Investment Veteran Says Amazon ’s Plans Didn’t Cause Bitcoin’s Recent Rally

Despite rejecting rumors the e-commerce giant will soon support Bitcoin payments, a spokesperson for Amazon has said the firm is still interested in the crypto space. Amazon has refuted recent speculation it may be readying to support Bitcoin payments, asserting it currently has no plans for BTC.According to a Reuters report on July 27 citing a spokesperson from the firm, Amazon remains interested in the crypto industry but has no specific plans to onboard digital assets for payments just yet:“Notwithstanding our interest in the space, the speculation that has ensued around our specific....

Amazon is not interested in embracing bitcoin, but it is looking into new digital payment services, possibly a service developed in-house, a new report suggests. The company's payments head Tom Taylor told Re/code that Amazon did indeed consider bitcoin, but eventually decided that there was not enough interest in the technology for Amazon to benefit from adopting it. Said Taylor: "Obviously, it gets a lot of press and we have considered it, but we're not hearing from customers that it's right for them, and don't have any plans within Amazon to engage bitcoin." Amazon's revenue in 2013 was....

In recent years, it has become clear that Amazon wants to achieve many great goals in the very near future. Just last year, one of the hot topics regarding Amazon was whether or not they would be using drones to deliver packages straight to your door. While that matter remains unresolved for the time being, the company has come up with a new plan called On My Way. The idea behind On My Way is rather simple and ingenious at the same time. There are so many different Amazon customer sin the world, so why not use them to deliver Amazon packages to other customers? In order to make this idea a....

The FTT price has been challenging gravity and the overall trend in the crypto market for the past two weeks. A recent report hints at a potential bullish continuation based on this scenario and to the benefit of the FTX creditors. Related Reading: FTT Up By 21% Despite FTX Claims Portal Troubles As of this writing, the FTT price trades at $1.20, with sideways movement in the last 24 hours. The token recorded a 19% profit in the previous two weeks, while the last 30 days show a 15% increase. In the meantime, major cryptocurrencies have seen half of this price action over the same period.....

London, January 26, 2016. UK Bitcoin service provider SpectroCoin.com this month launched a new feature on its platform to allow clients to purchase Amazon vouchers with Bitcoin. Vouchers for Amazon.com, Amazon.co.uk, Amazon.de, Amazon.it, Amazon.fr and Amazon.es are available. “After the introduction of Amazon.co.uk vouchers back in November 2015 we have seen a significant interest from our clients in other countries to be able to purchase vouchers from different Amazon shops, therefore, we added up another 5 Amazon stores to serve European and US customers” says SpectroCoin.com....