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...
A new poll found that a quarter of investors in the U.K. probably should have bet big on Bitcoin in 2020.
New research from U.K. think tank Parliament Street revealed that 25% of British investors estimate they would have made £1 million or more ($1.39 million) in profit by investing all their wealth in Bitcoin at the start of 2020.
The survey “The Great Cryptocurrency Report” polled 2,000 British investors about their confidence in crypto and general investment plans for 2021.
The poll found that 29% of respondents had been encouraged to invest by the outsize returns generated in the latest bull run in which Bitcoin prices have hit $56,000, or £40,000.
But on the other side of the ledger, the research found that 31% will not invest in cryptocurrency because they believe they have already “missed the boat”.
Investors revealed their price predictions in the survey, with 31% predicting that they expect the price of Bitcoin to hit £50,000, or $69,000, this year, a 23% increase from current prices. While a smaller number hold a more bullish view, with 18% agreeing that they expect Bitcoin to hit more than £100,000 in 2021.
That still pales in comparison to Kraken CEO Jesse Powell's recent prediction Bitcoin will reach $1 million within the next decade. Powell told Bloomberg that if Bitcoin were able to replace all of the world's currency:
“That basically means whatever the market cap of the dollar is, the euro — all of that combined is what Bitcoin could be worth."
While the attitudes of some UK investors are changing towards cryptocurrency, more than half of respondents still have no interest in entering the market anytime soon. The poll revealed that 55% of respondents have no plans to invest in crypto at all this year. In addition, 52% expressed that they are more likely to invest in the stock market and traditional assets such as gold.
These results are backed up by another UK-based poll published in February, which surveyed 6,070 British residents above 18 and found that 57% have no desire to invest in cryptocurrency.
https://ift.tt/3by0edN
Comments
Post a Comment