A recent job posting for a cryptocurrency and blockchain lead has raised the speculations that Amazon may be preparing to welcome bitcoin payments.
According to a recent job posting, Amazon’s Payments Acceptance & Experience team is seeking an experienced product leader to create Amazon’s Digital Currency and Blockchain strategy and product roadmap.
The product lead will collaborate closely with teams throughout Amazon, including AWS, to build the future customer experience.
According to a company spokesman, it was motivated by the innovation in the bitcoin industry and is currently investigating how it may appear on Amazon.
According to Coindesk, e-commerce behemoth Amazon plans to accept bitcoin payments by the end of the year and consider minting its own cryptocurrency by 2022.
Bitcoin surpassed $39,000 for the first time since mid-June as investor mood improved following a recent sell-off, and the current price of Bitcoin is $38,297.
The gains were ascribed to various causes, including recent positive statements from Twitter CEO Jack Dorsey and Tesla CEO Elon Musk. This present positive attitude may also be attributed to an increase in rumors that Amazon would accept Bitcoin payments.
According to Coindesk, the Daily volume on the Bitstamp market is still lower than the average for the previous days this year. Still, it is beginning to rebound after the May drop.
Recent market emotions might signal the start of a new bull run. However, in light of current regulations and crackdowns, the cryptocurrency market may fall again if it fails to retain a favorable view in the short term.