The Bitcoin ATM industry is one of the fastest growing industries in the world, with six new crypto-ATMs being installed every day, and it’s showing no signs of slowing down either, with expert projections forecasting an annual compound growth rate of 46.61 percent by 2024. This growth is largely fueled by the rapid adoption of blockchain-based currencies – with the number of people in the United States who own bitcoin – or similar blockchain-based currencies – doubling since 2019.
One of the industry leaders driving this rapid adoption is Brandon Mintz, CEO of Bitcoin Depot, a leading crypto-ATM network. Based in Atlanta, Georgia, Bitcoin Depot has [...]
After years of waiting, and despite a relatively high and impressive volume of Bitcoin trading, Venezuela has finally got its very first Bitcoin ATM.
According to the CoinATMRadar, the Latin American firm PandaBTM has installed a crypto ATM in San Antonio del Táchira. The machine is located inside a small convenience store, called Viajes e Inversiones HC (Travel and Investments HC), by the side of the main road towards Colombia.
The ATM supports Bitcoin (BTC), Bitcoin Cash (BCH), and DASH, as well as sovereign bolivars (the official currency of Venezuela) and Colombian pesos. (Both fiat currencies are used interchangeably among residents of the [...]
The Bitcoin price might have already bottomed out without you noticing
Cryptocurrency trader Luke Martin (aka “VentureCoinist”) suggests that $10,300 should be an easy target for Bitcoin.
At the time of writing, BTC is changing hands at $9,920 with its dominance surpassing 69.5 percent, according to CoinMarketCap data. The top cryptocurrency by market capitalization has been slowly building up its momentum throughout the day.
As reported by U.Today, trading legend Peter Brandt recently claimed that Bitcoin might have entered its fourth parabolic phase ahead of its halving event that is expected to take place in May 2020.
Trading legend John Bollinger claims cryptocurrency traders should be prepared for a U-turn
According to market technician John Bollinger, who is famous for inventing the Bollinger Bands indicator, cryptocurrency traders should be prepared for an important juncture of Bitcoin and top altcoins. In the meantime, the number one coin once again ends up at a crossroads.
While Bollinger’s tweet sounds rather cryptic, it is safe to assume that the days of sideways trading are soon inching closer towards an end, and traders should be prepared for a storm. He adds that there is a need for additional confirmation. As reported by U.Today, Bollinger suggested that the [...]