From bitcoin hater to fan, Norwegian billionaire opts for BTC

From Bitcoin Hater to Fan: Again a Norwegian Billionaire Decides in Favour of BTC

Øystein Stray Spetalen has reportedly invested „heavily“ in crypto exchange MiraiEx and bought large amounts of Bitcoin.

Norwegian kroner billionaire Øystein Stray Spetalen has invested „heavily“ in both Bitcoin (BTC) and local crypto exchange MiraiEx – after bashing crypto just last week.

Spetalen recently bought an undisclosed amount of BTC as well as investing in Norwegian cryptocurrency exchange MiraiEx. By its own admission, the platform did not need Bitcoin Evolution new capital at the moment, but admitted that additional funds will help it expand faster.

„We didn’t really need money. We just wanted to grow faster,“ the exchange spokesperson said.

Meanwhile, Spetalen’s opinion on Bitcoin was the stark opposite just last week. On 18 March, he said the cryptocurrency was „hostile“ to the environment and claimed regulators in the EU should ban it outright.

„The only thing I have analysed is that Bitcoin today consumes as much energy as the entire energy consumption of Norway. It is extremely anti-environmental. If you are really serious about Bitcoin, the authorities and the EU should ban it immediately,“ Spetalen said at the DNB Invest conference. And: „It is simply nonsense. We’re doing fine with today’s payment systems.“

A 180-degree turn on bitcoin

However, he quickly changed his mind after talking to the MiraiEx founders. Spetalen:

„When the facts change, I change. I met the MiraiEx founders the day after the podcast was recorded in early March and realised I was wrong. And then when I also read that Kjell Inge Røkke had gotten into Bitcoin, it was quite obvious. I can’t stand that Røkke is making money and not me.“

Kjell Inge Røkke is another Norwegian investor who controls local holding company Aker ASA. On 8 March, the firm announced that it had formed Seetee, a new entity that will focus on „investing in projects and companies across the Bitcoin ecosystem“, starting with a purchase of 1,170 BTC ($58.5 million at the time).

„We are very excited about the industrial opportunities that are being unlocked by Bitcoin and blockchain technology, and we want to contribute to them with vigour,“ Seetee noted at the time.

Now it looks like other Norwegian investors are also starting to take notice of Bitcoin.

Rezerwy giełdowe spadają do najniższego poziomu sprzed 61 000 $: 5 rzeczy do obejrzenia w Bitcoin w tym tygodniu

Hodlers są cierpliwi wobec ostrzeżeń, że kontynuacja hossy Bitcoin może zająć „trochę czasu” dzięki mieszanym komunikatom ze wskaźników łańcuchowych.

Bitcoin ( BTC ) widzi ostrożny początek tygodnia, ponieważ rynki makro drżą, a turecka waluta traci 15% swojej wartości z dnia na dzień.

Po rozczarowującym weekendzie, w którym odrzucono kwotę 60 000 USD , Bitcoin jeszcze nie zrobił wrażenia na traderach, którzy spodziewają się działań bocznych w nadchodzących dniach.

Cointelegraph przygląda się pięciu czynnikom, które mogą wpływać na ewolucję akcji cenowej Bitcoin w miarę rozpoczynania się nowego tygodnia.

Cicho wśród zapasów

W poniedziałek sytuacja na rynku akcji jest jednym z wahań, ponieważ utrzymują się obawy o rentowności obligacji i ugryzienia koronawirusa.

Stał się znany na wielu azjatyckich rynkach, które otworzyły się przy niewielkim ruchu. Wzrost aktywności gospodarczej prawdopodobnie podsyci obawy na temat obligacji, przy rentowności 10-letnich obligacji skarbowych już na poziomie 1,7% w Stanach Zjednoczonych po szybkich wzrostach w ostatnich tygodniach.

Przyjmując inny ton, Chiny ujawniły, że mają więcej pieniędzy do wydania na ulgi finansowe, co zdaniem urzędników zmniejszy ryzyko, a nie je zwiększy.

„To nie tylko zapewni pozytywne bodźce dla podmiotów gospodarczych, ale także pomoże stworzyć środowisko, które będzie mniej narażone na ryzyko finansowe”, powiedział w weekend Yi Gang, prezes chińskiego banku centralnego, Ludowego Banku Chin (PBoC) .

Jednocześnie w wielu jurysdykcjach obserwuje się powrót lub kontynuację blokady koronawirusa, pośród złości z powodu braku postępów w zniesieniu ograniczeń indywidualnych wolności pomimo wprowadzenia szczepionek i nadejścia wiosny.

Z drugiej strony, zamieszanie w Turcji sprawiło, że jej krajowa waluta, lira, spadła o 15% zaraz po otwarciu handlu. Walcząca gospodarka nie skorzystała na spadku nastrojów po tym, jak prezydent Recep Tayyip Erdogan zwolnił kolejnego szefa banku centralnego.

„Turcja wybiera najgorszy czas na ogień bankiera centralnego”, komentator rynku Holger Zschaepitz odpowiedział

„Erdogan usunął jastrzębiego gubernatora Agbala, zastępując go profesorem, który twierdzi, że wysokie stopy procentowe powodują inflację. Rosnący deficyt walut obcych, uszczuplone rezerwy walutowe i inflacja na poziomie 16% zwiększają prawdopodobieństwo kryzysu walutowego ”.

ECB: President Christine Lagarde says no to Bitcoin reserves

How do ECB President Lagarde and US Treasury Secretary Yellen feel about cryptocurrencies? Both warn of a lack of regulations, but are not fundamentally opposed to digital money.

The current soaring of Bitcoin and other cryptocurrencies is driving the monetary authorities into trouble

You see their influences dwindling as institutional and private investors trust the crypto sector. The President of the European Central Bank (ZEB) Christine Lagarde has now participated in a conference call organized by the business magazine The Economist and presented her position on the subject. She said on Wednesday, according to media reports , that she doesn’t see Bitcoin Compass as a real currency, adding that central banks won’t be holding it as a reserve currency anytime soon.

It’s very unlikely – I’d say it’s out of the question.

So Lagarde in the original sound. Most recently, ECB President Lagarde spoke rather critically about Bitcoin at a conference of the Reuters news agency in January . She called for global regulation. She also said that in some cases criminals have used the digital currency for money laundering activities and that all loopholes need to be closed.

There has to be regulation. This has to be applied and agreed … on a global level because if there is a way out, that way will be used

added Lagarde.

Yellen, like Lagarde, points out crime

However, it does not completely reject digital currencies. She definitely sees the place for this in the future, also at the ECB. She said the pandemic had pushed economies towards faster digital adoption. There could be a digital euro currency in about four years. This thesis recently received a boost from a ruling by the European Court of Justice on the restriction of cash.

Bitcoin scende brevemente sotto i 30.000 dollari prima di recuperare

Bitcoin ha un supporto a 29.000 dollari e 26.000 dollari.

Gli indicatori nel time-frame giornaliero sono ribassisti.

BTC ha probabilmente completato la prima gamba di una struttura correttiva a lungo termine.

Il prezzo del Bitcoin (BTC) è diminuito considerevolmente il 21 gennaio ed è sceso brevemente ad un minimo locale di 28.800 dollari nelle prime ore del 22 gennaio.

Nonostante il calo, è probabile che almeno la prima tappa del movimento correttivo sia stata fatta. Bitcoin probabilmente aumenterà nel breve/medio termine.

Bitcoin rimbalza al supporto

Bitcoin è sceso di più di 5.000 dollari ieri, scendendo da un massimo di 35.600 dollari ad un minimo di 30.000 dollari.

Mentre la discesa è ripresa inizialmente il 22 gennaio, BTC ha rimbalzato al livello di ritracciamento 0,5 Fib a 29.000 dollari ed è in procinto di creare una candela rialzista con un lungo stoppino inferiore.

Nonostante il rimbalzo, gli indicatori tecnici sono fermamente ribassisti.

Il MACD ha attraversato in territorio negativo, l’RSI giornaliero ha attraversato sotto 50, e l’oscillatore stocastico ha fatto un cross ribassista.

Se il BTC dovesse perdere l’area di supporto di 29.000 dollari, il prossimo si troverebbe a 26.000 dollari (livello di ritracciamento 0,618 Fib).

Conteggio dell’onda di BTC

Come delineato nell’analisi di ieri di BeInCrypto Bitcoin,

„Una rottura dell’area di supporto di $34.000 e del triangolo simmetrico confermerebbe probabilmente che BTC si sta dirigendo verso il basso, possibilmente verso $29.000“.

La rottura di ieri ha portato BTC al livello 0,5 Fib a 29.000$ e ha dato alle onde X:Y (arancione) un rapporto 1:1 nel processo.
Conteggio dell’onda di BTC

Tuttavia, il conteggio a lungo termine è ancora ribassista, quindi è più che probabile che questa sia solo la prima parte della struttura correttiva.

Questo significherebbe che il BTC si dirigerà alla fine più in basso, molto probabilmente verso 22.969$ (livello di ritracciamento 0,5 Fib).

Tuttavia, ci sono numerosi modelli possibili che questa mossa può prendere, quindi sembra inutile ipotizzare quale sarà corretto. Tuttavia, è probabile un rimbalzo significativo prima dell’eventuale ripresa della tendenza al ribasso.
Conteggio a lungo termine di BTC

Movimento a breve termine

Il grafico a breve termine mostra che mentre ci sono i primi segni di un’inversione rialzista, come evidenziato dalla divergenza rialzista nell’RSI, l’inversione non è ancora confermata.

Il recupero dell’area di 31.400 dollari confermerebbe probabilmente che l’inversione è iniziata e che il BTC si dirigerà più in alto.

Inoltre, c’è un forte supporto a 28.200 dollari. Quindi, anche se il BTC viene respinto e fa un minimo leggermente più basso, ci si aspetta che rimbalzi a questo livello.
BTC a breve termine

Conclusione

È probabile che il Bitcoin abbia completato la prima gamba di una struttura correttiva e che ora inizierà un rimbalzo significativo. Un recupero del livello di 31.400 dollari aiuterebbe a confermarlo.

Death spiral for privacy coins? Crypto exchange Bittrex removes Monero, Zcash and Dash

Crypto exchange Bittrex announced on December 29th that it would remove the US markets for three of the largest privacy coins by market capitalization – and that already on January 15th, 2021. Then Monero, Zcash and Dash will no longer be tradable on the portal .

Bittrex writes that users have 30 days to withdraw their coins:

„After the markets are removed, Bitcoin Supreme review generally tries to give users up to 30 days to withdraw any delisted tokens, but in certain cases the withdrawal period can be shortened. Users should withdraw all tokens before the published withdrawal period. “

A reason for the delisting was not given. Larry Cermak, director of research at The Block, speculates that the delisting may be in response to anti-money laundering (AML) regulations.

According to Bloomberg, all virtual asset service providers (VASPs) must collect information about their customers and the recipients of funds and send this data to the recipient’s service provider with each transaction. With coins that are geared towards privacy, this requirement can be difficult or even impracticable.

Because the FATF (Financial Action Task Force) recognizes cryptocurrency exchanges as VASPs, they are essentially adhered to the same standards that banks and other financial service providers have. The new standards, released on Friday June 21st, are the officialization of the FATF proposal made in early February.

The controversial rule has not been well received by the crypto industry as, as mentioned, many crypto exchanges and wallet providers are unable to collect and send the data required by the FATF

In order not to be targeted by the authorities, the exchanges could remove the respective coins from trading as a precaution.

In response to the announcement on Friday night’s Bittrex Twitter account, Monero, Zcash, and Dash prices all fell in the 7-15 percent range.

It remains to be seen how this situation will develop. Will there be a death spiral for privacy coins because exchanges expect the legislature to crack down?

This billionaire explains why Bitcoin (BTC) is „the best investment there is“.

Bitcoin is packed with qualities

In November, billionaire Ricardo Salinas Pliego revealed that he had no less than 10% of his cash portfolio in Bitcoin. Today, he tells us that he intends to HODLER his BTCs for quite some time, as it is one of the best investments for him.

A universal means of payment, but not that

Ricardo Salinas Pliego is the second richest man in Mexico. He is the founder of Grupo Salinas, which covers a wide range of sectors, from telecoms to media and financial services.

In an interview with the crypto-media company Cointelegraph, he discusses his investment in Crypto Profit and explains the reasons for his choice.

First of all, we learn that his interest in the king of cryptos is not new. The billionaire explains having bought his first Bitcoin in 2013, for the modest sum of 200 dollars at the time. He was thus one of the very first investors in what is today the famous Grayscale investment fund, created that year.

What attracted the businessman to Bitcoin at that time was that digital assets could be „traded freely around the world“.

After accumulating several units of what he calls his „best investment,“ Ricardo Pliego sold his Bitcoins in the previous bull market of 2017, when the price of BTC reached $17,000.

A „precious“ store of value

The billionaire has since bought back bitcoins in greater numbers and at lower prices, and plans to keep them for a while longer:

„I want to sit on it [my BTCs] for another 5 or 10 years. »

And Ricardo Pliego has another good reason for this, because in addition to facilitating and speeding up payments around the world, the billionaire understood that Bitcoin was a „truly valuable reserve of value“ in the face of the inflation of state currencies :

„What is happening in Venezuela, Argentina, where fiat money is collapsing, has become a scandal. The way you see those wheelbarrows of Venezuelan banknotes being thrown into the dumpsters. It really opens your eyes to the problem of fiat money. »

The last undeniable Bitcoin bonus cited by the rich businessman: the king of cryptos cannot be „confiscated as easily“ as fiat coins.

So many good arguments that made Ricardo Salinas Pliego a convinced HODLer of Bitcoin. Indeed, the latter seems to completely consider Satoshi Nakamoto’s invention as a perfect way to protect himself from governments and their inconsiderate acts in the field of monetary printing.

But who owns this million bitcoins (BTC)? Faketoshi still on the grill of US justice

Explosive trial in sight – The Kleiman v Craig S. Wright case will soon be tried before a jury , despite all attempts by the accused to avoid it. The one who proclaimed himself as Satoshi Nakamoto (luckily?) Managed to avoid reading messages calling him a “fraud” and a “liar”.

Endless litigation for imaginary bitcoins?

Ira Kleiman has been on trial with Craig Wright since February 2018. He is the brother of the late David Kleiman , a former partner of Wright. Ira is asking for half of the 1.1 million bitcoins her brother supposedly mined before 2013 with Wright’s help.

Without going into the many details and twists of this nearly 3-year-long affair, Craig Wright claims to have (finally) received the keys to access what would be equivalent to nearly $ 20 billion in bitcoins .

Craig Wright Bitcoin Faux Satoshi

However, this amount remains very theoretical for the moment. Indeed, some addresses supposed to contain Wright’s BTC – addresses given by Wright – turned out to belong to others, who left him a message.

These messages, signed on the Bitcoin Pro review by the real owners of the private keys , did not contain only courtesies against the one who is nicknamed Faketoshi. Very far from it even!

„Prejudicial“ remarks that risk influencing the jury

We therefore come back to the last judicial document in this case, published on November 16 by the Court of the Southern District of Florida .

Among the experts called to testify at Craig Wright’s trial, which is scheduled to begin in January , is expected to be Andreas Antonopoulos , author of well-known books on Bitcoin.

He was to read aloud , in front of the jury, the contents of 145 of the signed blockchain messages mentioned above, which all included the same text:

“Craig Steven Wright is a liar and a fraud. He does not have the keys used to sign this message (…) We are all Satoshi. „

AMD Radeon RX 6800 kan bringe Cryptocurrency Boom tilbake

Et rykte har dukket opp på nettet som tyder på at Radeon RX 6800 GPU kan tilby mye bedre ytelse i kryptovaluta-gruvedrift enn Nvidias toppmoderne GeForce RTX 3090.

En bruker av nettstedet Lean QQ sosiale nettverk antyder at AMDs nye grafikkort, Radeon RX 6800, er opptil 50% bedre enn GeForce RTX 3090 når det brukes til kryptokurvedrift (via VideoCadrz). Dette er ganske overraskende rykter, med tanke på det faktum at vi snakker om en svakere GP-modell (uten XT-suffiks).

„AMD 6800 er endelig her. Standard gruvedriftytelse er forbløffende – den nådde 1,5 ganger ytelsen på 3090 eller mer. Jeg antar at ingen av dere vil kunne kjøpe dette brikkesettet … hvilke tester vil du ha å se ?, spør Internett-bruker.

Det er verdt å merke seg at ikke alle er enige i utsagnene ovenfor – for eksempel hevder en av brukerne av Tieba Baidu forum, som angivelig eier en kopi av Radeon RX 6800 XT, at det Lean sier er rett og slett ikke sant.

For nå vet vi ikke hvordan fakta er – vi må vente på uavhengige referanser (Radeon RX 6800 og RX 6800 XT vil debutere 18. november).

Hvis ryktet viser seg å være sant, vil det bety at AMDs GPU er i stand til å generere opptil 5 dollar om dagen (i tilfelle RTX 3090 er det 3,41 dollar, med data fra Nicehash). Men det er ikke alt, fordi vi må huske prisforskjellen mellom de to GPUene. Radeon RX 6800 koster $ 579, og den kraftigste GeForce er priset til $ 1499 (som begge er veiledende utsalgspriser i USA).

En slik høy kostnadseffektivitet for brikkesettet kan forårsake en annen vanvidd for kryptovaluta-gruvedrift, og kan påvirke tilgjengeligheten og prisene på GPUer negativt. Å få tak i en GeForce RTX 3000 grenser som mirakel til mirakel akkurat nå, og mange forventer at det samme vil skje med de nye Radeons – selv uten enda en kryptokurverfeber.

Bitcoin Cash Hard Fork: Hvad du behøver at vide

Bitcoin Cash er klar til en netværksopgradering i denne måned. Her er hvad opgraderingen medfører, og hvad det betyder for kryptosamfundet.

Bitcoin Cash er klar til en netværksopgradering den 15. november 2020.

En BCHN-version af opgraderingen inkluderer et nyt og ukontroversielt minesystem

Bitcoin ABC-udviklingsteamet har foreslået en alternativ opgradering, der også omdirigerer 8% af minedriftens belønninger.

Bitcoin Cash-blockchain er indstillet til at gennemgå en omstridt netværksopgradering i denne måned, der muligvis deler mønten i to – og ikke for første gang .

Den foreslåede opgradering, i det mindste for BCHN-versionen, introducerer en ny minedriftsalgoritme og er bredt accepteret. Alligevel blev talsmænd for mønten, der ligger på femte plads globalt, overrasket, da Bitcoin ABC-udviklerholdet foreslog en alternativ opgradering, der tilføjede et yderligere element, der ville aflede 8% af blokbelønningerne væk fra Bitcoin Code minearbejdere.

Deltag nu

ABC-holdets forslag, betegnet „Bitcoin ABC“, ville lægge pengene i hænderne på sit eget udviklingsteam. Ideen er ikke noget nyt; privatlivsmønt Zcash har haft en lignende fond i mange år. Imidlertid så dem i Bitcoin Cash-samfundet dette som et pengegreb og følte, at det stred mod møntenes decentrale etos.

“At omdirigere en del af #BitcoinCash-blokbelønningen for at betale et enkelt udviklingsteam er en central planlæggeres drøm, der er i sovjetisk stil. Stop, ”sagde Ver i et tweet i august.

Simple Ledger Protocol, en protokol, der tillader udstedelse af sikre tokens på Bitcoin Cash blockchain, sunget en lignende melodi. „Vi betragter ikke en protokol, der omdirigerer coinbase-belønninger, som Bitcoin Cash (BCH), især når en sådan regel blev annonceret ensidigt,“ sagde en talsmand for protokollen i et blogindlæg .

Netværksopgraderingen er indstillet til 15. november, og det mest sandsynlige scenario er, at flertallet af minearbejdere vil støtte BCHN-versionen i modsætning til ABC-holdets version, hvor ABC-versionen bliver en mindretalskæde. Dette er et koncept kendt som „splitting“, når en blockchain-opgradering viser sig splittende, og blockchain bliver to separate kæder, hver med deres egen værdi.

Institute of Construction Technology of Catalonia applies blockchain in business certification

They seek to combat certificate forgery through blockchain and IoT technology

In Spain, the Institute of Construction Technology of Catalonia (ITEC) has signed an agreement with the company Signeblock for the application of blockchain technology to the business certification services required for compliance with national and European legislation and manufacturing standards in the construction sector. They informed Cointelegraph in Spanish, through a press release.

The aim is to combat the falsification of these certificates through blockchain technology and IoT (internet of things) that allows to establish the flow of the traceability of the different certificates, turning them into armoured carriers of their own information.

According to the statement of Bitcoin Pro, this is a major step forward in fraud prevention, which is carried out through the modification of certificates. „It contributes to transparency in the issuance of authentic certificates, with full legal certainty,“ they said.

The objective of ITEC is the generation and transfer of information and the provision of technological services for the improvement of the competitiveness of the agents of the construction sector: professionals, companies and entities.

About ITEC

The Institute of Construction Technology of Catalonia (ITEC) is a private, non-profit foundation that carries out research, design and development of technology-based products and services for the construction sector. It was created in 1978 and is listed in the Registry of Foundations of the Government of Catalonia.

About Signeblock

Signeblock is a firm specialized in the digital transformation of companies through technologies such as IoT, Artificial Intelligence, Blockchain, Cloud and data Analytics.