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March 6 2026

Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin Investments

Bitcoin Magazine Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin Investments The National Bank of Kazakhstan plans to allocate up to $350 million from the country’s gold and foreign exchange reserves toward investments tied to digital assets, marking one of the most significant steps by a central bank to gain exposure to the crypto sector. Governor Timur Suleimenov said the initiative will focus on companies and financial instruments connected to cryptocurrency markets rather than direct purchases of assets like Bitcoin. The investments are expected to include shares of technology firms involved in digital asset infrastructure as well as index funds whose performance tracks crypto-related markets. The allocation represents a small portion of Kazakhstan’s overall reserves. As of February, the country held roughly $69.4 billion in gold and foreign exchange reserves, according to data from the central bank. Deputy chair Aliya Moldabekova said the investment program is scheduled to begin in April and May as the bank finalizes a list of eligible companies and financial instruments. “We are not talking about any large investment in cryptocurrencies,” Moldabekova said, noting that officials are concentrating on firms involved in digital asset infrastructure and related technologies. Kazakhstan already plays a prominent role in the global crypto ecosystem. Following China’s sweeping ban on crypto mining in 2021, many mining operations relocated to the Central Asian country due to its energy resources and permissive regulatory environment. As a result, Kazakhstan emerged as one of the world’s leading centers for industrial-scale bitcoin mining. NEW: Kazakhstan's central bank to invest up to $350 million in Bitcoin and crypto assets — Reuters pic.twitter.com/HHN5lV3Iig — Bitcoin Magazine (@BitcoinMagazine) March 6, 2026 Bitcoin-fiat facing services Financial institutions in Kazakhstan are also experimenting with consumer-facing crypto services. Suleimenov said two banks have already launched crypto-fiat payment cards that allow users to transact between traditional currencies and digital assets. Two additional banks are preparing to introduce similar products. These initiatives are currently operating in a regulatory sandbox while authorities finalize broader legislation governing digital financial assets. The central bank is also pushing to create a licensing framework for cryptocurrency exchanges operating in the country. Under the proposal, exchanges would be required to comply with anti-money laundering rules, tax regulations and other financial oversight measures. Officials say the broader regulatory push aims to integrate digital asset services into Kazakhstan’s financial system while maintaining oversight of the sector. Suleimenov has framed the effort as part of a broader transformation of financial markets driven by technology. According to the governor, innovations such as tokenized assets, digital bonds and crypto-linked payment rails are creating entirely new categories of financial instruments. “In essence, a completely new sector of the financial market is emerging,” he said. The central bank believes digital financial assets could expand access to funding for businesses and investors. For example, real estate developers could tokenize property holdings and sell fractional ownership through digital tokens, offering an alternative to traditional bank financing. This post Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin Investments first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot)

March 4 2026

Bitcoin Price Soars to $72,000 as ETFs Help Stabilize Markets Amid Middle East Tensions

Bitcoin Magazine Bitcoin Price Soars to $72,000 as ETFs Help Stabilize Markets Amid Middle East Tensions Bitcoin soared over $72,000 this morning, reaching a one-month high as institutional demand and technical positioning supported the market amid ongoing geopolitical conflict in the Middle East. The bitcoin price has recovered from recent lows following six straight weekly losses and five consecutive months of declines. Yesterday, the Bitcoin price approached $70,000 but did not surpass it. During Asian trading hours on March 4, it broke through that threshold. Market participants said the rebound reflected traders covering bearish bets and adjusting positions rather than fresh bullish demand. Many had built heavy short positions on fears the Iran conflict would escalate. JUST IN: Bitcoin pumps back to $72,000! pic.twitter.com/I4YrJjhUTf — Bitcoin Magazine (@BitcoinMagazine) March 4, 2026 When the situation did not broaden into a wider regional conflict, those shorts were forced to unwind, helping push bitcoin higher. Bitcoin price has macro tailwinds “If BTC holds above 71k through Friday’s NFP print and builds continuation, the range structure shifts materially,” Nicolai Søndergaard, Research Analyst at Nansen, wrote to Bitcoin Magazine. “A soft payrolls number would likely reinforce rate cut expectations ahead of the March 18 FOMC decision, providing a macro tailwind at the margin. However, if this level fails to hold as it has before, the 60k to 71k range remains intact, and fading the edges is the more defensible positioning until a clear direction is confirmed.” Institutional flows have provided additional support. U.S.-listed spot bitcoin ETFs recorded roughly $1.45 billion in net inflows over the past five trading days. Daily ETF inflows remained elevated, with $225 million recorded on March 3 following $458 million the day before. On-chain and derivatives data indicate stabilization, though traders remain cautious. Glassnode reported a moderate rebound in momentum indicators, including bitcoin’s relative strength index rising to 41 from 36 the previous week. Spot trading volume increased to $9.6 billion from $6.6 billion, while derivatives markets continue to reflect defensive positioning. Perpetual futures funding rates remain negative, and open interest in major contracts has grown as traders adjust positions rather than chase fresh gains. President Trump: Genius Act ‘under threat’ Yesterday, President Trump criticized the banking industry, claiming that the stablecoin legislation he signed last year, the GENIUS Act, is “being threatened and undermined by the banks.” The dispute centers on a provision barring stablecoin issuers from paying interest to holders, which banks argue creates a loophole for third-party reward programs. Crypto advocates insist such rewards are essential for stablecoins to compete in payments, while banks are pushing lawmakers to adjust the rules in new market structure legislation, including the Clarity Act. NEW: President Trump says the U.S. needs to get the crypto market structure bill done “ASAP.” “Americans should earn more money on their money.” pic.twitter.com/lPBnP2oysi — Bitcoin Magazine (@BitcoinMagazine) March 4, 2026 The standoff has stalled progress in the Senate, despite White House-led meetings between banking and crypto representatives. Despite this, the bitcoin price appears to have found near-term support after months of selling pressure, bolstered by ETF inflows, defensive derivatives positioning, and a moderation of long-term holder outflows. At the time of writing, the bitcoin price is near $71,700. This post Bitcoin Price Soars to $72,000 as ETFs Help Stabilize Markets Amid Middle East Tensions first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by ₿itcoin Serbia 🇷🇸 ⚡🚀

July 29 2025

Odgovor Sajfedina Amusa na tvit Endrjua Tejta u vezi sa deflatornom prirodom Bitkoina

Odgovor Sajfedina Amusa, autora knjige "Bitkoin Standard", influenseru Endrjuu Tejtu.

by Bitcoin Magazine (News Bot)

October 17 2025

Compass Coffee Shop Debuts First-Ever Bitcoin Payment on Square Terminal in Washington, DC

Bitcoin Magazine Compass Coffee Shop Debuts First-Ever Bitcoin Payment on Square Terminal in Washington, DC A customer just bought a coffee using bitcoin at Compass Coffee. This reportedly marked the first-ever Square terminal in the world to accept bitcoin. The pilot launch, showcased during DC Fintech Week, was made possible through Square’s new Bitcoin payment integration. According to a Compass Coffee X post, the system worked seamlessly across multiple Bitcoin wallets, demonstrating the power of open payment standards and the Lightning Network. Compass Coffee, a beloved D.C. chain with 27 locations, hosted the demonstration and invited lawmakers and fintech leaders to see the technology in action. “Cannot wait to see this come to Square devices worldwide soon,” the team posted on X. Legendary coffeehouse with 27 locations @CompassCoffeeDC is showing off Square Bitcoin Payments at DC Fintech week right now. Tell your senator to go give it a try! pic.twitter.com/AazPN6ljuB — Miles (@milessuter) October 15, 2025 What is Square Bitcoin? Square recently announced the launch of Square Bitcoin, which is going to be a new suite of tools designed to make bitcoin usable for everyday businesses — from coffee shops to local retailers. The platform will let merchants and small businesses accept bitcoin payments, automatically convert a portion of their sales into BTC, and manage holdings in a built-in Bitcoin wallet — all from the same dashboard they already use for point-of-sale and banking. Square’s technology is now a familiar sight across the U.S. — an all-in-one payment and business management system that runs right on mobile devices. It gives businesses of any size the tools to process payments, track sales and inventory, and manage customer relationships. The rollout will begin November 10, 2025, with no processing fees for Bitcoin payments during the first year. Square says the goal is to make using Bitcoin “as seamless as card payments,” simplifying what has long been a complex process for small businesses. JUST IN: Jack Dorsey's Square introduced a #Bitcoin wallet solution to enable local businesses to accept BTC payments with zero fees. Bullish pic.twitter.com/giHUcQTLLr — Bitcoin Magazine (@BitcoinMagazine) October 8, 2025 By integrating Bitcoin directly into Square’s ecosystem, sellers won’t need external wallets or third-party apps. They can choose to hold Bitcoin on their balance sheets or instantly convert it to dollars. Miles Suter, Head of Bitcoin Product at Block, said the move aims to make Bitcoin “everyday money.” For merchants, it could mean lower costs and faster settlement than traditional card networks. For Bitcoin, this news is just another step toward mainstream adoption. Bitcoin can be used as payment elsewhere, popularly, Steak ‘n Shake began accepting Bitcoin payments at all U.S. locations in May using the Lightning Network via QR codes on kiosks and POS systems. The move boosted same-store sales by roughly 11% in Q2, cut payment processing fees in half, and drove more customer visits, establishing Bitcoin as a strong alternative to traditional payments. This post Compass Coffee Shop Debuts First-Ever Bitcoin Payment on Square Terminal in Washington, DC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot)

September 22 2025

Let’s Not Create $200 Trillion in Credit on Top of Bitcoin

Bitcoin Magazine Let’s Not Create $200 Trillion in Credit on Top of Bitcoin The purpose of Bitcoin is to definancialize the world, not refinancialize it. And so when I heard Strategy Executive Chairman Michael Saylor say at the Bitcoin Treasuries Unconference yesterday that he wants to see $200 trillion in credit built on top of bitcoin once it hits a $100 trillion market cap, I felt uneasy. JUST IN: Michael Saylor says if Bitcoin hits $100 trillion, there could be $200 trillion in credit built on top of it. Bitcoin is just getting started pic.twitter.com/SbgH9gW7fb — Bitcoin Archive (@BTC_Archive) September 17, 2025 Then, when I heard Coinbase CEO Brian Armstrong send a similar message this morning, I started to feel like we’re very much losing the plot. COINBASE CEO JUST SAID LIVE ON CNBC THAT $100 TRILLION OF CAPITAL AND CREDIT MARKET CAN BE REBUILT ON #BITCOIN AND CRYPTO WE’RE “UPDATING FINANCIAL SYSTEM” pic.twitter.com/AmUGAEkeo7 — Vivek Sen (@Vivek4real_) September 18, 2025 For those who aren’t well-versed on Bitcoin’s origins, it was born from the great financial crisis of 2007-09, which was the result of a highly leveraged, overfinancialized system. When I think about Satoshi Nakamoto coding Bitcoin, I don’t think of someone (or a group of people) thinking to him or herself, “How can I create a new asset that we can financialize so that we can create the same problems again?” What Satoshi seemed to have in mind instead was: “Here’s a new form of money that preserves value over time so that people don’t have to rely on financial products as much.” I don’t know whether or not we’ll ever live in a fully hyperbitcoinized future where no other forms of money exist. But I do imagine that the $100 to $200 trillion in debt that both Saylor and Armstrong are envisioning is constituted of other currencies, and, in such a scenario, bitcoin has likely been relegated to “digital capital” instead of money — and that’s not my vision for it. (To be fair, it could be used as digital capital and money simultaneously.) My vision is closer to what we see in bitcoin circular economies, communities around the world that use bitcoin as money. I’ve visited a number of these communities and witnessed the tremendous impact they’ve had on the lives of their members. Many members of these communities have never had a bank account or been a part of the broader digital financial system, which means they likely aren’t even eligible to apply for credit. However, with bitcoin, they’re able to save and build small businesses with those savings. This is part of the magic of Bitcoin: It empowers those who’ve been neglected by the traditional financial system, while saving those of us who have access to it from becoming debt slaves. We may never live in a completely definancialized future, and that’s fine. It’s one thing to acknowledge that, but it’s another to envision a future of finance built on bitcoin before we’ve even succeeded in having it widely adopted as money, which is what Satoshi intended for it to be. It would be fantastic if some of the most prominent names in the industry supported bringing the original vision for bitcoin to life before proposing that we incorporate it into the antiquated, corrupt system as little more than a new form of collateral. This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine. This post Let’s Not Create $200 Trillion in Credit on Top of Bitcoin first appeared on Bitcoin Magazine and is written by Frank Corva.