North Dakota mulls bill to safeguard consumers from crypto ATM scams

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 23 2025

Should l Buy ATM?

North Dakota's Consumer Protection Bill: North Dakota lawmakers are considering House Bill 1447, which aims to introduce consumer protections for cryptocurrency ATMs by capping daily withdrawals, regulating transaction fees, and requiring fraud warning notices to combat rising scams.
Global Regulatory Trends: As crypto ATM-related fraud cases increase, regulators worldwide are tightening oversight, with initiatives like the Niagara Regional Police's warnings in Canada and Germany's crackdown on unlicensed operations, highlighting a growing concern over money laundering and unregulated activities.

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Technical Analysis for ATM

Technical Sentiment Analysis for Atletico De Madrid Fan Token (ATM) As of , Atletico De Madrid Fan Token (ATM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ATM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ATM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Atletico De Madrid Fan Token (ATM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.488	0.617	0.736	0.865	0.984	1.113	1.232
Fibonacci	0.617	0.712	0.771	0.865	0.96	1.019	1.113

About ATM

Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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