Can Bitcoin Return to Positive Territory? 😬

Plenty of challenges lie ahead for the world's biggest cryptocurrency. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [CoinMarketCap Earn]( [CoinMarketCap Earn]( Market Activity Total Market Cap $1.87T (-2.38%) 24 Hour Volume $129.16B (-2.85%) Notable Movers[(AXS) $60.53]( (+8.13%) Notable Movers (DeFi)[(MLN) $184.81]( (+71.65%) Bitcoin Dominance 42.49%[(+0.23%)]( Bitcoin Price[(BTC) $42,164.58 (-2.05%)]( Ethereum Price[(ETH) $2,941.42 (-3.18%)]( Cardano[(ADA) $2,12 (-2.08%)]( Do You Want Your Salary in Bitcoin? Tom Brady does. The former Patriots’ quarterback said in a podcast interview this week that he’d be interested in receiving some of his salary in cryptocurrency. "I’d love to request to get paid in some crypto and, you know, to get paid in some Bitcoin or Ethereum or Solana tokens." Getting paid in crypto goes against a lot of the current norms of the crypto industry — namely, don’t put in more than you are willing to lose. If you are getting your monthly salary in crypto, does that mean that you need to be willing for your paycheck to go to zero? At least right now, in this pseudo-bull market, that’s not usually the case. If you have been getting your salary in any of those three cryptos over the past few months, you not only haven’t been losing money, you’ve probably been making multiple times more than you were before. This is not true across the board (if you started getting paid in crypto when Bitcoin was at $60,000, for instance….you might not be so happy with your savings now). But in general, the idea of getting a lump sum in crypto every month does fall into the popular crypto investing strategy of "[dollar-cost averaging]( — where you spread your purchases across predefined intervals in order to avoid short-term volatility. If you’re a big dollar-cost averaging believer (or just a true crypto fan), getting paid in crypto might be for you. Or you could take a roundabout approach, and convert a portion of your fiat salary every month into the crypto of your choice. Or you could think we are all crazy, and keep your fiat salary for living expenses totally separate from any speculative crypto investing. It’s up to you to decide. And maybe consider that Tom Brady has had multiple concussions and head injuries over his long football career. SPONSORED AD The Most Popular Way to Trade Crypto Low fees, 80+ trading pairs. Trusted by millions of users across 200 countries. Trade with the fastest matching engine in crypto. [Trade Crypto]( Low fees, 80+ trading pairs. Trusted by millions of users across 200 countries. Trade with the fastest matching engine in crypto. [Trade Crypto]( Today’s Top Stories 🌟 Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! [Today’s Top Stories ]( Bitcoin's Struggles Continue 💸 BTC is struggling to find its way back to positive territory, with prices briefly dipping below $40,000 on Tuesday evening. Bulls may face an uphill struggle as they attempt to advance to $43,000 and beyond. Market jitters have been linked to the debt crisis engulfing the Chinese property developer Evergrande, which is struggling to make interest repayments. [The latest.]( Stablecoins 'Like Poker Chips' 👀 U.S. Securities and Exchange Commission chairman Gary Gensler has likened stablecoins to "poker chips at the casino" — warning investors will get hurt without stronger oversight. He told The Washington Post: "I think there's just a lot of warning signs and flashing lights that we might have a spill in aisle three, and I'd rather get ahead of it." [What he said about BTC.]( Should AMC Accept DOGE? 🍿 The CEO of AMC Theatres has launched a poll — asking whether the cinema chain should also accept Dogecoin as a payment method. The company will allow Bitcoin, Ether, Litecoin and Bitcoin Cash to be used by the end of the year. At the time of writing, 69% of respondents said it's a good idea, while 15.6% warned it would be a waste of effort. [Find out more.]( Scammers Create Fake Apple Site 📱 Scammers have managed to swindle $69,000 after creating a fake version of Apple’s website. The bogus page was set up to try and catch the attention of those hoping to tune in to the launch event for the new iPhone 13. It featured a Bitcoin giveaway scam instead, with victims told to send crypto to an address in order to get twice as much back. [Read our story.]( Thanks for reading! Have a great day — more news tomorrow! 👋 [Read More]( We Aren’t Just Daily News. Take A Look At Some Of Our Other Products: Watchlist Airdrop Event Create a "[Watchlist]( to win up to 1,000 USDT airdrops! [Create Watchlist Now]( Watchlist Airdrop Event Create a "[Watchlist]( to win up to 1,000 USDT airdrops! [Create Watchlist Now]( [Go to CoinMarketCap]( [App Store]( [Google Play]( [Facebook]( [Twitter]( [Instagram]( [Telegram]( © 2021 CoinMarketCap [Update Settings]( | [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States