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Bitcoin Pizza Day celebrates its 15th anniversary

Bitcoin Pizza Day is an unofficial crypto holiday that celebrates the first ever real-world bitcoin transaction. On May 22, 2010, programmer and bitcoin fan Laszlo Hanyecz offered 10,000 bitcoin for anyone who’d be willing to order and deliver two pizzas to him. Bitcoin at the time was worth less than a penny a coin, but he successfully bought two Papa John’s pizzas for what was then about $40 in bitcoin.

It would be worth over $1 billion at today’s prices.

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While this would be hard to swallow for anyone, Hanyecz has said every time he’s asked that he has no regrets and told Cointelegraph it was “great to be part of the early history of bitcoin.”

“I wanted to do the pizza thing because to me it was free pizza,” Hanyecz told Bitcoin Magazine.  “I mean, I coded this thing and mined bitcoin and I felt like I was winning the internet that day. I got pizza for contributing to an open-source project. Usually hobbies are a time sink and money sink, and in this case, my hobby bought me dinner.”

To celebrate the 15th anniversary, several companies are hosting events and doling out crypto (and pizza) prizes:

Binance Pizza Day

Between May 15 and 28, participants can win pizza boxes “worth up to $20 in BTC” by referring friends to Binance. 

MEXC’s Pizza Day Lucky Wheel

The event runs from May 19 to 28, and participants can win $100,000 in BTC and “Hot Tokens.”

HTX’s Bitcoin Pizza Day Meets Trump Dinner

The crypto exchange partnered with a slew of sponsors for multiple events and prizes totaling $1 million.

BTCC’s 52,000 USDT Bitcoin Pizza Day Challenge and Fifth Annual Global Pizza Party in Monaco

The event runs from May 19 to 31 and rewards users with virtual pizza slices worth 1 USDT each when they complete tasks on the platform.”

Bitget’s Pizza Day’s Pizzas

With Bitget’s celebration, you’ll win… pizzas.  The company will distribute “over 5000 pizzas in over 20 cities worldwide.”

 Happy Pizza Day to all who celebrate.

Binance Pizza Day

Between May 15 and 28, participants can win pizza boxes “worth up to $20 in BTC” by referring friends to Binance. 

MEXC’s Pizza Day Lucky Wheel

The event runs from May 19 to 28, and participants can win $100,000 in BTC and “Hot Tokens.”

HTX’s Bitcoin Pizza Day Meets Trump Dinner

The crypto exchange partnered with a slew of sponsors for multiple events and prizes totaling $1 million.

BTCC’s 52,000 USDT Bitcoin Pizza Day Challenge and Fifth Annual Global Pizza Party in Monaco

The event runs from May 19 to 31 and rewards users with virtual pizza slices worth 1 USDT each when they complete tasks on the platform.”

Bitget’s Pizza Day’s Pizzas

With Bitget’s celebration, you’ll win… pizzas.  The company will distribute “over 5000 pizzas in over 20 cities worldwide.”

 Happy Pizza Day to all who celebrate.

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$62B

Bitcoin digital asset treasuries (DATs) have taken a big hit amid bitcoin’s tumble, shedding $62 billion in value since the asset’s October 6 all-time high, Artemis data shows, with their fully diluted market cap dropping to $72 billion from $134 billion in early October.

Meanwhile, bitcoin, which has fallen below $62,000 on Friday morning, is down 50% from its all-time high. DAT pioneer Strategy’s market cap stood at $102.2 billion on October 6, according to Macro Trends, and is now down to $45.6 billion, a 55% decline. Strategy has been in hot water since it sold 32 bitcoin earlier this week, and because its digital credit instrument, STRC, has been trading below its par value. Shares of Strategy are down 17% in the past week.

crypto

“Sentiment for crypto is firmly in the gutter” as sector sinks, with tokens hitting multiyear lows

On Thursday, altcoins swept lower as bitcoin weakened. The tokens with the biggest losses in the last 24 hours are NEAR, ethena, and Zcash, each declining double digits in the period.

Other tokens have dropped to lows not seen in over a year in the past 24 hours:

  • Ethereum dropped 4.4% to under $1,780, a level not seen since April 2025.

  • XRP declined 4.5% to an 18-month low last hit in November 2024.

  • Solana decreased 6% to trade below the $70 mark, its lowest price since December 2023.

  • Dogecoin slid below $0.09, a 27-month low last seen in February 2024.

“Sentiment for crypto is firmly in the gutter as fears surrounding BTC/STRC and its potential overflow compound and overshadow anything that can be read as positive news (e.g. CLARITY movements),” according to Sean Dawson, head of research at crypto options platform Derive.xyz.

“[Altcoins] are high beta plays to BTC and are typically sold heavily in a downturn. Simply put, I’d be even more bearish on alts,” Dawson told Sherwood News.

“Further, liquidity has been drained into this year’s ‘superhot’ narrative of AI/data centers. In other words, there are just better, more exciting opportunities elsewhere,” Dawson added.

One cryptocurrency that has bucked the downtrend has been worldcoin, the native token for World, the digital identity project backed by OpenAI CEO Sam Altman. While the broader crypto market has been pushing lower, WLD has jumped nearly 5% in the last 24 hours and 90% in the past seven days, data from CoinGecko shows.

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