Bitcoin to win favor with investors again; Apple looking for people with experience in digital wallets

analytics60ae6c28dd2b1.jpg

It seems that the period of hardships for BTC is coming to an end and quite soon it will rally again. Currently, bitcoin needs to break above the resistance level of $42,000-45,000. If so, BTC is sure to resume the bullish trend. Yesterday, an urgent meeting of miners in the US took place. It was organized by Michael Saylor who also invited Elon Musk. "Yesterday I was pleased to host a meeting between @elonmusk & the leading Bitcoin miners in North America. The miners have agreed to form the Bitcoin Mining Council to promote energy usage transparency & accelerate sustainability initiatives worldwide," Saylor tweeted. So, mining will soon become much safer for the environment and this will be a real breakthrough. Speaking at the conference, Saylor added, "The only reason we had the meeting is because we wanted to ensure the success of a decentralized cryptocurrency and the source of decentralization is energy usage." Following the meeting, bitcoin reached the level of $40,000.

Barry Silbert, the CEO of Digital currency, advised all holders and all short-term traders who sell off crypto during a panic to pay more attention to the trends of the stock market. He believes they need to be more involved before they make any conclusions and show their biased attitude to the cryptocurrency market. Apparently, the stock market is the main catalyst for the further upward development of the entire cryptocurrency market, especially for bitcoin and other altcoins.

In addition, positive news came from sunny California, straight from Cupertino. Renowned company Apple is looking for a business development manager to lead an alternative payments partnership, a real professional with a wealth of knowledge and skills in the niche of cryptocurrencies and related technologies, who thoroughly understands this technology and will help them in implementing some project that Apple hinted at back in 2019. According to a job posting on the Apple website, the company is seeking someone with the following experience: "5+ years experience working in or with alternative payment providers, such as digital wallets, BNPL, Fast Payments, cryptocurrency and etc. Deep knowledge of the alternative payments ecosystem, understanding the complexities of funds flow, roles/responsibilities for settlement, and relevant regulations."

Apple wants to find an employee or collaborators for its Apple Pay team to help them implement bitcoin or other various altcoins into the Apple Wallet payment method. In 2019, representatives of Apple Pay said that they considered cryptocurrencies, in particular Bitcoin, as a method of payment. They hinted that it had a great potential in the future so that they would be happy to work with digital coins because of their long-term prospects and limitless opportunities. However, Apple does not own any cryptocurrency unlike companies such as Microstrategy or Tesla. There is no cryptocurrency in their portfolio. If Apple really decides to take this step and introduce crypto technologies into the Apple Pay payment system, it will be a huge step for the mass acceptance of bitcoin, its global adaptation and the bull market.

The material has been provided by InstaForex Company - www.instaforex.com

Pages