CoinATMRadar Financial News
08.11 / 10:35
Adoption
Lightning Network
ATM
CoinATMRadar
El Salvador Bitcoin ATM network to receive Lightning Network upgrade
Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to integrate the Lightning Network into 100 of these machines in the next couple of months.
15.08 / 09:37
ATM
CoinATMRadar
Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
United States based Bitcoin (BTC) ATM operator Bitcoin Depot said it posted best ever revenue numbers in the second quarter of 2023 as the company looks to expand its footprint after recently being listed on the NASDAQ.
03.06 / 04:23
business
Adoption
CoinATMRadar
Net Bitcoin ATMs record an increase after 4 months of global downtrend
Breaking the year-long trend of declining Bitcoin (BTC) and crypto ATMs across the globe, May recorded a steep increase in net installations with nearly 1,400 machines.
19.04 / 09:33
Adoption
Asia
ATM
CoinATMRadar
Bitcoin
Australia installs more Bitcoin ATMs than whole of Asia
Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of crypto ATMs installed.
01.04 / 11:05
Adoption
data
ATM
CoinATMRadar
Bitcoin
More than 3600 Bitcoin ATMs went offline to record largest monthly decline
Contradicting the growing global Bitcoin (BTC) adoption rate, physical ATMs dedicated to fiat-crypto conversions are on the decline. In March alone, 3,627 crypto ATMs were removed from the network, bringing down the total ATMs to 33,727.
01.03 / 13:29
business
Adoption
Analysis
Report
data
ATM
CoinATMRadar
Bitcoin ATM decline: Over 400 machines went off the grid under 60 days
Crypto ATMs — one of the key infrastructure pillars for the mass adoption of cryptocurrencies — have seen a drastic reduction this year. In the first two months of 2023, the net cryptocurrency ATMs installed globally reduced by 412 machines.
28.02 / 11:15
Altcoin
Software
ATM
CoinATMRadar
Bitcoin
Costs
Bitcoin Depot converts BTC ATMs to software to reduce operating costs
Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have been taken out of operation due to geopolitical tensions and revenue decline, some providers like Bitcoin Depot have started converting their physical Bitcoin (BTC) ATMs to software.
25.01 / 13:17
Adoption
ATM
CoinATMRadar
Australia ranks 3rd in crypto ATM installations after US and Canada
Despite the bear market and the record-low dynamics of new Bitcoin ATM installations around the world, Australia breaks into the top three nations globally by the number of crypto ATMs. It was only in the first days of January when the Aussies got to the fourth spot — since that time they installed 16 more machines.
11.03 / 14:35
business
ATM
CoinATMRadar
Bitcoin
FCA issues termination order for Bitcoin ATMs
Financial Conduct Authority (FCA), United Kingdom’s central financial regulator, has issued a damning verdict on the presence of Bitcoin (BTC) ATMs within the island country.
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