Australia Stops Crypto ATMs: New Bitcoin Records!

Australia Stops Crypto ATMs: New Bitcoin Records!

On June 3, 2025, at 03:21:57, the Bitcoin price was recorded at $106,335.00, with a price change of +0.40%. Nevertheless, the price development over the last five days shows a negative change of -3.25%. However, compared to the beginning of the year, the Bitcoin price has experienced a positive development of +13.40%. The Japanese Yen also saw an increase, trading at ¥15,182,300.00, a change of +0.51% from the previous day, [Marketscreener] reports.

As the Bitcoin market continues to fluctuate, the Australian Transaction Reports and Analysis Center (AUSTRAC) is closely monitoring cryptocurrency activity. In a recent decision, AUSTRAC has refused to renew the registration of a crypto ATM operator in Australia, further heating up the regulatory environment for crypto assets in the region. This measure could have far-reaching implications for the crypto sector in the country, especially ATM operators.

Market developments and data sources

In this dynamic market, obtaining information is crucial. The platform CoinMarketCap, founded in May 2013 by Brandon Chez, serves as a key source for current cryptocurrency prices, charts and data. It has evolved with the growth of the blockchain and cryptocurrency market and offers both live and historical crypto charts, allowing users to select specific time periods.

CoinMarketCap's API is widely used to make millions of requests to track current and historical prices. The platform also lists data about successful traders and current trends in the crypto market. It tracks more than 2 million trading pairs, which shows its comprehensive coverage of the market.

Cryptocurrency types and trends

CoinMarketCap lists over 97% of all tokens based on the 70 largest crypto blockchains. This includes not only Bitcoin but also altcoins, which are all cryptocurrencies that emerged after Bitcoin. The platform also maintains information about stablecoins, which are pegged to existing currencies to minimize price volatility, as well as NFTs and in-game tokens, which are playing an increasingly central role in the digital economy.

Market capitalization is calculated as the sum of all cryptocurrencies listed on the platform, which is an important metric for investors. While the SEC approved 11 Bitcoin ETFs for the US market in January 2024, CoinMarketCap remains a one-stop shop for investors looking to track current market and price developments. However, it is important to note that CoinMarketCap does not provide financial or investment advice.