Blow To Bitcoin As iPhone-Maker Apple Reveals Sudden Swerve
Bitcoin and cryptocurrencies have been rallying hard so far this year, largely due to interest in crypto from some of the world’s biggest technology companies, including social media giant Facebook, iPhone-maker Apple, and micro-blogging platform Twitter.
Now, Apple, amid plans to diversify away from its ailing iPhone cash cow, has said its closely-watched new credit card will not allow users to purchase bitcoin or other cryptocurrencies when it launches next month.