Tag #Cryptocurrency

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abcnews.go.com

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May 23, 01:12

Bitcoin Pizza Day: 10,000 Bitcoin Pizza Purchase Now Worth $1.1 Billion

On May 22, 2010, software developer Laszlo Hanyecz bought two pizzas with 10,000 Bitcoin, worth about $41 then, now valued at $1.1 billion; this event, now "Bitcoin Pizza Day," marks a pivotal moment in Bitcoin's history and its rise in value.

Bitcoin Pizza Day: 10,000 Bitcoin Pizza Purchase Now Worth $1.1 Billion

On May 22, 2010, software developer Laszlo Hanyecz bought two pizzas with 10,000 Bitcoin, worth about $41 then, now valued at $1.1 billion; this event, now "Bitcoin Pizza Day," marks a pivotal moment in Bitcoin's history and its rise in value.

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What are the immediate implications of Bitcoin's price surge on its widespread adoption and potential integration into mainstream finance?

On May 22, 2010, Laszlo Hanyecz purchased two Papa John's pizzas using 10,000 Bitcoin, valued at approximately $41 then. Today, that same Bitcoin is worth roughly $1.1 billion, marking a significant milestone in cryptocurrency history and highlighting its immense growth potential.

pt.euronews.com

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May 22, 10:12

Bitcoin Hits Record High Amidst GENIUS Act Optimism and Institutional Investment

Bitcoin hit a record high of $111,000 on Thursday due to optimism surrounding the upcoming passage of the GENIUS Act, a stablecoin bill, alongside increased institutional investment, contrasting with a weak US Treasury bond auction.

Bitcoin Hits Record High Amidst GENIUS Act Optimism and Institutional Investment

Bitcoin hit a record high of $111,000 on Thursday due to optimism surrounding the upcoming passage of the GENIUS Act, a stablecoin bill, alongside increased institutional investment, contrasting with a weak US Treasury bond auction.

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What is the primary driver of Bitcoin's record high, and what are its immediate implications for the cryptocurrency market?

Bitcoin reached a new all-time high of $111,000 on Thursday, driven by optimism surrounding the imminent passage of the GENIUS Act, a stablecoin bill. This surge surpasses the previous record of $109,000 set during President Trump's inauguration. The rally is fueled by legislative developments and increasing institutional interest, as seen in Michael Saylor's firm's $765 million Bitcoin purchase.

dailymail.co.uk

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May 22, 16:14

Bitcoin Surges Past $110,000 Amid US Debt Concerns

Bitcoin hit a record high of $111,886.41 on Thursday, driven by a weakening dollar amid growing US debt concerns and optimism surrounding pro-crypto policies under the Trump administration.

Bitcoin Surges Past $110,000 Amid US Debt Concerns

Bitcoin hit a record high of $111,886.41 on Thursday, driven by a weakening dollar amid growing US debt concerns and optimism surrounding pro-crypto policies under the Trump administration.

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What factors contributed to Bitcoin's record high, and what are the immediate implications for the cryptocurrency market?

Bitcoin reached a new all-time high of $111,886.41 on Thursday, surpassing its previous record of $109,528 set in January. This surge followed a weakening dollar due to concerns about rising US debt and Treasury bond yields.

abcnews.go.com

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May 22, 19:12

Bitcoin Surges Past $110,000 Amidst Regulatory Push and Debt Concerns

Bitcoin hit a record high of $111,385 on Thursday, boosted by the Senate's progress on the GENIUS Act and concerns about rising US debt; Ether and Trump's memecoin also saw significant gains.

Bitcoin Surges Past $110,000 Amidst Regulatory Push and Debt Concerns

Bitcoin hit a record high of $111,385 on Thursday, boosted by the Senate's progress on the GENIUS Act and concerns about rising US debt; Ether and Trump's memecoin also saw significant gains.

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How do rising Treasury yields and concerns about the national debt contribute to the increase in Bitcoin's value?

The Bitcoin surge correlates with increased Treasury yields due to deficit concerns from a new domestic policy bill, adding $3.8 trillion to the national debt according to the CBO. Investors might be seeking alternatives to the dollar, driving up Bitcoin's price. This rise also coincides with a drop in the S&P 500 and Nasdaq.

cnn.com

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May 20, 07:12

Senate Passes Bipartisan Stablecoin Bill Despite Ongoing Concerns

The Senate voted 66-32 to pass the bipartisan GENIUS Act, regulating stablecoins, following negotiations to address concerns about the bill's effectiveness and President Trump's cryptocurrency dealings; despite some Democrats' continued opposition.

Senate Passes Bipartisan Stablecoin Bill Despite Ongoing Concerns

The Senate voted 66-32 to pass the bipartisan GENIUS Act, regulating stablecoins, following negotiations to address concerns about the bill's effectiveness and President Trump's cryptocurrency dealings; despite some Democrats' continued opposition.

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How did negotiations between Republicans and Democrats resolve initial concerns about the GENIUS Act, leading to its advancement?

Despite initial Democratic opposition due to concerns about President Trump's cryptocurrency dealings and the bill's perceived weakness, negotiations led to amendments securing enough Democratic support for passage. The legislation represents a rare bipartisan effort to regulate a rapidly evolving financial technology sector.

nbcnews.com

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May 20, 22:11

Crypto Mogul Wins Dinner with Trump, Raising Ethical Concerns

Chinese crypto entrepreneur Justin Sun won a contest to dine with President Trump by purchasing the most "$TRUMP" meme coins, raising concerns about conflicts of interest given Sun's past legal battles with the SEC and his investments in Trump-affiliated ventures.

Crypto Mogul Wins Dinner with Trump, Raising Ethical Concerns

Chinese crypto entrepreneur Justin Sun won a contest to dine with President Trump by purchasing the most "$TRUMP" meme coins, raising concerns about conflicts of interest given Sun's past legal battles with the SEC and his investments in Trump-affiliated ventures.

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What are the potential long-term implications of this event regarding the influence of cryptocurrency on politics, regulatory oversight, and the perception of ethical conduct in both sectors?

The dinner raises concerns about the influence of cryptocurrency on politics and the potential for regulatory capture. Sun's significant financial contributions to Trump-affiliated ventures and the subsequent pause in his SEC case could indicate a quid-pro-quo arrangement.

news.sky.com

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May 22, 10:12

Bitcoin Breaks \$111,000 Record High Amidst Political and Economic Uncertainty

Bitcoin hit a record high of \$111,000 on [Date], marking profits for all long-term holders since 2009; this surge follows a volatile year under President Trump, influenced by policy changes, regulatory advancements, and institutional investment.

Bitcoin Breaks \$111,000 Record High Amidst Political and Economic Uncertainty

Bitcoin hit a record high of \$111,000 on [Date], marking profits for all long-term holders since 2009; this surge follows a volatile year under President Trump, influenced by policy changes, regulatory advancements, and institutional investment.

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How did President Trump's policies contribute to the volatility of Bitcoin's value in 2025?

The recent Bitcoin surge is attributed to several factors: progress on crypto regulation in the US Senate, increased interest from financial institutions, and corporate acquisitions. This rise is occurring amidst growing concerns about US government debt and a decline in confidence in traditional fiat currencies.

tr.euronews.com

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May 22, 01:10

Bitcoin Hits Record High of $109,486

Bitcoin hit a record high of $109,486 on Wednesday, a 4.5% daily increase, boosting the total cryptocurrency market cap by $100 billion to $3.43 trillion following the end of the US-China trade war and increased investor confidence.

Bitcoin Hits Record High of $109,486

Bitcoin hit a record high of $109,486 on Wednesday, a 4.5% daily increase, boosting the total cryptocurrency market cap by $100 billion to $3.43 trillion following the end of the US-China trade war and increased investor confidence.

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How did the resolution of the US-China trade war and other geopolitical factors contribute to Bitcoin's price increase?

Bitcoin's recent surge is linked to increased investor appetite for risk assets, often seen during periods of increased liquidity and expanding money supply. The cryptocurrency's price has historically peaked every four years since 2017, showing substantial gains before significant corrections.

euronews.com

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May 22, 13:11

Bitcoin Hits Record High Amidst GENIUS Act Progress and Institutional Investment

Bitcoin hit a record high of \$111,000 on Thursday, fueled by the Senate's progress on the GENIUS Act, a stablecoin regulatory bill, and massive institutional investment, exceeding its previous high set during President Trump's inauguration, despite concerns about the US debt burden.

Bitcoin Hits Record High Amidst GENIUS Act Progress and Institutional Investment

Bitcoin hit a record high of \$111,000 on Thursday, fueled by the Senate's progress on the GENIUS Act, a stablecoin regulatory bill, and massive institutional investment, exceeding its previous high set during President Trump's inauguration, despite concerns about the US debt burden.

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What are the immediate impacts of the GENIUS Act's progress on Bitcoin's price and market sentiment?

Bitcoin reached a record high of \$111,000 on Thursday, exceeding its previous peak during President Trump's inauguration. This surge follows a key Senate vote clearing the GENIUS Act, a stablecoin regulatory bill, and significant institutional investment, including a \$765 million purchase by Michael Saylor's firm.

smh.com.au

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May 21, 01:11

Bitcoin Surges Past $US100,000 Amidst Political and Economic Shifts

Bitcoin's price has increased by over 35 percent in the past month, reaching over $US100,000, driven by positive trade developments, the upcoming Trumpcoin-holders' dinner, and a growing de-dollarization trend; however, regulatory uncertainty and market volatility remain significant risks.

Bitcoin Surges Past $US100,000 Amidst Political and Economic Shifts

Bitcoin's price has increased by over 35 percent in the past month, reaching over $US100,000, driven by positive trade developments, the upcoming Trumpcoin-holders' dinner, and a growing de-dollarization trend; however, regulatory uncertainty and market volatility remain significant risks.

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What are the key risks and uncertainties facing Bitcoin, and what are its long-term prospects?

Bitcoin's future price depends on sustained positive political engagement, continued institutional investment, and a favorable macroeconomic environment. Regulatory uncertainty and correlation with risk assets remain key risks, but the potential for higher prices, ranging from $US150,000 to $US200,000 by year's end, is evident.

forbes.com

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May 20, 07:12

Bitcoin Reaches Near Four-Month High Amidst Growing Investor Demand

Bitcoin's price exceeded \$107,000 this weekend, a near four-month high, driven by increased investor demand and positive sentiment, potentially influenced by regulatory developments and institutional engagement.

Bitcoin Reaches Near Four-Month High Amidst Growing Investor Demand

Bitcoin's price exceeded \$107,000 this weekend, a near four-month high, driven by increased investor demand and positive sentiment, potentially influenced by regulatory developments and institutional engagement.

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What factors contributed to Bitcoin's recent price surge to near four-month highs?

Bitcoin prices surged to a near four-month high, exceeding \$107,000, driven by increased investor demand and improved market sentiment. This follows a period of volatility and reflects growing institutional interest and positive regulatory developments.

forbes.com

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May 20, 16:11

Bitcoin's Resilience Amidst Rising U.S. Debt and Market Volatility

Bitcoin's price, after reaching $109,000 in January 2024, fell below $80,000 thrice in three months before recovering to ~$100,000, mirroring equity market volatility due to trade uncertainties; however, rising U.S. debt poses a significant threat to all assets, including Bitcoin.

Bitcoin's Resilience Amidst Rising U.S. Debt and Market Volatility

Bitcoin's price, after reaching $109,000 in January 2024, fell below $80,000 thrice in three months before recovering to ~$100,000, mirroring equity market volatility due to trade uncertainties; however, rising U.S. debt poses a significant threat to all assets, including Bitcoin.

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What is the immediate impact of the U.S.'s growing debt burden on Bitcoin's price, considering its recent volatility and comparison to 'digital gold'?

Bitcoin's price, after reaching a high of over $109,000 in January 2024, dropped to below $80,000 on three occasions within three months. It has since recovered to around $100,000, mirroring the volatility in the equity market caused by global trade uncertainties. However, the U.S.'s rising debt burden poses a potential threat to all asset classes, including Bitcoin.

Showing 229 to 240 of 749 results