Bitcoin has an extremely powerful beginning of the week. The other day, the king coin was trading around $4k and at the moment, BTC is trading in the green and the coin is priced at $38,194.76.
PlanB confirmed that the bull market is far from over and he said that the previous BTC ATH is definitely not the top.
Check out his tweet below.
To reconfirm: on-chain signal still indicates this bull market is far from over, $64K was not the top. This is in line with S2F(X), of course. https://t.co/Ok1S496HB4
— PlanB (@100trillionUSD) July 26, 2021
Someone said: “Volume was incredibly low this weekend and it looks like one entity poured some epic amount of pump to get it to close to 40k. That’s a bit nerving that one entity can move it that much in the matter of a few minutes. Then it dipped down to 37k just as quickly. Face screaming in fearFace screaming in fear.”
The overall sentiment in the crypto space is pretty great these days.
The bounce pic.twitter.com/aiFiO4D1dV
— PlanB (@100trillionUSD) July 26, 2021
Amazon to hire a crypto lead
The mass adoption of crypto and their underlying tech, the blockchain has been one of the main goals that the crypto industry had.
There have been a lot of moves taking place in this direction and they continue.
It’s been just revealed that Amazon is looking for a Digital Currency and Blockchain Product Lead as the firm goes on with plans to bring its payments systems into the crypto age. This is definitely turning out to be bullish news.
“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon,” a company spokesperson told CoinDesk.
The same person continued and said: “We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”
