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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...

United States, Germany, Turkey lead search interest in Ethereum

Ether search interest is higher than ever, and is attracting interest from around the globe, a new report reveals.

The United States is the country most interested in Ether (ETH), followed by Germany and Turkey, an analysis of search data has revealed.

A report by Invezz.com, as reported by Finbold, showed 1,116,000 searches per month for the term ‘Ether’ emanating from the United States. Excluding searches by budding chemists, that’s the equivalent of around 36,000 internet searches per day for the world’s number-two cryptocurrency by market capitalization.

Germany and Turkey followed close behind with 736,300 and 408,500 searches per month respectively. Among the top three, Germany contained the most Ether searches per capita, with 9.46 searches per 1,000 internet users, compared to 3.57 in the U.S.

Switzerland, which came 12th on the list, showed the highest concentration of search interest, with 11.79 searches per 1,000 internet users. The United Kingdom came 6th on the list, with 230,000 monthly searches, equating to 3.53 searches per 1,000. Predictably, the highest concentrations of interest came from Western countries where widespread internet access is most prevalent.

Google Trends data shows a marked increase in the number of Ethereum Google queries since the beginning of 2021, with searches hitting an all-time high to date. The Ether coin price increased close to 400% since January alone, climbing from around $700 to its current valuation of $3,460. As the dollar value of Ethereum grew, so too did its overall dominance in the crypto market cap rankings, with Ether representing close to 20% of the global market cap by early May.

A recent report showed that Ethereum investment products continued to boom this month, even as the coin price receded almost 25% from its all-time high. Ethereum’s transaction fees fell in exaggerated tandem with the coin price, sinking 71% from a recent peak.

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