Welcome to this edition of your Netcoins weekly news. Crypto prices are making a bounce back in a big way after quite a lengthy bear market. Rampant speculation surrounding Amazon’s potential moves around crypto is a big reason for the spike. Crypto investors might’ve had enough of Elon Musk’s Dogecoin hype, but a certain fast-food chain we all know and love with locations in Brazil, is releasing a DOGEpper. This week’s news will also give you insight into what Ripple is doing to expand. It’s time for the roundup!
Amazon’s Crypto Job Posting Sparks Mini Bitcoin Bull Run
Amazon has a job posting up related to cryptocurrency,
. The posting is for a cryptocurrency and blockchain product lead, which of course is leading many enthusiasts to speculate about whether the e-commerce giant is about to announce it's accepting Bitcoin or other cryptocurrencies.
This is sparking quite a run for Bitcoin and Ethereum. Over the last five days, the price of Bitcoin is up around 21% from $40,000 Canadian to just under $50,000 Canadian.
Many who are having their crypto wallets crushed by the bearish run that was plummeting prices over the last several months are rejoicing, but a Reddit post points out that the same thing happened during a broader bearish trend in 2018, and it turned out to be a
.
Amazon is
that the company will soon accept cryptocurrency as payment.
Burger King Is Launching Dog Treats Customers Can Pay for With Dogecoin
You’ve heard of Dogecoin and the Whopper, but have you heard of Burger King’s new Dogepper? The fast-food chain is launching a treat for dogs that customers can buy using Dogecoin, but there is a catch.
The treats can’t be purchased inside the fast-food restaurant, users must go online. It also looks like the initial launch of the DOGEpper
.
The best part about the promotion is that much of the proceeds paid in Dogecoin will go to national government organizations focused on serving the greater good.
New Deal Enables Remittances between Ripple, Japan, and the Philippines
Ripple is partnering with remittance company SBI Remit, the largest money transfer service in all of Japan, a Filipino mobile payment service called Coins.ph and a digital asset exchange platform, SBI VC, to enable payments using the XRP token.
is going to launch Ripple’s first on-demand liquidity service in Japan.
Despite the company’s ongoing legal battles with the Securities Exchange Commission in the United States, Ripple continues to push forward in expanding its reach with regard to international remittances, especially in the Asia-Pacific region.
That's it for now! If you'd like to invest in bitcoin, ethereum, XRP and more, sign up for a Netcoins account today and trade in just a few minutes.
Looking to
? Netcoins makes it easy for people to buy and sell cryptocurrencies like bitcoin.
The information provided in the blog posts on this platform is for educational purposes only. It is not intended to be financial advice or a recommendation to buy, sell, or hold any cryptocurrency. Always do your own research and consult with a professional financial advisor before making any investment decisions. Cryptocurrency investments carry a high degree of risk, including the risk of total loss. The blog posts on this platform are not investment advice and do not guarantee any returns. Any action you take based on the information on our platform is strictly at your own risk. The content of our blog posts reflects the authors’ opinions based on their personal experiences and research. However, the rapidly changing and volatile nature of the cryptocurrency market means that the information and opinions presented may quickly become outdated or irrelevant. Always verify the current state of the market before making any decisions.
.png)
