The price of crypto currencies increases. Bitcoin and Ethereum jumped more than 1%. Starbucks (NASDAQ: SBUX) denied previous reports that it would accept Bitcoin as a payment unit. At 12.00 WIB Bitcoin gained 1.4% to $ 7,082.9 on the Bitifinex exchange, while Ethereum increased 1.1% to $ 411.6 on the Bitifinex exchange. In the last 24 hours Ripple traded at $ 0.43227, edging up 0.07% on the Poloniex exchange, while Litecoin also advanced 3.8% to $ 76.12. A Starbucks spokesman clarified that they would not accept Bitcoin as a means of payment, and said that this report came from the mainstream media "misleading." On Friday (03/08) they announced their plans, the operator of the New York (NYSE) Intercontinental Exchange (ICE) Trading Exchange to create "a new global platform and ecosystem for digital assets" along with some of the big names of US-based companies including Starbucks, BCG and Microsoft (NASDAQ: MSFT). ICE said it plans to introduce a one-day futures contract in November that will be different from what CME Group (NASDAQ: CME) and CBOE Global Markets currently offer. The contract owner will get Bitcoin, not cash and ICE says it has expired. However, analysts cast doubt on the release time of the product
Maria Adamjee said that it was wise for them to exchange for new and upcoming things, and knowing that these crypto matters would not become extinct, it made sense for them to do so. After the announcement, a number of major media channels said Starbucks might soon accept Bitcoin as one of the payment methods, which Starbucks quickly denied, Customers would not be able to pay Frappuccino with bitcoin, the company said in a statement. Instead, it also added that the company is part of a new effort to create a platform that "converts digital assets such as Bitcoin to US dollars, which can be used at Starbucks.
