Amazon will follow the investments trend in the industry: Binance CEO

amazon to follow trends zhao

The CEO of Binanace is among the optimists of the industry and that’s no secret, but he now believes that Amazon will follow suit in the investments trends taking on the market by the storm given the expectations from the giant.

The past few months have been rough for crypto space as the market rates continue to decline with no signs of recovery. The markets aren’t attracting any investors and dealers at all. However, the crypto community remains optimistic and holds the cryptocurrency concept on a high pedestal. They see the potential in it and are sure that it is going to make a fast recovery sooner or later.

The CEO of Binance is one of the crypto community members who are optimistic about the situation. Binance is a leading bitcoin exchange and is soon going to launch its blockchain network called Binance Chain. Binance is promoting the chain to be completely decentralized. The CEO of Binance is just the initiator of the new investment trend, and he suspects that the trend is soon going to be followed by Amazon. On his Twitter, he tweeted that he is still waiting for the day Jeff Bezos accepts crypto.

Despite the presence of many high profile personalities already promoting crypto space in one way or another, it is not enough. It will greatly help the crypto industry if a market giant like Amazon contributes to the crypto market. Its presence will immediately initiate the recovery of the presently declining rates of the crypto market. However, Amazon has yet to show any form of interest in participating in the industry.

Even though media market giants like Google and Microsoft have not yet boarded the crypto train the popularity of cryptocurrency continues to increase day by day. Recent studies indicate that the number of users choosing cryptocurrencies is steadily rising.

That being said, cryptocurrency is slowly being adopted by apps, for example, web browser Opera has added a new feature that allow users to have crypto wallets. This is just the start, and this will lead to wide-scale adoption of crypto among the public.

Marko Tee

Marko Tee

Contributor and news writer for Cryptolitan.com. Marko has 4+ years of experience as a journalist and covered cryptocurrency and blockchain technology. He has years of experience writing about tech news and innovation.

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