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Topic: [2024-03-05] Bitcoin's Leap Past $65K Ignites Speculation of Qatari ... (Read 102 times)

legendary
Activity: 2604
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That's interesting because Gulf petromonarchies certainly need to deal with Bitcoin in order to trade with countries under sanctions from USA or Europe, if they want to avoid being monitored by them and boycotted or punished if they find out they're doing business with red flagged countries. But I don't think few purchases by somes emirs from Qatar will be able to trigger and to support a strong bull run like this one by their own.
legendary
Activity: 1554
Merit: 1021
Bitcoin's Leap Past $65K Ignites Speculation of Qatari Billionaire's Big Buy Post-Atlantis Conference

Following bitcoin’s climb beyond the $65,000 mark, social media has been buzzing with discussions about the rumored acquisition of bitcoin by a billionaire from Qatar post the Bitcoin Atlantis conference in Madeira. A sighting of a Qatari jet at the airport subsequent to the Bitcoin Atlantis gathering has caught the public’s attention, with the shared image amassing over 189,000 views.

Rumors Swirl Around Qatari Billionaire’s Bitcoin Move After $65K Breakthrough

On March 4, 2024, bitcoin’s value soared past $65,000, after lingering just below $63,000 the previous day, now nearing its record peak of $69,044 per coin set on Nov. 10, 2021, by a mere 6%. This significant uptick prompted widespread speculation on social media about a wealthy individual from Qatar investing in BTC, sparked by the sighting of a Qatari aircraft post-event.

In response to a query about the impact of Saudi Arabia and Qatar investing their oil and LNG profits into bitcoin, the CEO of Keychainx shared, “Ok, here is some alpha for you. Saw this Qatari private jet at Madeira airport [the] day after Saylor’s talk at [Bitcoin Atlantis], coincidence?” So far, the Keychainx CEO’s post on X has gathered more than 189,000 views.
Photo of the Qatari private jet at Madeira airport that got close more than 189,000 views. Photo shared with Bitcoin.com News by Robert Rhodin, CEO of Keychainx.

Bitcoin evangelist Max Keiser shared a video of El Salvador’s President Nayib Bukele welcoming the Emir of Qatar and said “It’s happening!!” Anthony Scaramucci commented on the matter as well. “Max is saying Qatar may have added bitcoin to their balance sheet,” Scaramucci said. “If true all we can say is thank you Max Keiser.”

Numerous notable BTC enthusiasts have echoed speculations regarding the Qatari jet, a billionaire from Qatar, and the Emir of Qatar’s visit to Bukele. The authenticity of these claims remains uncertain, as they are purely speculative at this point. Nevertheless, this hasn’t halted the spread of rumors and conjecture, with discussions about Qatar and bitcoin dominating social media channels like X and online forums such as Reddit.

Furthermore, an individual has verified the presence of a Qatari private jet at Madeira airport. Speaking with Bitcoin.com News, the CEO of Keychainx, Robert Rhodin, told our news desk that what he saw at the Madeira Airport “might change bitcoin forever.”

“It was not until the early morning of Saturday when I was on my way back with a slight headache from last nights drinking session, I spotted something on the Ronaldo Airport that caught my attention,” Rhodin further explained. “Rumors has been floating around for months that one or two Arab wealth funds or investment firms from the Middle East were secretly buying bitcoin. There is also speculations who is Mr. 100BTC, buying a stable 100 bitcoin every day since November 2022. That individual has been under the radar for a while but has now amassed almost 60,000 bitcoin. It is no longer a small fish.”

Rhodin then added:

Quote
Then walking towards the plane in the morning, I saw a private jet from Qatar ready to take off. I snapped a few pictures and forgot about it.

Source: https://news.bitcoin.com/bitcoins-leap-past-65k-ignites-speculation-of-qatari-billionaires-big-buy-post-atlantis-conference/
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