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PotCoin POT

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All the news for: PotCoin

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Bitcoin Depot stock crashes 71% premarket after Chapter 11 filing
Bitcoin Depot files for Chapter 11 in Texas, plans asset sale and wind-down as regulatory pressure forces shutdown of its Bitcoin ATM network. Read full article
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Bitcoin Depot (BTM) Stock Falls 80% As Company Files for Chapter 11 Bankruptcy
Bitcoin Magazine

Bitcoin Depot (BTM) Stock Falls 80% As Company Files for Chapter 11 Bankruptcy

Bitcoin Depot (NASDAQ: BTM), once the largest Bitcoin ATM operator in North America, filed for voluntary Chapter 11 bankruptcy protection on Monday in the U.S.… Read full article
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Bitcoin Depot Shuts ATM Network as Chapter 11 Pushes Asset Sale
Bitcoin Depot entered Chapter 11 to wind down operations, sell assets, and shut its bitcoin ATM network as state rules tighten. The company cited new compliance burdens, transaction limits, and restrictions affecting BTM operators. Bitcoin Depot Begins Chapter 11 Process… Read full article
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Bitcoin Depot Files Chapter 11 as Regulatory Pressure Mounts
Bitcoin Depot filed for Chapter 11 bankruptcy, a major blow for a top crypto ATM operator.
The company is shutting down amid mounting regulatory pressure and compliance problems.
Revenue and transaction volume fell sharply as stricter rules reduced customer usage.… Read full article
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What happened in crypto today: Bitcoin Depot enters Chapter 11, Capital B adds 192 BTC & more
Capital B adds more Bitcoin as Bitcoin Depot has announced plans to shut down, and Bitcoin retail activity has also hit a record low. Read full article
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Momentum vs. Reality: Using RSI and MACD to Spot Structural Decay
Decode market velocity. Use the Relative Strength Index (RSI) and MACD to identify overbought extremes and high-probability “Hidden…Continue reading on Medium » Read full article
10h ago
POT
Medium.com
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BREAKING – Bitcoin Depot, Operator Of 9,000+ ATMs, Files For Bankruptcy Protection
Bitcoin Depot Inc, once the largest operator of Bitcoin ATMs in the world, watched its stock lose more than 40% in the week before Monday’s bankruptcy announcement, dragging the year-to-date loss to 67%.
When the filing became public, the company’s… Read full article
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Bitcoin Depot Files for Bankruptcy as Regulatory Pressure and Revenue Collapse Force Shutdown of 9,000 ATMs
Bitcoin Depot North America’s biggest Bitcoin ATM firm has reached an important point in its journey by submitting for Chapter 11 bankruptcy.
This news represents a sharp decline for a firm that was once at the forefront of retail crypto… Read full article
12h ago
Nulltx.com
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Crypto ATM operator Bitcoin Depot files for bankruptcy months after leadership overhaul
Michael Saylor says Strategy may sell Bitcoin if needed, as dividends, a $1.5B note buyback and liquidity questions test its treasury model. Read full article
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Grayscale, VanEck amend US spot BNB ETF filings, stepping closer to a potential launch
The US securities regulator approved 21Shares’ Hyperliquid ETF last week, adding to a growing number of cryptocurrencies converted into ETF wrappers in the US. Read full article
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Bitcoin Correction: Analyzing the 200-Day Moving Average Break and Spot ETF Outflows
Bitcoin faces growing concerns over a structural market correction following a break below its 200-day moving average, the collapse of the…Continue reading on Medium » Read full article
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The 3-Step Strategy to Spot Crypto Fakeouts (Before They Destroy Your Account)
There is a specific pattern that ruins retail crypto traders more than almost anything else: The Bull Trap.Continue reading on Medium » Read full article
2d ago
Medium.com
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Grayscale and Vaneck Both Update Spot BNB ETF Filings as US SEC Review Heats Up
Grayscale has submitted a second amended S-1 for its proposed spot BNB exchange-traded fund, a development Bloomberg ETF analyst James Seyffart says indicates active SEC engagement. Vaneck filed its own competing update on the same day. The Race for a… Read full article
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Crypto ATM Giant Bitcoin Depot Warns Of Possible Collapse
Bitcoin Depot had roughly 220 machines running in Canada when the Canadian government released its Spring Economic Update in April, proposing a nationwide ban on crypto ATMs to combat scammers and money launderers. The timing could not have been worse… Read full article
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VanEck, Grayscale update their Spot BNB ETF filing: ‘Potential launch likely’
Whales were aggressively positioning for the ETF debut, with some rotating out of ETH positions. Read full article
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Spot Bitcoin ETFs Lose $290 Million As All Twelve Funds See No Inflows
Spot Bitcoin ETFs saw $290.42M in outflows on May 15, with all 12 funds posting no inflows, per SoSoValue data.
Spot Bitcoin ETFs saw a broad pullback on May 15, as all twelve U.S. funds reported no net inflows.
According… Read full article
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Spot Bitcoin ETFs bleed $1B in a week, snapping six-week inflow run
Spot Bitcoin ETFs shed $1 billion in a single week as capital rotated toward AI stocks and macro uncertainty weighed on sentiment, ending a six-week run that had pulled in $3.4 billion. Read full article
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Ethereum Flashes Rare Divergence Between Spot And Derivatives Market. Who Has The Edge?
Ethereum is consolidating between $2,200 and $2,400 as the market searches for the catalyst or the structural confirmation that forces a decisive break in either direction. The price is holding but not advancing — and a CryptoOnchain analysis tracking Binance’s… Read full article
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