Bitcoin News

Bitcoin ATMs Breach 10,100 Mark Across Globe

Bitcoin is growing leaps and bounds across the world. At the moment, in massive growth, Bitcoin ATMs surpassed over 10,100 marks across the globe in a period over seven years after the first machine was installed.

Bitcoin surpassed the $19 mark in the last 24 hours and has created a trend on Twitter. The trend on Twitter was a temporary phenomenon based on the regions, and it took place after the king crypto hit an all-time high.

Bitcoin is taking leaps and bounds in the world scenario. It has been easily adopted worldwide, with countries like South Korea, China, and the United States among the front runners.

In South Korea, the crypto law is set to be placed in due course. The beaches in Busan also support cryptocurrency while China is at the threshold of cryptocurrency mining. A superpower like the United States also continues to take a keen interest in cryptocurrency and is building its future vision against it.

In the recent past, it is not just the superpowers but also countries like Venezuela, India, Pakistan, and Bangladesh, taking a keen interest in cryptocurrency and Blockchain technology.

Now, in a significant move, Bitcoin has entered the market in Ethiopia. There have been other countries in Africa, which are poor but have shown keen interest in Bitcoin. Ethiopia is one of those countries showing interest in the king crypto and boasts of never being occupied.

In terms of the new digital gold, Ethiopia never touched the new digital gold last year. Even though it is just a start for Ethiopia, this shows that the king crypto has arrived in a country that is stricken by the inflation rate.

Countries like South Africa or Nigeria, incidentally, don’t look as ambitious in Bitcoin, but Ethiopia is in a race to make the most of it.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.