Bitcoin price hits $54K, reaching a $1T market cap faster than Amazon and Google
Bitcoin's rally to $54,850 boosted its market capitalization above $1 trillion, a feat which took Amazon and Google decades to achieve. Within the last hour, Bitcoin's market capitalization pushed above the $1 trillion level. This milestone occurred less than a year after its market cap dipped below $100 billion on Black Thursday and the move to a new all-time high took place right as BTC price is on the verge of overtaking $55,000. Bitcoin market cap in USD. Source: TradingViewThe significance of this event will not be lost of those working in financial as only a handful of assets ever....
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This is what Amazon Wallet looks like. Amazon isn't new to the digital payments industry. The online retailer launched Amazon Payments back in 2007, a service that directly competes with the likes of PayPal and Google Wallet. Then in December 2013, Amazon purchased GoPago, a mobile payments platform. Now, continuing the company's push into the digital payments sector, Amazon has launched Amazon Wallet. What Amazon Wallet Does, Or Rather, Doesn't Do. Amazon Wallet is...surprisingly basic. Designed for use at the point-of-sale, Amazon Wallet is essentially an Android app that stores gift....
Cryptocurrencies are seeing a significant recovery as investors take advantage of the recent stock market rally and increased risk appetite. Bitcoin hits its highest in two weeks, extending gains from earlier this week that had seen it climb to $41,938 per coin on Saturday morning (Jan 24th). Related Reading | Bitcoin mimics stocks rally, hits two-week high Bitcoin, the largest digital currency globally, has hit $41,938. It is 16% high from Thursday’s low and 27% from the current year’s low of $32,950. Ether, the second-largest digital currency, has scaled new heights, reaching....
Yotta Electronics, a Bitcoin-only merchant that proudly claims to keep all their profits in Bitcoin, added Google Play Gift Cards to its store. "All Google Play Gift Card gift cards are purchased from United States authorized dealers like best buy, target etc. You will receive an email with your redemption code once your bitcoin payment is fully confirmed by the bitcoin network. When you received your Google Play Gift Card redemption code, please redeem it as soon as possible." It's interesting to see how gift cards like Gyft and eGifter permit using Bitcoin to purchase more and more goods....
The price rise over the weekend put Bitcoin’s market cap within $600 billion of Amazon. After rising above $66,000 today and reaching a market capitalization of more than $1.2 trillion, Bitcoin has surpassed the total market cap of both car manufacturer Tesla and social media giant Facebook.According to data from AssetDash, Bitcoin (BTC) is now the sixth most valuable asset by market capitalization among major companies, behind Microsoft, Apple, Google's parent company Alphabet, Saudi Aramco, and Amazon. The crypto asset passed Tesla’s and Facebook’s market caps of $1.19 trillion and $975....
We all know that Amazon doesn't have plans of accepting bitcoin for purchases anytime soon. It hasn't stopped many of us from finding ways to use bitcoin to pay for goods on Amazon. There are instances where people buy Amazon gift cards in exchange for bitcoin through third parties. These services aren't always reliable or trustworthy. Now, Coinjay is going to change all that. Coinjay is a browser extension for the widely used Google Chrome browser. This free extension, available on Google Chrome Store gives you an option to pay for your Amazon purchases with bitcoin. Once you have the....