Albuquerque: Bans Bitcoin ATMs, Gives 45 Days
Albuquerque Bans Bitcoin ATMs: Operators must remove kiosks in 45 days over money laundering risks. BTC trades at $76959.65 with bearish EMA50 resistance at $78429.54.
SourceAnalysis
Albuquerque has banned Bitcoin ATMs, ordering operators to remove all cryptocurrency kiosks within 45 days amid longstanding concerns over money laundering tied to such machines.
City officials cited repeated cases of illicit activity at these terminals, aligning with similar regulatory moves across U.S. municipalities in the past year. BTC price action shows the asset at $76959.65 inside the Bollinger band, with the EMA50 at $78429.54 capping upside while the EMA200 at $74117.55 offers distant floor support; MACD death cross at -587.6 and RSI at 35.18 keep momentum neutral yet tilted lower, suggesting any bounce toward upper band resistance at $79663.58 faces swift rejection before retesting lower band support near $76481.3.
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