Tag Archives: Bitcoin ATMs

Neil Patrick Harris is the latest celebrity to express love and enthusiasm for bitcoin. So much so that he is now serving as the new spokesperson for Coin Flip, a leading crypto ATM firm. Neil Patrick Harris Is a Big Crypto Fan Harris is well known for playing lead roles in television programs such as “How I Met Your Mother” and “Doogie Howser, M.D.” However, what many do not know about the young star is that he is an avid crypto trader and investor. He entered the...

Coinme – a bitcoin kiosk company operating in the United States – has just installed approximately 300 separate bitcoin cash machines throughout the region of Florida, thereby allowing people to trade bitcoin for cash and vice versa and potentially boost further purchases with cryptocurrency. Coinme Is Building a Crypto Kiosk Community The company is hoping to start out small. Most of the kiosks have been stationed in grocery outlets and similar establishments. This,...

The bitcoin ATM industry is really starting to heat up. With the price of the asset now trading for well over $50,000, many companies such as Coin Flip and Coin Cloud say that their services and machines are becoming much more marketable, and thus are installing machines where traffic is heavy, and the competition is still low. The Bitcoin ATM Arena Is Growing Like Mad What’s funny is that there hasn’t necessarily been a boost in demand for bitcoin ATMs and similar...

Elon Musk – the CEO of both Tesla and SpaceX – is denying that he houses a bitcoin ATM near his Gigafactory in Nevada.Could Elon Musk Just Be in Denial?Things started out last Sunday when Will Reeves – the CEO of crypto payments firm Fold – announced on Twitter that a Liberty X bitcoin ATM had been spotted near Tesla’s Nevada-based operations. The tweet also contained a Google Maps image. Liberty X is a manufacturer and distributor of bitcoin and crypto-based ATMs.However, Musk was quick to...

It looks like bitcoin ATMs are likely to be the next target of U.S. regulators.Bitcoin ATMs Are Being Used for the Wrong ReasonsBitcoin ATMs have grown in both size and scope over the past few years. There are approximately 8,000 machines all over the world, and as the love of crypto has gotten bigger, so has the presence of bitcoin ATMs. These machines are now seen as a convenient way to transfer funds and purchase bitcoin with cash or with other forms of crypto in a simple, quick, and...

Isaiah Jackson is the author of a book called “Bitcoin and Black America.”Jackson: The Black Community Needs New Financial PoliciesIn a recent interview, Jackson discussed what bitcoin and cryptocurrencies could potentially do to push the African American community forward. He’s adamant that the methods of America’s current financial system do not always pertain to African Americans, and he thinks the community needs its own policies and coins to do business and survive.He comments:We have...

Seattle crypto startup Coinme has garnered more than $5 million in funding through a new round led by Pantera Capital, a bitcoin investment firm. The company’s co-chief investment officer Joey Krug is now set to join the startup’s board of directors.Coinme Is Growing Like Never BeforeIn total, Coinme managed to get its fingers on an additional $5.5 million, which it says it will use to increase its cryptocurrency ATM and kiosk network across the United States. The company has been on fire...

Bitcoin ATMs have come a long way in society. Many have expanded across the United States and abroad, giving more people the opportunity to potentially use crypto for the purchase of goods and services. While many people in the U.S. are stuck inside their homes and unable to move about much due to social distancing regulations, many ATM companies are reporting increases in transactions through their bitcoin machines.Bitcoin ATMs Are Growing Like CrazyThe consensus is that many people are...

It looks like bitcoin ATMs are becoming far more popular. Companies like Coinsource, which provides bitcoin ATMs to regions throughout the U.S., claims it earned more than $50 million in 2019, more than double what it garnered during the previous year, and things are only looking up.Coinsource Is Giving the Crypto ATM Arena the Boost It NeedsOne of the reasons Coinsource is experiencing such growth is likely due to its latest tactic of going to standard fiat ATM providers and helping them to...

Rock It Coin, a bitcoin kiosk company, has joined hands with the Blockchain Institute to install its 200th machine in the middle of Chicago.Rock It Coin Is Creating a World of Mainstream Blockchain AppsMichael Dalesandro, CEO and fonder of Rock It Coin, comments:This installation marks yet another milestone in our company’s growth. After installing machines across the country, it means a lot to install our 200th one in Chicago where we started the company… We see this [blockchain] technology...