Subscribe To Our Newsletter
Get the latest crypto news right into your email box. No spamming. We hate it too. Only pertinent news you need to know
Author: USA Today
In December 2020, Russell Okung became the first NFL player to be paid part of his salary in Bitcoin. Other pro-athletes have followed suit, with Aaron Rodgers announcing in October 2021 that he would also be paid partially in Bitcoin and Trevor Lawrence placing his signing bonus in a cryptocurrency account in April 2021. Besides pro athletes, other high-profile people, including mayors and celebrities have said they are taking all or part of their salaries in cryptocurrency. But should you? And if so, how much should you allocate towards it? Bitcoin salaries don’t exist on a large scale, and the practice is typically reserved for people…
Like a teenager forced into adulthood, cryptocurrencies are finally growing up – with plenty of drama along the way. With investors having sunk an estimated $1.7 trillion into crypto, the Biden administration is reportedly taking a look at whether to further regulate digital currencies, a move that could rein in their renegade image. In another sign that crypto is going mainstream, investors have taken note that crypto’s price gyrations appear to correlate with the milder ups and downs of tech stocks. The observation defies the image of crypto as cutting its own path, devoid of attachments to either stock markets or governments. It may be…