Skip to main content

Posts

Showing posts from February 10, 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...
Post a Comment
Read more

How to create an ERC token without coding, explained

Tokens are more than an on-trend business move; they are a door into a new set of opportunities for simplified transfers, crowdfunding and loyalty programs. How can users create a token? Creating a token requires deploying a smart contract which is simplified with modern platforms that enable users to fill in details of their proposed token without coding or technical knowledge.  Traditionally, creating a token would require a creator to outline token properties, including the supply, name, and number of auxiliary functions. This step would be followed by deploying a smart contract, QA testing and blockchain deployment. While users would traditionally require a basic understanding of coding, newer platforms simplify the process to enable anyone to deploy a token of their own. One of these platforms is Student Coin Terminal which allows users to create a custom ERC-20 token. Users can start the token creation process by connecting their Ethereum wallet (selecting between Walle...
Post a Comment
Read more

Top Latin American exchange Bitso officially expands to Colombia

Founded in 2014 in Mexico, Bitso is now officially present in Argentina, Brazil, El Salvador and Colombia. Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia. As part of Bitso’s development strategy in Colombia, the exchange has hired former Mastercard executive Emilio Pardo as new country manager, the firm announced to Cointelegraph on Thursday. Pardo is former head of business development for the Andean Region at Mastercard, where he focused on fintech issues like instant and cross-border financial transactions and open banking. He will now be responsible for developing Bitso’s strategy in Colombia to increase the local crypto adoption and financial inclusion, focusing on Bitso’s strategic basics including education and security. According to Pardo, Latin America is now going through one of the most important moments in the adoption of cryptocurrencies, and Colombia is not an exception...
Post a Comment
Read more

City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High

While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters the power to support, improve and program the Magic City.” However, after reaching $0.05 per unit on September 20, 2021, the crypto asset miamicoin has shed more than 88% in value against the U.S. dollar. City of Miami Receives First Disbursement From Miamicoin Project Totaling $5.25 Million A new coin called miamicoin (MIA) aims to benefit the Sunshine State’s bustling city as it rewards holders via the Stacks protocol . Miamicoin was built using the Stacks protocol, a smart-contract network built on top of the Bitcoin (BTC) blockchain. In December 2021, Francis Suarez spoke with Bloomberg Television and he explained he was seeking to expand the use of crypto assets across the city of Miami. Months later, on February 2,...
Post a Comment
Read more

Strong Bitcoin and stocks rally position bulls for victory in Friday’s $860M options expiry

Recent strength in BTC and the recovery in equities markets are boosting investors’ confidence and giving bulls the upper hand. Bitcoin ( BTC ) bulls have good reason to celebrate the 22% gain in the past week. The price is pushing toward $46,000 and to the surprise of many, the $43,000 level held steady despite the volatility caused by the United States inflation data released on Feb.10. There have been mixed feelings on the macroeconomic side. For example, retail sales in the Eurozone disappointed on Feb. 4 when the figure showed a 2.0% year-on-year growth versus the 5.1% expectation. while the United States nonfarm payroll abruptly showed a 467,000 jobs increase. Investors are clearly increasingly concerned about corporate earnings despite the stronger than expected China and U.S. economic growth. In the past few weeks, some big names took a hit, including Meta (FB), Delivery Hero (DHER-DE) and Paypal (PYPL). Feb. 10’s 7.5% yearly U.S. consumer price index growth will likely r...
Post a Comment
Read more

Technical Analysis: THETA Surges 20%, While LEO Falls Lower, Again

LEO fell for a second consecutive session, as crypto markets traded with higher levels of volatility on Thursday. THETA ignored this uncertainty and climbed by close to 20% today. Biggest gainers Following turbulence during today’s trading session, the global cryptocurrency market capitalisation was able to climb, and was around 1% higher as of writing. . Leading this gain was theta network (THETA), which, as of writing, was trading 18.87% higher, which was almost double its closest bull, secret (SCRT). THETA, which was trading at a low of $3.33 on Wednesday, climbed to an intraday high of $4.11 earlier today. This move saw THETA/USD breakout of resistance at $3.48, which had been in place since January 22. As a result of the breakout, the 10/25 day moving averages marginally crossed, and this was the first upward cross since late December. Price strength also broke new ground, with the 14-day RSI moving to 62, after moving past its long-term ceiling of 59. THETA is still roug...
Post a Comment
Read more

Cointelegraph Consulting: Comeback clues from January’s crypto cold spell

In the past three months, whale addresses with 100–10,000 BTC have dumped approximately 150,000 BTC. With key stakeholders taking profits and confidence in buying the dip staying high, traders who were overzealous about a quick Bitcoin rebound back to all-time high levels were punished with further price declines. Although Bitcoin ( BTC ) has subtly bounced since dropping below $34,000 in late January, its price is still down 20% in the last 30 days. Ether ( ETH ) has fared worse, dropping 30% in this same timeframe. This edition of the Market Insight’s newsletter takes a deeper look at the data behind the cryptocurrency market’s performance in the past month. For example, Bitcoin’s key whale trader tier, typically comprising addresses holding between 100 and 10,000 BTC, has dumped approximately 150,000 BTC in the past three months. The supply held by this group is very often used as a primary leading indicator for where prices will head next. The current supply held by these wha...
Post a Comment
Read more