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NHL team San Jose Sharks to accept payments via Bitcoin, Dogecoin, and others

Famous NHL’s San Jose Sharks has joined a list of very few sports teams globally that accept cryptocurrencies like Bitcoin, Dogecoin, and Ethereum for transactions, according to an announcement made by the club’s President, Jonathan Becher.

The post NHL team San Jose Sharks to accept payments via Bitcoin, Dogecoin, and others appeared first on CryptoSlate.

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Famous NHL’s San Jose Sharks has joined a list of very few sports teams globally that accept cryptocurrencies like Bitcoin, Dogecoin, and Ethereum for transactions, according to an announcement made by the club’s President, Jonathan Becher.

The team will be partnering with crypto payments Bitpay to make the move possible.

Crypto for the sharks

According to Becher, since PayPal supports payment via cryptocurrencies, this means that his team, who accepts payment via the financial institution, also tacitly accepts crypto. So, instead of doing it through a third party, the NHL team would be embracing crypto payments itself.

Per his tweet, “We’re accepting PayPal, so then by definition, we’re accepting cryptocurrency. Why not embrace it and make it more visible as opposed to just doing it through a third party?”

The president went on to reveal that crypto payments would only currently be accepted for season tickets, suite leases, and partnerships while noting that “other use cases — including single-game tickets, F&B, and merch — will be evaluated over time.”

This implies that the success of the current adoption could lead to the full adoption of digital currencies by the team.

Blockchain Will Impact Sports and Entertainment — Jonathan Beecher

The NHL team president believes that the blockchain industry could have more impact on sports and entertainment than it already has. 

He made this statement in response to a Twitter user who quizzed him on the probability of his team accepting NFTs in the future. According to him, “Perhaps. I do think the blockchain will have more of an impact on sports & entertainment than people realize.”

Already, we have seen major sporting institutions and major players in the entertainment industry adopt crypto assets as a way of reaching more of their fans.

Many of these institutions have tied their entrance into the space to the growing demand by their fan base.

Meanwhile, with the move, the San Jose Sharks NHL team now joins the Dallas Mavericks, Sacramento Kings, Oakland Athletics, Southampton F.C., and other professional sports teams accepting Bitcoin and other crypto assets.

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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptoslate.com/san-jose-sharks-accepts-doge-ethereum/

Blockchain

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher? 

TL;DR Breakdown DOGE finds support at $0.26. Closest resistance at $0.28 to be tested. Next support at $0.25. Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets […]

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on

TL;DR Breakdown

  • DOGE finds support at $0.26.
  • Closest resistance at $0.28 to be tested.
  • Next support at $0.25.

Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets breached to the upside.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  1
Cryptocurrency heat map. Source: Coin360

The overall market trades in the red over the last 24 hours as Bitcoin has lost 3.14 percent and the rest of altcoins follow this price action trend. Ripple (XRP) is among the worst performers with a loss of almost 7 percent.

Meanwhile, Dogecoin trades around 4.5 percent loss, meaning strong bearish pressure. Other altcoins such as Solana (SOL), Filecoin (FIL), and Theta also trade with a 5-6 percent loss, indicating bears are in control.

Dogecoin price movement in the last 24 hours

DOGE/USD traded in a range of $0.2565 – $0.2924, indicating a strong amount of volatility. Trading volume has increased by 27.8 percent and totals $1.86 billion. The total market capitalization trades around $35.7 billion, ranking the cryptocurrency in 6th place.

DOGE/USD 4-hour chart – DOGE spikes to $0.255

On the 4-hour chart, we can see the Dogecoin price action retracing to $0.255mark over the past hours and currently starting to retrace some of the loss seen earlier today.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  2
DOGE/USD 4-hour chart. Source: TradingView

DOGE/USD 15-minute chart – DOGE retracement approaches $0.28 previous support

When looking at the 15-minute chart, the Dogecoin price action is very bullish as bulls look to regain some of the loss seen earlier today. The closest support is located around the $0.28 previous support, which, if acts as a resistance, will likely send Dogecoin lower again early next week. 

Therefore, a short position could be taken around the $0.28 level in case price action shows signs of rejection for further upside. From there, we can expect DOGE/USD to move towards the next major support at the 0.25 mark as seen on the 4-hour chart.

However, if the $0.28 breaks, DOGE/USD should see further upside towards the $0.30 mark, which would mean that a double top has been established over the past few days. This would ultimately still send DOGE lower as the overall, several-day price action sentiment is still extremely bearish.

Dogecoin price analysis: Dogecoin moves to $0.255, prepares to spike higher?
DOGE/USD 15-minute chart. Source: TradingView

The overall Dogecoin price action structure is still bearish as the market has retraced by more than 70 percent since May. After two strong waves to the downside, support was found around the $0.21 mark on the 19th of May. 

From there DOGE/USD quickly rallied higher and established resistance around $0.44. After further retracement and two higher highs, DOGE/USD gathered the strength to push to the $0.44 mark again. 

This resulted in another several-week retracement at the beginning of June. Higher support around $0.30 initially held the market from moving higher, however, it was broken on the 18th of June. Further downside followed earlier this week with the $0.28 mark tested next.

The $0.28 support broke earlier today as DOGE/USD quickly spiked lower. The $0.255 mark was quickly reached, and the market spiked higher over the past hours. Therefore, we can assume that DOGE/USD wants to retest the $0.28 resistance as a support and likely move lower from there.

Alternatively, if the $0.28 mark fails to hold, the Dogecoin price action will likely move much higher to the $0.30 resistance. From there, we can expect bears to push the market lower again.

The next major price target lower is located around the $0.21 mark as it is where DOGE/USD spiked towards during the severe retracement in May. Therefore, this could be the area where Dogecoin finds support again. In case the $0.21 mark fails to hold, a lot more downside could be seen for the Dogecoin price over the following weeks.

Dogecoin Price Analysis: Conclusion 

Dogecoin price analysis is bullish as we expect the market to retrace some of the loss seen over the past hours. Therefore, it is crucial whether the $0.28 previous minor support will act as a resistance or we will see further retracement higher to the $0.30 mark.

While waiting for the Dogecoin price to move higher, see our articles on DeFi advantages, Bitcoin fees, as well as what can you buy with Bitcoin.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptopolitan.com/dogecoin-price-analysis-2021-06-20/

Continue Reading

Blockchain

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher? 

TL;DR Breakdown DOGE finds support at $0.26. Closest resistance at $0.28 to be tested. Next support at $0.25. Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets […]

Published

on

TL;DR Breakdown

  • DOGE finds support at $0.26.
  • Closest resistance at $0.28 to be tested.
  • Next support at $0.25.

Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets breached to the upside.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  1
Cryptocurrency heat map. Source: Coin360

The overall market trades in the red over the last 24 hours as Bitcoin has lost 3.14 percent and the rest of altcoins follow this price action trend. Ripple (XRP) is among the worst performers with a loss of almost 7 percent.

Meanwhile, Dogecoin trades around 4.5 percent loss, meaning strong bearish pressure. Other altcoins such as Solana (SOL), Filecoin (FIL), and Theta also trade with a 5-6 percent loss, indicating bears are in control.

Dogecoin price movement in the last 24 hours

DOGE/USD traded in a range of $0.2565 – $0.2924, indicating a strong amount of volatility. Trading volume has increased by 27.8 percent and totals $1.86 billion. The total market capitalization trades around $35.7 billion, ranking the cryptocurrency in 6th place.

DOGE/USD 4-hour chart – DOGE spikes to $0.255

On the 4-hour chart, we can see the Dogecoin price action retracing to $0.255mark over the past hours and currently starting to retrace some of the loss seen earlier today.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  2
DOGE/USD 4-hour chart. Source: TradingView

DOGE/USD 15-minute chart – DOGE retracement approaches $0.28 previous support

When looking at the 15-minute chart, the Dogecoin price action is very bullish as bulls look to regain some of the loss seen earlier today. The closest support is located around the $0.28 previous support, which, if acts as a resistance, will likely send Dogecoin lower again early next week. 

Therefore, a short position could be taken around the $0.28 level in case price action shows signs of rejection for further upside. From there, we can expect DOGE/USD to move towards the next major support at the 0.25 mark as seen on the 4-hour chart.

However, if the $0.28 breaks, DOGE/USD should see further upside towards the $0.30 mark, which would mean that a double top has been established over the past few days. This would ultimately still send DOGE lower as the overall, several-day price action sentiment is still extremely bearish.

Dogecoin price analysis: Dogecoin moves to $0.255, prepares to spike higher?
DOGE/USD 15-minute chart. Source: TradingView

The overall Dogecoin price action structure is still bearish as the market has retraced by more than 70 percent since May. After two strong waves to the downside, support was found around the $0.21 mark on the 19th of May. 

From there DOGE/USD quickly rallied higher and established resistance around $0.44. After further retracement and two higher highs, DOGE/USD gathered the strength to push to the $0.44 mark again. 

This resulted in another several-week retracement at the beginning of June. Higher support around $0.30 initially held the market from moving higher, however, it was broken on the 18th of June. Further downside followed earlier this week with the $0.28 mark tested next.

The $0.28 support broke earlier today as DOGE/USD quickly spiked lower. The $0.255 mark was quickly reached, and the market spiked higher over the past hours. Therefore, we can assume that DOGE/USD wants to retest the $0.28 resistance as a support and likely move lower from there.

Alternatively, if the $0.28 mark fails to hold, the Dogecoin price action will likely move much higher to the $0.30 resistance. From there, we can expect bears to push the market lower again.

The next major price target lower is located around the $0.21 mark as it is where DOGE/USD spiked towards during the severe retracement in May. Therefore, this could be the area where Dogecoin finds support again. In case the $0.21 mark fails to hold, a lot more downside could be seen for the Dogecoin price over the following weeks.

Dogecoin Price Analysis: Conclusion 

Dogecoin price analysis is bullish as we expect the market to retrace some of the loss seen over the past hours. Therefore, it is crucial whether the $0.28 previous minor support will act as a resistance or we will see further retracement higher to the $0.30 mark.

While waiting for the Dogecoin price to move higher, see our articles on DeFi advantages, Bitcoin fees, as well as what can you buy with Bitcoin.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptopolitan.com/dogecoin-price-analysis-2021-06-20/

Continue Reading

Blockchain

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher? 

TL;DR Breakdown DOGE finds support at $0.26. Closest resistance at $0.28 to be tested. Next support at $0.25. Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets […]

Published

on

TL;DR Breakdown

  • DOGE finds support at $0.26.
  • Closest resistance at $0.28 to be tested.
  • Next support at $0.25.

Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets breached to the upside.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  1
Cryptocurrency heat map. Source: Coin360

The overall market trades in the red over the last 24 hours as Bitcoin has lost 3.14 percent and the rest of altcoins follow this price action trend. Ripple (XRP) is among the worst performers with a loss of almost 7 percent.

Meanwhile, Dogecoin trades around 4.5 percent loss, meaning strong bearish pressure. Other altcoins such as Solana (SOL), Filecoin (FIL), and Theta also trade with a 5-6 percent loss, indicating bears are in control.

Dogecoin price movement in the last 24 hours

DOGE/USD traded in a range of $0.2565 – $0.2924, indicating a strong amount of volatility. Trading volume has increased by 27.8 percent and totals $1.86 billion. The total market capitalization trades around $35.7 billion, ranking the cryptocurrency in 6th place.

DOGE/USD 4-hour chart – DOGE spikes to $0.255

On the 4-hour chart, we can see the Dogecoin price action retracing to $0.255mark over the past hours and currently starting to retrace some of the loss seen earlier today.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  2
DOGE/USD 4-hour chart. Source: TradingView

DOGE/USD 15-minute chart – DOGE retracement approaches $0.28 previous support

When looking at the 15-minute chart, the Dogecoin price action is very bullish as bulls look to regain some of the loss seen earlier today. The closest support is located around the $0.28 previous support, which, if acts as a resistance, will likely send Dogecoin lower again early next week. 

Therefore, a short position could be taken around the $0.28 level in case price action shows signs of rejection for further upside. From there, we can expect DOGE/USD to move towards the next major support at the 0.25 mark as seen on the 4-hour chart.

However, if the $0.28 breaks, DOGE/USD should see further upside towards the $0.30 mark, which would mean that a double top has been established over the past few days. This would ultimately still send DOGE lower as the overall, several-day price action sentiment is still extremely bearish.

Dogecoin price analysis: Dogecoin moves to $0.255, prepares to spike higher?
DOGE/USD 15-minute chart. Source: TradingView

The overall Dogecoin price action structure is still bearish as the market has retraced by more than 70 percent since May. After two strong waves to the downside, support was found around the $0.21 mark on the 19th of May. 

From there DOGE/USD quickly rallied higher and established resistance around $0.44. After further retracement and two higher highs, DOGE/USD gathered the strength to push to the $0.44 mark again. 

This resulted in another several-week retracement at the beginning of June. Higher support around $0.30 initially held the market from moving higher, however, it was broken on the 18th of June. Further downside followed earlier this week with the $0.28 mark tested next.

The $0.28 support broke earlier today as DOGE/USD quickly spiked lower. The $0.255 mark was quickly reached, and the market spiked higher over the past hours. Therefore, we can assume that DOGE/USD wants to retest the $0.28 resistance as a support and likely move lower from there.

Alternatively, if the $0.28 mark fails to hold, the Dogecoin price action will likely move much higher to the $0.30 resistance. From there, we can expect bears to push the market lower again.

The next major price target lower is located around the $0.21 mark as it is where DOGE/USD spiked towards during the severe retracement in May. Therefore, this could be the area where Dogecoin finds support again. In case the $0.21 mark fails to hold, a lot more downside could be seen for the Dogecoin price over the following weeks.

Dogecoin Price Analysis: Conclusion 

Dogecoin price analysis is bullish as we expect the market to retrace some of the loss seen over the past hours. Therefore, it is crucial whether the $0.28 previous minor support will act as a resistance or we will see further retracement higher to the $0.30 mark.

While waiting for the Dogecoin price to move higher, see our articles on DeFi advantages, Bitcoin fees, as well as what can you buy with Bitcoin.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptopolitan.com/dogecoin-price-analysis-2021-06-20/

Continue Reading

Blockchain

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher? 

TL;DR Breakdown DOGE finds support at $0.26. Closest resistance at $0.28 to be tested. Next support at $0.25. Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets […]

Published

on

TL;DR Breakdown

  • DOGE finds support at $0.26.
  • Closest resistance at $0.28 to be tested.
  • Next support at $0.25.

Dogecoin price analysis is bullish for the next hours as the market retraces after spiking to the $0.255 mark and retests resistance $0.28. Therefore, after DOGE/USD should rally and retrace further from there, unless the $0.28 gets breached to the upside.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  1
Cryptocurrency heat map. Source: Coin360

The overall market trades in the red over the last 24 hours as Bitcoin has lost 3.14 percent and the rest of altcoins follow this price action trend. Ripple (XRP) is among the worst performers with a loss of almost 7 percent.

Meanwhile, Dogecoin trades around 4.5 percent loss, meaning strong bearish pressure. Other altcoins such as Solana (SOL), Filecoin (FIL), and Theta also trade with a 5-6 percent loss, indicating bears are in control.

Dogecoin price movement in the last 24 hours

DOGE/USD traded in a range of $0.2565 – $0.2924, indicating a strong amount of volatility. Trading volume has increased by 27.8 percent and totals $1.86 billion. The total market capitalization trades around $35.7 billion, ranking the cryptocurrency in 6th place.

DOGE/USD 4-hour chart – DOGE spikes to $0.255

On the 4-hour chart, we can see the Dogecoin price action retracing to $0.255mark over the past hours and currently starting to retrace some of the loss seen earlier today.

Dogecoin price analysis: Dogecoin abruptly moves to $0.255, prepares to spike higher?  2
DOGE/USD 4-hour chart. Source: TradingView

DOGE/USD 15-minute chart – DOGE retracement approaches $0.28 previous support

When looking at the 15-minute chart, the Dogecoin price action is very bullish as bulls look to regain some of the loss seen earlier today. The closest support is located around the $0.28 previous support, which, if acts as a resistance, will likely send Dogecoin lower again early next week. 

Therefore, a short position could be taken around the $0.28 level in case price action shows signs of rejection for further upside. From there, we can expect DOGE/USD to move towards the next major support at the 0.25 mark as seen on the 4-hour chart.

However, if the $0.28 breaks, DOGE/USD should see further upside towards the $0.30 mark, which would mean that a double top has been established over the past few days. This would ultimately still send DOGE lower as the overall, several-day price action sentiment is still extremely bearish.

Dogecoin price analysis: Dogecoin moves to $0.255, prepares to spike higher?
DOGE/USD 15-minute chart. Source: TradingView

The overall Dogecoin price action structure is still bearish as the market has retraced by more than 70 percent since May. After two strong waves to the downside, support was found around the $0.21 mark on the 19th of May. 

From there DOGE/USD quickly rallied higher and established resistance around $0.44. After further retracement and two higher highs, DOGE/USD gathered the strength to push to the $0.44 mark again. 

This resulted in another several-week retracement at the beginning of June. Higher support around $0.30 initially held the market from moving higher, however, it was broken on the 18th of June. Further downside followed earlier this week with the $0.28 mark tested next.

The $0.28 support broke earlier today as DOGE/USD quickly spiked lower. The $0.255 mark was quickly reached, and the market spiked higher over the past hours. Therefore, we can assume that DOGE/USD wants to retest the $0.28 resistance as a support and likely move lower from there.

Alternatively, if the $0.28 mark fails to hold, the Dogecoin price action will likely move much higher to the $0.30 resistance. From there, we can expect bears to push the market lower again.

The next major price target lower is located around the $0.21 mark as it is where DOGE/USD spiked towards during the severe retracement in May. Therefore, this could be the area where Dogecoin finds support again. In case the $0.21 mark fails to hold, a lot more downside could be seen for the Dogecoin price over the following weeks.

Dogecoin Price Analysis: Conclusion 

Dogecoin price analysis is bullish as we expect the market to retrace some of the loss seen over the past hours. Therefore, it is crucial whether the $0.28 previous minor support will act as a resistance or we will see further retracement higher to the $0.30 mark.

While waiting for the Dogecoin price to move higher, see our articles on DeFi advantages, Bitcoin fees, as well as what can you buy with Bitcoin.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptopolitan.com/dogecoin-price-analysis-2021-06-20/

Continue Reading
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