Bitcoin Rises To $ 38,000 Amid Rumors Of Amazon Support For BTC Payments

As reported by City AM, citing an insider, Amazon will add support for Bitcoin payments by the end of this year. The BTC rate reacted with a sharp rise to $ 38,000.

At its peak, bitcoin rose to $ 39,700 – very little remained to a significant level of $ 40,000. However, then the rate of the first cryptocurrency dropped slightly and now BTC is traded at $ 38,700.
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Last week, Amazon opened a position for a cryptocurrency and blockchain specialist as part of the Amazon Payment Acceptance & Customer team. This suggests that the world’s largest online retailer is planning to rethink its payments strategy. But, according to an insider, the company’s intentions are much larger.

“This is not just a discussion of proposals for accepting cryptocurrencies in the distant future. This is a full-blown, full-blown, and well-discussed part of Amazon’s future engine of work. Everything will start with bitcoin – this is the first stage of the project, and the instruction came from Jeff Bezos himself, “- quotes the words of an insider City AM

Supporting bitcoin is not the only thing. Support for ETH, ADA and BCH will also be added, according to an insider, and the online retailer plans to launch its own payment token next year.

“The whole project is almost ready to launch. It will be a multi-level structure where it will be possible to pay for goods and services with cryptocurrencies and receive tokens as a reward, ”the insider emphasized.

Note that there is no confirmation of this information yet. Back in February of this year, Amazon was opening several blockchain developer jobs. They were expected to develop the retailer’s own digital currency.

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