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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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BTC was best-performing asset of past decade by 900%

Bitcoin’s annualized returns have eclipsed all other asset classes by a big margin.

Over the past ten years, Bitcoin has beaten out all over asset classes by at least a factor of 10.

The milestone was noted by Compound Capital Advisors’ CEO and founder, Charlie Bilello, who compiled the performances of the top asset classes using data from Ycharts.

Responding to the findings, Messari researcher Roberto Talamas highlighted that Bitcoin has produced an annualized return of 230% on average — more than 10 times higher than the second-ranked asset class.

The U.S. Nasdaq 100 Index ranked second with an annualized return of 20%, followed by U.S. Large Caps — shares in U.S.-based companies with market caps exceeding $10 billion — with an average annual performance of 14%. U.S. Small Cap stocks were the only other asset class to post double-digit annualized returns for the past ten years, with 12.9%.

The data also shows that gold made a paltry annualized return of 1.5% since 2011, with five out of the past 11 years producing a loss for the asset. According to Gold Price, the precious metal has fallen by 8.5% since the beginning of 2021, much to the chagrin of Bitcoin detractor and gold investor Peter Schiff.

Since 2011, BTC’s cumulative gains for BTC equate to a whopping 20 million percent. 2013 was Bitcoin’s best-performing year, during which it gained 5,507%.

The data also shows that Bitcoin has only posted an annualized loss for two years of its history, with BTC falling by 58% and 73% during 2014 and 2018 respectively.

Since the start of 2021, BTC is up 108%, with the markets hitting an all-time high of just over $61,500 on Sunday, March 14.

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