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...
The two largest cryptocurrencies revisit significant price levels with sellers rapidly disappearing from exchange orderbooks.
Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs.
BTC price taps $60,000
Cointelegraph Markets Pro and TradingView showed bullish tendencies remaining overnight for BTC/USD, with local highs of $60,110 on Bitstamp.
A correction brought the pair down nearer to $59,000, circling $59,500 at the time of writing.
The sustained higher levels mean that Bitcoin has effectively canceled out the flash crash from earlier this week, while still continuing to trade in a defined corridor.
For popular trader Crypto Ed, the outlook was for $60,000 to disappear as resistance based on fading selling pressure on exchanges. Higher than $70,000, however, may have to wait longer.
"I mentioned BTC target $73k and ETH $2300," he wrote on Friday.
"From what I see now, ETH is on track. BTC not convinced yet it will reach that target in this cycle but I do think we'll see a strong push above 60k (soonish)."
Others are more optimistic, with short-term estimates including $68,000 and $73,000 and 2021 targets exceeding $288,000.
"The ~$57,500 area rejected BTC in February. But it looks like BTC turned this exact same level into support a couple of days ago," fellow Twitter trader Rekt Capital added.
"Now it's about follow-through from here. And we're seeing some follow-through today."
Ether at $5,000 "inevitable"
Crypto Ed touching on Ether (ETH) comes as the largest altcoin by market cap touched $2,000 for the first time since Feb. 20.
After dipping in line with Bitcoin price action, ETH/USD returned to form over the past week, seeing almost constant higher highs on daily timeframes to near its historic record of roughly $2,040.
As Cointelegraph reported, price targets for Ether are now more bullish than ever, and include $2,600 next, with $5,000 and even $10,000 in play.
The amount of ETH held by exchanges, like BTC, has been dropping sharply this year.
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