Connect with us

Blockchain

San Jose Sharks now accept doge payment

TL;DR Breakdown American hockey announced it now accepts digital currencies including Doge Other sports organizations that have adopted crypto payment In another significant development for the cryptocurrency space, more sports organizations are announcing their digital currency adoption as San Jose Sharks becomes the latest sporting team to add support for several cryptocurrencies. Jonathan Becher, president […]

Published

on

TL;DR Breakdown

  • American hockey announced it now accepts digital currencies including Doge
  • Other sports organizations that have adopted crypto payment

In another significant development for the cryptocurrency space, more sports organizations are announcing their digital currency adoption as San Jose Sharks becomes the latest sporting team to add support for several cryptocurrencies.

Jonathan Becher, president of San Jose Sharks, a professional ice hockey team based in San Jose, California, via his official Twitter handle, disclosed the adoption of digital currency including Bitcoin, Ethereum, Dogecoin, amongst others by the team.

According to him, from next season the team will accept digital assets as a medium of payment for several services, including season tickets, suite leases, and corporate sponsorships. Adding that other use-case would be added shortly.

Becher also disclosed that San Jose Sharks’ decision to accept digital currency was based on PayPal’s move into cryptocurrency. He stated that PayPal’s move cleared their doubts and made them feel more comfortable accepting cryptocurrency as a means of payment.

BitPay to facilitate San Jose Sharks crypto adoption

San Jose Sharks also disclosed that its partnership with crypto payments service BitPay would enable it to accept digital assets.

As a result of the partnership with BitPay, the California-based ice hockey team can now adopt several digital currencies, namely Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin and Wrapped Bitcoin.

Also, the ice hockey team will add support for five different stablecoins, namely GUSD, BUSD, DAI, PAX, and USDC. Notably, BitPay would enable San Jose Sharks to receive crypto payments directly.

Becher, while responding to a Twitter user who asked if the San Jose Sharks has plans to launch non-fungible token (NFT) or any other types of crypto-related collectibles, hinted that the team was embracing blockchain because he believes blockchain would have a major impact on the future of sports and entertainment industry.

Other major sports organization that had adopted crypto

It is important to note that San Jose Sharks team joins the likes of Mark Cuban’s Dallas Mavericks, Sacramento Kings, Oakland Athletics, Southampton football club and other major sports teams that have adopted Bitcoin.

While the San Jose Sharks is the first-ever National Hockey League team to accept digital currency, Sacramento Kings were the first major sports team to accept Bitcoin when they allowed it to pay for merchandise and tickets.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptopolitan.com/san-jose-sharks-now-accept-doge-payment/

Blockchain

Michael Burry Warns of the ‘Greatest Speculative Bubble of All Time’

Legendary investor, Michael Burry who once called out on the housing bubble is back saying markets are in the biggest bubble in history.

Published

on

Table of Contents

Rate this post

Legendary investor, Michael Burry who once called out on the housing bubble has posted yet another warning about speculative assets like cryptocurrencies and meme stocks in a now-deleted tweet.

Michael Burry Warns of the ‘Greatest Speculative Bubble of All Time’

After deleting all his tweets just over two months ago, investor Michael Burry is back saying markets are in the biggest bubble in history.

Tweeting the hashtag #FlyingPigs360, in reference to an old Wall Street phrase: “Bulls make money, bears make money, but pigs get slaughtered,” which is used as a caution against greed.

Burry has warned that investors are more greedy now, speculating unrealistically, and chasing unrealistic wild returns, pointing to the excessive leverage used in the cryptocurrency market.

READ  Ark Investment Invests $20 Million in Grayscale Ethereum Trust Shares

“People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude. #FlyingPigs360.” he tweeted

Back in early April, Michael Burry had deleted his Twitter account after flagging the Tesla stock, which he is short along with GameStop, Bitcoin, Dogecoin, Robinhood, SPACs, inflation, and the broader stock market. He resumed twitter tweeting again on June 14.

Burry Compared the Hype Around Bitcoin to the Dot-com and Housing Bubbles

Burry even compared the hype around Bitcoin, electric vehicles, and meme stocks to the dot-com and housing bubbles and said earlier this year that the stock market was “dancing on a knife’s edge.”

Burry is most known for spotting the mortgage crisis ahead of time and making a fortune against the U.S. housing bubble.

READ  Tron [TRX] Beats Bitcoin [BTC] in Number of Transactions Within 300 days of launch

Back in February, he joined the inflation debate, making a comparison to the 1970s period warning investors to brace for inflation while pointing to a boom in demand due to the fiscal stimulus being injected into the economy, saying:

“The U.S. government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery. Trillions more stimulus & re-opening to boost demand as employee and supply chain costs skyrocket.” he tweeted in February.

#Crypto Market #Michael Burry #Speculative Bubble

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/michael-burry-warns-of-the-greatest-speculative-bubble-of-all-time

Continue Reading

Blockchain

Virtual Real Estate in Ether Metaverse Game Decentraland Sold for $913K

Republic Reals have recently set a new ATH value LAND sale for Decentraland, an open-world crypto metaverse game based on Ethereum.

Published

on

Table of Contents

Rate this post

Republic Reals have recently set a new ATH value LAND sale for Decentraland, an open-world crypto metaverse game based on Ethereum. The virtual plot of real estate was sold as an NFT in Decentraland for a record amount of $913,000 based on the price of MANA cryptocurrency at the time.

LAND Token in Decentraland Metaverse Game Based on Ethereum Sold For $913K

In accordance with the data released by NonFungible, this has proven to be the highest-value LAND sale till now in terms of US Dollars.

However, it should be noted that there have been past sales for more MANA when the currency was worth a lot less. 

The record is 2,772,000 MANA in the month of November of the year 2018, which was worth just under the level of $211,000 at the time.

Discussing a non-fungible token acts as a deed of ownership to a digital item and is tokenized on a blockchain in order to be conveniently validated. 

NFTs have the potential to take all kinds of forms, from still images to videos and even tweets.

Republic Realm, the company that invests in virtual real estate in crypto games said:

“We can’t wait to announce our big plans for this estate. Our commitment to building and developing the metaverse is stronger than ever.”

Further About the Ethereum-Based 3-D Game

Decentraland is an online metaverse in which the players are provided with an option to freely explore the world, interact with other players, and play games within the environment.

Well, the 3-D game is not the only game based on blockchain build around plots of digital land sold as NFTs either. Axis Infinity and The Sandbox are also on the list of games developed on the Ethereum blockchain and have raked in millions of dollars selling virtual real estate.

READ  Bitcoin Surges Above $6,300, Hits Dominance Records From December 2017

#Decentraland #Ethereum

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/virtual-real-estate-in-ether-metaverse-game-decentraland-sold-for-913k

Continue Reading

Blockchain

Bitcoin & Ethereum Price May Reach To These Levels By Next Week

btceth

The post Bitcoin & Ethereum Price May Reach To These Levels By Next Week appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

The Bitcoin price since the price slash has not shown the tendency to rise above the levels till now. However, it did multiple attempts to jump towards the north, yet dropped to its initial levels. A similar trend was also seen with the Ethereum price as it also fails to move and sustain above $2500. …

Published

on

The Bitcoin price since the price slash has not shown the tendency to rise above the levels till now. However, it did multiple attempts to jump towards the north, yet dropped to its initial levels. A similar trend was also seen with the Ethereum price as it also fails to move and sustain above $2500. Despite the bearish trend, yet the analyst believes much fruitful week is waiting ahead for both the assets. 

The crypto space is filled with many speculations and predictions, yet some analyst strongly believes these pullbacks are temporary. One of the popular analysts, Galaxy has predicted the price to rise above the target by next week.

The analyst predicts BTC price at $42K and ETH price at $3k in the coming 5 to 7 days. And hence keeping the hopes alive for the bull rally to resume very soon. 

Also Read: ‘Stop Trading Bitcoin Until Volatility Returns’, Says A Popular Analyst

Bitcoin Price Death Cross Expected Yet Not Validated!

Conpedia earlier reported about the upcoming death cross in the coming weekend, yet according to the reports, it may occur later in this month. But the intensity of the death cross is yet to be known. 

This is not the first time, BTC price is encountering such a situation, yet it has survived many since 2013. Each time, the price has slashed nearly 70% and regained in equal the next bottom. Each time the retracement periods are similar prior to and after the death crossover.

 The recent death cross in 2019 & 2020 did not have a similar impact as before. And according to a popular analyst,  Rekt Capital, if the upcoming DC may drag the price to as low as $18,000.

The analysts in a series of tweet explained the death cross event since the inception and its impact on the price. The analyst also said that the price have its crucial support levels at $32K and $29K. And if the price slumps below these levels, then the DC will be validated.

After the market slash, the entire crypto space is looking for a massive breakthrough that can uplift the Bitcoin price and the Ethereum price to the next level. And if the BTC price sustains the upcoming DC, then the recovery may be imminent.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://coinpedia.org/news/bitcoin-and-ethereum-price-may-reach-to-these-levels/

Continue Reading

Blockchain

What has been driving Amp’s price up? The Ethereum token has risen by 1200% since September!

Defi tokens AMPL and FXC

The post What has been driving Amp’s price up? The Ethereum token has risen by 1200% since September! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Despite the fact that the crypto market has been trending lower over the previous 24 hours, digital collateral token Amp (AMP) has continued to rise. Over the last 24 hours, AMP has gained 12.2 percent to $0.11, a gain of 12.2 percent. The cryptocurrency has gained 85.49 percent in a seven-day period. With a market …

Published

on

Despite the fact that the crypto market has been trending lower over the previous 24 hours, digital collateral token Amp (AMP) has continued to rise.

Over the last 24 hours, AMP has gained 12.2 percent to $0.11, a gain of 12.2 percent. The cryptocurrency has gained 85.49 percent in a seven-day period. With a market valuation of $4 billion on June 15, AMP was the 28th largest cryptocurrency by market capitalization. The token was trading at $0.086 at the time of writing.

Here’s more about the 1200% hype since September

In decentralized finance, AMP is an Ethereum-based digital currency that is useds as collateral to secure transactions and decentralize the risk of asset transfer (Defi). AMP is a collateral token for Defi applications that secures smart contracts.

The price began 2021 at $0.006657, after first launching at $0.009559 in September 2020, but has since fallen. Despite the fact that it saw significant increases following the Coinbase IPO last week. This year, Amp has been a standout performer, rising from $0.03 to $0.10 in a matter of weeks.

Coinbase, Gemini, Bittrex, Flexa, SushiSwap, UniSwap, and a number of other centralized and decentralized exchanges are all partners with AMP.

Shopify’s recent announcement of broadening its payments capability to Facebook and Google merchants could be another huge boost for Flexa. Furthermore, Sheetz, a US food and retail chain, said last month that it will begin taking Bitcoin payments through Flexa’s services.

Amp’s native asset, according to the developers behind it, is a collateral token. It is meant to facilitate quick, secure transactions. A

Amp insures the value of any transfer as collateral while it is pending confirmation – a process that can take anywhere from seconds to hours to days.

When consensus for a given transfer is reached, the tokens used as collateral are normally released, making them available to collateralize another transfer.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://coinpedia.org/altcoin/what-has-been-driving-amps-price-up/

Continue Reading
Blockchain1 hour ago

Michael Burry Warns of the ‘Greatest Speculative Bubble of All Time’

Aviation1 hour ago

Longtime friends make company history as Cougar Helicopters’ 1st all-female flight crew

Aviation1 hour ago

Emirates Now Operates Nearly 90% Of Pre-Pandemic Network

Aviation2 hours ago

JetBlue launches flights to Los Cabos

Aerospace2 hours ago

Op-ed | NOAA is stalling U.S. space traffic management

Aviation2 hours ago

Lufthansa Looks To Repay State Aid

Cleantech2 hours ago

Lincoln Announces 4 New EVs Coming, Audi Halts New Internal Combustion Engine Development

Crowdfunding2 hours ago

UK-based BaaS Fintech 10x Future Technologies Finalizes Oversubscribed $187M Round led by BlackRock, Others

AR/VR2 hours ago

Review: Eternal Starlight

Publications2 hours ago

New Report Finds That Facebook Still Runs Discriminatory Ads

Crowdfunding2 hours ago

Nutmeg Delivers Returns to Crowdfunding Investors, Industry Needs More News Like This

Aviation2 hours ago

Canadian airlines return to Puerto Vallarta after 4-month hiatus

AR/VR2 hours ago

‘ALTDEUS: Beyond Chronos’ Episode Yamato DLC Comes to Quest, Trailer Here

AR/VR2 hours ago

5 VR Headsets Making Headlines in 2021

AR/VR2 hours ago

“Only” a LUT creator

Esports2 hours ago

Mousesports unveils academy CS:GO roster

Aviation2 hours ago

Cathay Pacific Carried Just 774 Passengers Per Day In May

Aviation2 hours ago

Mid-Canada Mod Center Modernizes Falcon 50 Aircraft Flight Deck with Universal Avionics InSight Display System

Esports2 hours ago

LEC power rankings: 2021 Summer Split week one

Esports3 hours ago

3 for 2 deal on some of this year’s top titles like Resident Evil Village, Hades, Marvel’s Spider-Man: Miles Moales and more.

AI3 hours ago

AI-driven hedge fund rules out Bitcoin for lack of ‘fundamentals’

Aviation3 hours ago

Royal Canadian Air Force Foundation to Support Canada’s Future Leaders with Unique Scholarship Program

Aviation3 hours ago

Bombardier Delivers First Global 7500 Aircraft in Indonesia

Energy3 hours ago

Инвертор Solis обеспечивает питание первой углеродно-нейтральной АЗС фирмы Sinopec с BIPV

Cleantech3 hours ago

Kansas City Engages Community To Expand Electric Vehicle Infrastructure

Esports3 hours ago

Pokémon TCG Chilling Reign set now available across the West

Energy3 hours ago

ALYI Publishes EV Rideshare Update With IQST, UN and Revolt Token Highlights

Esports3 hours ago

Pinnacle Cup II to feature $100,000 prize pool; Entropiq, MIBR among invitees

Crowdfunding3 hours ago

Apple to Offer Healthcare

Aviation3 hours ago

The Story Of The Boeing 757

Trending