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Will Bitcoin and Crypto Have Their Moment During Apple's Ongoing iPhone Event?

  • Alex Dovbnya
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    Will Apple follow Samsung’s lead with a full-fledged Blockchain wallet? Will it challenge Facebook’s Libra?   

Will Bitcoin and Crypto Have Their Moment During Apple's Ongoing iPhone Event?

Jennifer Bailey, the VP of Apple Pay, said that they were “watching cryptocurrecnies.” It was a shockingly rare mention of crypto by one of the top companies by market capitalization.

Bailey’s comments came right on the cusp of Apple’s annual iPhone event, which brings together millions of viewers. Hence, it gave ground to speculations about whether Apple is going to proceed further with its crypto plans by including a Blockchain wallet in new iPhone models.

As reported by U.Today, Samsung Galaxy S10 functions as a cold wallet that supports a basket of coins.

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Some even suggested that Apple could jump feet-first by announcing an Apple Coin to rival Facebook’s Libra, which is expected to be launched in 2020 under close regulatory scrutiny.

Anthony Pompliano of Morgan Creek Digital even posted a poll on Twitter about whether Apple would discuss Bitcoin and crypto during the upcoming event. So far, the majority of poll responders believe that Apple will snub digital assets, but we are about to find out.

Cover image via www.apple.com
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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