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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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While Bitcoin’s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop.

  • Bitcoin (BTC) dropped to a low of $37,194 on Sunday, January 10, 2021, after hitting its all time high a day and half prior. Currently, BTC is down over 6.4% and is trading for $38,239 per unit during Sunday’s afternoon trading sessions (EST).
  • On Saturday and Sunday, while BTC consolidated, ethereum (ETH) jumped to a 2021 price high of $1,340 per coin. ETH is still up today over 4% and is swapping for $1,285 per token on Sunday.

While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

  • Another cryptocurrency that has seen significant gains this weekend is bitcoin cash (BCH) which is up 14% today. However, yesterday BCH was up over 30% and traded at a 2021 high of $625 per unit. Bitcoin cash (BCH) is currently trading for $612 per coin and has a market cap of around $11.2 billion.
  • Litecoin (LTC) did very well on Saturday as well, spiking to $185 per unit and today the coin is swapping for 170 per LTC. The crypto asset LTC is only down 1% during the last 24 hours and commands a market cap of around $11.3 billion on Sunday.

While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

  • Another strong runner this weekend in terms of gains is monero’s (XMR) market valuation. XMR jumped to $174 per coin and the crypto asset is still up over 18% on Sunday. Data from markets.Bitcoin.com shows monero’s overall market valuation is only $3 billion today.

While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

  • The top five gainers on Sunday have seen gains between 40% to 91% and include coins such as stakenet, bitcoin diamond, ethereum classic, ultrain, and horizen. The top losers on Sunday include appcoins, nexus, navcoin, everex and golem as the assets have lost between -19% to -30% in value today.
  • After the BTC all-time price high pushed the Bitcoin Dominance Index (BDI) to 70% recently, the recent value spikes from other coins have pushed the BDI down to 68%.
  • At the time of publication, the entire crypto market economy is still valued at over 1.03 trillion U.S. dollars. The overall market cap is still up over 7% despite the losses BTC has taken during the last 24 hours.

Check out all the latest cryptocurrency price action in real-time at markets.Bitcoin.com.

What do you think about the coins that have seen significant gains while bitcoin prices have slumped? Let us know what you think about this subject in the comments section below.

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