Coindesk

Bitcoin (BTC) Pizza Day is here and it just got its most fitting tribute yet: a new all-time high.Bitcoin surged past $111,800 early Thursday, setting a fresh record. 15 years ago on this day developer Laszlo Hanyecz paid 10,000 BTC for two Papa John’s pizzas, then worth roughly $40.The May 22, 2010, purchase marked the first recorded commercial transaction using BTC, a turning point that took the asset from cypherpunk code to actual currency.That same 10,000 BTC can buy over 70 million pizzas at current prices. It is worth over $1.1 billion as of Thursday.Hanyecz has long shrugged off the missed fortune” tag, telling CBS in 2019 that the transaction made bitcoin “real” to him. He mined the coins back...

Bitcoin's (BTC) price has surged to record highs, sparking optimism among investors. However, expected hedging activities of market makers/dealers, often an invisible force, at certain price levels, may slow the ascent.The leading cryptocurrency topped the $111,000 mark during the Asian hours, with analysts anticipating stronger demand."The OTC supply may be drying up, driving up prices. This would not be reflected in exchange trading volumes or the derivatives market. If this is the case, get ready for a wild ride, as more demand is coming on board with a competitive bitcoin corporate treasury environment and, perhaps, a less elastic OTC spot market," Alexander S. Blume is the founder and CEO of Two Prime, an SEC-Registered Investment Advisor, said in a Telegram chat.Blume...

SHIB's remarkable resilience during the recent trading session demonstrates growing investor confidence despite market turbulence. The token's ability to recover from a sudden drop to 0.0000143 with extraordinary volume support suggests institutional accumulation rather than retail panic. With the psychological support at 0.000015 holding firm and multiple tests of upper resistance, SHIB appears poised for potential continuation of its upward trajectory if current accumulation patterns persist.Technical Analysis HighlightsSHIB demonstrated remarkable resilience over the 24-hour period, climbing from 0.0000146 to 0.0000150, representing a 2.85% gain with a range of 0.00000081 (5.64%).The token experienced significant volatility at 17:00 when price plummeted to 0.0000143 before finding strong volume support. A massive 2.83 trillion volume spike—nearly 4x the average—provided crucial support during the recovery...

As President Donald Trump's biggest memcoin buyers such as Tron founder Justin Sun bask in his attention over dinner on Thursday, Democratic lawmakers and advocacy groups have arrayed a series of protests and complaint sessions to decry the president's crypto event as fundamentally corrupt.Trump will host his dinner for more than 200 of his leading memecoin investors, whose money will fill the coffers of the president's own business entities. They've reportedly been invited to his capital-area golf course, the Trump National Golf Club Washington, D.C., outside of which the memecoin buyers may encounter protesters.Some of the counter-programming for his dinner will start earlier in the day in front of the Capitol Building. At 12:45 p.m., Representative Maxine Waters, the top...

Prosecutors have charged Jeremy Jordan-Jones, the self-styled founder of a now-defunct crypto startup called Amalgam, with fraud, alleging that he swindled investors in his “sham blockchain” of more than $1 million, using the money to fund a lavish lifestyle.According to prosecutors, Jordan-Jones painted Amalgam as a tech company that created blockchain-based point-of-sale payment systems, which he claimed had multi-million-dollar partnerships with sports teams including the Golden State Warriors and a professional soccer team in England’s Premier League, as well as a big restaurant conglomerate with more than 500 restaurants. None of these partnerships existed, prosecutors said. Jordan-Jones also allegedly solicited investments from would-be investors by telling them the money would be used to facilitate the listing of Amalgam’s non-existent crypto...