Bitcoin Price Rises Sharply After Several Weeks

Bitcoin Price Rises Sharply After Several Weeks
The good news for those who hold the world's most popular digital currency, the Bitcoin, is that its value has risen sharply in less than a month. In recent weeks, the price of Bitcoin has dropped from 60 60,000 to 30 30,000 due to the crackdown on digital currencies in China and other reasons. However, on July 26, the value of the Bitcoin increased by 12.5% and reached close to 40 40,000.

The price of the Bitcoin has been above the 39 39,000 mark for some time, the first time since mid-June, now the Bitcoin is just over thousands 38,000 (over 6.2 million Pakistani rupees). The rise in Bitcoin prices has been fueled by rumors that e-commerce company Amazon is planning to use cryptocurrencies. The rumors began to spread last week when the company advertised for a job in the digital currency and BLOCKCHAIN product lead. "We need an experienced product leader who can shape Amazon's digital currency and BLOCKCHAIN strategy and develop a product ROADMAP," the ad said.

Company sources later told the media that the bitcoin could be accepted as a payment by Amazon by the end of this year. Sources also said that the company is also considering accepting other currencies and may introduce its own digital currency in 2022. According to sources, it will start with bitcoin which will be the most important initial stage of the CRYPTO project and these instructions have come directly from Jeff Bezos. Sources said that the company has been working on the projects since 2019 and is now ready to introduce the project to a large extent. If these rumors prove to be true, it will be a significant development for cryptocurrencies and increase their acceptance among the people.
Amazon's acceptance of Bitcoins will drive countless people to the sector and significantly increase the use of digital currency globally. 

Comments

Post a Comment

Popular posts from this blog

Telenor 4G SIM Status Check, 4G or No 4G

Image
Telenor Pakistan giving fastest Internet in Pakistan with high-speed data browsing. Telenor recently upgraded their network to 4G and now issuing 4G SIMs to new customer as well as replacing old 3G / 2G with 4G SIMs. The customers who did not know about their SIM status either that is 3G or 4G, can now easily check their SIM status about 4G supported or not. What to do? You have to simply open Telenor 4G SIM CHECK page and enter your Telenor mobile number and press search. After search process, if your SIM will be 4G, you will get following message: Dear customer your sim is 4G.  Dial *930# to avail bundles and experience Telenor 4G speed. Related terms: How can I convert my Telenor to 4g? How do I know if my SIM is 4g? How do I activate my 4g SIM card? How can I check my jazz 4g SIM? telenor 4g sim check code telenor 4g sim activation code how to check telenor sim 4g or not telenor 4g check code telenor 3g sim convert to 4g code how to activate 4g on telenor sim
Read more

How to Unsubscribe Ufone Free Monthly WhatsApp offer

How to Unsubscribe Ufone Free Monthly WhatsApp offer Ufone Free WhatsApp offer, Short Code, Details, Validity, Subscription Code Ufone Pakistan offers FREE WHATSAPP OFFER for their customers having Ufone SIM. This free WhatsApp offer give options to users to make free voice and video calls with chats to friends and family. The subscription code of Ufone is *987#, this will gives you 2 GB free Ufone Internet for WhatsApp with validity of one month. This offers of Ufone is for prepaid customers only and can be used on 2G, 3G and 4G Ufone networks.    Dial *6301# from Ufone SIM to end your free Ufone WhatsApp offer.
Read more