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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Bitcoin ATMs: The Canary In The Coal Mine

BTC

BTC/USDT

$64,328.00
-2.25%
24h Volume

$20,205,549,718.27

24h H/L

$66,445.93 / $63,998.35

Change: $2,447.58 (3.82%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,226.01

-2.21%

Volume (24h): -

Resistance Levels
Resistance 3$70,973.81
Resistance 2$67,186.66
Resistance 1$65,656.79
Price$64,226.01
Support 1$62,827.21
Support 2$61,056.47
Support 3$59,130.91
Pivot (PP):$64,965.61
Trend:Downtrend
RSI (14):38.0
BM
Bitcoin Magazine Editorial
(06:15 PM UTC)
1 min read
JM
Updated byJames Mitchell
1476 views
0 comments

State regulators have been quietly banning Bitcoin ATMs. An entire subsection of the Bitcoin ecosystem is being deemed illegal and shut down. And since there’s not much of a cross-section between people who are chronically online and cash bitcoin buyers, it’s not getting a lot of attention. But the Bitcoin ATM ecosystem represents $3.63 billion, with a B, dollars going into bitcoin every year…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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