Crypto enthusiast
1 Followers
Fidelity: BTC could become an alternative to gold for savings and may grow to $444,000 in an optimistic scenario 🤑 The conservative BTC forecast for 2025 is $220k. Since the beginning of the year, gold has shown a return of +30.3%, while BTC has only gained 3.8%. However, the situation is changing — Bitcoin's Sharpe Ratio has approached that of gold, meaning their risk/reward profiles are nearly equal. Meanwhile, JPMorgan CEO Jamie Dimon stated that he's not a fan of BTC, but his bank will allow clients to purchase cryptocurrency 😊 In the U.S. Senate, a procedural vote also took place on the GENIUS stablecoin regulation bill.
Bitcoin Pizza Day! 15 years ago, programmer Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 BTC. On the BitcoinTalk forum, he asked to exchange 10,000 BTC for two pizzas. Some users suggested he just sell the BTC (which was worth $41 at the time) and order the pizza himself. But he refused — it was a matter of principle. And on May 22, 2010, he confirmed that the deal had gone through. Today, those 10,000 BTC are worth over $1.1 billion. This became the first recorded real-world use of Bitcoin in history. Since then, May 22 has been celebrated as Bitcoin Pizza Day — a holiday for early crypto enthusiasts and a reminder: even pizza can end up being overpriced.
Michael Saylor hints at buying more Bitcoin, while Trump Media Group has closed a deal to establish a $2.5 billion BTC reserve.
👮 A $15 Million Crypto Money Laundering Scheme Uncovered in Hong Kong Police have arrested 12 individuals involved in laundering funds through cryptocurrency exchanges. The operation took place on May 15 — over $130,000 in cash was seized, along with hundreds of bank cards and documents related to the transactions.