bitcoin / 326 posts found
Bitcoin Pizza Day! Two Pizzas Bought For 10K BTC On May 22, 2010
Bitcoin You are here: Home / News / Bitcoin News / Bitcoin Pizza Day! Two Pizzas Bought For 10K BTC On May 22, 2010 May 22, 2022 by Lipika Deka It’s Pizza Time! Today marks the world’s first Bitcoin trade- 2 Large Papa John’s pizzas bought for 10,000 BTC, exactly 12 years ago. On May 22, 2010, a programmer named Laszlo Hanyecz from Florida, US never knew that his craving for pizza would go down in history. What’s even more interesting is that he paid 10,000 BTC, which today is worth more than $80 million, for the two pizzas. The road, […]
A Bitcoin and Crypto Bear Market is Great for Building and Investing – Pantera Capital Exec.
Quick take: Paul Veradittakit, a Partner at Pantera Capital, believes that crypto markets have entered a bear market. Mr. Veradittakit believes that bear markets are great for companies to focus on building. Additionally, bear markets are a great time to invest because of favorable valuations. Rich Dad Poor Dad author, Rober Kiyosaki, has reiterated that Bitcoin could drop to $11k and even $9k Pantera Capital’s Paul Veradittakit has predicted that the crypto market selloff of the last few weeks might be the start of a bear market. Mr. Veradittakit is a Partner at Pantera Capital and he pointed out that […]
Chinese Bitcoin Miners Using VPNs as Covert Mining Soars
Reading Time: 2 minutes Chinese Bitcoin mining activity has surged in 2022 Bitcoin mining activity in the country has rebounded to account for over 20% of the global hashrate Some Chinese miners have been using VPNs to hide their location since the May 2021 ban Chinese Bitcoin miners may have officially been banned from operating in the country, but this doesn’t seem to have stopped them. Recent data from the Cambridge Centre for Alternative Finance (CCAF) published Tuesday showed that Bitcoin mining originating from China had enjoyed a huge resurgence, accounting for 21.11% of today’s Bitcoin hash rate. CCAF suggested […]