Bitcoin News

Bitcoin surrendered its $70,000 support level, triggering a broader crypto market retreat that wiped out $329 million in leveraged positions. This downturn was fueled by a perfect storm of geopolitical and macroeconomic pressures. Wiping out the ‘War Gains’ Bitcoin’s midweek resilience crumbled Friday, March 6, as the cryptocurrency surrendered the psychological $70,000 stronghold. After a […]

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Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin  Investments
Kazakhstan’s central bank will invest $350 million from reserves in crypto-related companies and funds.
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.

Bitcoin Magazine

Utexo Raises $7.5M to Launch Bitcoin-Native USDT Settlement Infrastructure
Utexo, a start-up building Bitcoin-native stablecoin settlement infrastructure, announced a $7.5 million seed round co-led by Tether.
This post Utexo Raises $7.5M to Launch Bitcoin-Native USDT Settlement Infrastructure first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

After three days of strong inflows, crypto ETFs cooled off on Thursday, with bitcoin funds posting a $228 million outflow. Ether, XRP, and solana ETFs also ended the day in the red, signaling a broad market pause. Crypto ETFs Turn Red: Bitcoin Loses $228 Million, Ether Drops $91 Million Momentum in the crypto ETF market […]

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Strike has secured a New York Bitlicense and a Money Transmitter License from the New York State Department of Financial Services, allowing the bitcoin payments platform to offer its services to residents and businesses across the state. The company, founded by Jack Mallers and operated under Chicago-based Zap Solutions Inc., announced the approval on March […]

Bitcoin Magazine

Strike Secures New York BitLicense, Opening Bitcoin Financial Services to State Residents
Strike, founded by Jack Mallers, received both a BitLicense and a money transmitter license from the New York State Department of Financial Services.
This post Strike Secures New York BitLicense, Opening Bitcoin Financial Services to State Residents first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges
Russia’s central bank is weighing a plan that would allow banks and brokerage firms to operate cryptocurrency exchanges through a simplified licensing pathway tied to their existing financial permits, according to remarks from Governor Elvira Nabiullina. Under the proposal, financial institutions could obtain authorization to run crypto trading platforms through a “notification process,” rather than […]
This post Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

At 8:30 a.m. EST, bitcoin traded at $69,926 on March 6, 2026, with a market cap of roughly $1.39 trillion and about $48 billion in 24-hour trading volume. The session’s intraday band ranged from $69,732 to $72,956, leaving price pinned near the middle of a tightening consolidation range where buyers defend the $69,000 area while […]