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Major Bitcoin Developments, New BTC Bullish Trend Cycle

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COINBASE:BTCUSD   Bitcoin
Major Developments in the Bitcoin Industry Resulting to a Bullish Trend Cycle.
The Bitcoin industry overall has seen more major developments during the past 15 months than ever before. Companies continue to enter the crypto space and Bitcoin continues to get adopted as a form of currency igniting a new bullish market trend cycle. With the recent series of events, Bitcoin is getting closer to reaching mainstream adoption, as well as regulation slowly being put into place making the environment safer for users in the Bitcoin network.

The state of Wyoming has passed a series of blockchain and cryptocurrency related bills into legislation to help push forward the regulation of cryptocurrencies, all of which went to effect on March 1st, 2019. New Hampshire also proposed a bitcoin related bill will allow taxpayers to use bitcoin as a method of payment for filing taxes. The state of Indiana is also following the same path. Links to all Bitcoin related bills included in the news article below.

Wyoming Passed A Bill That Classifies Cryptocurrencies As Money, New Hampshire & Indiana Following A Similar Path: cryptodaily.co.uk/20...owing-a-similar-path

Sony and Samsung is also entering the cryptocurrency industry while contributing innovative new technology in the space. The Blockchain KeyStore app, developed by Samsung lets users to create a new cryptocurrency wallet or import an existing wallet. The app has some cool unique features including a bio-metric security system via fingerprint scan authentication. In similar vein, another tech giant Sony Corporation (NYSE: SNE) is embracing Bitcoin and developing new technology in the space. One of Sony Corporation's subsidiaries, Sony CSL has previously announced that they developed a physical cryptocurrency hardware wallet using IC card technology, link to the press release included in the news article below.

Major Tech Gaints Samsung and Sony Developed Crypto Wallets With Unique Features: cryptodaily.co.uk/20...oin-wallet-solutions

Licensed car dealerships are also beginning to accept bitcoin as a form of payment. It started out with a few, then other car dealerships began following the trend and now it’s spreading like wildfire.
Bitcoin Adoption In The Automotive Industry: cryptodaily.co.uk/20...y-a-car-with-bitcoin

Research provided by: BitplazaInc - Shopping With Bitcoin

#Bitcoin #BTC #Cryptocurrency #Blockchain $BTC

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