Crypto ATM Count Increases by More Than 4,000 in 2022 Amid Ongoing Digital Asset Bear Market
Sponsored
Sponsored
New data reveals that the number of crypto ATMs grew in 2022 despite a tumultuous year for the digital assets industry. According to Coin ATM Radar, an ATM-tracking app, the number of Bitcoin (BTC) ATMs has increased by a staggering 506% since January 2020, when there were 6,362 BTC ATMs. The data shows there are currently 38,601 Bitcoin ATMs, an increase of about 6,000 machines compared to December of last year. A recent report by market intelligence firm Grand View Research finds that the crypto ATM market could be worth over $5 billion by 2030. The analytics firm says the
Bitcoin Magazine Morgan Stanley Plans To Offer Bitcoin And Crypto Trading To E-Trade Clients Bloomberg reports that the Wall Street giant is in the early stages of planning to add spot Bitcoin and crypto trading capabilities to its ETrade brokerage platform. The project aims to allow ETrade’s retail clients to…
Bitcoin Magazine Russia Is Using Bitcoin and Crypto For Its Oil Trades with China and India Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report,…