Bitcoin

Mystery of orange bitcoin car revealed and owner slams critics

The orange Mercedes was parked along the Promenade in Davos. Nobody in the vicinity saw who parked it there. The license plate says “Kuna” on it, which is the name of a Ukrainian cryptocurrency exchange. Michael Chobanian, the founder of Kuna, confirmed that the car belongs to him. Arjun Kharpal | CNBC DAVOS, Switzerland — The mystery of the orange bitcoin car, that was first spotted by CNBC on Monday at the Alpine resort of Davos, Switzerland, has been solved and the owner is not impressed… Source link

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Trump backer Peter Thiel reportedly made $1.8 billion cashing out an 8-year bet on crypto – when he was still touting a massive bitcoin price surge

Trump backer Peter Thiel reportedly made $1.8 billion cashing out an 8-year bet on crypto – when he was still touting a massive bitcoin price surge

Peter Thiel’s fund made $1.8 billion cashing out its crypto positions last year, according to the Financial Times.Marco Bello/Getty Images Peter Thiel’s fund closed almost all of its crypto positions shortly before prices crashed last year, according to the Financial Times. Founders Fund made $1.8 billion cashing out its bet on digital assets, the publication said. Thiel predicted bitcoin’s price would surge 100 times around the same time his fund was reportedly selling its crypto… Source link

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Trump backer Peter Thiel reportedly made $1.8 billion cashing out an 8-year bet on crypto – when he was still touting a massive bitcoin price surge

Trump backer Peter Thiel reportedly made $1.8 billion cashing out an 8-year bet on crypto – when he was still touting a massive bitcoin price surge

Peter Thiel’s fund made $1.8 billion cashing out its crypto positions last year, according to the Financial Times.Marco Bello/Getty Images Peter Thiel’s fund closed almost all of its crypto positions shortly before prices crashed last year, according to the Financial Times. Founders Fund made $1.8 billion cashing out its bet on digital assets, the publication said. Thiel predicted bitcoin’s price would surge 100 times around the same time his fund was reportedly selling its crypto… Source link

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KYN Capital Group Gives Corporate Update for Koinfold Pay 2.0 Enhanced Design Features supporting Bitcoin and 75+ Crypto Tokens

KYN Capital Group Gives Corporate Update for Koinfold Pay 2.0 Enhanced Design Features supporting Bitcoin and 75+ Crypto Tokens

KYN Capital Group Inc. Corporate Goal to Onboard Greater Than 250,000 Users by Q4 2023 CARSON CITY, NV, Jan. 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – KYN Capital Group (OTC: KYNC) is pleased to announce that Koinfold 2.0, the number one feature laden wallet app, has taken the next step and added many new features and a new fresh design to make Koinfold 2.0 even easier to use and more functional. The updated release has been uploaded to the Apple App and Google Play stores and is… Source link

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Bitcoin can pass $30K before setting new bear market low — forecast

Bitcoin (BTC) may gain another 50% before seeing a mass sell-off to complete its bear market, new research predicts. In the latest edition of its regular markets newsletter, “The Crypto Circular,” trading firm QCP Capital delivered a grim warning to those who believe that crypto winter is over. Research warns of “final Wave 5 sell-off” Bitcoin has surprised by retaining new support levels abruptly reclaimed in its week-long bull run, so far topping out at $21,650. Despite widespread… Source link

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OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’ – CoinDesk

OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’ – CoinDesk

“We don’t believe any trading venue, centralized or decentralized, has any business, launching their own asset that gets traded, even a stable asset that people settle in,” Rafique said. “There are many conflicts of interest that exist. It goes back to our philosophy around native tokens. We aren’t building our company around a native token offering.” Source link

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Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023

Switzerland is a “pivot point” for crypto adoption in Europe and continues to be the “center point of the next stage of institutionalization,” said Dr. Dirk Klee, CEO of Bitcoin Suisse.  The CEO divulged why Switzerland is still the top spot for crypto in Europe and will continue to attract institutional investors in an exclusive Cointelegraph interview streetside in Davos, Switzerland.  We have boots on the ground in Davos! Our reporter @gazza_jenks speaks to Dr. Dirk Klee, CEO of

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Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023

Switzerland is a “pivot point” for crypto adoption in Europe and continues to be the “center point of the next stage of institutionalization,” said Dr. Dirk Klee, CEO of Bitcoin Suisse.  The CEO divulged why Switzerland is still the top spot for crypto in Europe and will continue to attract institutional investors in an exclusive Cointelegraph interview streetside in Davos, Switzerland.  We have boots on the ground in Davos! Our reporter @gazza_jenks speaks to Dr. Dirk Klee, CEO of

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Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances

National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network. Set to launch sometime in mid-2023, the AUDN stablecoin is aimed at streamlining cross-border remittances and carbon credit trading, according to a Jan. 18 report from the Australian Financial Review (AFR). NAB’s chief innovation officer Howard Silby said the decision to mint the AUDN stablecoin on Ethereum — which is backed 1:1 by… Source link

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Bitcoin, Ether fall on U.S. economy worries, hawkish Fed comments on interest rates

Bitcoin, Ether fall on U.S. economy worries, hawkish Fed comments on interest rates

Bitcoin and Ether fell Thursday morning in Asia, along with most other top 10 non-stablecoin cryptocurrencies on concerns about the direction of the U.S. economy and interest rates. Prices also lost ground overnight after the U.S. said it would take what it called “a major, international cryptocurrency enforcement action.” This turned out to involve the relatively market-underwhelming arrest of the Russian owner of Hong Kong-registered exchange Bitzlato Ltd., but prices didn’t… Source link

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