Connect with us

Crypto

What is Bitcoin Pizza Day? Here’s why it arguably celebrates the world’s most expensive pizzas

Published

on

What is Bitcoin Pizza Day? Here’s why it arguably celebrates the world’s most expensive pizzas

It is Bitcoin Pizza Day again, which lands on May 22 every year.

The day was coined after Laszlo Hanyecz, who in 2010 bought two Papa John’s pizzas using 10,000 bitcoin
BTCUSD,
+0.00%,
in the first widely known bitcoin transaction to take place.

The price of bitcoin was worth less than a penny in 2010, and the purchase was worth around $41 at the time. But what makes the day notable is that it was the first time a virtual cryptocurrency had been used to purchase an item in the real world.

Over the years, bitcoin enthusiasts have been trying to expand use cases of the crypto and the Bitcoin blockchain. They touted bitcoin as a hedge against the existing monetary system and a potential “safe haven.” Developers have also recently enabled issuance of non-fungible tokens and meme tokens on the Bitcoin network.

Today, one bitcoin is worth slightly below $27,000, according to CoinDesk data, which means that if Hanyecz had kept the bitcoin, instead of using them to buy the pizzas, the coins would be worth almost $270 million.

Advertisement

Bitcoin has rallied more than 60% so far this year, but it is still down more than 60% from an all-time high of $68,990 in November 2021.

Bitcoin’s price peaked in November, 2021.


MarketWatch photo illustration/iStockphoto

Over the years, Hanyecz has been interviewed by media outlets on his purchase, and whether he has any regrets. In a 2018 interview with CoinTelegraph, he said he doesn’t regret it, and that “it is great” that he got to be a “part of the early history of Bitcoin in that way.” His purchase was one of the key moments in what became a controversial and notable cryptocurrency over the next decade.

Over the years, notable figures have shown support, as well as skepticism around the cryptocurrency. Hedge fund billionaire Ray Dalio has consistently questioned why people are more inclined to invest in bitcoin than gold, while Warren Buffett has doubled-down on his views that investing in crypto and bitcoin is nothing but a gamble.

Still, bitcoin’s proponents are equally as vocal. Michael Saylor, CEO and co-founder of MicroStrategy, has often publicly challenged bitcoin’s biggest critics, including Charlie Munger, saying that they haven’t taken the time to study it.

Advertisement

Over the past few years, there have been more discussions around regulating cryptocurrencies, with Gary Gensler calling bitcoin a commodity several times.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crypto

6 Must-Read Cryptocurrency Predictions For 2025

Published

on

6 Must-Read Cryptocurrency Predictions For 2025

2025 is shaping up to be a make-or-break year for crypto, and analysts have made some pretty bold predictions for Bitcoin and top altcoins.

There is a growing consensus among analysts and investors that 2025 will be mostly bullish. With this in mind, these industry players have made bold predictions of where they believe Bitcoin and altcoins will be worth before year-end. 

Below, we break down six must-read crypto forecasts from analysts from top crypto analysis platforms like VanEck, Ark Invest, Forbes, and Investing.com.

What to Expect From Bitcoin and Crypto Markets in 2025 – Investopedia

In this post, experts from Investopedia provide insights on what they believe Bitcoin will be worth before the end of the upcoming bull cycle

It then explores the impact that a Trump presidency will have on the price of the legacy crypto. These analysts also explore the factors that will have the biggest impact on Bitcoin prices. 

Advertisement

They conclude by discussing the possibility of a Bitcoin rally spilling over to altcoins.

VanEck’s 10 Crypto Predictions for 2025 – VanEck

In this long post, VanEck’s Head of Digital Asset Research, Mathew Sigel, and Senior Investment Analyst for Digital Assets, Patrick Bush, take a dig at the expected performance of the larger crypto market

They talk about the crypto market bull run peaking in Q4 2025. They also discuss the expected performance of stablecoins, tokenized securities, Bitcoin Layer-2s, Ethereum, dApp tokens, DeFi coins, and the NFT market.

10 Best Cryptocurrencies To Invest In May 2025 – Forbes

This post discusses what Forbes’ editors Nikita Tambe and Aashika Jain believe to be the best digital currencies to buy in May 2025. Some of the coins discussed here include Bitcoin, Ethereum, XRP, Solana, and Binance Coin.

15 Cryptocurrency Forecasts For 2025 – InvestingHaven

You should also take a peek at our predictions of what we believe to be the 15 best cryptos worth buying in 2025. 

Advertisement

This in-depth forecast uses the help of crypto charts to indicate the most likely price direction of Bitcoin and top altcoins. Our predictions are guided by a closer look at both technical indicators and each coin’s fundamentals.

ARK’s Price Target For Bitcoin In 2030 – Ark Invest

Ark Invest has made one of the boldest predictions for Bitcoin. They expect to peak between $300,000 and $710,000 by year-end before rallying to $1.5 Million by 2030. 

In this post, Ark Invest’s David Puel unpacks the “modeling methodology and assumptions supporting those price targets.”

Bernstein makes 10 predictions for 2025 as crypto enters its ‘Infinity Age’ – The Block

Earlier in the year, analysts at Bernstein Research brokerage firm made 10 crypto predictions for 2025

Advertisement

In here, they reiterate the conviction that Bitcoin will break above $200,000. In the note to clients, they argue that 2025 will kick off what they describe as the infinity age for the crypto industry. 

They also explain some of the factors that they believe will fuel the market’s uptrend.

Crypto Predictions 2

Conclusion

The key takeaway from these crypto forecasts is that 2025 will be a pivotal year for the crypto industry. It, however, is important to note that no one can predict the future with absolute certainty. 

That said, staying informed about expert forecasts can keep you informed and give you a strategic edge over other investors. But as always, do your own research before investing in any digital currency. 

Checkmark

Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

Advertisement
Checkmark

0% commission on stocks – buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

Checkmark

Copy top-performing traders in real time, automatically.

Checkmark

eToro USA is registered with FINRA for securities trading.

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to
be protected if something goes wrong. Take 2 mins to learn more.

Gain Instant Access to the World’s First Blockchain Investing Research Service — Actionable Crypto Alerts, Built on 15+ Years of Market Experience

Discover market-moving insights and exclusive crypto forecasts powered by InvestingHaven’s proprietary 15-indicator methodology. Join smart investors using our premium alerts to stay ahead of the curve—before the big moves happen.

This is how we are guiding our premium members (log in required):

Advertisement
Continue Reading

Crypto

French police detain twenty suspects over cryptocurrency kidnappings

Published

on

French police detain twenty suspects over cryptocurrency kidnappings
ADVERTISEMENT

French police have arrested around 20 people alleged to have been involved in a recent spate of kidnappings and kidnapping attempts against cryptocurrency bosses and their families.

The arrests took place on Monday and Tuesday, according to media outlet Franceinfo.

French media reported that half a dozen suspects were taken into custody on Tuesday in connection with the attempted kidnapping of the daughter of cryptocurrency boss Pierre Noizat earlier this month.

The attack, which took place in broad daylight on 13 May, shocked France. Assailants were filmed trying to kidnap Noizat’s pregnant daughter, who was out for a walk with her partner and their child.

Tuesday’s arrests came after a dozen other people were detained in the commune of Couëron, near the western French city of Nantes, on Monday.

Advertisement

In response to the increasing number of violent attacks against cryptocurrency professionals and their families, French Interior Minister Bruno Retailleau convened an emergency meeting with industry leaders in mid-May.

During the meeting, Retailleau outlined ways of ensuring their security, including a plan to give them access to special emergency contact numbers.

“These serial kidnappings will be combated with specific tools, both immediate and short-term, to prevent, deter and hinder in order to protect the industry,” Retailleau said after the meeting.

“The entire state apparatus is fully mobilised to track down the perpetrators and instigators of this violence and put them out of action”, he added.

Advertisement
Continue Reading

Crypto

NR7 Miner launches real-time mining protocol optimization and exclusive yield boosting campaign

Published

on

NR7 Miner launches real-time mining protocol optimization and exclusive yield boosting campaign

Dynamic Mining Just Got Smarter – New Contracts and Limited-Time Offers Now Live.

Norfolk, United Kingdom, May 26, 2025 (GLOBE NEWSWIRE) —

In a bold move to stay ahead of the ever-evolving crypto landscape, NR7 Miner has officially launched its Dynamic Chain Optimization System—a powerful upgrade that intelligently adjusts mining protocols in real time to maximize profitability. This new system ensures users are always mining on the most efficient and rewarding network, eliminating the issue of invalid or wasted computing power. To celebrate this cutting-edge launch, NR7 Miner is also rolling out brand-new short-duration mining contracts tailored for fast returns, along with the limited-time

“Miner’s Midday Boost” event, designed to give users a powerful earnings upgrade during peak daily periods. These updates arrive just as Bitcoin trends toward a potential $180,000 high by year-end, making it a crucial moment for both new and veteran users to optimize their passive income strategies with minimal effort and maximum efficiency.

What is cloud mining?

Advertisement

Cloud mining is an effective method that makes cloud mining a remote mining of cryptocurrencies, including Bitcoin mining. With this method, you can make cloud mining profitable in the following ways: borrow the mining power of cloud mining companies and avoid personal investment in hardware and maintenance; use powerful computers to access large mining farms, tirelessly solve crypto puzzles and receive cryptocurrency rewards.

NR7 Miner: Where laziness meets profit

NR7 Miner takes the simplicity of cloud mining to the highest level, making it perfect for newbies. The platform’s user-friendly interface ensures that even cryptocurrency novices can navigate with ease. For NR7 Miner, laziness is not a weakness; it’s the path to success. As a pioneer in providing cloud mining services, NR7 Miner has more than 100 mining farms around the world with more than 100,000 mining rigs, all powered by new energy and renewable cycles. With its stable income and security, it has won the recognition of more than 9 million users.

Advertisement

Incredible Earning Opportunities

What sets NR7 Miner apart is its extraordinary daily passive income. Offering the opportunity to earn $10,800 or more per day, NR7 Miner enables users to realize their dreams of getting rich online. Imagine earning a substantial income without constant effort or complex setup – that’s what NR7 Miner offers.

Safety and Sustainability

In the world of mining, trust and security are crucial. NR7 Miner understands this and puts user safety first. NR7 Miner is committed to transparency and legality, ensuring that your investment is protected, allowing you to focus on making profits. All mines use clean energy electricity, making cloud mining carbon neutral. Renewable energy prevents environmental pollution and has super high returns, allowing every investor to enjoy opportunities and benefits.

NR7 Miner Platform Advantages:

Advertisement

1: Cutting-edge equipment: We use mining equipment provided by top mining machine manufacturers such as Bitmain, Antminer, and Giant Energy Combination Miner to ensure the stable operation and efficient production capacity of Bitcoin miners.

2: Legality and global audience: The platform was legally established in the UK in 2020, protected and issued by the UK government, and has attracted more than 8.5 million real users worldwide with cutting-edge technology.

3: Intuitive interface: The platform’s user-friendly interface ensures that even cryptocurrency novices can easily navigate.

4: Supports a variety of popular cryptocurrencies: such as DOGE, BTC, ETH, USDC, USDT, BCH, LTC, XRP, SOL, etc. for settlement.

5: Stable income: The contracts launched by the platform generate income every 24 hours, and the principal will be automatically returned after the contract expires.

Advertisement

6: Professional team: The platform has an experienced IT team and 24/7 real-time customer service team support to ensure that users can solve problems in time.

7: Affiliate program: allows you to refer friends and get up to $25,000 in referral bonuses.

How to join NR7 Miner:

1: Register now to get a $12 bonus ($0.50 for daily check-ins).

2: Choose a contract: After successfully registering, the next step is to choose a mining contract that suits your goals and budget. NR7 Miner offers a variety of contracts to meet different needs, whether you are a beginner or an experienced miner. Take a close look at the available options, considering factors such as contract duration, potential returns, and associated costs.

Advertisement

3: Start Profiting: Once you have selected and activated your mining contract, you can sit back and let the system do the work for you. NR7 Miner’s advanced technology ensures that your mining operations run efficiently, maximizing your potential earnings.

New Contracts:

Contract Types Contract Amount Contract Date Daily income Total Profit
Newbies Contrac $100 2Days $3.5 $107
Classic Contrac $500 5Days $6.35 $531.75
Classic Contrac $1,200 10Days $15.96 $1,359.6
Advanced Contrac $3,000 20Days $42.3 $3,846
Advanced Contrac $5,000 30Days $76 $7,280
Super Contrac $50,000 45Days $990 $94,550

In Short

If you are looking for ways to increase your passive income, cloud mining is a great way to do it. If used properly, these opportunities can help you grow your cryptocurrency wealth in “autopilot” mode with minimal time investment. At the very least, they should take less time than any type of active trading. Passive income is the goal of every investor and trader, and with NR7 Miner, you can maximize your passive income potential more easily than ever before.

If you want to learn more about NR7 miner, please visit its official website: https://nr7miner.com

Advertisement

APP quick download: https://www.nr7miner.com/download/

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

Name: Michael Brown

Email: info@nr7miner.com

Job Title: Marketing Manager

Advertisement
Continue Reading

Trending