{"id":308982,"date":"2021-07-27T06:13:44","date_gmt":"2021-07-27T03:13:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/amazon-denies-rumored-plans-for-bitcoin-support\/"},"modified":"2021-07-27T06:13:44","modified_gmt":"2021-07-27T03:13:44","slug":"amazon-denies-rumored-plans-for-bitcoin-support","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/amazon-denies-rumored-plans-for-bitcoin-support\/","title":{"rendered":"# Amazon denies rumored plans for Bitcoin support"},"content":{"rendered":"<p>&#8220;<strong># Amazon denies rumored plans for Bitcoin support <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvYjllMjZkMDMtMGU2Yy00MDYwLTg2NTAtNjlhODNmMGQ4MmY4LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Amazon has refuted recent speculation it may be readying to support Bitcoin payments, asserting it currently has no plans for BTC.<\/p>\n<p>According to a Reuters<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/us-amazon-cryptocurrency\/amazon-denies-report-of-accepting-bitcoin-as-payment-idUSKBN2EW2HT\"> report<\/a> 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 for payments just yet:<\/p>\n<blockquote><p>\u201cNotwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true.\u201d<\/p><\/blockquote>\n<p>However, the spokesperson did not deny that Amazon is researching crypto payments, adding: \u201cWe remain focused on exploring what this could look like for customers shopping on Amazon.\u201d<\/p>\n<p>On July 22, Amazon posted a job opening for a digital currency and blockchain product lead. Four days later, London\u2019s City A.M. <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>paper ran a story citing an \u201cinsider\u201d who claimed Amazon was \u201cdefinitely\u201d preparing to support Bitcoin payments and launch a native token \u2014 igniting frenzied anticipation for Amazon&#8217;s purported crypto plans.<\/p>\n<p>Chinese crypto <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> outlet, Wu Blockchain, attributed Amazon\u2019s rumored plans to Monday\u2019s surging market action \u2014  during which Bitcoin gained roughly 15% in less than three hours amid a violent squeeze that drove more than $110 million in liquidations. In a July 26 tweet, Wu<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1419466750052143105\"> stated<\/a>:<\/p>\n<blockquote><p>\u201cBitcoin rose by 12% in one hour, leading the increase. Because [the] Chinese have just gotten up. It is obvious that the price of Bitcoin has started to rise after this rumor about Amazon spread in the Chinese community.\u201d<\/p><\/blockquote>\n<p><strong><em>Related:<\/em><\/strong><em> <\/em><em>Amazon plans to accept Bitcoin payments this year, claims insider<\/em><\/p>\n<p>With Amazon dismissing its rumored plans to support Bitcoin, BTC prices have started to retreat. At the time of writing, BTC was trading down 4.4% over the past 24 hours at $36,770, according to<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\"> CoinGecko<\/a>. <\/p>\n<p>On July 23, Cointelegraph reported on the position posted by Amazon\u2019s payments acceptance and experience steam. The product lead will be tasked with developing the company\u2019s strategy of digital currency and blockchain as well as a product roadmap.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/amazon-denies-rumored-plans-for-bitcoin-support\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Amazon denies rumored plans for Bitcoin support &#8221; 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&#8230;<\/p>\n","protected":false},"author":1,"featured_media":308983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvYjllMjZkMDMtMGU2Yy00MDYwLTg2NTAtNjlhODNmMGQ4MmY4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,76276,74889,2758],"class_list":["post-308982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-payments","tag-payments","tag-amazon"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/308982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=308982"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/308982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/308983"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=308982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=308982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=308982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}