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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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5 stories that suggest crypto is moving into ludicrous territory

Dogecoin, Lindsay Lohan, Ivan On Tech and the New Zealand government, What do they all have in common?

The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up.

Just like we saw in 2017, when a bull run gets going, life in the crypto gets increasingly weird. Maybe that's because retail is finally here, with social media interest in Bitcoin hitting an all-time high last week.

The result is a hilarious combination of noobs trying to understand crypto amid crazy memes, influencers doling out terrible advice, and faded celebs shilling Bitcoin for bucks.

Dogecoin up 163% and listed on three new exchanges

The joke cryptocurrency that won’t quit, Dogecoin (DOGE), apparently doesn’t need Elon Musk’s help to maintain interest among crypto holders. This week, the token was listed on exchanges FTX and Huobi Futures with no apparent explanation. The price of DOGE has risen 163% in the past month as newcomers entered the markets, to $0.0087 at the time of publication.

Lindsay Lohan wants to drive “lambos to the moon”

Many initial coin offerings in 2017 brought with them a number of celebrity endorsements who haven’t really shown their faces in the crypto sphere since — for example, Steven Seagal, Paris Hilton and Floyd Mayweather. Actress Lindsay Lohan appeared in a crypto promotional video this week mentioning Ether (ETH) and Bitcoin (BTC) and telling people to “drive your lambos to the moon.” We suspect her fascination with crypto lasted about as long as the video took to shoot.

Ivan on Tech’s 'Respect the Pump' video

Crypto influencer Ivan on Tech became an instant meme thanks to this hilarious video where he told viewers to “respect the pump” multiple times and even invoked Star Wars by saying “let the pump be with you.” The social media star ended up saying “pump” at least 12 times in under a minute:

Regulators warn noobs away from crypto

Regulators have also taken notice of the growing demand for Bitcoin during the recent rally, and responded in the time honored manner. New Zealand’s Financial Markets Authority issued a warning to crypto users on Monday, saying they “should be prepared to lose all of their money,” referring to cryptocurrencies as “high risk and highly volatile assets.” The U.K.’s Financial Conduct Authority made a similar statement, calling on people to be “aware of the risks” of cryptocurrency.

Using astrology to predict crypto

Maren Altman, a self-described astrologer, author, and entrepreneur, has been telling her Twitter, TikTok, and YouTube followers that star charts can help predict the price movements of cryptocurrencies. Well, why not? She made waves on social media in December by saying it was a good time to buy XRP “due to the astrology.”

Her recent predictions on Bitcoin have to be seen to be believed:

Less than two months ago Bitcoin hadn’t even broken through the $20,000 barrier. Now the crypto asset is regularly featured in major news outlets above the fold and Google searches are once again approaching their all time high. The craziness is only going to increase from here.

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