On May 22, 2010, Laszlo Hanyecz made the first known commercial bitcoin transaction by buying two pizzas for 10,000 BTC, worth just $41 at the time. This event proved bitcoin's real-world use and sparked its price discovery, transforming it from a niche digital token to a major financial asset. Today, those bitcoins are worth over $770 million, making the transaction a legendary symbol of bitcoin's growth and the crypto revolution. Bitcoin Pizza Day is celebrated annually as a reminder of bitcoin's journey from an experiment to a global financial phenomenon.
Samson Mow, a Bitcoin maximalist, criticized Zcash's 1,000% year-to-date price surge as artificially inflated and unsustainable. He argues that the market lacks enough speculative capital to maintain Zcash's high valuation and expects a major correct...
ChatGPT's AI analysis forecasts Bitcoin to reach around $97,000 by Halloween 2026, up from about $85,962 in early October 2024. The prediction is based on factors like growing ETF demand, institutional accumulation, and Bitcoin's historical strong pe...
The US Dollar Index reached an 18-month high of about 102.5, driven by rising US interest rates and political uncertainties in Europe, notably Spain's snap election and France's fiscal concerns. The euro dropped to a 17-month low against the dollar, ...
Bitcoin rose 1% to just above $86,000 following a weaker-than-expected US jobs report, which showed only 29,000 jobs added in September versus the anticipated 84,000. The report also revealed a rise in unemployment to 4.2% and slower wage growth, sug...
Cardano's ADA surged 10% in 24 hours to over 27 cents, its highest level since May, outperforming Bitcoin and Ether which rose modestly. The rally is likely driven by excitement around Cardano's new RealFi institutional credit product offering up to ...
