Bitcoin ATMs Are Springing Back To Life In Japan After 4-Year Hibernation

BTC price action in 2022 is being accompanied by seriously old coins leaving hibernation after 10 years or more. Bitcoin (BTC) is seeing some of its oldest coins come back to life after a decade lying dormant.The latest on-chain data reveals that two-year BTC price lows have reawakened the most ancient part of the supply."Very old" Bitcoin come back to lifeAs BTC/USD returns to levels not seen since Q4 2020, questions are arising over how long-term holders will respond.The on-chain picture is mixed — the dormant supply is aging, but certain old hands are showing signs of wanting to sell at....

Local exchange Gaia Co. is set to roll out crypto ATMs in Tokyo and Osaka and has outlined plans for 130 of them over the next three years. Crypto ATMs — or BTMs according to local terminology — are back in Japan after a lengthy four-year hiatus.Local crypto exchange firm Gaia Co., Ltd announced on Tuesday that it will soon roll out BTMs that support Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). Despite Bitcoin ATMs having made their debut in Tokyo as early as 2014, the country has not seen any active digital asset ATMs since the crypto winter of 2018, which saw local....

With crypto adoption advancing rapidly over the last year, the installation of new crypto ATMs worldwide has also followed this accelerated rate. The number of countries where crypto ATMs are available remains on the rise too. Over the course of 2021, a large number of ATMs were installed as more countries accepted them. This time around, the number of crypto ATMs in the world has hit a new high, indicating that adoption remains high. 39,000 Crypto ATMs Worldwide The rapid growth of crypto worldwide is embodied in the number of ATMs around the globe. This month, the space celebrated a new....

A Robocoin bitcoin ATM has reached the shores of Japan. The device has reportedly been delivered to 49-year-old Motonori Kan in Suzuka, a city some 200 miles west of Japan's capital, Tokyo. Kan, in preparation for the delivery, obtained a used-goods dealer license and imported the device as a "vending machine", despite the fact it's so much more. Despite the delivery, it's not exactly available for public use at a certain location yet. Mr. Kan's ultimate plans are to make his company (a trading company he runs with his brother) the importer of Robocoin ATMs in Japan. The locations of the....

Bitcoin ATMs are sprouting all over the place. Just yesterday, it was announced that Australia's third bitcoin ATM had launched at a brand-new shopping center in Melbourne. Today, the next location receiving an ATM is Tokyo, Japan, according to Tech In Asia. Located in the city's Roppongi entertainment district, the Robocoin-manufactured machine is located at The Pink Cow, a bar/restaurant popular with Tokyo's expat community. The location of the machine comes as no surprise, either. The Pink Cow is said to have become Japan's first restaurant to accept bitcoin payments - starting in late....