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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 is the king of crypto and it’s here to stay’ says eToro CEO

Some regions may want to ban Bitcoin, but industry experts say BTC is here to stay While countries like El Salvador have welcomed Bitcoin (BTC) with open arms , other regions are pushing to legally ban the digital currency . Although this may be, some industry experts believe that Bitcoin is here to stay — for good.  For example, during an exclusive interview at Bitcoin 2021 Miami, Yoni Assia, chief executive officer of eToro, told Cointelegraph that he considers Bitcoin to be the “king of crypto,” noting that the most popular digital currency is here to stay: “I'll be surprised if we don't see a significant rise in the price of Bitcoin over the next three to five years, as there are still 5 billion people in the world that basically don't have good local currency.” Yet in order for this dream to become a reality, Guy Hirsch, managing director of eToro U.S., told Cointelegraph that people need to believe in the morality of decentralizing money: “I think that the moral...
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BarterTrade V2 Launches With Advanced Social Trading, Auto KYC and Institutional Grade Liquidity

BarterTrade , is a cryptocurrency trading ecosystem that upgraded to more advanced V2 on 6th May, 2021, implementing significant benefits and new features for traders. Understanding crypto traders’ needs is a key ingredient of the relaunch, which includes features such as a 0% trading fee, institutional liquidity, auto KYC and a new customer support. Bartering or Trade with V2 Upgrade The V2 BarterTrade crypto exchange ecosystem brings in a plethora of improvements and features, carefully selected and designed to ensure a seamless user experience. This includes: 0% Fee on BART Trades : BART, the native token of BarterTrade allows users to access a 0% trading fee Social Trading : A fast-growing Industry feature which affords invaluable help to new traders who want to follow and learn from successful, experienced traders. Live Chat Support : No more bots. BarterTrade believes that the human touch is crucial in offering the best service to its users, and uses a improved support sys...
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Ultra-Exclusive Surfside Penthouse in Miami Sells for $22 Million in an All-Crypto Deal

On May 27, the state of Florida saw one of the largest real estate sales in cryptocurrency, as a Miami Beach ultra-exclusive luxury penthouse was sold for over $22 million. The penthouse located on the ninth floor of the 12-story building offers 5,067 square feet of space and a 2,960-square-foot terrace with oceanfront views. One of the Most Exclusive Luxury Homes in Miami Sells Entirely for Crypto Assets According to Arte by Antonio Citterio , a penthouse in Miami’s Surfside neighborhood has been sold to an anonymous buyer who paid for the property entirely in cryptocurrency. The sale was the largest real estate purchase with crypto assets in Florida’s history. Developers say that the penthouse is one of the most expensive properties in Miami in terms of price per square foot. The Surfside region in Miami made headlines in December 2020, when a penthouse sold for a whopping $33 million. This particular luxury condo sold for cryptocurrencies at $22.5 million was sold for $4,440.50...
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SEC warns investors of the risks with Bitcoin futures

The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” The U.S. Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading — citing market volatility, a lack of regulation and fraud to name a few issues. In a June 10 Investor Alerts bulletin, the SEC outlines key points that investors should “carefully consider” before investing in a fund that buys or sells Bitcoin futures. “Investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment,” the bulletin read. This latest Bitcoin-related risk warning from the SEC follows up on a note it sent out last month, warning investors "interested in investing in a mutual fund with exposure to the Bitcoin futures market" to think twice due to the risks. The latest warning notes that while investments in...
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Bitcoin Mining Council unveils details, confirms Elon Musk has ‘no role’

MicroStrategy boss Michael Saylor heads up the group which aims to foster Bitcoin education. The Bitcoin Mining Council made a formal debut on Thursday as the debate regarding the environmental impact of the digital asset intensifies. The Bitcoin Mining Council describes itself as a “voluntary and open forum of Bitcoin miners committed to the network and its core principles”. Its mandate is to promote transparency, endorse good practices, and foster Bitcoin education according to the official website . MicroStrategy CEO Michael Saylor is one of the founding members who posted a call to arms on his Twitter feed on June 10. The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners committed to the network and its core principles. We promote transparency, share best practices, and educate the public on the benefits of #Bitcoin and Bitcoin mining. Join us. https://t.co/vGPGD3TA5p — Michael Saylor (@michael_saylor) June 10, 2021 The organization consists of a grou...
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Spain Prepares for Tax Returns Season With Crypto Traders in Sight

Spain nears the final day for its citizens to file their tax statements, and this year cryptocurrency traders are in the sights of tax authorities. Any trader that has obtained revenue after selling cryptocurrencies must file taxes and pay a percentage of the operation. However, many new traders are still unsure of what needs to be done. Spain’s Tax Authority Prepares to Target Crypto Traders Spain is nearing the end of the period stipulated to file tax statements. This year, the tax authorities are especially focused on cryptocurrency traders due to the enormous growth of the industry. According to local reports, 7.5 million Spanish citizens have entered the world of cryptocurrencies. Not only that, but about 60% of them are using it as investment vehicles. According to Spanish law, any trade or cryptocurrency sale registered with revenue should be declared. Spanish citizens that fail to file their statements can be sanctioned with fines. While cryptocurrency tax duties weren’t i...
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Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners

Xinjiang crypto miners forced to shut down, Antpool hash rates drop by 30%, and Baidu and Weibo try to scrub crypto players from their platforms. This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, following a tumultuous few weeks of regulation, the Bitcoin world’s focus shifted to Miami and Latin America. Searches for Bitcoin on China’s most popular social media app WeChat stabilized between 1-3 million per day, a stark difference from the peaks of over 10 million that were seen in late May. Weibo and Baidu half pulls the plug Baidu, China’s dominant search engine, restricted searches for exchanges Binance, Huobi, and OKEx early in the week. Typically, large internet companies work under the watchful eye of government and party officials, making this move somewhat expected. Filtering out ...
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