Table of Content

Amazon is set to accept Bitcoin payments and launch a token

Amazon is looking to accept Bitcoin ( BTC/USD ) payments before the end of the year. A report unveiled this news earlier today, citing an insider. The company also posted a job advertisement over the weekend, searching for a cryptocurrency and blockchain lead. Reportedly, Amazon is looking for someone that can leverage domain expertise in blockchain, distributed ledger, central bank digital currencies, and cryptocurrency. According to the job listing , the incumbent’s role will involve developing the case for the capabilities that should be created, driving overall product vision and strategy, and gain leadership buy-in and investment for new capabilities. On top of this, the person that secures this position will have to work closely with teams across Amazon, such as AWS, to create a roadmap that includes the customer experience, the technical strategy, the system’s capabilities, and the deployment plan. While Amazon did not disclose its full intentions, the job description hints a

Enjin (ENJ) price analysis: is October a good month to buy this cryptocurrency?

Enjin ENJ/USD has weakened from $1.77 to $1.18 in less than several days, and the current price stands around $1.33. Fundamental analysis: Millions of people already use Enjin’s products Enjin Network was established by Witek Radomski and Maxim Blagov in the 2009 year. At first, it was a community gaming platform, and in 2017, the network had an initial coin offering (ICO) for Enjin coin. Enjin is the first NFT company accepted into the United Nations Global Compact, which shows the importance of this project. Enjin is committed to the UN Global Compact corporate responsibility initiative, and the mission of this project is to make an ecosystem for exchanging non-fungible tokens (NFTs) easily. The team behind Enjin believes that blockchain and non-fungible tokens (NFTs) are the future of our entire world, and because of this, they have the responsibility to ensure the future of NFTs is sustainable and equitable for every participant. Enjin Coin (ENJ) is a token that powers the E

Ethereum price prediction: Is ETH a buy or sell this week?

The Ethereum ( ETH/USD ) price rebounded during the weekend as investors reflected on the new order by China to ban all cryptocurrency transactions. The token rose to $3,120, which was about 18% above the lowest level in September. Its total market capitalization has risen to more than $367 billion. China crypto ban On Friday, the prices of most cryptocurrencies plummeted after the People’s Bank of China (PBOC) declared that all cryptocurrency transactions were illegal. The bank also warned offshore companies from offering crypto services like derivatives, exchanges, and wallets to Chinese citizens.  This was not the first time for China to express concerns about digital currencies. Back in 2014, the country announced that it was illegal to deal with the coins. And in July, the country intensified its crackdown on Bitcoin mining and other crypto services. It also barred banks and other financial services from offering these services. Therefore, Ethereum price rebounded during the

Best metaverse tokens to get In August

Decentraland (MANA/USD), Stacks (STX/USD) and Enjin Coin (ENJ/USD) are some of the best metaverse-related cryptocurrencies that you can get on August 4, 2022.

On July 28, 2022, Decentraland announced a new SDK, known as the SDK 7 Manifesto. Then on August 1, DecentRally set the track for the future experience of creators using the infinity engine code.

On August 3, 2022, Stacks announced “Spaces,” where they held a discussion about Stacks and Bitcoin and the usage of Native Bitcoin in Stacks Apps through DLCs.

Then on August 4, Enjin published their ecosystem report, going over Square Enix NFTs on Efinity, Entropia Universe NFTs in NFT.io marketplace prelaunch, XCM integrations, and Wallet 2.0 updates, among other things.

Should you buy Decentraland (MANA)?

On August 4, 2022, Decentraland (MANA) had a value of $0.9897.

The all-time high of Decentraland (MANA) was on November 25, 2021, at a value of $5.85.

Going over the performance throughout the previous month, its lowest point of value was on July 13 at $0.7663, while its highest point was on July 30 at $1.086.

Here we can see an increase of $0.3197 or 42%. With this in mind, we can expect MANA to reach $1.5 in value by the end of August 2022.

Should you buy Stacks (STX)?

On August 4, 2022, Stacks (STX) had a value of $0.4609.

When we go over the all-time high of the cryptocurrency, Stacks (STX) had a value of $3.39 on December 1, 2021.

When we take a look at its performance throughout the previous month, the lowest point was on July 13 at $0.3499, while the highest point was on July 20 at $0.4593.

This means that the cryptocurrency increased in value by $0.1094 or by 31%. At this rate, STX can reach a value of $0.8 by the end of August 2022.

Should you buy Enjin Coin (ENJ)?

On August 4, 2022, Enjin Coin (ENJ) had a value of $0.64678.

Going over the performance of the cryptocurrency, Enjin Coin (ENJ) had its highest point of value on November 25, 2021, at a value of $4.82.

When we take a look at the performance of the cryptocurrency throughout the previous month, the lowest point was on July 13 at $0.4522, while its highest point was on July 30 at $0.6948.

This gives us an indication that ENJ increased in value by $0.2426 or by 53%. With this in mind, we can expect ENJ to reach $1 by the end of August 2022.

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