Local Bitcoin ATM Business in Miami, Florida Says They Are Booming Amid Bear Market

2019-2-8 03:38

Although the cryptocurrency market is in a bear trend, there are companies that continue to expand and grow in the market. This is the case of a local Bitcoin (BTC) business located in Miami and hat makes Bitcoin ATMs.

At the moment, it is possible to purchase Bitcoin and other virtual currencies in a wide range of Bitcoin ATMs located all over the world. According to Coin ATM Radar, there are around 75 countries with at least one Bitcoin ATM installed in their territory.

In a conversation with CBS4, Alvaro Silva says that he uses the ATM in order to send money regularly to Venezuela. The South American country is currently experiencing a very complicated economic and political situation of hyperinflation and instability.

Andrew Carey, the co-founder of the local company Bitstop, installed an ATM back in 2015 in Wynwood.

“Next thing you know, you have people driving down from Orlando. Driving down from Tampa to use the bitcoin ATM in Wynwood. […] Now we don’t think twice about giving our credit card to the internet. The same thing is going to happen with bitcoin. One day it will be very familiar to see a Bitcoin ATM in an airport. Or see a Bitcoin ATM in a money exchange or a hotel.”

At the moment there are several Bitcoin ATM machines that operate all over the world and that do not take users’ ID to operate. They can give Bitcoin or cash without asking anything about the buyer or seller. In the future, regulatory agencies are going to pay closer attention to this issue and start to regulate the market.

According to Coin ATM Radar, there are 2603 Bitcoin ATMs located in the United States alone, more than 50% of the total number of operative ATMs in the world. Canada and Austria are the following countries with the largest number of ATMs with 702 and 271 ATMs each respectively.

There are several ATM companies that are starting to expand their services to other countries and regions around the world.

Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and EOS Price Analysis Watch (Feb 7th)

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 68518.94 (-0.24%)
Объем 24H $28.907b
Изменеия 24h: 0.99 %, 7d: -1.86 %
Cегодня L: $68289.6 - H: $68812.85
Капитализация $1350.165b Rank 1
Цена в час новости $ 3400.33 (1915.07%)

bitcoin market local miami business bear btc

Источник: bitcoinexchangeguide.com

bitcoin market → Результатов: 126


Фото:

Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets. This dynamic was evident in the recent market cycle, as Bitcoin hit an all-time high on March 13, coinciding with the biggest ETF inflow since launch on March 12, over $1 billion, and the […] The post Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release appeared first on CryptoSlate.

2024-5-15 17:25


Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, maintaining average withdrawal prices around […] The post Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level appeared first on CryptoSlate.

2024-4-30 11:32


Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion. This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs.

2024-2-21 23:01


Crypto Carnage Continues as Bitcoin Plunges Under $40,000, But These Indicators Look Promising

Bitcoin briefly traded below $40,000 on Monday for the first time since early December, extending a selloff that has shaved 35% off the cryptocurrency’s value so far this year. According to market intelligence firm Santiment, discussion around Bitcoin and Ethereum has dropped 35% and 21% respectively compared to last week’s ETF approval frenzy.

2024-1-23 01:15


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Fear and Greed Index hits 74: What it means for Bitcoin

The crypto fear and greed index recently hit 74, indicating extreme market greed. Bitcoin miner revenue soared over the past month. The rally that Bitcoin [BTC] saw over the last few weeks, The post Crypto Fear and Greed Index hits 74: What it means for Bitcoin appeared first on AMBCrypto.

Altcoins to triple in value? Analysts predict a breakout!

Altcoin market cap exceeds $1.1 trillion, signaling potential for an ‘altseason.’ Analysts predict a significant surge if resistance levels are broken. The altcoin market, a segment ofteThe post Altcoins to triple in value? Analysts predict a breakout! appeared first on AMBCrypto.

Will Ethereum surge to $4.5K before ETH ETFs go live?

Ethereum's price nears $4,000, influenced by optimism around newly approved ETFs. Market analysts suggest the potential for Ethereum to reach as high as $10,000 in the current cycle. In the The post Will Ethereum surge to $4.