Home Blog Page 1218

Kansas Introduce Bill To Establish Strategic Bitcoin Reserve

0

Kansas has become the latest U.S. state to explore a formal role for Bitcoin and digital assets in public finance, with lawmakers introducing legislation that would create a state-managed Bitcoin and Digital Assets Reserve Fund.

The bill, introduced by State Senator Craig Bowser, proposes amending Kansas’ unclaimed property laws to explicitly recognize digital assets, including cryptocurrencies and virtual currencies, and to establish a framework for their custody, management, and potential sale.

If passed, the legislation would place oversight of the reserve with the Kansas State Treasurer.

Under the proposal, unclaimed digital assets, like Bitcoin, would be transferred to the state after three years of inactivity following undeliverable written or electronic communication to the owner. 

There is some ambiguity around what an ‘unclaimed digital asset’ is but the bill appears to apply only to custodial digital assets held by a legally defined “holder,” such as exchanges, banks, trust companies, or other licensed custodians, not to self-custodied wallets. 

Per the bill, the three-year abandonment clock begins only after written or electronic communication to the owner is returned as undeliverable, and it stops immediately if the owner shows any sign of activity, including logging in or accessing another account with the same custodian.

Unlike many traditional forms of unclaimed property, the bill allows these assets to be delivered and held in their native digital form, rather than being immediately liquidated.

The legislation also permits the state’s designated qualified custodian to stake digital assets and receive airdrops, subject to direction from the treasurer. 

Any staking rewards or airdropped assets generated after three years would be transferred into the BTC and Digital Assets Reserve Fund, creating a mechanism for the state to accumulate digital assets over time.

In a notable provision, the bill prohibits BTC from being deposited into the state’s general fund.

Instead, Kansas would retain Bitcoin as part of its reserve, while directing 10% of deposits of non-bitcoin digital assets into the general fund, contingent on legislative appropriations. Supporters argue this structure treats BTC as a long-term reserve asset rather than a short-term revenue source.

States are actively pushing for bitcoin reserves 

The bill also lays out how the state would handle the sale of digital assets. Cryptocurrencies that trade on established exchanges would have to be sold at market prices, while assets without active exchange listings could be sold using other commercially reasonable methods. 

The goal of all this is to minimize market disruption while adding clearer guardrails around how state-held digital assets are managed.

If passed, the legislation would put Kansas alongside a growing number of U.S. states exploring how Bitcoin and other digital assets might fit into long-term financial and custodial strategies. 

In recent years, state lawmakers across the country have debated whether Bitcoin could serve as a hedge against inflation, a diversification tool, or a way to modernize public finance infrastructure.

$100K Bitcoin Setup Strengthens as Macro Data Clears the Way

0

Bitcoin steadied near key support as inflation data clarified policy expectations, reinforcing higher-for-longer rates while strengthening the case for crypto as a macro hedge amid geopolitical shifts and renewed ETF-driven demand. PCE Comes in Line and a Strategist Sees Bitcoin Gearing up for $100K A fresh set of macroeconomic signals sharpened market expectations as investors […]

IXOPAY Launches ‘Token-First’ Packages to Tackle Payment Stack Fragmentation

0

IXOPAY has launched three new TokenEx tokenization packages designed to make “token-first” payments the default standard for enterprise merchants.

The move aims to address the growing challenge of payment stack fragmentation, offering businesses a faster path to securing data, reducing PCI scope, and achieving processor independence.

Breaking processor lock-in

According to IXOPAY, many merchants currently remain constrained by “processor-owned tokens” and brittle integrations that are costly to change. The new packaged options are intended to remove the “build-it-yourself” burden, providing payments teams with a standardized starting point that scales as they add new processors, geographies, and payment methods.

The three new packages include:

  • TokenEx Core: Focuses on network and universal tokens to keep credentials portable, effectively reducing vendor lock-in and minimizing PCI compliance scope.
  • TokenEx Connect: Includes the Core features plus access to over 20 pre-built PSP integrations, allowing for faster multi-processor strategies without the need for re-vaulting data.
  • Alternative Payments: Offers out-of-the-box access to Alternative Payment Methods (APMs) such as PayPal, Venmo, and BNPL services, simplifying the complexity of expanding acceptance.

In parallel with the new packaging structure, IXOPAY is expanding its global coverage by adding support for PIX, Brazil’s instant payment system, via dLocal. This integration is designed to facilitate faster market entry and expansion for merchants targeting the Latin American region without the need to build complex local integrations from scratch.

The company’s leadership, including Interim CEO Suzanne Rudnitzki and CPO Peter Papaioannou, is positioning these updates as a strategic response to the need for greater flexibility and security in the enterprise payments landscape.

17K BTC Inflows Anomaly Puts Bitcoin Recovery at Risk

0

The Bitcoin price rally to $90,000 failed to hold after 17,000 BTC were sent to exchanges, but an improving spot market suggests that traders view BTC’s current pricing as discounted.

Crypto exchanges saw a surge in Bitcoin (BTC) flows over the past two days, emulating a pattern seen when the market topped in July and August 2025. More than 17,000 BTC was sent to exchanges, potentially a sign that the current sell-off could deepen.

Bitcoin researcher Axel Adler Jr. said that the atypical 17,000 BTC exchange inflow occurred between Jan. 20 and 21, including 9,867 BTC on Jan. 20 and 6,786 BTC on Jan. 21. This sharply contrasts with January’s average daily netflow range of -2,000 to +2,000 BTC.

Bitcoin exchange netflows. Source: CryptoQuant/Axel Adler Jr.

Although the netflow has since normalized (+296 BTC), the accumulated inflows create a supply overhang near current levels. As a result, the current move towards $89,000 to $90,000 is viewed as a key resistance test.

This aligns with Bitcoin’s short-term holder SOPR, which tracks whether recent buyers are selling at a profit or a loss. The seven-day SMA sits at 0.996, below the key 1.0 break-even level. At the recent price low near $87,500, the SOPR dropped to 0.965, implying an average 3.5% loss for short-term holders.

Related: Bitcoin diamond hand BTC selling not ‘repeat of 2017, 2021,’ research warns

Data points to an improving market

Glassnode data shows improvement in Bitcoin’s spot markets. Binance and aggregate exchange cumulative volume delta (CVD) also have rotated back toward buy-dominant conditions, while selling pressure on Coinbase has stabilized. This reduction in overhead supply should technically stabilize prices, but the current level of buying is insufficient.

Coinbase, Cryptocurrencies, Bitcoin Price, Adoption, Markets, United States, Cryptocurrency Exchange, Binance, Price Analysis, Market Analysis
Spot CVD bias for all exchanges. Source: Glassnode

Notably, the aggregated exchange spot CVD level has reached highs last seen in April 2025, a period that previously preceded range expansion.

Crypto analyst Darkfost added that the stablecoin metrics support a potential bottoming process. Following Bitcoin’s correction, the Stablecoin Supply Ratio (SSR) saw its sharpest drop of the cycle, indicating Bitcoin’s market cap fell faster than stablecoin liquidity.

Coinbase, Cryptocurrencies, Bitcoin Price, Adoption, Markets, United States, Cryptocurrency Exchange, Binance, Price Analysis, Market Analysis
Stablecoin supply ratio oscillator. Source: CryptoQuant

Related: Bitcoin analysts predict ‘prolonged consolidation’ for BTC price