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Salaries in Bitcoin Cash Now Available in UK, US, EU – Roger Ver’s Bitcoin.com Takes the Opportunity

ByBit
  • Yuri Molchan
    📰 News

    Expanding from Bitcoin and Ethereum, the Bitwage startup has added Bitcoin Cash payrolls and Roger Ver’s Bitcoin.com has become the first corporate customer for BCH

Salaries in Bitcoin Cash Now Available in UK, US, EU – Roger Ver’s Bitcoin.com Takes the Opportunity
Cover image via www.123rf.com

Good news comes from the sphere of crypto adoption as the Bitwage crypto payroll provider has expanded its services to Bitcoin Cash. Now, companies and freelancers in the UK, US and EU can get part of their salaries in BCH.

As per Bitwage’s website, Roger Ver’s Bitcoin.com has become their first corporate customer to get its staffers’ wages in BCH.

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Salaries in crypto – a dream of any crypto enthusiast

Bitwage is one of those companies that allows the crypto community to get part of their wages in crypto. Until now, the company worked with only Bitcoin and Ethereum payrolls but now they have added Bitcoin Cash.

Any company or a freelancer may signup to fund their payrolls in cryptocurrency. As per the company’s website, among their customers are such giants as Uber, Google and Facebook.

BCH wages
Image via bitwage.com

As reported by U.Today previously, Binance also pays its employees a portion of their salaries in BNB.

 

Would you like to receive part or all of your salary in crypto? Share your thoughts on that in the comments section below!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Bitcoin Massacre: $180 Mln Worth of BTC Longs Liquidated on BitMEX

ByBit
  • Alex Dovbnya
    📰 News

    A massive amount of long positions gets liquidated on the BitMEX exchange after the Bitcoin price tanked all the way down to $7,350

Bitcoin Massacre: $180 Mln Worth of BTC Longs Liquidated on BitMEX
Cover image via u.today

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

$179.3 mln worth of longs has been liquidated on BitMEX, the leading derivatives exchange, after the Bitcoin price shockingly dropped to $7,350 (compared to spot exchanges where BTC didn't go below $7,500). Considering that the average leverage is 25x, Bitcoin bulls collectively netted a loss of around $6.4 mln.         

One of the top traders on BitMEX, who felt "long and strong" at the $8,000 level, most probably regrets his recent tweet.     

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This string of bloody-red candles opens a possibility for a further drop to below $7,000, which has been the pipe dream of Bitcoin bears ever since the BTC price blasted past this level back in May.   

At the time of writing, the top coin by market capitalization is sitting at $7,581 with no sings of buying pressure, CoinStats data shows.  

Trader "The Wolf of Wall Street" says that the retail interest in Bitcoin has been slowing down in November (based on the number of addresses with balances less than 0.1 BTC). Hence, it is unlikely that the average Joe will start FOMOing in anytime soon.      

Dutch analyst "Plan B" didn't cave in to bearish sentiment. He says that the positive difficulty adjustment prevented the much-feared miner capitulation, and the BTC price could increase from that point. 

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As reported by U.Today, the Bitcoin price could still nose-dive by 40 percent based on the BitMEX funding rate

Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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