On May 22, the crypto community celebrates Bitcoin Pizza Day. The occasion for the celebration was a remarkable event for the industry when, in 2010, American programmer Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 BTC, which is almost $700 million at current exchange rates.

In honor of this holiday, the largest cryptocurrency exchange Binance is giving away $2,000 among community members and preparing pizza offline. The Gemini exchange also announced a cash contest in which $500 is up for grabs. And the CEO of Tether, Paolo Ardoino, called on this day to share pizza with a friend and be sure to tell about the first cryptocurrency.

It is generally accepted that Laszlo Heinitz spent 10,000 BTC on pizza, but in reality, according to him, he spent much more coins

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Members of the cryptocurrency community did not agree with the hypothesis of the president of the brokerage company Euro Pacific Capital, Peter Schiff, that Bitcoin would become cheaper due to the release of the Ethereum-ETF.

The Bitcoin rate began to strengthen again amid rumors about the likely approval of the Ethereum-ETF. However, the money that goes into the new ETFs will likely come out of the Bitcoin ETF.
People who choose to invest in cryptocurrency will not increase their investment in digital assets to buy an Ethereum ETF,” Schiff said.

In May 2010, Bitcoin (BTC) was worth virtually nothing and was considered worthless. This is probably why on May 18, 2010, programmer Laszlo Haniec offered to exchange 10,000 BTC for pizza. This operation was the first commercial transaction using Bitcoin.

The deal ended on May 22, when the programmer's offer was accepted and in return he received two pizzas from Papa John's.$BTC

There is a possibility of a negative scenario developing, as QCP Capital reasoned. The price may fall below the psychologically important level of $3,000. Especially if there are problems with the launch of ETH-ETF.

In any case, experts at QCP Capital believe that an increase in the volatility of the second largest cryptocurrency by capitalization is inevitable. Regardless of the SEC's decision.

Cumulative open interest in Ether futures reached a record high of $14 billion. Year to date, the figure has increased by 40%, indicating increased interest in trading digital silver.

Criticism from the creator of Dogecoin, Billy Marcus, known in the crypto community under the nickname Shibetoshi Nakamoto, touched upon the massive spread of “malicious advertising” on social networks. Posts or videos with embedded virus programs are designed to hack devices and steal digital coins.

According to Marcus, such advertising not only undermines user trust, but also encourages content blocking, which also hurts legitimate advertisers.

The US House of Representatives has passed a bill that will give the Department of Commerce powers to promote the crypto sector. The bipartisan Deploying American Blockchains Act of 2023 directs the secretary of the department, currently held by Gina Raimondo, to “take actions necessary and appropriate to enhance U.S. competitiveness in blockchain or other distributed ledger technologies.” ".$BTC

A criminal case has been opened against the Beribit exchange for possible fraud.
The victim stated that funds worth 1.1 million rubles (10,910,$USDC USDT) were stolen from him by the Beribit exchange from his personal trading account. A case of probable fraud on an especially large scale was opened against an “unidentified person.”

Earlier, employees of the exchange office in the Federation Tower of the Moscow City complex offered clients to enter into an agreement stating that 100% of each user’s assets would be converted into special digital financial assets (DFA) Beribit. Conversion: 1 ruble – 1 DFA Beribit.

The rate of $ETH ETH jumped by 21% over the last 24 hours, reaching its maximum since April 9 at $3,710. Weekly growth exceeded 25%, and since the beginning of the year the asset has added 60%. Among the top 100 coins by market capitalization, Ethereum was ahead of several assets associated with the blockchain ecosystem in terms of daily profit growth.

These include the native token of the decentralized exchange (DEX) Uniswap (UNI), the decentralized autonomous organization (DAO) governance token of the liquid staking protocol Lido (LDO), as well as the Lido Staked Ether (STETH) token, which is issued to Lido users in exchange for staked coins ETH.

The Venezuelan Ministry of Energy, with the support of security agencies, has begun to enforce a government directive to control electricity consumption and shut down all mining companies. Yesterday, May 20, Venezuelan authorities published a video showing the indicative seizure and confiscation of equipment from a large mining facility in the industrial zone of Valencia.

Price NOT today

The current price of Notcoin is $0.0054778 per (NOT/USD) with the current USD market cap of $593.54M. Trading volume for 24 hours: $172.09M USD. NOT to USD price is updated in real time. Notcoin price has changed +4.43% in the last 24 hours and the circulating supply is 102.72B.

$BTC Notcoin recently gave away its tokens and set a good precedent for attracting new users to the cryptocurrency. On average, each user received from 10,000 to 50,000 $NOT tokens, which are already traded on all top exchanges.

I talked about notcoin at the beta testing stage in my Telegram channel, so everyone who received the information could create many accounts and get more coins! In the first 36 hours after listing, 5 out of 35 million users branded the tokens, and trading volume in the first 24 hours amounted to more than $100 million with a capitalization of 76 billion.$ETH

Thus, with proper marketing, a crypto market is formed. The virality of this kind of project became obvious to many$BNB developers, which led to the emergence of a large number of sneakers, but only one at the moment can repeat the success of the pioneer, since it is already catching up with it in terms of metrics!

Blockchain World Summit will take place in Minsk on June 1

More than 20 industry experts will speak on the main stage of the summit. Startups will make pitches and share their ideas and achievements in front of private investors and funds. Also, as part of the summit, round tables with a limited number of participants will be organized, available only to government and business representatives.
Two exhibition zones will feature stands of leading companies from Belarus and neighboring countries. In the exhibition area you can also find an exhibition of children's drawings from the "Genius Child" studio - a school for teaching abstract drawing to children with subsequent tokenization and placement of objects of children's creativity in metaverse galleries
Game and VR zones will also delight guests and spectators of the summit. Participants will have access to an exhibition of the most modern electric vehicles, including hybrid ones. You will be able to sit in all the cars, and a test drive will also be available (by appointment).

Meme tokens remain leaders in profitability growth, despite the recent correction in the crypto market, experts from the analytical company Kaiko noted in a new weekly report. The profitability of such assets since the beginning of the year has ranged from 80% to 1800%, and the weekly trading volume over the same period increased by 200% and reached $11 billion.

Bitcoin (BTC) opened the week in the green as its price topped $70,000 on May 20, dragging the rest of the cryptocurrency market with it. Apparently, for this reason, artificial intelligence (AI) algorithms made several optimistic price forecasts at once.

BTC Price Prediction In particular, one of the artificial intelligence algorithms, which relies on BTC statistics and technical analysis indicators, predicts that Bitcoin could reach a price of $97,264 on August 1, 2024. This implies an increase of 44.89% from current values.

The Bitcoin (BTC) price has breached the coveted $70,000 mark amid a notable surge in BTC spot buying and Bitcoin exchange-traded fund (ETF) buying, with the cryptocurrency community pondering whether the bull market is just beginning or nearing its peak.
The ELI5 of TLDR analyst suggested that most online indicators are pointing to a nascent bull market, despite some showing topping patterns. The recent bounce from support near $60,000 has sparked increased interest, with Farside Investors reporting inflows of about $950 million last week, a figure not seen since March.

Analysts at the research company Santiment believe that the Bitcoin rate is not showing positive dynamics due to the sale of BTC by small traders. Santiment experts emphasized that last week, when the price of Bitcoin exceeded $67,000, holders of wallets holding less than 0.1 BTC got rid of most of their assets. Traders are selling BTC en masse, which has a negative impact on the price of the first cryptocurrency. At the same time, there is a reduction in the number of crypto wallets with a non-zero balance
According to analysts, crypto whales are buying bitcoins owned by small traders, which is a signal of an upcoming bullish rally in the medium term. However, experts did not provide a forecast of how much the Bitcoin rate could rise in the next few months. Earlier, analysts said that the 90-day correlation coefficient between Bitcoin and the Nasdaq 100 technology index reached 0.46. This is the highest figure since the end of summer 2023.