Besides Tron which is up 13 percent in the last week, most altcoins are in consolidation and in loss making territory. Most notably are deep losses in Stellar Lumens which despite announcement from BitGo continue to register reds. Following suit is Monero which is bearish in line with our previous Monero price analysis. Overly, we remain cautiously optimistic and the only trigger will be sharp moves above key resistance trend line that shall invite risk-averse and conservative type of traders. Let’s have a look at these charts: EOS Price Analysis…
Day: October 8, 2018
Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers
According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage of the current Argentinian economic crisis and to expand their market share. Financial Crisis Provides Growth Opportunity Last month in September 2018, Athena Bitcoin launched the first Bitcoin ATM in Argentina in a Buenos Aires shopping center. Athena Bitcoin is…