ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

XRP Price Prediction as XRP Climbs 2% Amid Trading Volume Slump – Will XRP Continue Its Upward Trend?

December 2, 2023

Top Ethereum (ETH) Wallets Forming an ‘Encouraging Pattern,’ According to Crypto Analytics Firm Santiment

December 2, 2023

UK Legislators urge caution in retail digital pound rollout

December 2, 2023
Twitter Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
Twitter Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    XRP Price Prediction as XRP Climbs 2% Amid Trading Volume Slump – Will XRP Continue Its Upward Trend?

    December 2, 2023

    Top Ethereum (ETH) Wallets Forming an ‘Encouraging Pattern,’ According to Crypto Analytics Firm Santiment

    December 2, 2023

    UK Legislators urge caution in retail digital pound rollout

    December 2, 2023

    Whale Accumulates About $187,000,000 Worth of Bitcoin and Altcoins From Binance in Just Three Days: Lookonchain

    December 2, 2023

    UK Legislators urge caution in retail digital pound rollout

    December 2, 2023

    Here’s a Possible Bitcoin Price Path to $200,000, According to Analyst Who Called 2021 Crypto Market Collapse

    December 2, 2023

    $40,000 Bitcoin ‘Coming Soon’ As BTC Now Giving Few Reasons to Sell: Top Crypto Trader

    December 1, 2023

    Bitcoin price hits $39K as Powell stirs bets Fed rate hikes are over

    December 1, 2023

    Ethereum price rallies toward key resistance but is ETH’s strength sustainable?

    December 1, 2023

    Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm

    December 1, 2023

    Circle denies claims of illicit financing and ties to Justin Sun

    November 30, 2023

    SEC solicits comments on Fidelity’s spot Ether ETF application

    November 30, 2023

    Web3 Infrastructure Altcoin Skyrockets More Than 120% This Week Amid Publication of New ‘Vision Paper’

    December 2, 2023

    FTX and Alameda Research cash out $10.8M to Binance, Coinbase, Wintermute

    December 1, 2023

    Steep Rally Loading Up for Decentralized Finance (DeFi) Altcoin, According to Crypto Strategist

    December 1, 2023

    November most ‘damaging’ month in 2023 as thieves pilfer $363M in crypto

    December 1, 2023

    XRP Price Prediction as XRP Climbs 2% Amid Trading Volume Slump – Will XRP Continue Its Upward Trend?

    December 2, 2023

    Top Ethereum (ETH) Wallets Forming an ‘Encouraging Pattern,’ According to Crypto Analytics Firm Santiment

    December 2, 2023

    UK Legislators urge caution in retail digital pound rollout

    December 2, 2023

    Whale Accumulates About $187,000,000 Worth of Bitcoin and Altcoins From Binance in Just Three Days: Lookonchain

    December 2, 2023
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos

    This MrBeast-Backed Crypto will CRUSH the 2024 Bull Run (Be Ready)

    November 30, 2023

    Solana: Where’s SOL Headed Next!? Price Prediction & Updates!

    November 30, 2023

    Turn $10K Into $1Million With This Crypto Portfolio!

    November 30, 2023

    BIGGEST MOMENT FOR BITCOIN HAPPENING NOW! [HUGE NEWS]

    November 29, 2023

    World's Biggest Soccer Star SUED For Crypto SCAM! (Is Ronaldo In TROUBLE?)

    November 29, 2023
ApeWatcher News
Home » UFC fighter will receive full salary in Bitcoin, shrugs off crypto market volatility
Bitcoin

UFC fighter will receive full salary in Bitcoin, shrugs off crypto market volatility

Coin TelegraphBy Coin TelegraphJuly 19, 20220 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Ultimate Fighting Championship (UFC) fighter Luana Pinheiro announced that she has partnered with Bitwage to receive her salary in Bitcoin (BTC). Pinheiro said she continues to receive fiat payments from her sponsors but converts them to BTC immediately through Bitwage. 

Pinheiro is currently ranked 15th in her UFC division and has won eight consecutive fights. The fighter said she chose to receive her salary in Bitcoin after her boyfriend and fellow mixed martial artist Matheus Nicolau encouraged her.

Comparing Bitcoin to her fighting style, jiu-jitsu, Pinheiro highlighted that she prefers to get paid in BTC and that she does not care about the volatility of the cryptocurrency. According to her, volatility is the key factor that drives asset appreciation.

“If it weren’t volatile, it wouldn’t go up either,” she said, further explaining:

“Think about it: it takes an average of 10-15 years for an individual to obtain a black belt in Brazil in Jiu Jitsu, so my time preference here is just as long, if not longer. Everything else is just noise to me and the lower the price, the more Bitcoin I can secure for the future.”

Related: Fight for Bitcoin: Brazilian UFC star to receive fight earnings in BTC

The Brazilian also revealed that, for her, Bitcoin works as a hedge against inflation, since over the years the purchasing power of fiat currencies has been deteriorating with inflation, while BTC, despite its corrective movements, continues in an uptrend.

“Don’t forget I’m from Brazil, so I know a thing or two about inflation and its effects. I was born around 1994, around the time the Brazilian currency Real was introduced and pegged 1:1 to the U.S. dollar at the time. It is now 5 BRL for 1 USD. Bitcoin is for that, to protect against inflation,” she said.

Related: Nifty News: UFC Strike marketplace, Horrific Crypt TV, and new travel NFTs

In addition to Nicolau and Pinheiro, professional soccer players Alex Barrett, Achara Ifunanyachi, and Alex Crognale also receive their income in Bitcoin.

UFC has forged several partnerships with crypto companies. In April, UFC joined forces with crypto exchange Crypto.com, enabling fighters to receive their fan bonuses in BTC. The fan bonus is paid out by Crypto.com to the top three fighters of upcoming pay-per-view events.

Separately, in June, UFC entered into a multi-year marketing partnership with blockchain logistics firm VeChain Foundation worth $100 million.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

UK Legislators urge caution in retail digital pound rollout

December 2, 2023

Here’s a Possible Bitcoin Price Path to $200,000, According to Analyst Who Called 2021 Crypto Market Collapse

December 2, 2023

$40,000 Bitcoin ‘Coming Soon’ As BTC Now Giving Few Reasons to Sell: Top Crypto Trader

December 1, 2023

Bitcoin price hits $39K as Powell stirs bets Fed rate hikes are over

December 1, 2023

Bitcoin ETFs, user experience will drive adoption — eToro CEO

December 1, 2023

Hut8 Mining operates as U.S.-domiciled entity following USBTC merger

December 1, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Articles

XRP Price Prediction as XRP Climbs 2% Amid Trading Volume Slump – Will XRP Continue Its Upward Trend?

December 2, 2023

Top Ethereum (ETH) Wallets Forming an ‘Encouraging Pattern,’ According to Crypto Analytics Firm Santiment

December 2, 2023

UK Legislators urge caution in retail digital pound rollout

December 2, 2023
ApeWatcher News
Twitter Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2023 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.