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International Communications Group Now Accepting Bitcoin

One of the world’s largest media and communications groups have recently announced a huge move that could see subsidiaries of the company start to allow their customers to pay for their bills using cryptocurrencies such as Bitcoin. AT&T, are an American multinational group based in Texas: “AT&T is the world's largest telecommunications company, the second largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it is also the parent company of mass media conglomerate WarnerMedia, making it the world's largest media and entertainment company...

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European Governments To Adopt Cryptocurrencies

Across the globe, many governments are now starting to consider the idea of adopting cryptocurrencies. By doing this, they will be accepting cryptos like Bitcoin and Ethereum as real world currencies with a real use value. Yes, this will eventually mean there will come a need for regulation and (probably) strict regulation, however we must remember that this is a good thing. The wider global adoption of cryptocurrency can only start when the governments start to accept it. According to recent reports, the European Parliament (made up of a number of European member states) have now confirmed that they do...

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What Is Bitcoins Biggest Problem? Part 2

A little earlier we started to explore some of the issues behind Bitcoin, issues that have thus far prevented Bitcoin from really seeing and glimpse of mainstream adoption. Our discussion started by focusing on some of the legal issues surrounding Bitcoin, now we want to turn to other issues, more technological ones that have prevented the development of the worlds first, and of course biggest cryptocurrency. As we highlighted earlier: “Bitcoin in all its glory isn’t without problems. Yes as a cryptocurrency its very rounded, but as you know the cryptocurrency markets have only been able to expand at the...

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What Is Bitcoins Biggest Problem? Part 1

Bitcoin in all its glory isn’t without problems. Yes as a cryptocurrency its very rounded, but as you know the cryptocurrency markets have only been able to expand at the rate they have as a result of many of Bitcoins failures. Of course, we still believe that Bitcoin is far superior to any traditional payment systems or FIAT currencies, but we can’t ignore the fact that Bitcoin does have a few demons that is holding it back. We want to explore a couple of these demons over a number of articles in order to help determine what Bitcoin must do...

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Sally Ho's Technical Analysis 30 May 2019

Bitcoin Bitcoin (BTC/USD) was weaker early in today’s Asian session following a stronger showing during yesterday’s North American session that saw the pair back around the 8760.43 area, just above the 61.8% retracement of the move from 8947.88 to 8426.09. During yesterday’s European session, BTC/USD came off and traded as low as the 8426.09 area after Stops were elected below the 8488.00 area, an important level that was a historical relative high. Traders are looking to see if the pair can hold the 8598.42 area, representing the 23.6% retracement of the move from 7467.10 to 8947.88. The market has still...

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