Today, AMC Entertainment CEO Adam Aron announced that the chain will soon start accepting Bitcoin to purchase U.S. movie tickets and concessions. More so, the CEO shared that they are aiming to make this happen by the end of the year.
Of note, AMC Entertainment Holdings, Inc. is an American movie theater chain headquartered in Kansas and the largest movie theater chain in the world.
In addition, Aron also shared in a bizarre webcast that the company will also start acceptingApply Pay and Google Pay. This is considering the fact that many of their huge new retail investors are highly enthusiastic about Cryptocurrency.
The BTC market is sliding back into bear trending and positioned to attack last Monday’s reversal low. A close under 42811 projects a larger selling wave to 37300. A close over 46648 is needed to signal a reversing / bottoming turn.