from Simply Bitcoin:

Did Amazon & PayPal Just Open the Bitcoin Floodgates?!

Amazon and PayPal are making bold moves into Bitcoin, and the floodgates might be opening. Michael Saylor just pitched Bitcoin to Jeff Bezos, hinting at a potential Bitcoin play by Amazon, while PayPal is rolling out Bitcoin payments at millions of merchants. Meanwhile, Bitcoin’s price is dipping hard, whales are stacking, and the IMF is strong-arming El Salvador to curb its Bitcoin adoption. The real question: is this the start of the biggest Bitcoin adoption wave yet, or just another shakeout before the next leg up? Buckle up as we break down the bullish signals, the power plays, and what this all means for the future of Bitcoin.