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Bitcoin’s rally to a new all-time high of $111,620 on May 22 was followed by a surge in futures activity, with total open interest (OI) across exchanges reaching $80.91 billion, the highest ever recorded.
May 22 OI represents a $6.66 billion increase over the past 24 hours and caps off a five-day climb that added over $15 billion in futures exposure since May 18.
Chart showing the total open...
Bitcoin trades above $110,000 today, while Google Trends data for “bitcoin” sits at 38.
This afternoon, a Midtown Manhattan barista will glance at a phone ticker showing $110,630. He’ll shrug and keep steaming milk.
The mood lines up with the data as searches for the word have stayed in the low-40 band for months, the same range seen when Bitcoin cost under $30,000.
Perhaps we’re now entering...
Fifteen years after a programmer traded 10,000 BTC for two pizzas, the crypto community marked Bitcoin Pizza Day with record-breaking celebrations.
In 2010, Laszlo Hanyecz paid roughly $41 for a pair of Papa John’s pies in what became the first known real-world Bitcoin transaction. Today, those coins would be worth $1.11 billion at Bitcoin’s new all-time high of $111,000, recorded during the...
In May 2010, a Florida-based programmer named Laszlo Hanyecz made what would become one of the most famous purchases in crypto history. He spent 10,000 Bitcoin on two Papa John’s pizzas.
At the time, Bitcoin was trading at just $0.004 per coin, putting the total cost of the meal at a modest $41.
Today, that amount of Bitcoin would be valued at over $1.1 billion, following BTC’s recent surge to a...
Bitcoin has climbed to a new record high, surpassing $111,000, as institutional buyers push capital into the crypto market.
Data from CryptoSlate shows Bitcoin reached a peak of $111,782 before pulling back slightly to $110,992 as of press time.
According to blockchain analytics provider Sentora, the rally places every Bitcoin holder in profit. This development reflects the strength of the...
World Assets, a subsidiary of World Foundation (formerly Worldcoin), has raised $135 million through a strategic sale of WLD tokens to venture firms Andreessen Horowitz (a16z) and Bain Capital Crypto, both early supporters of the fast-growing digital identity initiative.
According to the firm, the tokens were sold at prevailing market prices, which proportionately increased the circulating supply...
The Bitcoin Policy Institute (BPI) released a 21-page policy framework on May 21 to position the US as a global leader in the Bitcoin (BTC) ecosystem.
BPI head of policy Zack Shapiro, the author of the framework, called it his “Bitcoin Policy Manifesto.” The document outlines a comprehensive legislative and regulatory approach that touches on Bitcoin as a financial asset, software protocol, and...
OpenAI announced on May 21 that it will acquire Jony Ive’s artificial intelligence hardware startup io in an all-equity transaction valued at approximately $6.4 billion, according to a report by CNBC.
The acquisition, OpenAI’s largest to date, marks a decisive step into hardware for the company best known for its generative AI models. The deal incorporates io directly into OpenAI.
Meanwhile, Ive...
US lawmakers advanced two blockchain-related legislative efforts on May 21, approving the GENIUS Act for debate and reintroducing the Blockchain Regulatory Certainty Act in the House.
Lawmakers voted 69–31 to approve a motion to proceed on the Government and Enterprise Need for Innovation in the United States Act, or GENIUS Act, allowing formal debate and amendment processes to begin.
The motion...
Ethereum co-founder Vitalik Buterin acknowledged a major breakthrough in zero-knowledge (ZK) technology this week, calling recent developments in real-time proving a “truly amazing” step forward.
Buterin’s comments came in response to a post from developer Uma Roy, who announced that her team had achieved real-time Ethereum proving, an accomplishment many in the cryptography community had...