MLB team will HODL Bitcoin received from suite sales, says president

Dave Kaval, president of Major League Baseball’s Oakland Athletics, says the ball club will be HODLing any Bitcoin that fans pay for luxury seats at the team ballpark in the San Francisco Bay Area.  In an interview with Bloomberg on Friday, Kaval said no baseball fans had yet taken advantage of the opportunity to buy a full season, six-person suite for the home season for 1 Bitcoin (BTC) since the deal was first announced on March 15. Though the A’s club president said he was still hopeful “two or three”…

Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive

Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on the Ethereum (ETH) network.  As a result, yield farmers have begun exploring options outside the Ethereum network for more accessible opportunities in a low fee environment. One option that has shown steady growth in liquidity since launching is Flamingo Finance (FLM), a DeFi platform based on the Neo (NEO) blockchain and the Poly Network interoperability protocol.…

Pantera Capital backs Liquity Protocol’s $6M Series A funding round

DeFi lending platform Liquity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency loans.  The funding round was led by Pantera Capital, a crypto-focused venture capital firm, with additional contributions from Nima Capital, Alameda Research, Greenfield.one and IOSG, the company announced Monday. Angel investors including Meltem Demirors, David Hoffman and Calvin Liu also contributed to the raise. Liquity has raised $6M in Series A funding led by @PanteraCapital. Read the full announcement here: https://t.co/OhqrKT8N9x — Liquity (@LiquityProtocol) March…

Pro Baseball Team Oakland A’s Sells Seating for Bitcoin

Key Takeaways The Oakland A’s are selling full-season seating for Bitcoin. President Dave Kaval stated that he has received more than 100 inquiries and hopes to finalize two to three sales by next Thursday. Other pro sports teams such as the NBA’s Dallas Mavericks and the NFL’s Miami Dolphins have previously accepted crypto. Share this article Professional baseball team the Oakland Athletics is accepting Bitcoin as payment for full-season suites, according to an interview broadcast by Bloomberg Technology on Mar. 26. One Bitcoin Per Suite Previously, team president Dave Kaval…

The Ethereum Fractal You Have Got To See

Ethereum price over the last couple of years has outperformed even Bitcoin’s, making it the most bullish cryptocurrency among the top three assets. But a fractal brewing in the altcoin could make for an incredibly bearish outcome if history repeats. Here’s a closer look at the bearish cryptocurrency chart fractal potentially warning of a reversal, and the before and after you’ve got to see to believe. Ethereum Fractal Says The Bull Market Is Finished For The Top Altcoin Ethereum price has long been soaring right alongside Bitcoin, but since tapping…

Cosmos Adds Interoperability, Sending ATOM Higher

Key Takeaways With Cosmos’ added interoperability, projects in the Cosmos Hub will be able to exchange data and tokens with each other.  The announcement has generated attention because it will foster economic collaboration through the blockchain ecosystem. ATOM looks primed for a bullish breakout, as a particular technical indicator has flashed a buy signal.  Share this article Cosmos has expanded interoperability with other blockchains, pushing the price of ATOM through a crucial resistance barrier.   Cosmos Opens the Interoperable Era In a nearly unanimous vote, ATOM token holders have enabled Cosmos’ Inter-Blockchain…

Former SEC Chairman Jay Clayton joins crypto advisory board

Three months after resigning from the United States Securities and Exchange Commission, or SEC, Jay Clayton has joined the advisory board at crypto investment manager One River Asset Management, signaling a changing of the guard for the former securities regulator.  Clayton, along with Kevin Hassett of The Lindsey Group and Jon Orszag of Compass Lexecon, joins One River Asset Management’s newly formed academic and regulatory advisory council, the company announced Monday. Although Clayton’s exact role within the advisory group wasn’t specified, One RIver CEO Eric Peters said his goal was…

Indian crypto exchange execs intensify lobbying efforts to prevent ban

Nischal Shetty, CEO of Indian crypto exchange WazirX, and other stakeholders in the industry are reportedly working toward convincing the government to adopt more nuanced cryptocurrency regulations. According to a report by The Economic Times, the country’s Blockchain and Crypto Council has drafted a presentation note highlighting recommendations for cryptocurrency regulations in India. The regulatory framework proposed by the council — which is an arm of the Internet and Mobile Association of India, or IAMAI — reportedly contains measures to address issues like money laundering and threats to rupee monetary…

Do $100K–$300K Bitcoin call options signal a bullish BTC price path?

The open interest on Bitcoin (BTC) Dec. 31 call options between $100,000 and $300,000 reached an impressive 6,700 contracts, which is currently worth $385 million. These derivatives give the buyer the right to acquire Bitcoin for a fixed price, while the seller is obliged to honor the price. One might think that this is a great way to leverage a long position, but it comes at a cost and is usually quite high. For this right, the buyer pays an upfront fee (premium) to the call option seller. For example,…

Growth hacker uses crypto to help the unhoused

Before the 2017 bull run, growth hacker Giacomo Arcaro often slept in his car. Now an entrepreneur who speaks at crypto conferences and forums, he is looking for ways to promote adoption and help those financially struggling as a result of the ongoing pandemic. Last weekend, Arcaro prepared to issue up to $50,000 in Ether (ETH) crypto loans to homeless and unhoused people in New York City. After speaking with some of the roughly 80,000 individuals in the city’s homeless population on a different occasion — and giving away some…