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NYDIG to Partner with New York Yankees for Bitcoin Benefits

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Today’s Cryptocurrency Headline

NYDIG, a leading bitcoin company, today announced a multi-year partnership with the New York Yankees to become the team’s official Bitcoin Payroll Platform. The deal aligns the world’s most iconic sports franchise with the most trusted name in Bitcoin by offering employees of the Yankees organization access to NYDIG’s Bitcoin Savings Plan (BSP). Founded in 1903, the New York Yankees are the most successful and popular team in Major League Baseball history. They have won 19 American League East Division titles, 40 American League pennants, and 27 World Series championships. 

BingX’s Bitcoin Chart

Source: TradingView & BingX

Federal Reserve Governor Christopher Waller said on Thursday he supports another 75-basis-point interest rate increase in the U.S. Bitcoin is up 3.79% over the last 24 hours and rose to an intraday high of $20,647.98. The largest cryptocurrency avoided losses while the U.S. equities market dropped on the July 14 Wall Street open. For now, if Bitcoin keeps the current momentum, the BTC/USDT pair could break and close above the 20-day exponential moving average (EMA) ($20,814). However, Bitcoin investors expect the Fed to hike rates by another 75 basis points later this month, which could have a negative impact on the prices.

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