The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 962 exchanges.
The bitcoin price has rocketed over the last year, with some predicting the bitcoin price will climb … The bitcoin price has climbed back over $100,000 per bitcoin, helped by U.S. president Donald Trump’s shock prediction of “massive” crypto investment. On-chain metrics suggest a balanced market with neither excessive profit-taking nor aggressive accumulation, while derivatives data indicates cautious sentiment with continued demand for downside protection. “We saw a lot of twitch trading in the hours after the US attacked Iranian nuclear targets, and right now trade volumes remain elevated,” Pav Hundal, lead analyst at Swyftx, told Decrypt. “If we start to see a softening in tensions in the middle east, we should start to see a rebound in investor confidence, and the price should start to grind back up.”
もくじ
Key data points
The purchase brings the company’s total bitcoin holdings to 1,728 BTC, currently valued at around €155.8 million. President Donald Trump has sought to overhaul cryptocurrency policy, including calls to establish a strategic bitcoin reserve, after courting cash from the industry on the campaign trail. MicroStrategy has by far the largest Bitcoin portfolio held by any publicly-traded company. The business analytics platform has adopted Bitcoin as its primary reserve asset, aggressively buying the cryptocurrency through 2021 and 2022.
Learn more about CoinDesk’s approach to AI-generated content in our AI policy. “The Company confirms today the final conversion of all 1,000,000 OCA Tranche 1 by TOBAM, resulting in the issuance of 1,838,235 new ordinary shares of the Company, at a subscription price of €0.544 per share,” stated the press release. The acquisition was funded through the final completion of a €7.2 million capital increase, carried out via the Company’s wholly-owned Luxembourg subsidiary.
BTCs’s current circulating supply is 21.00M BTCS out of max supply of 21.00M BTCS.In terms of market cap, BTCs is currently ranked #15 in the Bitcoin (BRC20) Tokens sector. Furthermore, some who defend Bitcoin argue that the gold and banking sector — individually — consume twice the amount of energy as Bitcoin, making the criticism of Bitcoin’s energy consumption a nonstarter. Moreover, the energy consumption of Bitcoin can easily be tracked and traced, which the same cannot be said of the other two sectors. Those who defend Bitcoin also note that the complex validation process creates a more secure transaction system, which justifies the energy usage.
About BTCs
Momentum indicators – key moving averages – are once again aligned bullishly. The table above shows the price and ROI of BTCs today and previous years on the same date (Jun 24). The table above shows the number of days which BTCs closed above a certain price level.
- Solana, XRP, and dogecoin also posted steep losses, dragging the entire crypto complex sharply lower.
- Investor and entrepreneur Anthony Pompliano announced on Monday the creation of a new bitcoin treasury company that would hold up to $1 billion of the world’s largest cryptocurrency on its balance sheet.
- In the ever-changing world of cryptocurrency, BTCs remains committed to its ideals, injecting new energy into the Bitcoin network and presenting new possibilities for the industry.
- The two major changes are the introduction of the Merkelized Abstract Syntax Tree (MAST) and Schnorr Signature.
August 9, 2024AIRDROPS: Margin trading, no liquidation
Bitcoin is becoming more political by the day, particularly after El Salvador began accepting the currency as legal tender. The country’s president, Nayib Bukele, announced and implemented the decision almost unilaterally, dismissing criticism from his citizens, the Bank of England, the IMF, Vitalik Buterin and many others. Since the Bitcoin legal tender law was passed in September 2021, Bukele has also announced plans to build Bitcoin City, a city fully based on mining Bitcoin with geothermal energy from volcanoes. Although HODLers will probably not notice a big impact, Taproot could become a key milestone to equipping the network with smart contract functionality.
USD1
He highlighted the strategic use of debt by these firms, leveraging fiat debasement to accumulate Bitcoin. He also addressed prior skepticism stemming from the 2022 cycle failures (e.g., Celsius, BlockFi), but now views the current players as fundamentally sound. Historically, this phase precedes market peaks, though Root was careful not to offer timing guarantees, citing the potential for institutional influence to stretch out the cycle. According to Rational Root, the Bitcoin market is far from cycle exhaustion. One prominent macro research firm notes that such a spike could send U.S. inflation back toward 5% — a level not seen since March 2023, when the Fed was still actively raising rates.
He holds a PhD in computer science from the University of London and began his career in software development, including four years in the banking industry in the City of London and Zurich. In April 2018, Siamak transitioned to writing about cryptocurrency news, focusing on journalism until January 2025, when he shifted exclusively to research on the aforementioned topics. According to data from Mempool.space, a downward difficulty adjustment of around 9% is projected within the next five days.
U.S. Senators Pitch New Crypto Market Structure Framework as Hearing Approaches
- After the recent decline, the hashrate is now just under 700 EH/s, according to Glassnode data.
- Since then, many others have followed suit, including EV manufacturer Tesla.
- Authorities say that the trio engaged in online social engineering attacks targeting cryptocurrency holders.
- Schnorr Signature allows users to aggregate several signatures into one for a single transaction.
Bitcoin’s original inventor bttc3s coin is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.
Iran has reportedly threatened to block the Strait of Hormuz — a vital shipping lane that handles about 20% of global oil supply. JPMorgan warns that a full closure could drive oil prices as high as $130 per barrel. Bitcoin was trading just under $101,000, down just 1% over the past 24 hours, while ether has pared some losses, off 2.5% to around $2,200.
At its peak on Sunday, more than $1 billion in crypto positions were liquidated during a 24-hour span — with over 95% coming from long bets, underscoring just how overexposed the market was heading into the weekend. Bitcoin fell to its lowest level since May over the weekend, as rising tensions in the Middle East and renewed inflation fears triggered a sharp selloff across digital assets. Powell has pointed to the expected increase in inflation as a result of Trump’s so-called Liberation Day of global trade tariffs as reason to take a “wait-and-see” approach to adjusting interest rates. He also said leading institutional investors Susquehanna, Jane Street, and Magnetar have committed capital, as have crypto firms Off the Chain Capital, Pantera, Coinfund, Parafi, Blockchain.com, and FalconX. Pompliano said in a statement that his financial services firm ProCap BTC would merge with Columbus Circle Capital I, a special purpose acquisition company, to create ProCap Financial, a bitcoin treasury firm.
Investors should prepare for continued upside, but also stay vigilant for signs of overextension. In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. That outlook has traders reassessing the path of interest rates — and rotating out of speculative assets like crypto.
