Over 400 Bitcoin ATMs Go Off The Grid In Less Than 60 Days – March 1

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$23,693

Bitcoin price has crawled up to the upped $23,000s, as price continues to trade within its recent range for another day.

Top-20 altcoins also continue to trade steady, as Ether rises 1%, BNB remains unchanged and Uniswap leads with a 4% gain.

Top Stories for March 1, 2022 🔥

👉 Over 400 Bitcoin ATMs Go Off The Grid In Less Than 60 Days

The global number of cryptocurrency ATMs has decreased by 412 machines in the first two months of 2023, marking a new low in their growth.

The decline has been attributed to geopolitical tensions, revenue losses, and a prolonged bear market, which has led service providers to try out cheaper alternatives. Bitcoin Depot, for instance, converted its 7,000 physical machines to BitAccess software to reduce operational costs.

Meanwhile, Mastercard partnered with Binance to launch a card for crypto payments in Latin America, offering up to 8% cashback in crypto on eligible purchases and zero fees on some ATM withdrawals.

👉 Robinhood Rolls Out Crypto Wallet To iOS Users

Robinhood has launched its Robinhood Wallet to all global iOS users, with no waitlist or invitation code required.

The wallet is a self-custodial, Web3 wallet that allows users to hold and swap assets and interact with a broad range of decentralized applications (dApps). Robinhood has also announced limited USDC rewards for users who transfer crypto funds from Robinhood Crypto or another wallet to their new Robinhood Wallet.

The company has also added support for Ethereum and more than 50 ERC tokens.

👉 Visa Refutes Reuters Report, Will Continue To Pursue Crypto Strategy

Visa is committed to its crypto strategy and is focused on growing its core competencies in web3 infrastructure layers and evaluating blockchain protocols driving crypto development, according to a spokesperson.

The statement came following a Reuters report claiming that Visa was delaying its plans to form new partnerships with crypto firms. Visa’s head of crypto, Cuy Sheffield, countered the report on Twitter, saying that the Reuters story was inaccurate, and Visa continues to partner with crypto companies to improve fiat on and off ramps and progress on its product roadmap.