Bitcoin has risen sharply following Amazon’s search for a cryptocurrency specialist
On July 25, Bitcoin rose the most in the last six weeks, approaching $ 40,000, according to Bloomberg, after information about the possible participation of the e-commerce giant, Amazon, in cryptocurrencies. Specifically, it strengthened by 15%, to $ 39,681, while a little later its rise was limited to $ 38,600.
The digital currency, whose price rose more than 20% last week, also rose above the 50-day moving average for the first time since May 9.
Some time ago, Amazon published a job that asked for a boss for digital currencies, thus speculating that it may accept cryptocurrencies in its transactions. The tech giant noted that the candidate should have experience in “Blockchain, Distributed Ledger, Central Bank Digital Currency and Cryptocurrency”. According to the job posting, the leader will be part of the company’s payment acceptance & experience team and will also work with Amazon Web Services (AWS) to create a cryptocurrency-based strategy to integrate into its customer experience.
An anonymous source told City A.M. that the e-commerce giant is also considering launching its own cryptocurrency by 2022 and that it may accept Bitcoin payments by the end of the year.