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Showing posts from January 23, 2021

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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Indian Crypto Exchange Buyucoin Hacked, Sensitive Data of 325K Users Reportedly Leaked

Indian cryptocurrency exchange Buyucoin has reportedly been hacked and sensitive data of about 325,000 users has reportedly been leaked onto the dark web. According to reports, the leaked data includes personal information, encrypted passwords, user wallet details, order details, bank details, PAN numbers, passport numbers, and deposit histories. Indian Cryptocurrency Exchange Hacked Buyucoin, a Delhi NCR-based cryptocurrency exchange, has reportedly been hacked. The exchange has more than 350K registered users and has facilitated over $500 million in cryptocurrency trades, according to its website. Several local news outlets reported that sensitive data of about 325K customers has been dumped onto the dark web. IANS publication detailed on Friday: The data leaked include names, e-mails, mobile numbers, encrypted passwords, user wallet details, order details, bank details, KYC details (PAN number, passport numbers) and deposit history. Independent cybersecurity researcher Rajshe...
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Buying Items and Services With Bitcoin: A Look at Crypto Asset Accepting Merchants in 2021

While the price of bitcoin and numerous cryptocurrencies have jumped in value, a great number of merchants have been willing to accept digital currencies for goods and services. These days a crypto proponent can buy literally anything with their crypto assets and some of these items are very unique and extraordinary. Crypto Spenders Can Build a Dream Home or Acquire Luxury Vehicles There’s an awful lot of things people can purchase in 2021 by using cryptocurrencies like bitcoin, ethereum, bitcoin cash, litecoin, and others for payment. Since prices have been bullish, there’s been even more cryptocurrency acceptance taking place and even Paypal supports crypto assets. The following post is a list of a great number of crypto accepting merchants and items you can purchase using digital currencies. Because there are thousands of items and services people can buy with crypto assets today. For instance, bitcoin cash (BCH) supporters can leverage BCH to purchase a dream home in Anti...
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Aave and Chainlink hit new highs as Bitcoin price fights to hold $32K

Chainlink and Aave soared to a new all-time high as Bitcoin bulls struggle to hold BTC price above $32,000. Bitcoin ( BTC ) price opened the weekend trapped within the $33,500 to $32,000 range but at the time of writing the digital asset is struggling to hold above $32,000.  A few analysts have warned that the recent price loss of momentum may be a sign of ‘ institutional exhaustion ’ as selling pressure from Asia has increased since Jan. 19. Despite Bitcoin’s current downtrend, some institutional investors are sticking to their prediction that BTC price will reach $100,000 before the end of 2021. This suggests that institutions are buoyed by rising investor sentiment and the new proposals for a Bitcoin ETF . BTC/USDT 4-hour chart. Source: TradingView While Bitcoin still faces resistance around the $33,000 level, on-chain analyst Willy Woo sees one potentially positive development for BTC. Woo said that the Bitcoin Spent Output Profit Ratio (SOPR), a metric that shows th...
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Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’

While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding 1,000 Bitcoin Spikes According to onchain statistics, bitcoin whales with a balance of more than 1,000 bitcoin are growing and the recent BTC price drop helped bolster the metric. A few days before the drop to the $28k zone, BTC prices were coasting along between $35k to 38k in USD value. The drop to $28,800 per bitcoin on Thursday, was the lowest price drop so far this year. But the dip did not last very long and Glassnode stats show that the number of addresses with more than 1,000 bitcoin has increased significantly. #Bitcoin whales bought the dip. pic.twitter.com/sviiiQyNSV — Documenting Bitcoin 📄 (@DocumentBitcoin) January 16, 2021 A ...
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Ultra-rare alien CryptoPunk NFT sells for 605 ETH, or $750,000

The NFT market is getting molten hot as a rare "alien" CryptoPunk sells for over $750,000 Amid a wild market-wide bullrun for non-fungible tokens (NFTs), an ultra-rare “alien” CryptoPunk has sold today for 605 Ether, worth over $750,000 at today’s prices.  CryptoPunks are widely considered to be the original NFT project, released even before Cryptokitties, the blockchain-based collectibles project that propelled NFTs to mainstream consciousness. CryptoPunks developers Larva Labs report that Punks have accounted for $26 million in lifetime sales on their native marketplace, and the average sale price for Punks over the past year has been $6,199. Each Punk has unique attributes, such as background color, accessories, and even some ultra-rare features, such as an “alien” or “zombie” appearance. The Punk that sold today, #2890, is one of nine alien Punks in existence. Punk 2890 bought for 605 ETH ($761,888.57 USD) by 0x24c5eb from 0x6611fe. https://t.co/p5IvIq3MnB #cryptop...
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Voyager Token (VGX) gains 926% as mergers and acquisitions bring new users

Plans to expand in Europe and a series of mergers led Voyager Token to rally 926% in less than a month. Voyager Token (VGX), also known as BQX at some exchanges, is the native token of Voyager cryptocurrency exchange.  The exchange separates itself from its competitors by claiming to be a commission-free crypto broker platform and its smart order router also allows clients to trade at multiple exchanges. Since the turn of the year, VGX has gained 620% and on Jan. 15 the token reached a new all-time high at $1.48. Voyager (BQX) token price at Binance. Source: TradingView In addition to having a fiat gateway, the platform also offers market data, interactive charts,crypto research and up to 9% interest on stablecoins, along with staking returns for Bitcoin and other cryptocurrencies if users leave them in their exchange wallets. Token activity sees exponential growth On-chain data shows that activity started to pick up just a few weeks ago, with the number of daily active a...
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Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation

Joe Biden’s pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing. Janet Yellen Clarifies Her Crypto Plans Janet Yellen clarified her position on the regulation of cryptocurrencies in a written testimony published Thursday following the Senate hearing on her nomination as the Treasury Secretary. During the hearing, Yellen made some statements regarding cryptocurrencies which were heavily criticized as being inaccurate. The finance committee began by briefly describing the benefits and risks of bitcoin and other cryptocurrencies. “Bitcoin and other digital and cryptocurrencies are providing financial transactions around the globe, like many technological developments, this offers potential benefits for the U.S., and our allies,” the written testimony reads. “At the same time, it also presents opp...
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Bitcoin in jeopardy, Ether briefly breaks records, Biden takes action: Hodler’s Digest, Jan. 17–23

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Three reasons Bitcoin tumbled below $30,000 in a surprise overnight correction Intensifying sell pressure saw Bitcoin briefly plummet below $29,000 for the first time since Jan. 5. The fall from $37,000, which happened within 48 hours, resulted in the biggest daily candle ever. There have been some signs of institutional investors taking profit, as bulls attempt to cement $32,000 as a new support level. Analysts at QCP Capital are seeing signs of institutional exhaustion , and they warned the rally could be in danger if appetite for BTC slows down...
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Purging Today’s Freedom Activists: Why Big Tech’s Censorship Isn’t Directed Solely at Trump Supporters

There’s been a lot of unrest in the U.S. and just before the presidential election’s electoral vote, Big Tech took action and censored a great number of individuals and even competing social media platforms. Moreover, even after President Biden’s first few days in office, social media apps continued to purge dissent. On January 22, Facebook deleted my social media profile, and a former co-worker’s account as well, for our libertarian views. An Anti-War, Free-Market Libertarian Speaking Out Against Tyranny and Censorship For many years now I’ve been an activist and years ago, Dr. Ron Paul helped me find libertarianism. At that time, I was a minarchist who believed in a minimalist form of government and the constitution. However, after traveling further down the rabbit hole, by reading the likes of Larkin Rose , Lysander Spooner, and others, I changed. Six months later, I considered myself an anarcho-capitalist. In 2008, I created my Facebook account and since then, even well before...
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The race is on yet again for crypto ETFs as Valkyrie files registration

Multiple institutions are yet again lining up to offer crypto ETFs, but will the SEC overcome its historical reticence? In a move that may give seasoned investors flashbacks to 2018, Valkyrie Digital Assets is the latest asset management firm to file a registration with the SEC to form a Bitcoin ETF — a bid that joins a crowded field of prospective fund managers looking to capitalize on renewed retail interest in cryptocurrencies.  Filed on Friday , the Texas-based family investment fund proposed listing the Valkyrie Bitcoin Trust on the New York Stock Exchange. The application did not include a possible trading ticker. If history is any indication, however, the filing’s chances of leading to a tradable fund are slim. During the last Bitcoin bull run, multiple firms attempted to throw their hat into the ring as at least nine entities filed proposals for a Bitcoin ETF with the SEC , including ETF giants VanEck and Direxion, as well as Gemini, the crypto services firm formed by C...
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