RATE Group | Bad news for Bitcoin in a tough week for cryptocurrency
70002
post-template-default,single,single-post,postid-70002,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bad news for Bitcoin in a tough week for cryptocurrency

26 Nov Bad news for Bitcoin in a tough week for cryptocurrency

Posted at 19:41h in Cryptocurrency News by

[ad_1]

It’s been a bad week for cryptocurrency amid a bitcoin crash and a series of blows from big companies who are distancing themselves from crypto in general.

If you’re in a rush the Born2Invest business news mobile app helps you digest the crypto news summaries in small digestible chunks, helping you be up to date with the newest information in this field. Our team of experts puts the most important cryptocurrencies news at your fingertips.

Alibaba has refused to work with cryptocurrencies

Representatives of Alibaba company said that they will no longer accept cryptocurrencies as a means of payment. The statement was designed to quash rumors of Alibaba’s partnership with the Lolii cryptocurrency platform. On November 11th in honor of the Chinese holiday “Bachelor’s Day” Lolii organized an event where users of Alibaba could get cashback in Bitcoin amounting to 5% of their purchase value.

It appears that the event was organized without Alibaba’s knowledge. A representative of…

[ad_2]

Source link

Tags:
, , , , ,