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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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Bitcoin sees fresh split-second spikes as analysts say 'almost time' for BTC uptick

Fits and starts below crucial resistance at $60,000 continue with Bitcoin's RSI due to rebound.

Bitcoin (BTC) continued its pattern of sudden price spikes on Nov. 24 as sudden momentum produced a brief trip above $57,400.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Analyst: 2021 still conforms to bullish pattern

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making skittish moves within a familiar range during Wednesday.

The pair reached highs of $57,875 on Bitstamp over the past 24 hours, these failing to hold for long as buyer support still waned closer to $60,000 resistance.

Amid an overall uninspiring market environment, some took the opportunity to highlight ongoing similarities between 2021 and previous bull market years.

Popular Twitter account TechDev focused on Fibonacci levels and Bitcoin's behavior around them — this year, so far, has conformed exactly to the standard rubric.

That analysis feeds into a prediction of the current cycle topping out at up to $300,000.

In previous comments, TechDev agreed that it was "almost time" for Bitcoin's relative strength index (RSI) to see a comeback of its own, with price following.

Fellow trader Pentoshi meanwhile confirmed a belief that $60,700 should be reclaimed and held in order to plan long positions.

"So far sellers have seemed weak at the lows down here," he told Twitter followers.

Zcash outpaces top ten crypto gains

As Bitcoin played a cool game, it was altcoins seeing more decisive moves during Wednesday.

Related: Sandbox token SAND rallies 260% in November ahead of play-to-earn metaverse launch

Ether (ETH) traded up 4.7% at the time of writing at $4,290, the strongest performer in the top ten cryptocurrencies by market cap.

ZEC/USD 1-hour candle chart (Coinbase). Source: TradingView

A noticeable outlier among major tokens was Zcash (ZEC), which gained 26% after Twitter comments from Barry Silbert, founder and CEO of investment giant Digital Currency Group.

Known for hinting at his potential next purchases, Silbert also attempted to hike the price of Bitcoin Wednesday before the latest spike.

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