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Cover image for Bitcoin Price Reclaims $70,000 After Deep February Slide

Bitcoin Price Reclaims $70,000 After Deep February Slide

Bitcoin Magazine Bitcoin Price Reclaims $70,000 After Deep February Slide The bitcoin price climbed back above $70,000 on Saturday, rebounding from a sharp drawdown earlier this month as cooler-than-expected U.S. inflation data helped revive risk appetite across markets. The recovery comes after a brutal stretch that saw billions in realized losses and persistent signs of investor anxiety. Bitcoin was trading around $70,215 at press time, up roughly 2% over the past 24 hours, with daily volume near $43 billion. The move leaves the bitcoin price sitting just below its seven-day high of $70,434, according to market data, and pushes its global market capitalization back above $1.4 trillion. The latest upside followed January’s Consumer Price Index report, which showed inflation rising 2.4% year-over-year, slightly under the 2.5% forecast. The softer print strengthened expectations that the Federal Reserve could begin cutting rates sooner than previously anticipated, a shift that typically benefits higher-beta assets like cryptocurrencies. Prediction markets reflected the change in sentiment. Traders on Kalshi increased the implied odds of an April rate cut to 23%, while Polymarket pricing also moved higher over the week. Bitcoin price analysis and related equities The rebound in bitcoin price into the weekend also spilled into crypto-linked equities. On Friday, Coinbase (COIN) surged 18% and Strategy (MSTR) jumped 10% as investors rotated back into digital-asset exposure. The move came even as Coinbase continues to navigate a difficult earnings backdrop, including a $666.7 million Q4 2025 loss tied to weaker trading revenue. Strategy, meanwhile, remained closely tethered to bitcoin’s volatility, while reaffirming its long-term treasury approach. The company disclosed another bitcoin purchase of more than 1,100 BTC this week and posted a steep quarterly loss driven largely by mark-to-market declines on its holdings, underscoring the balance-sheet risks of its aggressive positioning. It’s been a rough couple of months for the bitcoin price, with Bitcoin sliding sharply from its October peak above $120,000 into the mid-$60,000 range after an extended multi-month downturn. The sell-off intensified in early February when BTC broke below the key $70,000 psychological level Research firm K33 suggested the plunge toward $60,000 may have marked a “local bottom,” pointing to capitulation-like conditions in volume, funding rates, options positioning, and ETF flows. Still, the rally has not erased the deeper unease lingering beneath the surface. The Crypto Fear & Greed Index remains stuck in “extreme fear,” levels last associated with the 2022 bear market and the collapse of major industry players. This post Bitcoin Price Reclaims $70,000 After Deep February Slide first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for How Silent.Link Solves SIM-Swap Risks and Roaming Hassles for Traveling Bitcoiners

How Silent.Link Solves SIM-Swap Risks and Roaming Hassles for Traveling Bitcoiners

Bitcoin Magazine How Silent.Link Solves SIM-Swap Risks and Roaming Hassles for Traveling Bitcoiners Silent Link, a Bitcoin native SMS and mobile data company, has quietly grown into an international service provider for privacy-oriented users worldwide, at competitive rates. But how can a young company compete with the mobile data giants? Born from the Bitcoin industry, the brainchild of cypherpunk thought leaders like Matt Odell, Silent Link is a modern mobile data and SMS company that challenges the complicated and mediocre customer service of phone service providers around the world. A founding member of Silent Link, who asked not to be named, and thus we will call Bob, told Bitcoin Magazine in an exclusive interview the genesis story of this company that’s solving one of the most common pain points of the international and travel-savvy Bitcoiner, getting data and SMS authentication messages anywhere in the world. The company offers eSIM-only services globally, with no physical sim card support, making it an entirely digital business. Its Bitcoin native design shows up on its pricing, which Bob says has only gone down over time, already dropping 20% in 2026. Bitcoin Native and Privacy Focused Born during the 2020 COVID lockdowns, Bob recalled that he went on a Matt Odell podcast marathon during which he was inspired to run his own BTCPay Server instance. He figured if he could come up with a digital business that earned Bitcoin, he would have a solid way stack sats directly to self-custody. After setting up the basic payments suite common to many Bitcoin companies, made up of BTCPay servers, an open source stack with Lightning support, full invoicing and accounting back end, Bob realised he now needed a product. It was not long before him, and his growing team realised that providing a modern data and SMS service might just be the perfect product. Today, Silent Link offers users worldwide data rates competitive with phone service giants, as well as incoming SMS texts often needed for authentication to legacy companies like banks, and many online web platforms. The company does not offer outgoing texts, nor does it support normal phone calls. Bob explained that these are terrible protocols, fully surveilled by governments throughout the world, and his target audience uses more secure and sophisticated messaging apps anyway. As such, Silent Link is a privacy-first Bitcoin company. Instead of connecting your phone services to your personal information, which in many countries ends up deeply integrated with the financial system, even showing up in credit scores, Silent Link provides essential services in the digital age, while collecting no personal information from its users. Bob added that “not even the local data carrier knows your phone number”. Silent Link eSIMS can be purchased even without giving the company an email. Bob explained that if you have no user information, there’s nothing to hack and there’s no honey pot to go after, adding that so far they have received “zero requests for user information” from governments. Furthermore, it aligns incentives between the company and its users, rather than turning the user’s data into a product to be sold to third parties. According to Bob, the company is also entirely self-funded and profitable, another critical decision that he feels aligns incentives with its users, adding that “you can not serve two masters”. Users get a special link when they purchase an eSIM, a code that they can back up in a similar way as they would store the 12 words to their Bitcoin wallet, and this simple secret information serves as their key and authentication to their eSIM service. Bob added that this model of authentication nullifies the infamous “sim card swap” attacks, which have led to multi-million dollar hacks in the industry throughout the years. Roaming and Travel Automated Further polishing the user experience, clearly designed to serve an audience that travels often and is sensitive to cybersecurity risks, Silent Linkautomates and hides roaming-related decisions when users move from one country to another, be it for travel or otherwise. Bob says users can expect the same phone number to work in most countries, without having to worry about getting a local temporary sim card, having to buy roaming access, getting overcharged, or having to talk to customer service to make a special purchase at all. Silent Linksimply connects to data providers in the local network and draws from the balance on the user accounts, minimising friction and staying competitive on price. According to Bob, Silent Link can get around state firewalls, including the Chinese firewall, and users report they can use WhatsApp from Dubai, which has restrictions on Voice over IP (VoIP) protocols. The eSIM model actually has a lot to do with this censorship resistance quality unlocked by Silent Link. Data sharing hotspot features are not throttled either, essential for perpetual travellers and those Bitcoiners hopping from conference to conference around the globe as they work online. This post How Silent.Link Solves SIM-Swap Risks and Roaming Hassles for Traveling Bitcoiners first appeared on Bitcoin Magazine and is written by Juan Galt.

Cover image for Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump

Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump

Bitcoin Magazine Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump U.S. markets saw a rotation into risk assets today and crypto-linked stocks, like Coinbase and Strategy, led some of the brightest gains of the day’s session. Even as broader indexes such as the Dow and S&P 500 traded mixed on inflation and economic data, digital-asset exposure helped certain high-beta names outperform. Coinbase (COIN) was among the standout performers. COIN surged more than 18% on the day, finishing well ahead of most traditional technology stocks as traders “bought the dip” in crypto exposure. The daily gain came despite a difficult earnings backdrop: Coinbase reported a $666.7 million Q4 2025 loss, its first in several quarters, driven by lower trading revenue as crypto volumes sagged. Long-term revenue lines like subscription and services — particularly stablecoin revenue — showed strength, helping cushion sentiment. Over the last couple of months, Coinbase shares have slid as the broader crypto market weakened and analysts grew more cautious. Monness Crespi & Hardt downgraded $COIN from buy to neutral, setting a $120 price target and warning of downside risk tied to softer market conditions. The stock has struggled in early 2026, falling roughly 34% year-to-date as Bitcoin dropped about 30% in the past month and altcoins posted even steeper losses. Lower crypto prices have reduced trading volumes, squeezing one of Coinbase’s main revenue drivers. Meanwhile, CEO Brian Armstrong sold more than 1.5 million shares worth about $545 million, calling it a diversification move. Strategy’s (MSTR) strong day Strategy (MSTR) also posted notable upside on the day, with shares rising around 10% in line with a rebound in Bitcoin prices. Strategy shares have swung dramatically alongside bitcoin’s price, falling hard during the broader crypto sell-off before rebounding later into the week as markets stabilized. Despite the turbulence, Strategy is staying committed to adding to its bitcoin treasury. The firm disclosed another purchase of more than 1,100 BTC this week, spending roughly $90 million at an average price near the high-$70,000 range. Strategy also announced its latest earnings results, which reflected the risks of its bitcoin-heavy balance sheet. The company posted a multi-billion dollar quarterly loss, largely tied to mark-to-market declines on its bitcoin holdings, underscoring how price downturns can heavily impact reported financial performance even as the firm maintains a long-term holding posture. Executive Chairman Michael Saylor continued to publicly defend the strategy, reiterating that the company does not intend to sell bitcoin through downturns and arguing that Strategy is positioned to withstand extended volatility in Bitcoin’s price. Other crypto-related stocks saw gains as well today, with Circle (CRCL) climbing roughly 7% and Galaxy Digital (GLXY) rising 6.5%, continuing the sector’s upward momentum. This post Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill

White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill

Bitcoin Magazine White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, discussed the ongoing push for the crypto legislation and the federal government’s management of Bitcoin during a Yahoo Finance interview earlier today, stressing the need for regulatory clarity and institutional engagement. Witt explained that the House passed its version of the Clarity Act last year, and the Senate is drafting its own amendments. Sections of the bill addressing the Commodity Futures Trading Commission (CFTC) have cleared the Agriculture Committee, while portions covering the Securities and Exchange Commission (SEC) remain in the Senate Banking Committee. A markup scheduled for January was postponed, and Witt said discussions are underway to resolve outstanding issues. “We are taking it so seriously,” he noted, emphasizing the need for compromise on concerns such as stablecoin yields and deposit flight. “We’ve taken it so seriously,” he said, “It’s why we’ve hosted the different interested stakeholders here at the White House, and we’re going to continue to stay at the table and encourage them to find a compromise on this issue.” Great joining @YahooFinance this morning to discuss the status of the CLARITY Act. There are trillions of dollars in institutional capital on the sidelines waiting to get into this space. Regulatory clarity is the unlock. https://t.co/7sGga1rmmG — Patrick Witt (@patrickjwitt) February 13, 2026 Crypto held by the U.S. government While the Clarity Act focuses on regulatory clarity, Witt highlighted the government’s Bitcoin holdings as a separate but critical priority. Following an executive order, agencies halted uncontrolled liquidation of digital assets, preventing potential losses that “could have been tens of billions of dollars.” He said efforts are underway to centralize oversight, ensure proper accounting of wallets holding Bitcoin and other digital assets, and explore ways to increase the government’s holdings in a budget-neutral manner. Witt pointed to existing legislation from Senator Cynthia Lummis and a forthcoming House bill from Representative Begich, which would formalize authority over government digital assets. “Ultimately, if Congress decides, we could add to that stockpile with outright purchases,” he said, noting that such acquisitions would require appropriations approval. Witt spent some time in the interview stressing the broader implications for U.S. leadership in digital finance. Centralizing asset management safeguards public resources while positioning the United States to engage more strategically in Bitcoin markets. “There are trillions of dollars in institutional capital on the sidelines waiting to get into this space,” Witt said via X regarding the interview. Witt also noted that improved regulatory clarity under the Clarity Act allows both banks and crypto firms to operate with confidence, creating opportunities for innovation and institutional participation. He emphasized that banks and crypto companies are moving toward collaboration. “There’s tremendous opportunity for the JPMorgans of the world to engage in crypto activities,” he said. With committee reconciliation and Senate floor time still pending, Witt signaled a sense of urgency. “We’ve got to get this done,” he said, framing crypto legislation and government Bitcoin oversight as complementary steps to secure U.S. influence in crypto. This post White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Lightning Labs Rolls Out AI Agent Tools to Help With Bitcoin Transactions on Lightning Network

Lightning Labs Rolls Out AI Agent Tools to Help With Bitcoin Transactions on Lightning Network

Bitcoin Magazine Lightning Labs Rolls Out AI Agent Tools to Help With Bitcoin Transactions on Lightning Network Lightning Labs has released a new open-source toolkit designed to allow AI agents to operate directly on the Bitcoin Lightning Network, providing autonomous systems with a native way to make payments and access services. The company says the tools address a key gap in the emerging AI economy: enabling agents to transact without human intervention. Michael Levin, Lightning Labs’ Head of Product Growth, explained that the toolkit allows AI systems to run a Lightning node, pay for services, and host paid endpoints without needing identity verification, API keys, or traditional registration. The repository includes seven modular features, covering tasks such as node management, key isolation, scoped credentials, L402-based payments, paid endpoint hosting, and querying the state of a node. ‘Inget’ — your bitcoin payments agent A central feature of the release is lnget, a command-line HTTP client that works with the L402 payment standard. L402 is based on the internet’s HTTP 402 “Payment Required” status code. Instead of requiring a login or API key, an L402-enabled server responds to a request with a Lightning invoice. lnget automatically reads the invoice, pays it through a connected Lightning backend, and retrieves cryptographic proof of payment. The agent can then access the requested resource, and subsequent requests reuse cached credentials. The tools support several Lightning backends. Users can connect directly to a local lnd node via gRPC, use Lightning Node Connect for encrypted tunnel access, or experiment with an embedded Neutrino light wallet. This flexibility allows developers to experiment without running a full Lightning node, while maintaining compatibility with production setups. Lightning Labs frames the launch as a step toward a “machine-payable web.” Traditional financial systems such as credit cards or bank accounts do not work well for autonomous agents, which need instant, programmatic payments often at very small values. The combination of lnget on the client side and Lightning Labs’ Aperture reverse proxy on the server side enables a full commerce loop: one agent can host a paid service, and another can consume it, with Lightning handling the payment behind the scenes. Private key security The toolkit emphasizes security. Lightning Labs recommends using LND remote signer architecture, which separates private key storage from node operations. The agent can interact with the node without ever directly accessing private keys. Developers can also use scoped credentials called macaroons, which grant limited permissions such as pay-only, invoice-only, or read-only, reducing risk while allowing agents to transact safely. Lightning Labs’ release comes as broader efforts to enable AI payments gain traction. Coinbase recently unveiled Agentic Wallets, allowing agents to hold funds, make payments, and trade tokens using the x402 protocol, while Stripe has previewed machine payments for USDC. This post Lightning Labs Rolls Out AI Agent Tools to Help With Bitcoin Transactions on Lightning Network first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years

Bitcoin Magazine Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years. The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the sale of bitcoins seized by Brazilian judicial authorities, ensuring that these assets remain within public control. The bill also allows for the collection of Brazil’s federal taxes in Bitcoin and offers incentives for public companies to engage in Bitcoin mining and storage. Transparency is a central feature of the proposal. The bill mandates public disclosure of RESBit’s bitcoin holdings through internet-based platforms, enabling auditing by the public. It emphasizes secure storage of digital assets using technologies such as cold wallets, multisignature wallets, and other internationally recognized mechanisms. In addition, the legislation permits temporary holdings of spot ETFs backed by bitcoin in the reserve portfolio, subject to urgent and limited circumstances. If approved, Brazil could join a small group of countries actively holding Bitcoin at a national level, potentially surpassing major holders like the United States and China. JUS T IN: Brazil’s Congress reintroduces bill to create a Strategic Bitcoin Reserve, allowing the country to acquire up to 1 million pic.twitter.com/jjsaSwy1jZ — Bitcoin Magazine (@BitcoinMagazine) February 13, 2026 Other countries like Brazil exploring Bitcoin reserves Quite famously, El Salvador holds the mantle as the ‘world’s first country’ with a strategic Bitcoin reserve, reporting over 7,560 Bitcoin under President Nayib Bukele’s program. Despite scaling back mandatory Bitcoin acceptance under IMF agreements, the government has maintained regular purchases, citing long-term financial sovereignty and reserve diversification. The National Bitcoin Office now splits holdings across multiple addresses to bolster security and transparency. The Central American nation’s approach has inspired policymakers worldwide. In the United States, the BITCOIN Act of 2025 proposed somewhat of a federal strategic Bitcoin reserve, while several states, including New Hampshire and Arizona, have passed or proposed laws allowing portions of public funds to be invested in digital assets. President Trump’s March 2025 executive order further directed federal agencies to explore Bitcoin accumulation from seized assets without new taxpayer costs. In Europe, the Czech National Bank has a similar allocation in bitcoin, while Switzerland sees a citizen-led initiative proposing a constitutional mandate for Bitcoin holdings. Hong Kong, Ukraine, and Pakistan are also exploring frameworks to hold Bitcoin at the national level, with Pakistan pledging never to sell its future reserves. This post Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Binance France CEO Targeted in Failed Home Invasion Near Paris, Three Arrested

Binance France CEO Targeted in Failed Home Invasion Near Paris, Three Arrested

Bitcoin Magazine Binance France CEO Targeted in Failed Home Invasion Near Paris, Three Arrested David Prinçay, chief executive of Binance France, was the target of a failed home invasion near Paris on Feb. 12, according to French outlet RTL. Three masked men forced entry into a residential building in Val-de-Marne during the early hours of the morning. The suspects entered the wrong apartment before reaching Prinçay’s residence. The executive was not home at the time but the group took two mobile phones and left the building. Police believe the same suspects carried out a second break-in attempt later that morning in Vaucresson, west of Paris. Reports said a resident was assaulted during the incident, which also appeared to involve an incorrect address. French authorities traced the stolen devices and reviewed surveillance footage to identify the suspects’ movements. Investigators followed the group as they traveled by train toward Lyon. Officers from the Lyon BRI arrested the three men at Lyon Perrache station later that day. They were placed in custody while police continue their investigation. The case involved coordination across several units, including Paris’s anti-banditry brigade and departments in Hauts-de-Seine, Val-de-Marne, Yvelines, and transport police services. The incident adds to growing concern over attacks linked to cryptocurrency figures in France. The country has seen a rise in so-called “wrench attacks,” where criminals use threats or violence to obtain access to digital assets. Authorities have not released further details on possible motives or connections. Binance has not issued a public comment on the break-in attempt. Throughout 2025 and into this year, multiple kidnappings, ransom attempts, and home invasions were reported against crypto holders and entrepreneurs. Last year, a Hong Kong man was sentenced to seven years in Canada for participating in a violent, sexually abusive home invasion that stole $1.6 million in Bitcoin from a British Columbia family. Binance’s rocky relationship with the French government French authorities have investigated Binance for alleged money laundering, tax fraud, and operating without proper registration before its May 2022 approval. The Binance probe, intensified in early 2025, focused on suspected failures in anti-money laundering controls and the “illegal” provision of services, potentially linked to drug trafficking. French authorities also recently raided X’s Paris offices as part of a criminal investigation into allegations that the Grok AI chatbot was used to generate illegal child sexual abuse imagery. The probe was being coordinated with Europol and is examining the involvement of both current and former executives, including Elon Musk. X has denied any wrongdoing, calling the investigation politically motivated. This post Binance France CEO Targeted in Failed Home Invasion Near Paris, Three Arrested first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring

U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring

Bitcoin Magazine U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring U.S. Treasury Secretary Scott Bessent said Friday that Congress must move quickly to pass crypto legislation establishing clear federal rules for digital assets, urging lawmakers to deliver the bill to President Donald Trump’s desk for signature this spring. Speaking on CNBC, Bessent was asked about the status of the proposed “Clarity Act” amid a recent sell-off across the crypto market. He said the bill would provide “great comfort to the market” during a period of heightened volatility, signaling the administration’s push to create a more defined regulatory framework for the sector. Bessent added that some crypto firms have attempted to block the legislation, but noted there remains a bipartisan coalition of lawmakers committed to advancing the bill. However, he warned that the coalition’s momentum could weaken if Democrats regain control of the House of Representatives in November. Last week, Bessent urged Congress to pass the legislation, warning that the U.S. needs clear crypto market structure rules before the spring legislative window closes. Bessent told Fox News that “what we’re seeing in the crypto market over the past few months means more than ever that the U.S. needs market structure, we need clarity, and we need to get this across the line this spring,” he said. He said recent volatility in bitcoin and digital asset markets underscores the urgency of legal certainty. Bessent blamed the current stalemate on resistant factions within both the crypto industry and traditional finance, with disputes centering on stablecoin yield restrictions and regulatory oversight. Potential crypto tax breaks At a Senate Banking, Housing and Urban Affairs Committee hearing on the Financial Stability Oversight Council’s annual report, Bessent was pressed by members of Congress on whether China is using blockchain and digital assets to challenge American financial leadership, with Bessent saying Treasury has not observed rumored gold-backed Chinese instruments but noting China’s activity through Hong Kong. The discussion shifted quickly to U.S. regulation, where Bessent voiced strong support for the proposed Clarity Act, arguing that digital asset innovation should be embedded within the U.S. economy under “safe, sound, and smart” oversight. He also warned that deposit volatility from crypto-related legislation could harm community and small banks by limiting their ability to lend locally. Senator Cynthia Lummis raised the possibility of a de minimis Bitcoin tax exemption for small transactions and asked for clearer guidance on calculating capital gains across mixed-cost portfolios, with Bessent offering to have Treasury’s tax policy office engage with her team. The hearing followed Bessent’s earlier testimony that the government cannot bail out bitcoin or direct banks to hold crypto, and that seized BTC will now be retained in the Strategic Bitcoin Reserve rather than sold. This post U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Thailand Moves to Cement Bitcoin and Digital Assets in Regulated Derivatives Market

Thailand Moves to Cement Bitcoin and Digital Assets in Regulated Derivatives Market

Bitcoin Magazine Thailand Moves to Cement Bitcoin and Digital Assets in Regulated Derivatives Market Thailand is taking a major step toward integrating digital assets into its regulated financial markets. The country’s Cabinet recently approved a proposal allowing digital assets, including cryptocurrencies and tokens, to be used as underlying assets in the derivatives and capital markets. The decision reflects a growing recognition that digital assets are evolving beyond speculative instruments into a legitimate asset class capable of reshaping capital markets. Nirun Fuwattananukul, chief executive of Binance Thailand, described the move as a “watershed moment” for the country’s capital markets. “It sends a strong signal that Thailand is positioning itself as a forward-looking leader in Southeast Asia’s digital economy,” he told the Bangkok Post. Under the plan, the Securities and Exchange Commission (SEC) will amend the Derivatives Trading Act to formally recognize digital assets as reference assets for derivatives contracts. This expansion allows licensed operators to offer contracts tied to crypto, like futures and options, under appropriate regulatory supervision. “The expansion of permissible goods and variables is designed to support emerging asset classes such as digital assets,” said SEC Secretary-General Pornanong Budsaratragoon. “This will strengthen recognition of crypto as an asset class, enhance portfolio diversification, and improve risk management for investors.” The SEC is developing detailed rules and licensing frameworks for derivatives brokers, exchanges, and clearinghouses to accommodate crypto-based products. It is also working with the Thailand Futures Exchange (TFEX) to finalize contract specifications that align with the risk characteristics and practical uses of digital assets in trading. In addition to cryptocurrencies, the amendments reclassify carbon credits as “goods” rather than “variables,” allowing the launch of physically delivered carbon credit futures alongside cash-settled contracts. This initiative aligns with Thailand’s climate change and carbon neutrality objectives, as outlined in the draft Climate Change Act. Thailand’s bitcoin ETF push Thailand recently finalized a major regulatory framework aimed at positioning itself as a bitcoin hub in Asia. The country’s SEC said its rolling out rules for bitcoin and crypto exchange-traded funds (ETFs), futures trading, and tokenized investment products, creating a formal legal foundation for digital assets under existing derivatives law. The SEC approved crypto ETFs in principle and is now setting operational guidelines covering custody, liquidity, and cooperation between asset managers and licensed exchanges. Investors could allocate up to 4–5% of diversified portfolios to digital assets, with domestic ETFs trading on the Stock Exchange of Thailand, allowing exposure without direct crypto ownership. Thailand approved its first spot bitcoin ETF in 2024 and plans to expand to other cryptocurrencies, including ether and diversified baskets. This post Thailand Moves to Cement Bitcoin and Digital Assets in Regulated Derivatives Market first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows

Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows

Bitcoin Magazine Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows The bitcoin corporate adoption world is increasingly dominated by a single player — Strategy — even as adoption among smaller firms continues to grow. According to BitcoinTreasuries.net’s January 2026 Corporate Adoption Report, Strategy accounted for more than 90% of net new corporate Bitcoin purchases last month, underscoring its outsized influence on the sector. January saw Strategy acquire 40,150 BTC, ending the month with a staggering 712,647 BTC on its balance sheet. According to the report, these purchases represented 93% of gross public-company buying and 97.5% of net additions after sales, single-handedly restoring sector-wide accumulation to levels last observed in late summer. Public companies collectively now hold roughly 1.13 million BTC, with Strategy responsible for nearly two-thirds of that total, according to the report. Strategy’s management continues to tie its BTC accumulation to a long-term treasury strategy. In its Q4 2025 disclosure, the firm outlined a seven-year plan that projects roughly 2.5x growth in Bitcoin per share by 2032. Under an aggressive scenario assuming a 14% annual Bitcoin yield, Strategy targets 492,000 sats of BTC per share. Even more cautious forecasts imply steady growth in per-share exposure, positioning Strategy as both a large holder and a deliberate duration bet on BTC as a treasury reserve asset. Earlier this week, Strategy said they bought 1142 bitcoin in the week prior. Digital credit is gaining traction Beneath the headline accumulation story, a new funding layer is emerging. BitcoinTreasuries.net’s digital credit dashboard tracks preferred shares and hybrid instruments that straddle equity and debt. Strategy’s own STRC, STRD, STRF, and STRK dominate this space, alongside products from Strive, STRE, and Metaplanet. Yields range from roughly 4.9% on Metaplanet’s MERCURY to low-teen rates on Strategy’s STRC and Strive’s SATA. A core cohort of repeat bitcoin buyers The corporate Bitcoin market is no longer defined solely by headline names. Among 194 public companies holding Bitcoin, roughly one-third have been adding at least 1 BTC per day on average since adopting a treasury strategy, according to the report. Twenty firms now accumulate 10 BTC per day or more. Treasury-focused companies continue to lead, collectively adding an average of 357 BTC per day over more than five years, outpacing newer entrants like Twenty One Capital and Bitcoin Strategy Treasury Company. Mining companies also contribute significantly, holding around 124,833 BTC — about 11% of total public-company holdings — led by MARA, Riot, Hut 8, and CleanSpark. Yet, miners turned net sellers in January, with Riot and Bitdeer reducing their balances, leaving the sector with a net loss of 290.9 BTC. New entrants, tighter concentration Despite market volatility, new corporate BTC buyers keep emerging. Since October 2025, BitcoinTreasuries.net added 21 new treasuries across South Korea, the U.S., China, Japan, and Canada, contributing roughly 880 BTC — about 3% of non-Strategy purchases — signaling growing adoption. At the same time, ownership concentration is rising: the largest balance-sheet buyers now control an increasing share of corporate BTC, even as more companies hold smaller amounts. The “treasury trade” faces a stress test amid a market pullback. BTC dipped below $65,000 in early February, sending treasury-centric stocks down 30–35%. Total tracked corporate, ETF, government, and institutional holdings now exceed 4.08 million BTC, with public-company treasuries growing from 620,000 BTC to 1.15 million BTC since early 2025. This post Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Bitcoin Advances Toward Quantum Resistance with BIP 360 and New P2MR Output

Bitcoin Advances Toward Quantum Resistance with BIP 360 and New P2MR Output

Bitcoin Magazine Bitcoin Advances Toward Quantum Resistance with BIP 360 and New P2MR Output BIP 360, a proposal aimed at preparing Bitcoin for future computing threats, has been updated and merged into the official Bitcoin Improvement Proposal (BIP) GitHub repository, marking a new step in efforts to strengthen the network against emerging cryptographic and quantum computing risks. The proposal introduces a new Bitcoin output type called Pay-to-Merkle-Root (P2MR), designed to support quantum-resistant script tree functionality while maintaining compatibility with existing Tapscript infrastructure, according to a note seen by Bitcoin Magazine. Supporters of BIP 360 describe the proposal as an early move toward quantum-hardening Bitcoin at the protocol level. A merge into the BIP repository does not signal endorsement or future activation. BIPs are merged as part of the open process for documenting or discussing potential upgrades. BIP 360: Pay to Merkle Root was published pic.twitter.com/GXkmTHnDoL — Murch (@murchandamus) February 11, 2026 Bitcoin at risk from Quantum computing in theory Quantum computing has raised concerns across the cryptography and cybersecurity fields because sufficiently advanced machines may be able to break widely used cryptographic systems. In Bitcoin’s case, the threat centers on the possibility that computers could derive private keys from exposed public keys, which could lead to stolen funds. While all Bitcoin addresses become vulnerable when spending reveals a public key, some output types carry greater exposure. Taproot addresses, along with Pay-to-Public-Key (P2PK) outputs and reused addresses, are considered more at risk because public keys are visible on-chain. P2MR is conceptually similar to Taproot but removes a key weakness. Taproot includes a key-path spending method that can expose public keys. The proposed P2MR output type disables that key-path spend and commits only to the script path, reducing the surface area for potential attacks. The BIP’s authors say the proposal is meant to serve as a foundation for later upgrades that could introduce post-quantum signature schemes into Bitcoin through follow-on soft forks. The note points to algorithms such as ML-DSA (Dilithium) and SLH-DSA (SPHINCS+) as possible candidates. “Ultimately, the introduction of BIP 360 and P2MR is a first step in a larger set of quantum-resistance proposals that will be necessary to quantum-harden Bitcoin,” said co-author Hunter Beast, a Bitcoin developer and senior protocol engineer at MARA. Beast added that the team is also exploring proposals to address vulnerable coins that are unlikely to move, including long-dormant holdings. The latest update adds Isabel Foxen Duke as a co-author alongside Beast and cryptographic researcher Ethan Heilman. Duke, a technical communications specialist, said the goal was to make the proposal understandable beyond the developer community. “Given the sensitivity of the subject matter, we aimed to ensure the BIP was written in a manner that was clear and understandable to the general public,” Duke said. The proposal arrives as governments and major technology firms increase investment in post-quantum cryptography. The U.S. National Security Agency’s CNSA 2.0 framework calls for quantum-safe systems by 2030, while the National Institute of Standards and Technology plans to phase out elliptic curve cryptography in federal systems in the mid-2030s. Supporters argue that BIP 360 aligns Bitcoin with a broader shift toward quantum-safe security standards, positioning the network to adapt as computing capabilities advance. This post Bitcoin Advances Toward Quantum Resistance with BIP 360 and New P2MR Output first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst

Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst

Bitcoin Magazine Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst itcoin is at risk of deeper losses as risk appetite fades and macro pressure builds, according to Standard Chartered’s head of digital assets research Geoff Kendrick. In a note reported on by Bloomberg, Kendrick said weaker U.S. economic momentum and reduced expectations for Federal Reserve rate cuts have weighed on crypto markets. He added that falling digital-asset ETF holdings have removed a key source of demand. Kendrick warned bitcoin could drop to $50,000 and Ethereum could fall toward $1,400 before stabilizing later in the year. BTC trades near $67,869 after reaching a 16-month low of $60,008 last week. Standard Chartered cut its year-end bitcoin forecast by a third, lowering its 2026 target to $100,000 from $150,000. The bank cited deteriorating macro conditions and the risk of further investor capitulation. Bitcoin has already suffered a major correction, falling as much as 50% from its October 2025 record high at its worst close on Feb. 5. Standard Chartered estimates only half of BTC supply remains in profit, a sharp decline though less severe than in prior bear cycles. The bank pointed to an unsupportive interest-rate backdrop as a key headwind. Markets have pushed back expectations for Fed easing, with investors now looking for the first cut later in the year. Kendrick said uncertainty around future Fed leadership has added to caution. ETF flows also remain a concern. Standard Chartered estimated bitcoin ETF holdings have dropped by almost 100,000 BTC from their October 2025 peak. With an average purchase price near $90,000, many ETF investors now hold unrealized losses, raising the chance of additional selling pressure. Despite the near-term downgrade, the bank maintained a constructive longer-term outlook. Kendrick noted that on-chain usage data continues to improve and the current downturn has not triggered major platform failures, unlike the 2022 cycle that saw collapses such as Terra/Luna and FTX. Standard Chartered continues downgrading Bitcoin Back in December of last year, Standard Chartered halved its forecasts, seeing Bitcoin at $100,000 by end-2025 and $150,000 by end-2026, while keeping a $500,000 target pushed out to 2030. Bitcoin did not hit $100,000 by the end of 2025. The bank cited fading corporate treasury demand and slowing ETF flows at the time. Geoffrey Kendrick said corporate accumulation has “run its course,” leaving ETF inflows as the main driver. Bitcoin is currently trading near $67,000, per Bitcoin Magazine Pro data. This post Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Coinbase ($COIN) in Limbo as CEO Continues Selling Shares, Analysts Issue Downgrades

Coinbase ($COIN) in Limbo as CEO Continues Selling Shares, Analysts Issue Downgrades

Bitcoin Magazine Coinbase ($COIN) in Limbo as CEO Continues Selling Shares, Analysts Issue Downgrades Shares of the largest publicly traded U.S. crypto exchange, Coinbase, fell this week as the broader crypto market takes a hit in prices, and as the market grapples with news insider selling and analyst predictions. Monness Crespi & Hardt downgraded $COIN from “buy” to “neutral,” citing downside risk tied to weakening crypto market conditions. The firm set a price target of $120, implying more than 20% downside from recent trading levels. The downgrade comes as the stock has struggled in early 2026 amid a broader pullback in digital assets. COIN opened Thursday around $153, down nearly 10% from intra-week highs, and is now off roughly 34% since the start of the year. Coinbase’s decline reflects the cooling of crypto markets after last year’s rally. Bitcoin has fallen about 30% over the past month, while major altcoins have posted even steeper losses. The downturn has reduced trading volumes across the sector, squeezing one of Coinbase’s core revenue drivers. Analysts are critical of Coinbase ($COIN) Analysts across Wall Street have begun revising their forecasts. JPMorgan recently cut its Coinbase price target by 27%, pointing to lower spot trading volumes, declining crypto market capitalization, and weakening stablecoin activity, including softer USDC circulation. “We view global crypto spot trading as highly fragmented, with dozens of smaller players threatening Coinbase’s market share,” JPMorgan analysts wrote in a note shared with Decrypt, warning that Coinbase could lose the “regulated monopoly” it has enjoyed as the only major publicly traded crypto exchange for several years. Other firms have also adjusted their outlooks. Cantor Fitzgerald reduced its target price from $277 to $221 while maintaining an overweight rating. Citi trimmed its own target from $505 to $400 but kept a buy stance, reflecting longer-term optimism despite near-term headwinds. The stock now holds a consensus rating of “Moderate Buy,” with 19 analysts rating the stock a buy, 12 assigning a hold, and one issuing a sell. The average price target across analysts stands near $332, suggesting many still see upside from current levels. Brian Armstrong is dumping some of his shares VanEck’s head of digital assets research Matthew Sigel reported that Coinbase CEO Brian Armstrong has sold more than 1.5 million shares between April 2025 and January 2026, worth approximately $545 million based on Bloomberg pricing data. The largest single sale occurred on June 25, when Armstrong disposed of 336,265 shares at roughly $355 per share. Armstrong responded publicly on X, defending his selling as a diversification move after more than a decade with most of his wealth tied to one company. “It would be a little crazy after 13 years, to have 99.999% of your net worth in one stock,” Armstrong wrote at the time, adding that he remains “super long” on Coinbase and has used proceeds to start new companies. H.C. Wainwright analyst Mike Colonnese recently warned Coinbase could miss on net revenue and adjusted EBITDA, driven by soft digital asset prices and unrealized crypto losses. He also flagged the possibility of a large headline earnings loss due to Coinbase’s crypto holdings and its stake in Circle. “We would not be surprised to see shares trade lower on the optics of a large reported net loss,” Colonnese wrote, though he maintained a buy rating and said he would view post-earnings weakness as a buying opportunity. All this is happening as the Bitcoin price extended its steep decline today after a multi-month-long slide that erased more than half of its value from its October peak, with the Bitcoin price now trading near $66,000 following a sharp sell-off that pushed prices toward $60,000. Since roughly December 2025, the bitcoin price has followed a pretty straightforward downward trajectory, falling from levels above $100,000 into a volatile range that has kept traders focused on whether the market has reached a durable floor. This post Coinbase ($COIN) in Limbo as CEO Continues Selling Shares, Analysts Issue Downgrades first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for BlackRock Says 1% Crypto Allocation in Asia Could Drive $2 Trillion in Inflows

BlackRock Says 1% Crypto Allocation in Asia Could Drive $2 Trillion in Inflows

Bitcoin Magazine BlackRock Says 1% Crypto Allocation in Asia Could Drive $2 Trillion in Inflows BlackRock executive Nicholas Peach said that even a small shift in Asian portfolio allocations toward crypto could generate enormous inflows for the digital asset market. Speaking during a panel at Consensus Hong Kong, Peach noted that if advisors recommended just a measly 1% allocation to crypto across standard portfolios in Asia, it could translate into nearly $2 trillion in new capital entering the space, according to CoinDesk reporting. Peach pointed to the scale of household wealth across the region, estimating roughly $108 trillion in total assets, and argued that modest adjustments in traditional investment models could have an outsized effect on crypto markets. The comments come as BlackRock continues to see strong demand for crypto exchange-traded funds, particularly through its iShares unit. The firm’s U.S.-listed spot Bitcoin ETF, IBIT, has grown rapidly since launching in January 2024 and now holds nearly $53 billion in assets under management. Peach added that Asian investors have contributed significantly to flows into the U.S.-listed crypto ETFs. Regulators in markets including Hong Kong, Japan, and South Korea are also moving toward broader crypto ETF offerings, signaling growing institutional acceptance across Asia. BlackRock CEO: Bitcoin, crypto has potential Last year, Larry Fink, the CEO of BlackRock, publicly shifted from being a Bitcoin critic to acknowledging its potential. Fink described Bitcoin as an “asset of fear,” often bought as a hedge against financial insecurity, geopolitical instability, and currency debasement but he warned that Bitcoin remains volatile and heavily influenced by leveraged players, making short-term trading risky. However, he suggested it can provide meaningful portfolio insurance when held as a hedge. Also last year, BlackRock expanded Bitcoin access globally, launching its flagship iShares Bitcoin ETF (IBIT) in Australia. The world’s largest asset manager listed the product on the Australian Securities Exchange (ASX) under the ticker IBIT, giving local investors regulated exposure to Bitcoin through a traditional exchange-traded structure. At the time of these developments last year, Bitcoin was trading near all-time highs above $100,000. Currently Bitcoin is down 30% from those levels, trading near $68,000. Last week, bears pushed the price down sharply, sending it into oversold territory on the weekly RSI, which triggered a strong rebound. After such a steep drop and a bounce from $60,000, the price is likely to stay range-bound over the coming weeks. Don’t expect any movement above $80,000 or below $60,000 during this period, according to Bitcoin Magazine data. This post BlackRock Says 1% Crypto Allocation in Asia Could Drive $2 Trillion in Inflows first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for MoonPay Launches Crypto Deposits Feature to Enable Cross-Chain Funding in Wallet in Telegram

MoonPay Launches Crypto Deposits Feature to Enable Cross-Chain Funding in Wallet in Telegram

Bitcoin Magazine MoonPay Launches Crypto Deposits Feature to Enable Cross-Chain Funding in Wallet in Telegram MoonPay has launched a new product called MoonPay Deposits, in hopes of making wallet-to-wallet crypto transfers easier by automatically handling swaps, bridging, and cross-chain routing behind the scenes. The company said the service allows users to fund applications with crypto from an existing wallet, regardless of which token or blockchain they hold. Instead of manually ensuring the correct asset and network are selected, users can send supported crypto and receive the final balance in their chosen asset. MoonPay Deposits is now available in the self-custodial TON Wallet, part of Wallet in Telegram’s dual-wallet setup, giving more than 100 million users a new way to move funds into the Telegram-based ecosystem. “Users shouldn’t have to buy new assets or navigate complex steps just to fund an account,” said CEO and co-founder Ivan Soto-Wright, adding that the product simplifies transfers by letting people use the crypto they already own. The service is designed to reduce friction for users entering the TON ecosystem, which previously required holding assets on the TON blockchain before funding a TON Wallet account. With the new deposit flow, users can send Bitcoin and other assets from external networks, with MoonPay automatically converting them into TON or other supported tokens. Andrew Rogozov, founder and CEO of The Open Platform and Wallet in Telegram, said the goal is to make entering and exiting the TON ecosystem as seamless as using a custodial wallet while maintaining self-custody. The company said the product operates entirely on its infrastructure and integrates natively into partner environments, supporting deposits from detection through final asset delivery. Users can access MoonPay Deposits directly through TON Wallet by selecting a deposit option, choosing the token and network they want to send from, and transferring funds to a generated address. MoonPay then manages the routing and credits the user in the correct asset. Intercontinental Exchange considering investing in MoonPay Two months ago, Intercontinental Exchange (ICE), owner of the New York Stock Exchange, entered talks to invest in the crypto payments firm. The potential funding round was expected to value MoonPay at around $5 billion, up from its previous $3.4 billion valuation. The company had recently strengthened its regulatory standing by securing a Limited Purpose Trust Charter from the New York Department of Financial Services, alongside its existing BitLicense. The company also announced that CFTC Acting Chair Caroline Pham would join as chief legal and administrative officer. This post MoonPay Launches Crypto Deposits Feature to Enable Cross-Chain Funding in Wallet in Telegram first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Crypto-Lender BlockFills Suspends Client Deposits and Withdrawals As Crypto Market Slumps

Crypto-Lender BlockFills Suspends Client Deposits and Withdrawals As Crypto Market Slumps

Bitcoin Magazine Crypto-Lender BlockFills Suspends Client Deposits and Withdrawals As Crypto Market Slumps BlockFills, an institutional-focused digital asset trading and lending firm, has temporarily suspended client deposits and withdrawals, citing recent market and financial conditions, according to reporting from the Financial Times. A notice was sent last week and stated the suspension was intended “to further the protection of our clients and the firm.” It added that any funds deposited during the suspension period would be refused and returned. Clients were told they could continue trading under certain restrictions, including the possibility that positions or loans requiring additional margin could be closed. BlockFills provides spot and derivatives execution, structured products, and crypto-backed lending to miners, hedge funds, and other professional counterparties. The Chicago-based firm has also been active in crypto credit markets, lending against bitcoin collateral and facilitating leveraged trading strategies. According to its website, BlockFills serves roughly 2,000 institutional clients, with options products available only to investors holding at least $10 million in digital assets. The company did not specify how long the suspension would last or provide details on the underlying cause beyond citing market volatility. A BlockFills spokesperson said that the firm is “working hand in hand with investors and clients to bring this issue to a swift resolution and to restore liquidity to the platform.” Is BlockFills sending a warning sign? In the digital asset industry, a halt on customer withdrawals is often interpreted as a warning sign, potentially indicating liquidity constraints or asset-liability mismatches. Several crypto trading and lending firms, including FTX, BlockFi, Celsius, Genesis Capital, Vauld, and Voyager, imposed similar restrictions during prior market downturns before entering restructuring or bankruptcy proceedings. BlockFills’ suspension comes as bitcoin and other major cryptocurrencies have experienced significant declines. Bitcoin fell below $65,000 last week, down roughly 25% so far in 2026 and about 45% since an October peak near $120,000. Since its founding in 2018, BlockFills has expanded its trading and lending business with backing from Susquehanna and CME Group’s corporate venture arm. While the suspension echoes measures taken by other firms during past crypto downturns, there is currently no public evidence that BlockFills is insolvent. The company did not respond to requests for comment. At the time of writing, Bitcoin is struggling to stay above the $66,000 level. Earlier this week, bitcoin traded above $72,000 but failed to hold that level. This post Crypto-Lender BlockFills Suspends Client Deposits and Withdrawals As Crypto Market Slumps first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Motiv Builds Bitcoin Circular Economies, Empowering 750+ Peruvian Families Weekly

Motiv Builds Bitcoin Circular Economies, Empowering 750+ Peruvian Families Weekly

Bitcoin Magazine Motiv Builds Bitcoin Circular Economies, Empowering 750+ Peruvian Families Weekly In Peru’s diverse landscapes—from Andean highlands to coastal surf towns and Amazonian outposts—Bitcoin is quietly taking root, not through top-down mandates or corporate adoption but through grassroots efforts that blend humanitarian aid with Bitcoin’s sense of financial sovereignty. At the forefront is Motiv Peru, a non-profit co-founded by Rich Swisher and Valentin Popescu, which has spent years equipping underserved and unbanked communities to use Bitcoin for everyday needs, education, and local trade. What began as a simple shoe donation program in 2019 has evolved into a network of about 10 active zones with hubs in Lima, Cusco, and Huanchaco and satellite programs in Tarapoto and Iquitos, among others, serving over 750 families weekly. The Motiv team is 50 strong, plus volunteers, and is actively demonstrating Bitcoin’s potential as a tool for long-term empowerment in the developing nations rather than short-term foreign aid relief. Most profound of all, Motiv has developed a non-profit strategy that is having deep and lasting social impact, while bootstrapping Bitcoin circular economies, fulfilling an early Bitcoin vision, ‘banking the unbanked’. What did Motiv figure out that other fiat NGO’s have not, and what does Bitcoin have to do with it? Alpaca Socks for Bitcoin and the Genesis of Motiv Peru has an old and curious history with Bitcoin. One of the first documented real-world uses of Bitcoin involved Peruvian alpaca socks. In early 2011, merchants like Grass Hill Alpacas accepted Bitcoin for wool socks and other goods, exported them from the South American country to the U.S., as noted in Bitcoin Wiki entries and contemporary forum discussions on Bitcointalk. This paralleled legendary moments in Bitcoin history like the famous Laszlo Hanyecz pizza purchase in May 2010. By 2025 the Peru’s crypto landscape had grown amid regional trends, emerging as one of the largest hubs of Bitcoin adoption in the world. Chainalysis data from 2025 shows Latin America handling significant volumes, with Peru recording around $28 billion in crypto transaction value—part of a broader regional surge driven by remittances, inflation hedging, and smartphone access enabling wallets. Motiv’s origins trace to 2019. Founded by Swisher, a retired U.S. military and police officer with experience in international business, and Valentin, a Romanian expat with experience in non-profit work and logistics, who had lived in Peru since 2007. They met while building a playground in a remote Cusco highland village. While Valentin was approached by Jonathan, a seven-year-old orphan living in dire conditions—a mud hut with few possessions, malnourished, and isolated. His mother had passed away months earlier, and his father was the town drunk. “I carried him on my shoulders, and all the kids came around shouting ‘Jonathan, Jonathan!’ He was the star,” Valentin told Bitcoin Magazine in an exclusive interview. When offered a granola bar, Jonathan started sharing it with the other kids despite his own hunger. “This is the orphan of the village, the most looked-down-on kid… and he’s thinking about others. My mind, my heart exploded.” Seeing the extreme need Jonathan was in, Swisher and Valentin called in some donors and managed to buy him a full outfit, a jacket, shoes, pants, and a hat, essential protection from the punishing cold of the Andes highlands. But there was a problem, seeing the gifts brought to Jonathan, the other kids were jealous, they too needed shoes and much more, in this isolated village of Peru. Valentin promised the rest of the kids they, too, would get shoes, good shoes. In the rough terrain of the Andes, high-quality footwear is like a 4×4; for many kids, it means the difference between going to school or not, because the journey they need to make is that rough. That’s when the Happy Steps program was born, and for all intents and purposes, when Motiv found its purpose. Two months later, they returned to the village with shoes for everyone, bought with donations from Swisher’s network, establishing a yearly program to support similar villages upgrading their footwear. As part of the program, the Motiv team and other adults who volunteer wash the children’s feet, often tattered by the elements and rough terrains. Then they give the child the new pair of shoes. Valentin’s experience in this remote village taught him an important lesson, which he shared in the interview: “I understood that the story isn’t me, a foreigner, coming to feel good about doing this. But what we are trying to do is push so that Peruvians can serve and be leaders in the community. Being a leader isn’t talking; it’s serving.” Next year came around, and Motiv was getting ready to release another batch of shoes, but the year was 2020, and COVID-19 and the corresponding lockdowns were ravaging the country’s health and economy. Valentin called Swisher, “Look, we have this situation; we had planned this amount for shoes, so I’m going to do one thing. Why don’t you talk to the donors instead of buying shoes now? Well, we have to buy food.” Right as Valentin might have been, non-profit donations don’t quite work that way. Swisher talked to the donors but returned with bad news. When donations are made for a specific program or purpose, you can’t just pivot at the last minute; the donors refused. But there was another option; Swisher mentioned that “he knows someone who knows someone who knows someone who has Bitcoin” that could buy shoes and food. Valentin recalled his reaction: “This isn’t the time for jokes, Rich.” But the Bitcoin donor was serious. He would fund the shoes program this year and cover other essential supplies like food for the village, to help them survive COVID. But there was one condition. Everything had to be paid for in Bitcoin. “I started looking for a store, but I didn’t find any. I was looking for a big store or something. ” Recalled Valentin, “eventually, I found a kiosk that accepted Bitcoin, crypto, everything. And the guy told me, ‘I don’t have many things.’ We bought some little things from him, but it wasn’t what we needed… We’re talking hundreads of people, right?” At this point, Motiv was looking to provide supplies to 50 families, a triple-digit number of people. The kiosk merchant solved the immediate food supplies mission, but he realized he was going to have to orange pill some vendors to get scale. The second merchant was Olger the shoemaker. Olger had supplied Motiv in previous shoe donation campaigns, so a relationship already existed, but COVID had hit him hard. He lost his wife and job during the pandemic and was left with three kids to take care of alone. Olger, rather than turn to alcoholism as many did during those hard times, doubled down on his vocation and started teaching people to make shoes, while also accepting Bitcoin from Motiv and becoming a crucial partner of the Happy Steps program. From there, Motiv began organizing a list of merchants and educating them about Bitcoin. They quickly faced negative responses, financial scams of many kinds, crypto included, had savaged the country a few times by this point, so a very simple and different approach to Bitcoin evangelism was needed. Rather than promise financial independence or preach the cypherpunk utopia, Valentin simply sold Bitcoin as a payments tool and taught these merchants to use it as they wished. From this premise, Motiv started to snowball. Motiv Peru 2026 Fast forward a few years, and Motivn Peru is a well-oiled machine. As merchants got introduced to Bitcoin as a payment method, they began getting interested in it as a technology, and basic Bitcoin and financial literacy education programs followed, hosted at Motiv centers in major locations across Peru. Various education programs were developed to answer the questions of merchants and users alike in an organized manner. Valentin tells us that today Motiv teaches Peruvians about Bitcoin from Monday to Saturday in 15 different locations, touching over 750 families. Motiv events in 2025 reached over 6000 people of all ages, including the Copa Bitcoin soccer tournament, a Christmas event, and various fairs and educational activities. The total number of individual bitcoin transactions made as a result of these efforts ranges between 25 and 30 thousand, with Blink as their entry level go to wallet. This post Motiv Builds Bitcoin Circular Economies, Empowering 750+ Peruvian Families Weekly first appeared on Bitcoin Magazine and is written by Juan Galt.

Cover image for Bitcoin Price Approaches $60,000, Eyes Multi-Month Bottom

Bitcoin Price Approaches $60,000, Eyes Multi-Month Bottom

Bitcoin Magazine Bitcoin Price Approaches $60,000, Eyes Multi-Month Bottom The bitcoin price extended its steep decline today after a multi-month long slide that erased more than half of its value from its October peak, with the bitcoin price now trading near $66,000 following a sharp sell-off that pushed prices toward $60,000. Since roughly December 2025, the bitcoin price has followed a pretty straightforward downward trajectory, falling from levels above $100,000 into a volatile range that has kept traders focused on whether the market has reached a durable floor. Bitcoin price dropped below the psychological mark of $70,000 on Feb. 5, triggering intense selling pressure across spot and derivatives markets. The decline has been driven by macroeconomic uncertainty, institutional derisking, and turbulence in technology stocks that often trade in tandem with crypto risk appetite. Since the sell-off, Bitcoin price has struggled to regain momentum, hovering around the $66,000 to $67,000 level while trading swings between $66,000 and $72,000 remain common. K33: Bitcoin price may be at a ‘local bottom’ Research and brokerage firm K33 argued this week that the plunge toward $60,000 may have marked a local bottom, citing what it described as “capitulation-like conditions” across volume, funding rates, options skews, and exchange-traded fund flows. K33 Head of Research Vetle Lunde pointed to a “vast list of extreme outliers” that accompanied the move, according to reporting from The Block. Trade volumes reached the 95th percentile, while funding rates collapsed to levels last seen during the March 2023 U.S. banking crisis. Options skews rose to readings previously associated with the most intense stress of the 2022 bear market. Momentum indicators also entered rare territory. After persistent selling since Jan. 20, Bitcoin’s daily Relative Strength Index fell to 15.9, one of the most oversold readings since 2015. RSI measures the speed and magnitude of recent price changes on a scale from 0 to 100, with values below 30 often viewed as oversold. Lunde noted that previous extremes in March 2020 and November 2018 coincided with major cycle lows. Sentiment gauges reflected similar strain. The Crypto Fear & Greed Index fell to 6 during the sell-off, its second-lowest level on record, underscoring the depth of pessimism as Bitcoin price approached $60,000. The price action came with what Lunde called “hyperactive trading.” Two-day spot volume reached $32 billion on Feb. 6, among the highest ever recorded. Feb. 5 and Feb. 6 marked back-to-back 95th percentile volume sessions, a pattern seen only once in the past five years during the FTX collapse. K33 said such outlier days often align with local price extremes, though consolidation and retests can follow. Derivatives markets mirrored the stress. Daily annualized funding rates in Bitcoin perpetual swaps fell to -15.46% on Feb. 6, the lowest since March 2023, while the seven-day average annualized funding rate dropped to -3.5%, its weakest since September 2024. Options positioning moved into what Lunde described as “extreme defensive territory,” similar to periods surrounding the Luna collapse, the 3AC unwind, and the FTX failure. ETF activity also surged. BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest daily trading volume on Feb. 5, surpassing $10 billion with 284.4 million shares traded. The same day ranked as the fifth-largest daily outflow since spot Bitcoin ETFs launched, contributing to net weekly outflows of 13,670 BTC despite inflows later in the week. Taken together, K33 said the breadth of volatility, volume, yields, skews, and ETF flows supports $60,000 as a high-probability bottom. The firm expects the Bitcoin price to enter a prolonged consolidation phase lasting weeks or months, likely between $60,000 and $75,000, with elevated odds of a retest of support but limited expectation of further downside. Bitcoin billionaires are buying the dip Some long-term industry figures have framed the downturn as an opportunity. Val Vavilov, co-founder of Bitfury and an early cryptocurrency adopter, said the latest market rout offered a chance to rebalance and add exposure. “For us, the fall in Bitcoin is an opportunity to rebalance our portfolio and purchase a certain amount of Bitcoin at a low price,” he said according to Bloomberg, while noting Bitcoin remains only one component of a broader strategy that now includes artificial intelligence data centers. Technical analysts remain focused on key levels. After the rebound from $60,000, resistance sits near $71,800, with $74,500 representing a Fibonacci retracement level. Further resistance stands near $79,000 and $84,000. On the downside, bulls are watching $65,650 and $63,000 as nearer-term support, while $60,000 remains the major floor above the 0.618 Fibonacci retracement at $57,800, according to Bitcoin Magazine Pro data. At the time of writing, the bitcoin price is $66,624. This post Bitcoin Price Approaches $60,000, Eyes Multi-Month Bottom first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Standard Chartered and B2C2 Form Partnership to Help Institutions Access Crypto

Standard Chartered and B2C2 Form Partnership to Help Institutions Access Crypto

Bitcoin Magazine Standard Chartered and B2C2 Form Partnership to Help Institutions Access Crypto Standard Chartered and B2C2, a global provider of institutional liquidity for digital assets, announced a strategic partnership in hopes of improving institutional access to crypto markets. The collaboration brings together Standard Chartered’s global banking infrastructure with B2C2’s liquidity across spot and options trading, according to a note shared with Bitcoin Magazine. Under the agreement, B2C2 will provide its institutional clients like asset managers, hedge funds, corporates, and family offices with direct connectivity and liquidity access to Standard Chartered’s banking network and settlement services. The partnership is designed to deliver a streamlined experience by integrating regulated banking services with institutional-grade crypto liquidity. The move reflects a broader trend of accelerating institutional adoption of digital assets, particularly in Asia. As demand for regulated access to crypto assets grows, partnerships between established banks and digital asset firms aim to reduce friction in fiat-to-crypto transactions and enable faster, more reliable settlement processes. Crypto access for institutional investors Luke Boland, Head of Fintech, Asia, at Standard Chartered, noted the significance of the collaboration, stating that it enables “regulated, scalable market linkage without compromising execution or risk management.” Thomas Restout, Group CEO of B2C2, emphasized the value of Standard Chartered’s global reach and regulatory credentials, calling the bank “an ideal strategic counterpart” for expanding institutional access to digital markets. The partnership wants to connect traditional finance with digital asset markets, giving B2C2’s clients access to Standard Chartered’s global banking network. This allows institutional investors to trade and manage both fiat and digital assets more efficiently and with better oversight. B2C2 is known for providing reliable digital asset liquidity to institutional clients worldwide, while Standard Chartered has a strong presence across Asia, Europe, and the Middle East, helping clients with cross-border transactions and market access. Together, the two companies plan to build a solid framework for institutional crypto trading, supporting the growth of digital assets as part of mainstream finance. Back in May 2025, Standard Chartered announced plans to expand its regulated digital asset services for institutional clients. The bank has now officially launched spot Bitcoin trading through its UK branch, integrated with existing FX platforms and offering clients flexibility in settlement and custody. This partnership with B2C2 will make it easier for institutions to navigate both traditional banking and emerging crypto markets. This post Standard Chartered and B2C2 Form Partnership to Help Institutions Access Crypto first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Cover image for Danske Bank Opens Retail Bitcoin Access After Years of Crypto Resistance

Danske Bank Opens Retail Bitcoin Access After Years of Crypto Resistance

Bitcoin Magazine Danske Bank Opens Retail Bitcoin Access After Years of Crypto Resistance Denmark-based Danske Bank will now allow customers to invest in cryptocurrency-linked products tied to Bitcoin, marking a shift for Denmark’s largest lender after years of resistance to the asset class. The bank said customers using Danske eBanking and Danske Mobile Banking can now gain exposure through exchange traded products, or ETPs, that track the performance of Bitcoin or Ethereum. The offering includes three products at launch, with two linked to Bitcoin and one linked to Ethereum. Danske Bank framed the move as a response to growing customer demand for access to digital asset markets through traditional financial channels. The bank said the products are intended for customers who trade through its platform without receiving investment advice. Kerstin Lysholm, Head of Investment Products & Offering at Danske Bank, said the lender has seen a rising number of enquiries from customers who want cryptocurrency exposure as part of their portfolios. She pointed to stronger regulation across Europe, including the EU’s Markets in Crypto-Assets Regulation, as a factor that has increased confidence in the sector. The ETP structure allows customers to invest without holding Bitcoin or Ethereum directly, removing the need for digital wallets and private key storage. The group said this provides a simpler route for investors while reducing operational risks linked to self-custody. The bank also highlighted that the selected products come from established providers such as BlackRock and WisdomTree. The bank said the ETPs fall under MiFID II regulations, which require investor protection measures and transparency around costs. Before customers can trade the products, Danske Bank will require a suitability assessment. Investors must answer questions designed to confirm they understand the risks and characteristics of cryptocurrency-linked investments. BREAKING: Denmark’s largest bank Danske Bank just announced to offer #Bitcoin and crypto ETPs to investors Nothing stops this train pic.twitter.com/d3gYAUk6B2 — Bitcoin Magazine (@BitcoinMagazine) February 11, 2026 Crypto reversal for Danske Bank The decision marks a reversal from Danske Bank’s earlier stance. In 2018 the lender refused to support cryptocurrency trading and warned customers against investing in digital assets, maintaining an internal restriction as recently as 2021, according to Decrypt. Lysholm said the new access should not be interpreted as an endorsement of cryptocurrencies, but as a way to meet customer interest within a regulated framework while maintaining strong warnings about risk. Despite offering access, the bank stressed that it does not view cryptocurrencies as part of a long-term portfolio strategy. The bank said it does not provide advisory services for these products and described them as opportunistic investments that carry the potential for significant losses. This post Danske Bank Opens Retail Bitcoin Access After Years of Crypto Resistance first appeared on Bitcoin Magazine and is written by Micah Zimmerman.