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The post How Jeremy Sturdivant spent the 10,000 Bitcoin pizza fortune appeared on BitcoinEthereumNews.com. Jeremy Sturdivant, the 19 year old who received 10,000 Bitcoin for two pizzas in May 2010, spent almost all of it long before BTC crossed even $1, let alone today’s five figure levels. Summary In 2010, 10,000 BTC was worth about $40 to $41 and bought two Papa Johns pizzas for Laszlo Hanyecz in Jacksonville. Sturdivant later said he spent the coins on travel and goods as Bitcoin’s price climbed from fractions of a cent to under $1. At Bitcoin’s November 2021 peak near $69,000, that same 10,000 BTC would have been worth around $690 million. Jeremy Sturdivant, known as “jercos” on the Bitcointalk forum, was the counterparty to Laszlo Hanyecz’s now legendary 10,000 BTC pizza purchase on May 22, 2010. How did Jeremy Sturdivant end up with 10,000 BTC for pizza? The deal that turned into Bitcoin Pizza Day began on the Bitcointalk forum on May 18, 2010, when Florida programmer Laszlo Hany
Read full articleThe decline in Bitcoin's value signals potential volatility and uncertainty in the crypto market, affecting investor confidence and future forecasts. The post Bitcoin drops $75K, crypto market cap down 3.2% appeared first on Crypto Briefing.
Iran's new system in the Strait of Hormuz could disrupt global oil trade, elevate geopolitical tensions, and impact cryptocurrency markets. The post Iran implements tiered system for vessel passage through Strait of Hormuz, accepts Bitcoin for fees appeared first on Crypto Briefing.
The U.S. Securities and Exchange Commission has approved Nasdaq to list cash-settled bitcoin index options on the Philadelphia Stock Exchange, opening a new derivatives gateway for institutional investors who want regulated bitcoin exposure without custody complications. What Cash-Settled Means And Why It Matters The Securities and Exchange Commission (SEC) approved Nasdaq’s application to list European-style, […]
Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300. Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom out without first touching the EMA300. He noted that BTC has never bottomed without touching this level, as it did in 2020 and 2022, when it tagged the weekly EMA300 right before the cycle low. Specifically, Bitcoin’s bottom came 10% below the EMA in 2020 and 15% in 2022. Related Reading: Bitcoin Is Repeating This Midterm Pattern That Sends Price Tumbling 15% On Average The analyst noted that in this cycle, the Bitcoin price bounced from $60,000 without ever reaching the EMA, suggesting the real bottom isn’t in. He added that if the pattern repeats, BTC must drop to around $58,000, marking the last bottom in this bear cycle. In another X post, the analyst indi
Bitcoin trades near $75K after falling below its 2 year MA as traders watch $72K support and accumulation signals. Bitcoin traded near $75,318 on the daily Bitstamp chart after falling below its reported two year moving average near $86,000. Traders tracking the 2 Year MA Multiplier now view this level as a key marker for […] The post Bitcoin Falls Below 2 Year MA as Traders Eye Fresh Accumulation Zone appeared first on Live Bitcoin News.
A practical overview of Stacks, how it adds smart contracts to Bitcoin, STX token mechanics, ecosystem players, and key risks to watch. The post Stacks Overview: Smart Contracts And DeFi Built On Bitcoin appeared first on BiteMyCoin.
What is the ARMA Bill? Strategic Bitcoin Reserve Explained The post Bitcoin News Today: What is the ARMA Bill and What Does it Mean for BTC? appeared first on 99Bitcoins.
Michael Saylor says a Strategy Bitcoin sale before year-end is ‘not unlikely’ in a Coin Stories podcast interview. Strategy executive chairman Michael Saylor told the Coin Stories podcast it was “not unlikely” the company would sell some Bitcoin before year-end.…
