be said that from Dutch research, the confidence among Dutch people in Bitcoin is relatively low.
–
