Microsoft "Blocks" Bitcoin Payments

Microsoft "Blocks" Bitcoin Payments

According to FX168, most Bitcoin prices fluctuated higher in the Asian session on Monday (March 14), rebounding from a relatively low level.

The quotes released by BITSTAMP show that Bitcoin/ US dollar (XBT/USD) fluctuated and fell below 411 yesterday, and then rebounded to around 412. During this trading day, the Asian session fluctuated from around 412 to the 415 level.

(Bitcoin/USD time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by KRAKEN showed that Bitcoin/ Euro (XBT/EUR) fluctuated sharply and fell below 367 yesterday. During the Asian session of this trading day, it fluctuated higher from this level to around 370.

(Bitcoin/Euro time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by Huobi.com show that Bitcoin/ CNY first fluctuated and fell to around 2690 yesterday, then rebounded gently from the low level, and continued to rise to around 2728 in the Asian session of this trading day.

(Bitcoin/RMB 30-minute chart source: Huobi.com)

In the industry , it is reported that Microsoft has recently closed the Bitcoin payment method in the Windows App Store, and users are also unable to withdraw deposited Bitcoin.

The remaining bitcoins in the account can still be used for payment operations. However, Microsoft did not delete the question of how to top up and withdraw money from the FAQ page of the App Store.

Since 2014, the Windows App Store has begun to provide support for Bitcoin. At that time, Microsoft believed that Bitcoin would become the mainstream currency in the industry in the future and hoped to use its own Windows App Store to help promote Bitcoin.

At 13:55 Beijing time on March 14, Bitcoin/USD was 415.39, Bitcoin/Euro was 370.55, and Bitcoin/ RMB was 2728.68.


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