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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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Traders seek hefty gains from altcoins while Bitcoin price consolidates

SOL, PRE and AR rallied more than 30% while Bitcoin price continues to consolidate around $46,000.

Optimism across the cryptocurrency ecosystem continues to grow on Aug. 16 as multiple altcoins put on double-digit gains and Bitcoin (BTC) bulls defend the $46,000 support level. 

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Solana (SOL), Presearch (PRE) and Arweave (AR).

Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro

Solana hits a new all-time high

In the past 24-hours, SOL price soared to hit a new high $69.13 as excitement for the protocol’s new Mango Markets decentralized exchange (DEX) helped to increase demand for SOL.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for SOL on Aug. 11, prior to the recent price rise.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. SOL price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for Solana rose into the green zone on Aug. 10 and reached a high of 77 on Aug. 11, around 4 days before its price increased 62% over the next day.

Presearch pushes higher

The Presearch project is a blockchain-based search engine that is powered by the community and offers a decentralized search engine that allows users to search privately and rewards them for their activity.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on Aug. 14, prior to the recent price rise.

VORTECS™ Score (green) vs. PRE price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for PRE climbed into the green zone on Aug. 13 and reached a high of 70 on Aug. 14, around 26 hours before the price surged 102% over the next day.

Arweave gains 32%

Arweave is a decentralized storage network that utilizes a new type of storage that backs data up with “sustainable and perpetual endowments” that allow users and developers to store data forever.

According to data from Cointelegraph Markets Pro, market conditions for AR have been favorable for some time.

VORTECS™ Score (green) vs. AR price. Source: Cointelegraph Markets Pro

As seen on the chart above, the VORTECS™ Score for AR was in the green for the majority of the past week and reached a high at 72 on Aug. 14, around 30 hours before the price increased 65% over the next day.

Excitement for the project has been on the rise over the past week as the daily transactions on the network repeatedly hit new record highs.

The overall cryptocurrency market cap now stands at $2.005 trillion and Bitcoin’s dominance rate is 43.5%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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