By Chris Dawson July 27, 2021 - 10:00 am

Bitcoin for Amazon transactions rumour based on Job Ad

Tongues are wagging that Bitcoin for Amazon transactions could be a reality by the end of the year and launch their own cryptocurrency in 2022 according to various reports, with CityAM stating that an insider has confirmed the news. This has all stemmed from a job

Newegg jumps on cryptocurrency bandwagon with global Bitcoin payment expansion

The US tech-focused marketplace Newegg are capitalising on the cryptocurrency trend by announcing the global expansion of Bitcoin payments to 73 Newegg country-specific stores, allowing shoppers to pay in nearly all of the countries the company serves worldwide. Five years ago, the marketplace was one of

Amazon Bitcoin tracking patent has wider implications

An Amazon Bitcoin tracking patent has been granted, which describes tracking multiple datastreams, combining them and then selling the rich data produced. It specifically mentions Bitcoin which was designed to be untracked and anonymous. Amazon suggest that each time a Bitcoin transaction takes place, the data

Bitcoin value dropped 12% in a day (28% in a month)

The value of Bitcoin plummeted by 12% to under £5,700 yesterday before recovering in the afternoon and currently trading at around £6,500. Overall Bitcoin lost around 28% of its value in January this year. The value dropped following raids on the office of Coincheck who were

Is it still too soon for retailers to accept Bitcoin?

Many retailers are looking at Bitcoin and other cryptocurrencies and will still be considering whether it's time to adopt them as a payment option. It may appear at face value that offering alternative payment options could only reduce friction at checkout, cryptocurrencies may still have

Stripe to ditch Bitcoin for Ecommerce payments

Payment processor Stripe has decided to dump Bitcoin for Ecommerce payments due to expense, slower processing times and currency fluctuations. "Over the past year or two, as block size limits have been reached, Bitcoin has evolved to become better-suited to being an asset than being a

eBay is seriously considering Bitcoin as payment

A senior eBay executive has said that they are considering accepting Bitcoin as a payment method. In recent weeks the value of the cryptocurrency has been very much in the news as it has soared at an extraordinary rate. Scott Cutler is the senior vice president

Will Amazon soon permit cryptocurrency payments?

Recently there has been speculation that Amazon may be on the brink of accepting cryptocurrency payments, via the likes of Bitcoin, for goods on the marketplace. And the latest moves suggest that it is at least on the radar at Amazon because they've been on a

Bitcoin hits all time high – up 200% in one year

The value of the Bitcoin has surged to record highs, currently valued at around $1,458. This is the highest it's traded at and it's tripled in value since this time last year. There's something to be said for speculators to invest in Bitcoins rather than traditional