Skip to main content

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...

As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains

The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin captures 45.73% of the entire $1.42 trillion capitalization and ethereum commands 17.8%. As both of these leading assets have improved this week, seven-day changes against the U.S. dollar show a great number of other crypto-assets have seen much bigger double-digit gains.

Steemit Coins, 51% Attacked Tokens, and Forgotten Crypto Assets

An interesting assortment of crypto assets have seen double-digit gains as larger competitors like bitcoin (BTC) and ethereum (ETH) have seen weaker improvements. For instance, BTC has gained 2.74% against the U.S. dollar during the last seven days.

ETH has jumped close to 10%, but not quite, with an 8.89% rise over the last week. While they are at the very least weekly improvements against the dollar, a number of unconventional crypto assets have jumped much higher.

As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains
STEEM/USD (left) and REP/USD (right) on June 30, 2021. Charts show a five-day span

Steem (STEEM) has gained 54% this week and the crypto asset’s cousin steem dollars (SBD) spiked over 31% during the last seven days. The two digital currencies are leveraged for upvoting and tips on the Steemit blogging platform.

Below, steem’s 54% rise, the prediction market crypto-asset augur (REP) jumped 51%. REP tokens are used in the Augur system to give users the ability to create a prediction market on any topic. Another unconventional rise this week was monero classic’s (XMC) 45% jump. XMC is a fork of the privacy coin monero (XMR).

As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains
XMC/USD (left) and FTC/USD (right) on June 30, 2021. Charts show a five-day span.

Then crypto assets that have seen 51% attacks, also saw double-digit gains this week. For example, below XMC’s rise, the digital currency vertcoin (VTC) rose 40% during the last seven days. And the coin below VTC, which has also been 51% attacked, is bitcoin gold (BTG) rising 38% this week.

Seven-day changes against the U.S. dollar also show the 51% attacked ethereum classic (ETC) saw a 31% rise during the trailing seven-day week. Interestingly, a forgotten digital currency launched on April 16, 2013, feathercoin (FTC) has gained 29% this week.

FTC is an ancient coin that used to be a top ten crypto market cap contender, but today feathercoin holds the 100th position. Market aggregators also show that Vinny Lingham’s civic (CVC) token has jumped 26% over seven days.

The newer meme-based ERC20 token, that shares the concept of dogecoin (DOGE), shiba inu (SHIB) rose 22% during the course of the week. While seven-day gains have been higher for these crypto coins, 24-hour statistics have been different. For example, ETC is down -1.57% on Monday, VTC -4.12%, and FTC is down -8.29%.

What do you think about the double-digit gains seen by this unique bunch of crypto assets? Let us know what you think about this subject in the comments section below.

Comments

Popular posts from this blog

Earn up to 50% APY by Staking $GLQ on GraphLinq App

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...

Coinsquare launches Quick Trade mobile app with instant funding

One of Canada's largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum. Coinsquare , the Toronto-based digital currency platform, has announced a new mobile trading application designed to simplify the buying and selling of cryptocurrencies in Canada.  Quick Trade was officially unveiled Monday, allowing commission-free transactions of Bitcoin ( BTC ), Ethereum ( ETH ), Litecoin ( LTC ) and Bitcoin Cash ( BTC ). A total of 15 trading pairs are available at launch, with “many more digital assets to be onboarded over the coming months,” the company said. The app is available on Android and Apple devices alongside Coinsquare’s existing mobile application, which is an extension of its web-based trading platform. In addition to commission-free trades, the new app allows for instant account funding via Interac e-Transfer – a considerable upgrade from Coinsquare’s current funding window, which can take up t...

Blockchain identity market to grow $3.58B by 2025, report claims

A new forecast for the global blockchain identity management market expects growth at a compound annual growth rate of almost 71% during 2021-25. A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down into segments: by sector – e.g., government, healthcare, banking, financial services and insurance (BFSI) – geography, and applications. It was published by the Lyon-headquartered market research solution provider ReportLinker.  Drawing on an analysis of several existing blockchain identity management market vendors – Accenture, Amazon, Bitfury Group, Civic Technologies, and others – the report expects the total global market to grow by $3.58 billion between 2021 and 2025. Related:  The future of DeFi is spread across multiple blockchains The study’s baseline assumption...