Bitcoin Pizza refers to the first known transaction in the real world using Bitcoin, where a man exchanged 10,000 Bitcoins for two pizzas.
The transaction took place on May 22, 2010, and the day is now celebrated annually as Bitcoin Pizza Day.
Despite the current value of those Bitcoins today, the man who made the exchange does not regret it and claims that the Bitcoins had no value at that time.
The significance of Bitcoin Pizza Day
Every year, on May 22, the cryptocurrency community celebrates Bitcoin Pizza Day to commemorate this historic transaction. It serves as a reminder of the humble beginnings of Bitcoin and its potential for wider adoption.
The day is celebrated worldwide, with various events and activities that often include discounts for customers who pay with Bitcoin.
Despite the massive increase in the value of Bitcoin since that day, Hanyecz remains unfazed by his deal and states that the idea of exchanging Bitcoins for a pizza was incredibly cool.
Bitcoin Pizza and the growth of cryptocurrencies
The Bitcoin Pizza transaction is a significant milestone in the history of cryptocurrencies.
This was the first time Bitcoin was used as a medium of exchange for goods, paving the way for its growing current use. Since then, the use of Bitcoin has increased significantly, reflecting the growing usage of cryptocurrency.
As of 2023, there are an average of nearly 500,000 Bitcoin transactions within the blockchain per day, reflecting the increasing adoption and use of Bitcoin for digital transactions worldwide.
What is Bitcoin Pizza? How to create a cryptocurrency? Bitcoin Pizza refers to the first known transaction in the real world using Bitcoin, where a man exchanged 10,000 Bitcoins for two pizzas.
The transaction took place on May 22, 2010, and the day is now celebrated annually as Bitcoin Pizza Day.
Despite the current value of those Bitcoins today, the man who made the exchange does not regret it and claims that Bitcoins had no value back then.
The significance of Bitcoin Pizza Day Every year, on May 22, the cryptocurrency community celebrates Bitcoin Pizza Day to commemorate this historic transaction. It serves as a reminder of Bitcoin's humble beginnings and its potential for wider adoption.
The day is celebrated worldwide, with various events and activities that often include discounts for customers who pay with Bitcoin.
Despite the massive increase in the value of Bitcoin since that day, Hanyecz remains unfazed by his agreement and claims that the idea of exchanging Bitcoins for a pizza was incredibly cool.
Bitcoin Pizza and the growth of cryptocurrencies The Bitcoin Pizza transaction is a major milestone in the history of cryptocurrencies.
This was the first time Bitcoin was used as a medium of exchange for goods, paving the way for its growing current use. Since then, the use of Bitcoin has increased significantly, reflecting the growing use of cryptocurrency.
As of 2023, there is an average of nearly 500,000 Bitcoin transactions on the blockchain per day, reflecting the increasing adoption and use of Bitcoin for digital transactions worldwide. #BinancePizza
The Binance Wallet is a self-custody cryptocurrency wallet integrated into the Binance app, allowing you to manage your cryptocurrencies and access decentralized applications (dApps). It is a tool to securely and efficiently control your digital assets, offering options such as token swaps, yield generation, and participation in various blockchain platforms. Features and Functionalities: Self-Custody: You have exclusive control over your digital assets and funds within the wallet. Multi-Blockchain: Allows interaction with multiple blockchains, including Binance Chain, Binance Smart Chain, and Ethereum, according to the Binance browser extension. Security: Includes alerts about potential security risks in tokens or blockchains, protection against incorrect addresses, and detection of malicious contracts. Ease of Use: Offers an intuitive interface to manage your assets, execute token swaps, generate yields, and access dApps. MPC Technology: Uses Multi-Party Computation (MPC) technology for secure management of private keys without the need for seed phrases, according to Binance. Advanced Features: Offers features such as "Emergency Export" to back up user autonomy and control, according to Binance.
Who created Bitcoin? Bitcoin is the first implementation of a concept known as "cryptocurrency," which was first described in 1998 by Wei Dai on the "cypherpunks" mailing list, where he proposed the idea of a new type of money that would use cryptography to control its creation and transactions, rather than being controlled by a centralized authority.
The first specification of the Bitcoin protocol and the proof of concept was published by Satoshi Nakamoto in 2009 on a mailing list. Satoshi abandoned the project in late 2010 without revealing much about himself. Since then, the community has grown exponentially and has numerous developers working on the Bitcoin protocol.
Who controls the Bitcoin network? Just as no one controls the technology behind email, Bitcoin also has no owners. Bitcoin is controlled by all Bitcoin users around the world (they are called ‘miners’).
Bitcoin can only function correctly if there is consensus among all users. Therefore, all users and programmers have a strong incentive to protect that consensus. $BTC
Who created Bitcoin? Bitcoin is the first implementation of a concept known as "cryptocurrency", which was first described in 1998 by Wei Dai on the "cypherpunks" mailing list, where he proposed the idea of a new type of money that would use cryptography to control its creation and transactions, instead of a centralized authority.
The first specification of the Bitcoin protocol and the proof of concept was published by Satoshi Nakamoto in 2009, on a mailing list. Satoshi abandoned the project at the end of 2010 without revealing much about himself. Since then, the community has grown exponentially and has numerous developers working on the Bitcoin protocol.
Who controls the Bitcoin network? Just as no one controls the technology behind email, Bitcoin has no owners. Bitcoin is controlled by all Bitcoin users around the world (they are called 'miners').
Bitcoin can only function properly if there is consensus among all users. Therefore, all users and programmers have a strong incentive to protect that consensus. $BTC
The Trump administration has cut its tariff on “de minimis” packages, or shipments of goods worth $800 or less, coming in from China from 120% to 54% and slashed the rate from 145% to 30% for packages from commercial carriers. A $100 flat-fee option also won’t surge to $200 per postal item come June 1, as was previously planned, according to an executive order issued Monday and which goes into effect after midnight on Wednesday.
The change is emblematic of the state of the US-China trade war. The relationship is improving, but it still has further to go before it’s back to pre-January levels. On Wednesday, China rolled back its overall tariffs on US goods to 10% for 90 days, while US levies on the vast majority of Chinese products have gone down to 30% for that period. The US tariffs come on top of levies that were already in place before US President Donald Trump began his second term. Monday’s executive order eases the 120% tariff on de minimis postal packages down. The new 54% rate only applies to shipments handled by postal services such as USPS. Deliveries from UPS, FedEx and other express courier companies will instead face the baseline tariff on Chinese goods, which the US lowered to 30%, still crippling for many businesses and consumers. #TrumpTariffs
The parabolic phase of bitcoin may be arriving If history repeats itself, bitcoin (BTC) could continue this movement until October, approximately.
Bitcoin (BTC) seems to be entering a new stage of its cycle, with technical signals and macroeconomic factors pointing to a possible parabolic phase. This bullish trend could extend until October 2025, driven by technical indicators, international trade agreements, and the growing institutional adoption.
Bitcoin has demonstrated cyclical behavior linked to the halvings, events that occur approximately every four years and halve the reward miners receive for validating transactions. This mechanism, designed to control the issuance of new bitcoin, usually triggers acceleration phases in price known as parabolic phases. $BTC
Bitcoin recovers 100,000 dollars amid the moderation of Trump's tariff fury The possible agreement with China on tariffs, the increase in global liquidity, and its growing adoption by companies push its price upward Bitcoin has regained its bullish tone. This Thursday, the pioneering cryptocurrency has once again surpassed the psychological barrier of 100,000 dollars, a level it first reached in its history last December and hit for the last time in early February. This fluctuation in its price has a specific name behind it: Donald Trump. Investors, in fact, are beginning to sense a moderation of the president's tariff fury. On Saturday, delegations from the U.S. and China will meet in Geneva (Switzerland) to discuss rates and, presumably, ease tensions. Additionally, Trump announced on his social media a "great trade agreement" with the United Kingdom to mitigate the impact of the tariffs. The president has promised that this deal will be "the first of many." The tariff policy of the Republican president has weighed on traditional markets and cryptocurrencies. The trade war that began in April unleashed panic among investors, who massively exited risk assets and sought refuge in others like gold, which reached historical highs. Uncertainty hit the crypto market, with altcoins suffering significant declines, and bitcoin losing ground; still, it behaved as expected. Although it fell below 75,000 dollars (32% below its highs), its decline was gradual, and on the days of maximum tension, it was less volatile than the tech stocks with which it is traditionally correlated.
In the past, in fact, it had a multiplier effect of two or three times compared to U.S. indices: in 2020 or 2021, when the stock market fell by 10%, bitcoin tended to do much worse, dropping between 25% and 30%. #BTCBackto100K
Bitcoin once again approached the mark of 100,000 dollars in the early hours of this Wednesday, May 7. However, it faces difficulties in reaching that zone due to the strong selling pressure at that level.
The most popular cryptocurrency rose alongside Asian stock markets and the strengthening of the dollar, following the announcement that the United States and China plan to hold trade talks, according to information from Bloomberg. The appreciation of the digital asset increased by around 3.2% to surpass 97,500 dollars in the early hours of the day. These movements were recorded after it was announced that U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will hold a meeting with the Chinese government this week.
It is expected that during this meeting, the two largest global economic powers may reach an agreement to ease trade tensions. #BTCpredictions $BTC
Ripple offered USD 5 billion to buy its rival, according to Bloomberg The issuer of XRP and RLUSD aims to acquire Circle, which is responsible for the stablecoin USDC. Ripple Labs Inc., known for its cryptocurrency XRP and its recent foray into the stablecoin market with Ripple USD (RLUSD), proposed to acquire its competitor Circle Internet Group Inc., issuer of the stablecoin USDC, for an amount between USD 4 billion and 5 billion. However, the offer was rejected by Circle as it was deemed insufficient, Bloomberg reported citing sources close to the negotiations.
Ripple's proposal aimed to consolidate its position in the stablecoin market, dominated by Tether (USDT) and Circle's USDC. However, Circle, which recently filed for an IPO, decided not to accept the offer, focusing on its initial public offering (IPO) process. A spokesperson for Circle stated that they would not comment on the matter. "As we are in a quiet period with the SEC, we cannot make further comments on our corporate financial plans. Our long-term goals remain the same," the spokesperson told Bloomberg.
Ripple launched its stablecoin RLUSD in December 2024, backed 1:1 by the US dollar. Currently, RLUSD has a market capitalization of approximately USD 317 million, positioning itself as the 12th largest stablecoin by market capitalization.
As CriptoNoticias has reported, despite its growth, RLUSD is still too far from catching up to USDC, which has a market capitalization of USD 61.5 billion.
The offer to acquire Circle is part of a broader strategy by Ripple to expand its presence in the financial ecosystem. In April 2025, Ripple agreed to purchase the brokerage firm Hidden Road for USD 1.25 billion, marking the largest acquisition in the company's history. #BTCBreaks99K $USDC
Mesh integrates Apple Pay to allow purchases with cryptocurrencies and payments in stablecoins The feature aims to close the "last mile" gap that has stalled the mass adoption of cryptocurrencies in payments, said co-founder and CEO Bam Azizi. What you need to know: Mesh will integrate Apple Pay into its platform, allowing the conversion of crypto into stablecoins at the time of payment. The feature, expected to launch at the end of this quarter, will enable merchants to accept payments in crypto without having to handle crypto directly. Stablecoins are becoming a key tool for payments, facilitating the adoption of crypto in the real world. The crypto payment startup Mesh plans to implement support for Apple Pay in transactions with digital assets, allowing buyers to pay with crypto while merchants receive settlements in stable coins.
The feature, presented during Token2049 in Dubai, converts crypto into stablecoins at the time of payment using Mesh's patented SmartFunding technology. The system prevents merchants from having to directly manage crypto assets, offering what the company describes as a “plug-and-play” payment option through the Apple Pay interface.
With this solution, both physical stores and online merchants will be able to accept crypto payments without the need to develop additional infrastructure. Mesh expects to launch the feature towards the end of the second quarter of 2025. #StablecoinPayments $BTC $BNB
About Cryptocurrency Prices Cryptocurrencies are virtual or digital currencies that use cryptographic technology for security purposes. They operate independently of central banks and governments. Although the most well-known cryptocurrency is Bitcoin, among the main cryptocurrencies by market capitalization are Ethereum, BNB, Litecoin, XRP, and Dogecoin, among others. The value of a cryptocurrency is determined by the interplay between supply and demand on major digital currency exchanges. There are various factors that influence cryptocurrency prices, such as the prevailing market sentiment, impactful events and news, important announcements, and changes in regulation. Taking these factors into account, the value of a cryptocurrency can fluctuate over short periods of time, making it a very volatile investment. #AirdropStepByStep $SOL $BTC
Bitcoin sale at $95K was a 'stress test for profit-taking'
Bitcoin's reaction to U.S. GDP figures is exaggerated, as data shows BTC sales in recent days increased close to the $95,000 level as short-term traders take profits. Key takeaways:
U.S. GDP contracted by 0.3% in the first quarter, well below expectations of 0.3%, raising fears of recession.
Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.