fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Wednesday, October 4, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
Online Crypto College
No Result
View All Result

Bitcoin ATM Installations Plunge in May, CoinRadar Data Shows

June 5, 2022
in Blockchain
Reading Time: 3 mins read
A A
Bitcoin ATM Installations Plunge in May, CoinRadar Data Shows
ShareShareShareShareShare

The ongoing ‘crypto winter’ is now reflected in the number of Bitcoin Automated Teller Machine (ATM) installations across the globe.

Related articles

Coinbase CLO Responds to SEC’s Opposition

Coinbase CLO Responds to SEC’s Opposition

October 4, 2023
Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023

While there has been a growing decline in these ATM installations in the year-to-date period, CoinATM Radar data shows that May saw the biggest plunge for the year with 202 Bitcoin ATM installations, the lowest figure since 2019.

The total Bitcoin ATM installations in May account for an 89.75% decline from 1971 recorded in December 2021. Bitcoin ATMs come off as one of the most visible yardsticks for measuring the growth of the digital currency ecosystem, and the overall embrace by regions across the board. 

The highest-ever installation on a monthly basis was recorded back in August 2021 per CoinATM Radar’s data. The total installations at the time came in at 2037, and it preceded the months in which Bitcoin recorded its All-Time High (ATH) price record above $68,000. 

Bitcoin ATM Installations Per Region

The CoinATM Radar data showed Bitcoin ATMs topped the charts in the United States which accounts for a total of 33,245, approximately 87.9% of all ATMs in the world. North America as a region accounts for a total of 35,961 ATMs or 95.1% of all ATMs in the world.

Europe came out second as the next region with more Bitcoin ATMs installed coming in at 3.8% for a total of 1,419 machines respectively. Asia, North America, Oceania, and Africa all account for less than 1% of the remaining total supply, a metric that we can use to judge that crypto usability is still at a low ebb in these regions.

The embrace of regulators in general remains amongst the primary impediments to Bitcoin ATM installations. In Nigeria for instance where the Central Bank prohibited banking transactions for crypto service providers, the emergence of Bitcoin ATMs has been at a very low ebb when compared with other nations with commensurate crypto interest among the populace.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 – FTC

Next Post

Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox – Regulation Bitcoin News

Related Posts

Coinbase CLO Responds to SEC’s Opposition

Coinbase CLO Responds to SEC’s Opposition

October 4, 2023

Paul Grewal, the Chief Legal Officer of Coinbase, took to Twitter on October 4, 2023, to address the U.S. Securities...

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023

Sygnum Singapore's announcement on 3rd October 2023 concerning its acquisition of a Major Payment Institution Licence (MPIL) from the Monetary...

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

October 3, 2023

Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent...

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

October 3, 2023

On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance...

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

October 3, 2023

On October 2, 2023, NYSE Arca and Grayscale Investments took a significant step in the regulated crypto investment landscape by...

Load More
Next Post
Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox – Regulation Bitcoin News

Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox – Regulation Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Is It Possible to Become a Millionaire with Less Than $10?

Is It Possible to Become a Millionaire with Less Than $10?

September 29, 2023
Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

September 27, 2023
Investor interest in altcoins surges as Bitcoin hits two-month high

Investor interest in altcoins surges as Bitcoin hits two-month high

October 3, 2023
Understanding the U.S. central banking system’s approach to all things crypto

Understanding the U.S. central banking system’s approach to all things crypto

September 28, 2023
Fintech, digital assets, payments and consumer credit | UK … – Lexology

Fintech, digital assets, payments and consumer credit | UK … – Lexology

September 27, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • Kevin O'Leary Foresees The End Of 'Crypto Cowboys' As Industry Shifts Towards Regulation: 'They All Have – Benzinga
  • Digitalbits Blockchain evolves into XDB CHAIN: A Game-Changing Rebranding Initiative.
  • Will XRP Price Defy A 50% Stock Market Crash? Analysts Weigh-In
  • Ethereum futures ETFs on CME begin with light trading volumes
  • FTX-SBF charges valid despite lack of US crypto laws, DOJ says – Cointelegraph
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$27,579.000.43%
  • ethereumEthereum(ETH)$1,647.80-0.33%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$212.56-0.42%
  • rippleXRP(XRP)$0.534.95%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • staked-etherLido Staked Ether(STETH)$1,646.31-0.28%
  • solanaSolana(SOL)$23.53-2.00%
  • cardanoCardano(ADA)$0.256411-1.81%
  • dogecoinDogecoin(DOGE)$0.061117-0.97%
  • tronTRON(TRX)$0.0887221.18%
  • ToncoinToncoin(TON)$1.99-2.41%
  • Wrapped stETHWrapped stETH(WSTETH)$1,864.220.34%
  • matic-networkPolygon(MATIC)$0.594.58%
  • polkadotPolkadot(DOT)$4.04-2.17%
  • litecoinLitecoin(LTC)$64.40-1.74%
  • bitcoin-cashBitcoin Cash(BCH)$231.38-3.42%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,537.000.18%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.61%
  • chainlinkChainlink(LINK)$7.590.91%
  • daiDai(DAI)$1.000.13%
  • leo-tokenLEO Token(LEO)$3.752.02%
  • avalanche-2Avalanche(AVAX)$9.764.36%
  • true-usdTrueUSD(TUSD)$1.000.11%
  • uniswapUniswap(UNI)$4.33-2.41%
  • stellarStellar(XLM)$0.1125751.44%
  • moneroMonero(XMR)$149.162.79%
  • okbOKB(OKB)$43.10-0.14%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • binance-usdBUSD(BUSD)$1.000.17%
  • ethereum-classicEthereum Classic(ETC)$15.59-3.59%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • cosmosCosmos Hub(ATOM)$7.01-2.34%
  • hedera-hashgraphHedera(HBAR)$0.048507-2.55%
  • filecoinFilecoin(FIL)$3.30-0.22%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • lido-daoLido DAO(LDO)$1.613.42%
  • internet-computerInternet Computer(ICP)$3.193.41%
  • crypto-com-chainCronos(CRO)$0.050199-0.30%
  • MantleMantle(MNT)$0.407954-0.76%
  • makerMaker(MKR)$1,428.87-0.82%
  • quant-networkQuant(QNT)$88.08-0.16%
  • AptosAptos(APT)$5.28-1.47%
  • vechainVeChain(VET)$0.016678-2.08%
  • optimismOptimism(OP)$1.31-2.80%
  • ArbitrumArbitrum(ARB)$0.88-3.40%
  • nearNEAR Protocol(NEAR)$1.09-1.40%
  • KaspaKaspa(KAS)$0.050315-0.68%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%