CRO suprassed $0.07 hours after AWS teamed up with Cronos Labs.
CRO – the native token of CRO Protocol Labs – soared simultaneously after the disclosure.Despite the recent price increase, the coin has been on a massive downfall for the past year, losing more than 81% of its value.Several reports have indicated that the world’s largest online retailer could launch an NFT marketplace soon. The venue, dubbed “Amazon NFT Marketplace” or “Amazon Digital Marketplace,” would offer 15 collections initially available only to US clients.
Contrary to his prediction, last year’s crypto market crash led to a diminished interest in digital collectibles. NFT salesThe collapse of Silicon Valley Bank in March this year added more fuel to the fire,Crypto proponents have long desired to see a company from the scope of Amazon accepting cryptocurrencies, such as bitcoin, as a payment method: a move that could significantly accelerate the adoption of the leading digital asset.
Some rumors in the summer of 2021 hinted that the organization intends to do so. However, an Amazon spokesperson“Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true. We remain focused on exploring what this could look like for customers shopping on Amazon.”
CEO Jassy reiterated that position a year later, saying Amazon has no intention to embrace crypto as a means of payment. He also admitted to not holding any BTC.
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