Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking Integration – Featured Bitcoin News
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Plans
Ethereum pares gains, Bitcoin pushed under $40K as the Fed is set to reveal tapering plans
Ether (ETH) and Bitcoin (BTC) pulled back on Wednesday as investors awaited fresh guidance from the United States Federal Reserve (Fed).ETH price slipped by 0.57% to $2,857, while the BTC/USD prices were up 0.68%, changing hands at $39,739 at around 10:30 am EST. Nevertheless, both the pairs reached their current
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1inch Foundation plans to distribute 10M tokens to compensate for gas costs
The non-profit arm of decentralized exchange aggregator 1inch plans to give away more than $23 million to users starting September 1.In an announcement on Tuesday, the 1inch Foundation said it would begin distributing 10 million of its native 1INCH in an effort to refund gas costs for users who stake
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Amazon Denies Claims about Bitcoin Payment Plans
The initial announcement that Amazon would start accepting Bitcoin payments caused a spike in the coin’s price.Amazon.com Inc (NASDAQ: AMZN) has openly rejected claims by a British newspaper, City A.M., that it would start accepting Bitcoin payments by the end of the year.The report by City A.M. was distributed freely
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Amazon denies rumored plans for Bitcoin support
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
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Amazon plans to accept Bitcoin payments this year, claims insider
An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to accept Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions. “This isn’t just going through the motions to set up cryptocurrency payment
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