Friday, February 3, 2023
No Result
View All Result
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
No Result
View All Result
Home Cryptocurrency

New York Yankees employees can get partially paid in Bitcoin with NYDIG partnership

Updates Finance by Updates Finance
July 15, 2022
in Cryptocurrency
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Bitcoin (BTC) investment firm NYDIG announced a multi-year partnership with the American baseball team, the New York Yankees, on July 14 to become the team’s official Bitcoin Payroll Platform.

The deal will allow the Yankees employees to convert a portion of their paycheck to Bitcoin as part of the Bitcoin Savings Plan (BSP), NYDIG’s workplace benefits package. As part of BSP, Yankees employees do not need to pay any transaction or storage fees.

According to NYDIG research, 36% of employees under the age of 30 are interested in receiving a part of their earnings in Bitcoin, the press release said. The research also found that when choosing between identical jobs, around 1 in 3 of these employees would rather work for a company that helps them get paid in Bitcoin, the press release added.

Kelly Brewster, chief marketing officer at NYDIG, said in the statement:

“For employees of the Yankees and beyond, the opportunity to allocate a small slice of their paycheck to a Bitcoin Savings Plan can be one of the most efficient ways to save bitcoin, and the dollar-cost averaging can smooth out the bumps along the way.

Meanwhile, the price of Bitcoin has recovered above $20,000 after the dip on July 13 following the news of U.S. inflation reaching a 40-year-high of 9.1%.

Get an Edge on the Crypto Market 👇

Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.

You might also like

Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March  – Technology Bitcoin News

Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live

Render token up 17% after DAO approves burn & mint mechanism

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits



Source link

Tags: BitcoinEmployeesNYDIGpaidpartiallyPartnershipYankeesYork
Share30Tweet19
Updates Finance

Updates Finance

Recommended For You

Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March  – Technology Bitcoin News

by Updates Finance
February 2, 2023
0

The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase...

Read more

Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live

by Updates Finance
February 2, 2023
0

In this week’s episode of Market Talks, Cointelegraph welcomes Budd White, chief product officer and co-founder of Tacen, a United States-based software company developing compliance software for a well-regulated crypto...

Read more

Render token up 17% after DAO approves burn & mint mechanism

by Updates Finance
February 2, 2023
0

Render Network announced that it has received governance approval to implement a burn and mint equilibrium (BME) mechanism for its native token — RNDR.RNDR surged over 17% to...

Read more

January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase – Markets and Prices Bitcoin News

by Updates Finance
February 2, 2023
0

Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with...

Read more

Fed Meeting Today: What Does it Signal for Cryptocurrency? | by Augustus | The Capital | Feb, 2023

by Updates Finance
February 2, 2023
0

The Federal Reserve (Fed) is expected to increase interest rates by a quarter point (25 bps) today while indicating its ongoing commitment to combating inflation despite decreasing the...

Read more
Next Post

Does Homeowners Insurance Cover Water Damage?

Related News

After Mango Markets exploit, Compound pauses 4 tokens to protect against price manipulation

October 25, 2022

US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

November 10, 2022

Is whole life insurance a good investment and in what circumstances?

October 28, 2022

Browse by Category

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Get the latest Financial news on updatesfinance.com. Business news, Economy news, Investing news, Personal Finance and more.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Recent News

  • This Is Where Subway’s Co-Founder Left Half of His Fortune
  • Ascendant Resources Announces High Grade Copper Assay Results Supporting High-Grade Copper Corridor at the Venda Nova South Zone

Copyright © 2022 - Updates Finance..

No Result
View All Result
  • Home
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Updates Finance..

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?