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Showing posts from January 9, 2022

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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JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs

Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial services,” its analyst described. JPMorgan Outlines Future Outlook for Crypto Markets JPMorgan analyst Kenneth Worthington published a report on the 2022 outlook for crypto markets Friday. The analyst wrote: The applications from crypto have only just begun. Web3.0, greater use of NFTs tokenization are in the line-of-sight for 2022. JPMorgan sees “the tokenization and fractionalization as holding particularly large promise as transactions speeds in crypto become more competitive with trad-fi networks,” the analyst continued. The report adds: Defi was a bit of a flop in 2021, but still has strong potential in 2022 and beyond. The analyst explained that the development of crypto technology will continue, driven ...
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Mai Capital Predicts Tough Year for Crypto — Expects Bitcoin and Ethereum to Do Well Once Regulations Come Into Focus

Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once regulations come into focus. Equity Strategist’s Crypto Predictions Mai Capital Management’s Chris Grisanti shared his outlook for the cryptocurrency market in an interview with CNBC Thursday. Grisanti, CFA, is chief equity strategist and regional president of Mai Capital Management, a wealth management firm that provides planning and investment advisory services. Noting that crypto is “almost a victim of its own success,” Grisanti detailed: I think it’s going to be a tougher year for crypto … There will be calls for regulation from all over the place — from China, from Europe, and here in the United States. Nonetheless, the equity strategist sees some cryptocurrencies coming out ahead. “I do think there will b...
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5 NFT marketplaces that could topple OpenSea in 2022

OpenSea surged as the reigning NFT marketplace in 2021 despite community criticism. Here are five rivals that could potentially top it in 2022. OpenSea has been the dominant decentralized platform for users looking to mint, buy, sell and trade nonfungible tokens (NFTs). Serving more as an NFT aggregator than a gallery, OpenSea locked in $3.25 billion in volume for December 2021 alone, according to data from Dune Analytics and from December 2020 to December 2021, the total volume increased by a whopping 90,968%. No stranger to contention and criticism, OpenSea has had its fair share of perils and pitfalls . Most notably, its former head of product, Nate Chastain, found using insider information to front-run and profit from selling the platform’s front page NFTs. Adding to the overall feeling of distrust, the community felt devalued after newly appointed chief financial officer (CFO) Brian Roberts hinted at going public . However, he quickly reaffirmed that OpenSea has no intention ...
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Wind-Breaking NFTs: Reality Star Who Made $200K Selling Farts in Mason Jars Launches NFT Collection

Just recently the reality star, American Youtuber, and Tiktoker Stephanie Matto made international headlines after raising $200K from selling her farts contained in mason jars online. After Matto had to go to the hospital and after a doctor told her the farting idea was causing her to get hospitalized, she’s decided to sell her fart jars as non-fungible token (NFT) collectibles. Tiktoker Reveals Fart Jars NFT Collection The Youtuber and Tiktoker Stephanie Matto chose an interesting career choice when she decided to sell her farts in mason jars to paying customers online. The wind-breaking entrepreneur managed to acquire $200,000 for her mason jarred farts, but the idea was taking a physical toll on her body. That’s according to a doctor who told her the farting idea was an issue after Matto was recently hospitalized. In order to be more conscious of her body, Matto is now leaning on blockchain technology to continue her fart-selling career. Matto, the former reality star of TLC’s...
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Top 5 cryptocurrencies to watch this week: BTC, LINK, ICP, LEO, ONE

LINK, ICP, LEO and ONE could rebound if traders sense that Bitcoin's selling is near completion. Bitcoin ( BTC ) and most major altcoins remain under pressure as supports give way and bears sell at each rally attempt. This negative sentiment pulled the Crypto Fear & Greed Index to 10/100 on Jan. 8, one of its lowest readings ever. In comparison, 2021 had started on a bullish note with the reading hitting levels of 93/100, indicating “extreme greed.” This weak opening in the new year has not unnerved Bloomberg Intelligence analyst Mike McGlone who remains bullish. He said in a recent analysis that Bitcoin may rally to $100,000 and Ether ( ETH ) to $5,000 this year. Crypto market data daily view. Source: Coin360 However, some analysts argue that Bitcoin may struggle to maintain its bullish trend in an environment where interest rates are rising. Holger Zschaepitz questioned whether Bitcoin could hold up without “rock-bottom rates and trillions of dollars in central bank...
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‘Making a Stronger Impact Artistically’ — An In-Depth Discussion About NFTs With System of a Down’s Serj Tankian

Last month, the lead vocalist of System of a Down, Serj Tankian, hosted an art exhibition with the non-fungible token (NFT) platform and marketplace Curio NFT. The physical and virtual-melded art show was called “Not for Touching” and this week Tankian told Bitcoin.com News that he believes NFT technology has opened new doors for his artistic expression. This week Bitcoin.com News chatted with System of a Down’s (SoaD) lead vocalist, Serj Tankian , about non-fungible token (NFT) tech and how it has given him the ability to express his art in a new way. In December, Tankian and Curio NFT hosted an art exhibition featuring the artist’s NFT artwork called “Not for Touching.” Tankian has been an artist for years, but NFTs has given the SoaD singer a new way “to affect multiple senses simultaneously” and he stressed that he’s always interested in having “a stronger impact artistically.” The following is an in-depth discussion with SoaD’s Serj Tankian that Bitcoin.com News recorded on Ja...
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