Fifteen years after Laszlo Hanyecz paid 10,000 bitcoin for two Papa John’s pizzas worth $41, that transaction is now valued at $1.1 billion as the global crypto community celebrates Bitcoin Pizza Day on May 22. From $41 to $1.1B: Bitcoin Pizza Day Marks 15th Anniversary of Historic Crypto Transaction On May 22, 2010, Florida-based programmer […] Original
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Bitcoin’s New All-Time High Pushes Market Value Past Amazon
Bitcoin’s new all-time high on May 22 briefly pushed its market capitalization above $2.2 trillion, allowing the cryptocurrency to overtake Amazon and drive the total crypto market past Microsoft’s market capitalization of $3.39 trillion. Bitcoin’s 7-Day Gain Approaches 10% On May 22, bitcoin’s market capitalization briefly surpassed the $2.2 trillion mark after the top cryptocurrency […] Original
BNB Rally To All-Time High Grows Strong, But This Crucial Zone Must Hold
BNB weekly chart is catching attention after market analyst UniChartz noted that the cryptocurrency exhibits strong upward momentum, supported by the crucial technical 50-week Exponential Moving Average (EMA). This moving average has been tested multiple times, but continues to act as solid, dynamic support, preventing deeper pullbacks and maintaining the structure of the current uptrend. Support Flips Bullish: Former Resistance Now Fuels Rally In the post on X, UniChartz emphasized a critical development in BNB’s recent price action. He pointed out that the asset has broken above a long-standing descending…
OKX launches xBTC following new Bitcoin all-time high at $111k
Major crypto exchange OKX will be launching wrapped Bitcoin asset, xBTC, as well as related yield products. BTC recently broke through a new all-time high, surpassing $111,000. According to the official announcement, xBTC is a wrapped token that is pegged on a 1 to 1 ratio with the largest cryptocurrency by market cap. Users can start simultaneously depositing and withdrawing xBTC on May 22 at 3:00 AM UTC. The product will be initially available on three major chains, including Solana (SOL), Sui (SUI), and Aptos (APT). xBTC is fully managed…
Bitcoin reaches new all-time high above $111K
During early Asian trading hours on Thursday, May 22, Bitcoin surged more than 4% from its peak of $109,800 on Wednesday to reach a new all-time high of $111,544. The milestone follows a brief dip to $106,000 and shows growing investor appetite for alternative assets amid rising macroeconomic uncertainty. The immediate catalyst appears to be the weak demand in the U.S. Treasury’s $16 billion 20-year bond auction on May 21. Investors pushed for lower prices, which in turn drove bond yields above 5.1%. In bond markets, yields and prices move…
Bitcoin All-Time High Propels It Past Amazon, Google To 5th Place Among Global Assets
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On May 21, Bitcoin (BTC) achieved a remarkable milestone, reaching a new all-time high (ATH) near the $110,000 mark. This surge was fueled by significant buying pressure, elevating Bitcoin’s market capitalization to over $2.1 trillion. As…
Bitcoin Price Blasts to New All-Time High — Bulls Take the Lead
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin price started a fresh increase and traded to a new all-time high above the $109,000 zone. BTC is now consolidating and might aim for an increase toward $112,000 Bitcoin started a fresh upward move from the $106,000 zone.…
Why did Bitcoin just hit an all-time high?
Bitcoin surged past $110,000 on Wednesday evening, setting a new all-time high as crypto rallied hard. The previous peak for Bitcoin (BTC), reached during President Donald Trump’s inauguration in January, was surpassed in late morning trading, according to crypto.news data. The buying momentum sustained after U.S. equity markets closed with the largest cryptocurrency by market cap pushing above $110,000. Bitcoin has gained more than 4.5% in the past 24 hours and over 23% in the last month, reflecting a sharp reversal from April’s downturn. U.S. equities The rally mirrors the…
Australian regulator asks High Court to allow appeal in Block Earner case
Australia’s financial regulator will seek the High Court’s permission to appeal a lower court’s ruling favoring fintech firm Block Earner, which found the company’s crypto-linked fixed-yield earning service is not a financial product. The Australian Securities and Investment Commission (ASIC) said on May 21 that it wants to ask the High Court of Australia to clarify what the definition of a financial product is and clarify the circumstances when an interest-earning product and conversion of assets from one form to another are regulated. “The definition of financial product was drafted…
BTC Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
Bitcoin’s surge to a fresh all-time record on Wednesday ran into a brick wall just below $110,000. After hitting a record of $109,754, BTC quickly fell to about 3% to the $106,000 area. At press time, the top cryptocurrency was trading just above $107,000 according to CryptoX’s Bitcoin Price Index, modestly lower over the past 24 hours. Other cryptocurrencies took a hit as well, with ether and solana also slightly lower over the last day despite the early Wednesday run higher. The reason behind the price action may be as…