Kazakhstan Financial News

07.01 / 15:31

business Bitcoin Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report

Despite major internet blackouts amid anti-government protests in Kazakhstan, some Bitcoin (BTC) miners operating in the country are not planning to leave the country just yet.

07.01 / 13:12

Technology History Culture Warning end Kazakhstan crisis: Police told to 'shoot to kill without warning' to end unrest, says president

Kazakhstan's President Kassym-Jomart Tokayev said on Friday he was authorising law enforcement agencies to open fire "without warning" to end chaotic riots in the country.

07.01 / 12:41

business cryptocurrency Bitcoin Cryptocurrency update: Bitcoin plunges to its lowest since September 2021

Most popular cryptocurrency Bitcoin on January 7, 2022, plunged below $42,000, which is its lowest since September, 2021. Bitcoin touched $40,938, its lowest recorded since September 29.

07.01 / 12:13

markets Crypto Ed Bitcoin Bitcoin Price Bitcoin may pass $30K September lows, trader warns

Bitcoin (BTC) scooped liquidity at new lows on Jan. 7 as 2022 continued to deliver uninspiring price action.

07.01 / 11:49

business cryptocurrency Bitcoin Bitcoin slumps to lowest since September

Bitcoin on Friday slumped as much as 5 percent to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies.

07.01 / 00:35

business Mining Crypto Biz: The Rise of the Bitcoin Treasury, Dec. 30-Jan. 6

The price of Bitcoin (BTC) cratered below $43,000 on Thursday in a selloff that was stoked by the Federal Reserve’s renewed pledge to start unwinding its pandemic stimulus support. For the so-called diamond hand investors among us, the decline presents an attractive entry point to continue accumulating BTC at discount rates.

06.01 / 13:59

Twitter Bitcoin Bitcoin Price Bitcoin Twitter flips bearish, community responds

As the Bitcoin (BTC) price slides to 2022 lows, the Bitcoin bears have come out to play. Popular names in the BTC space including Sam Bankman-Fried and John Carvalho heeded words of caution overnight, while gold bug Peter Schiff and eternal pessimist CryptoWhale were keen to kick the coin while it was down.

06.01 / 12:45

Ethereum cryptocurrency Bitcoin analysts Bitcoin and other cryptos slump after hawkish Fed minutes while analysts look to Kazakhstan protests

Bitcoin and other cryptocurrencies fell sharply on Thursday, following the release of minutes from the Federal Reserve's last meeting, which showed it leaned toward more aggressive policy action, sapping investor appetite for riskier assets such as cryptos.

06.01 / 12:23

Mining Decentralization Bitcoin Hashrate Kazakhstan Teaches Bitcoin Miners a Lesson as Chaos Affects BTC Hashrate

Kazakhstan has been plunged into a political and social maelstrom that could rock the world of Bitcoin (BTC) – as unrest over escalating fuel prices saw Kazakhtelecom, the national communications provider, pulled the plug on much of the country’s internet, reminding Bitcoin miners to secure alternative ways to access the internet.

06.01 / 00:49

Blockchain regulation Bitcoin Shuts Down network Bitcoin Network Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country's presiding cabinet resigned, but not before the state-owned Kazakhtelecom shut down the nation's internet, causing network activity to plunge to 2% of daily heights.

05.01 / 17:11

Mining Bitcoin Top Bitcoin mining country Kazakhstan turns off internet amid protests

Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests.

05.01 / 12:35

business Environment State of emergency in Kazakhstan amid protests over soaring gas prices

Kazakhstan's president dismissed his government and declared a state of emergency on Wednesday in response to protests over rising gas prices.

04.01 / 19:55

business Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan

Bitcoin (BTC) mining hardware manufacturer Canaan Inc is expanding its footprint in Kazakhstan after signing new strategic partnerships with multiple crypto mining firms in the country.

30.12 / 12:47

cryptocurrency Energy Bitcoin Power Bitcoin Miners Could Go Nuclear in Kazakhstan as Gov’t Plans New Power Plant

The government of Kazakhstan is debating a plan to build a nuclear power plant that could help the country to strengthen its Bitcoin (BTC) and crypto mining sector in the longer term.

29.12 / 07:31

cryptocurrency Bitcoin Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings Slowdowns

Cold weather in some of Bitcoin (BTC) and crypto mining’s hotspots is bringing bad tidings for the industry – with power interruptions experienced in Kazakhstan and the government intervening in Iran.

16.12 / 19:33

business Government Central Bank reports Kazakhstan's central bank reports results on CBDC pilot project

Kazakhstan, the country behind one of the largest sources of Bitcoin mining hash power, has released the results of a pilot program for its digital tenge.

15.12 / 21:15

Digital Citizens Progressive Platform National National Bank of Kazakhstan releases report on results of CBDC pilot project

In the crypto world, Kazakhstan made a name for itself as the safe haven offering refuge to crypto miners fleeing China’s crackdowns. But the country is also active when comes to other parts of the fintech economy.

10.12 / 13:25

CBDC Adoption regulation Ruble Russia prioritizes CBDC ruble as overall crypto outlook seems positive

After the Chinese authorities introduced a complete ban on cryptocurrency transactions in September by equating them to illegal financial activity, local cryptocurrency miners either dropped off the radar or moved to other countries in order to continue with their business.

09.12 / 15:29

Government Adoption Bitcoin Kazakhstan to decide whether to launch CBDC by late 2022

Kazakhstan, one of the world’s largest countries in terms of Bitcoin (BTC) mining hash power, is continuing to explore a potential central bank digital currency (CBDC).

25.11 / 04:29

Electricity Bitcoin Power Bitcoin mining power crunch: Kazakhstan looks toward nuclear solution

The exodus of Bitcoin miners from China into Kazakhstan has contributed to an energy crunch that the central Asian country’s president has proposed solving with nuclear energy.

23.11 / 21:21

Assurant RIG Bitcoin Power Nuclear power Kazakhstan turns to nuclear power, as it is ‘already feeling first signs of electricity shortage’

Kazakhstan’s President Kassym-Jomart Tokayev is reportedly contemplating turning to nuclear energy, amid power shortage in the country.

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