In May 2010, a historic event took place: the first-ever exchange of bitcoin for physical goods. Laszlo Hanyecz, an early bitcoin enthusiast and contributor, paid 10,000BTC for 2 Papa John's pizzas. This transaction is now both mocked and celebrated, with some considering it a wasteful use of what would later become a valuable asset worth over half a billion dollars, while others see it as a pivotal moment in bitcoin's history. This event is commemorated as Bitcoin Pizza Day on May 22.

At that

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion.

Tether’s Strategic Shift: Profits to Fuel Bitcoin Acquisition

Tether, the company behind the crypto economy’s largest stablecoin asset, has unveiled its strategic vision to acquire bitcoin (BTC) using its profits. “Starting this mo

Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today’s session.

Dogecoin (DOGE)

Dogecoin (DOGE) was able to climb to a one-week high in today’s session, despite markets mostly trending lower.

Following a low of $0.07177 on Tuesday, DOGE/USD raced to an intraday high of $0.07422 earlier in the day.

Today’s rally saw dogecoin clim

Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out of cash on June 1. Ethereum also dropped, breaking out of the $1,800 level.

Bitcoin

Bitcoin (BTC) moved below the $27,000 level on Wednesday, following yesterday’s U.S. Retail Sales report.

BTC/USD moved to a low of $26,785.41 earlier in today’s s

On January 3, 2009, Satoshi Nakamoto mined the Genesis Block on a small server in Helsinki, Finland, and received a reward of 50 bitcoins, which marks the beginning of crypto mining.

From CPU to ASIC

In Satoshi Nakamoto’s initial vision, BTC mining could be performed using CPUs installed on PCs. During its infancy, Bitcoin remained obscure and offered no value.

It wasn’t until 2010 when Bitcoin enthusiast Laszlo Hanyecz argued that GPUs could perform more computations per second than CPUs a

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens.

Bitcoin Users Issued More Than 10,000 New BRC20 Tokens In a Permissionless Fashion in 4 Days

Bitcoin is embracing functionalities that were previously synonymous with the Ethereum blockchain,

Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is currently down by 1.28%, as overall market uncertainty remains high. Apecoin also rallied, extending recent gains.

Litecoin (LTC) Litecoin (LTC) was once again in the green, as the token rose for a third consecutive session.

LTC/USD surged to a peak of $89.68 in today’s session, after starting the week at a low at $86.42. T

uesday’s rally has seen litecoin

On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in fees by confirming inscription transactions which equate to roughly $35.86 million in added onchain fees.

Bitcoin’s Inscription Frenzy: Over 7 Million Ordinal Inscriptions and Counting

The unstoppable momentum of Bitcoin’s Ordinal inscriptions contin

Bitcoin was back in the green on Monday, as prices climbed back above the $27,000 level to start the week. Prices slipped to a two-month low over the weekend, however momentum has marginally shifted. Ethereum was also higher today.

Following a low of $26,762.25 on Sunday, BTC/USD raced to an intraday peak of $27,521.62 earlier in today’s session.

The move saw the world’s largest cryptocurrency continue to move away from a floor at $26,500, and a recent two-month low.

Monday’s rise in pri

Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the preceding week. The cumulative value of NFT sales amounted to $149.31 million from April 29 to May 6, 2023. Nevertheless, the most recent week exceeded anticipations, as sales skyrocketed by 31.22%. Throughout the seven-day interval, NFT sales attained $208.17 million. The substantial rise in this week’s NFT sales can be credited to the appearance of NFTs originating fro