An obscure footnote in a Ripple opposition brief from 2022 could play a role in the ongoing battle between the United States Securities and Exchange Commission (SEC) and Ripple, according to pro-XRP lawyer John Deaton. Deaton took to Twitter on May 22, explaining that a short footnote in a Ripple legal document that he had just
Bitcoin News
Cryptocurrency and Bitcoin (BTC) ATM provider, Bitcoin of America, consented with the Connecticut Department of Banking to halt its operations due to a lack of licensing. In a statement released on May 22, the Department of Banking highlighted that Bitcoin of America failed to obtain a proper license to operate Bitcoin ATM kiosks in the
Bitcoin (BTC) staged a classic range comeback on May 23 as markets “bought” hopes that the United States had resolved the debt ceiling debacle. $30,000 back on the cards Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it headed toward $27,500 on Bitstamp overnight. Still stuck in a familiar trading corridor, the pair
By exploiting its higher processing capacity to defeat the encryption that safeguards private keys and transactions on the Bitcoin network, a quantum computer could theoretically hack Bitcoin. However, the current state of quantum technology is not yet advanced enough to pose a significant threat to Bitcoin’s security. Quantum computers might make public-key cryptography less secure
The monthly trading volume of nonfungible tokens (NFTs) and memecoins on Bitcoin in May surpassed Solana’s volume, according to data from CryptoSlam. Bitcoin ordinals trading volume currently stands in second place behind Ethereum, which did $393 million in NFT volume, more than twice that of ordinals on Bitcoin (BTC) in 30-days starting April 23. Bitcoin
It’s been 13 years since programmer Laszlo Hanyecz made the first commercial transaction with Bitcoin (BTC) on May 22, 2010, buying two supreme pizzas from Papa John’s for a whopping 10,000 BTC, or $266 million at current prices. That day is known and celebrated as Bitcoin Pizza Day. To commemorate the occasion, Cointelegraph sought to
Members of the crypto community celebrated the anniversary of Bitcoin Pizza Day; the first notable exchange of Bitcoin (BTC) into physical goods. On May 22, 2010, Laszlo Hanyecz made the first documented purchase of a good with BTC. The exchange involved 10,000 BTC — worth $41 at the time — and two pizzas from a
Thirteen years after the world’s first Bitcoin (BTC) pizza purchase, the pioneer cryptocurrency network faces a new wave of disruption thanks to the advent of Ordinals, the recently launched protocol that allows adding digital content such as art — i.e. nonfungible tokens — in the Bitcoin blockchain. Since the launch of Ordinal NFTs on the
Bitcoin (BTC) continues with its sideways BTC price action under $27,000 on May 22 as the bulls and bears find it hard to break the stalemate. Which way Bitcoin? Notably, BTC price has fluctuated inside a narrowing ascending triangle range since May 11, defined by a horizontal resistance around $27,500 and a rising trendline support
There are key events in the fascinating world of cryptocurrencies that have shaped the trajectory of adoption. One such occasion is commemorated annually as Bitcoin Pizza Day: a commemoration of a seemingly unremarkable transaction that had a profound effect on the development of Bitcoin (BTC). So, on Bitcoin Pizza Day, let’s indulge in a cheesy
The divorce proceedings of a New York couple took a turn after a forensic accountant helped track down the husband’s 12 Bitcoin (BTC) stash, which he intended to hide from his wife. The couple in question were married for 10 years, but the man’s wife suspected that her husband did not reveal all his assets,
Vivek Ramaswamy becomes the second Presidential candidate in the United States to officially accept Bitcoin (BTC) donations for the upcoming 2024 elections. “Give $1,” said Ramaswamy while announcing that he was accepting Bitcoin donations. The revelation came just two days after Robert F. Kennedy Jr. became the first presidential candidate in United States history to
Bitcoin (BTC) is poised to claim the cryptocurrency throne by the end of 2023, as its superiority “is going to be clear” in every aspect, according to Fedi’s CEO. During the Bitcoin 2023 event in Miami on May 20, Cointelegraph reporter Joe Hall interviewed Obi Nwosu, the CEO and co-founder of Fedi – a Bitcoin
Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing banking crisis. Tether’s latest audit report shows that the stablecoin issuer withdrew over $4.5 billion from banks in the first quarter to reduce counterparty risk following Circle’s troubles during the collapse of Silicon Valley Bank.
Bitcoin (BTC) remained stuck inside a narrow range into May 20 as cryptocurrency markets shook off United States macro triggers. Powell leaves market with “tons of uncertainty” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading just below $27,000. The pair had seen brief volatility after Jerome Powell, Chair of the Federal Reserve, gave
According to a report compiled by @dgtl_assets of Dune Analytics, the total network fees paid for the minting of Bitcoin Ordinals reached 1,414 Bitcoin (BTC), or $38.2 million, on May 20, representing an increase of 700% from April 20 and 831% from April 1, respectively. An analysis shows that despite continued interest in Bitcoin NFTs,
A crypto fund is an investment fund that primarily focuses on investing in cryptocurrencies or digital assets. It allows investors to gain exposure to the crypto market without having to purchase individual coins or tokens themselves. Instead, these funds pool money from multiple investors to purchase various cryptocurrencies, often including Bitcoin (BTC), Ether (ETH) and
Strike, a Chicago-based Bitcoin (BTC) payment provider, expanded its services to 65 countries in parallel to relocating its global headquarters to El Salvador. Before its expansion, the mobile app was operational only in the United States, El Salvador and Argentina. According to Jack Mallers, the CEO and founder of Zap, Strike’s parent company, the expansion
A combination of more hash rate coming online from mining plants and a price protection approach is shielding Bitcoin mining firm Marathon Digital Holdings through the bear market, CEO Fred Thiel told Cointelegraph. In an exclusive interview during the 2023 Bitcoin Conference in Miami, Thiel disclosed the strategy behind Marathon’s figures in the first quarter of
Democratic presidential candidate Robert F. Kennedy Jr. (RFK) will be the first presidential candidate in United States history to accept campaign donations with Bitcoin, making his first appearance as a presidential candidate at the crypto conference. He praised the cryptocurrency as a “symbol of democracy and freedom” during the event. “Today we show the world
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