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Time of India
22-05-2025
- Business
- Time of India
Bitcoin Pizza Day: The costliest pizza in history gets pricier as Bitcoin soars to $111K
Crypto enthusiasts around the world marked Bitcoin Pizza Day on Wednesday by honouring the first-ever real-world Bitcoin transaction. This year's celebration coincided with a record high for Bitcoin, which surged past $111,000 (Rs 94,79,872.28), reinforcing just how far the digital asset has come since that now-legendary pizza order. What is Bitcoin Pizza Day and why is it celebrated? On 22 May 2010, Florida-based programmer Laszlo Hanyecz paid 10,000 BTC for two large Papa John's pizzas. At the time, the coins were worth just $41. The transaction, arranged through a Bitcoin forum, is widely recognised as the first recorded instance of Bitcoin being used to purchase a physical item. That modest meal has become a symbol of possibility—and of missed opportunity. Today, those same coins are worth over a billion dollars. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brought to you by Undo The day is now observed annually by crypto communities across the globe. It's often marked with events, memes, pizza giveaways, and reflection on Bitcoin's journey. For many, it's not just about pizza; it's a reminder of how digital currency left the fringes of the internet to become a global financial phenomenon. Bitcoin Price Today: Breaks all records Coinciding with this year's Pizza Day, Bitcoin's price surged past $111,000 (₹94,79,872), according to data from CoinMarketCap. The 4% spike over 24 hours was accompanied by a 77% jump in trade volume, pushing its market capitalisation to $2.21 trillion. Live Events Ashish Singhal, Co-founder of CoinSwitch, described the event as historic, 'Bitcoin officially entered uncharted territory, breaking past its previous all-time high and is currently trading above $110,000,' he said. 'This isn't just a milestone for the market—it's a reflection of how the global perception of digital assets is fundamentally evolving.' Singhal credited the rally to sustained ETF inflows, improving macroeconomic clarity, regulatory advances like the Genius Act, and the rising credibility of Bitcoin on a sovereign level. Edul Patel, Co-founder and CEO of Mudrex, pointed to policy changes and growing investor confidence as key drivers. 'The approval of the Stablecoin Bill and easing trade restrictions have significantly improved investor sentiment, helping BTC hit a new ATH just four months after the previous ATH in January,' he said. Patel highlighted that spot Bitcoin ETFs had attracted $2.2 billion in inflows over the past ten trading sessions. He also noted a rebound in retail participation. 'CryptoQuant data shows a steady return of retail investors, with smaller wallets re-entering the market, bringing fresh liquidity and signalling broader market confidence,' he said. Altcoins join the rally Bitcoin's bullish run lifted other cryptocurrencies too. Ethereum rose 2% within an hour to trade at $2,645. XRP followed with a 0.5% gain, reaching $2.41. While not as dramatic as Bitcoin's spike, the rally suggested a wider optimism across the digital asset market. Bitcoin: How the world—and India—has changed since 2010 Bitcoin Pizza Day is more than a quirky milestone; it stands as proof that decentralised digital money can work in the real world. What started with a pizza order has contributed to Bitcoin becoming a $2 trillion asset. Today, countries like El Salvador have adopted Bitcoin as legal tender . The cryptocurrency is increasingly seen as a hedge against economic uncertainty and a viable alternative to fiat money. India, too, is seeing a boom in crypto engagement. According to Patel, India ranks consistently high in global crypto adoption indexes. 'India has consistently ranked among the top countries for grassroots crypto adoption, according to global reports like Chainalysis' Global Crypto Adoption Index,' he said. Notably, global players are returning to India's crypto market, with 10–12 international platforms registering with the Financial Intelligence Unit (FIU) in the past year. The rise of long-term crypto investment Indian investors are also changing how they approach cryptocurrency. On the Mudrex platform, there's a growing trend of systematic investing. 'Through this SIP format investments, users have been taking advantage of the market volatility to generate better risk-adjusted returns in the long term,' said Patel. He added that SIP requests had doubled over the past year. A recent internal survey by Mudrex revealed that 65% of respondents plan to hold their crypto investments for over five years. 'This signals a growing conviction in crypto as a long-term asset class, not just a tool for quick gains,' Patel said. From 10,000 BTC for two pizzas to Bitcoin becoming a "strategic crypto reserve" among leading global economies, the transformation is staggering. Patel noted that Bitcoin has earned the title of " digital gold " and that top firms like BlackRock, Fidelity, and Grayscale are rapidly increasing their exposure. 'The usage of BTC as a store of value shows the potential of Bitcoin and Altcoins to become the largest asset classes of the 21st century,' he added. With evolving regulations, institutional backing, and widespread retail interest, Bitcoin Pizza Day is no longer just about nostalgia. It's about a financial revolution that began with two pizzas—and is now reshaping the future of money.
Time of India
08-05-2025
- Politics
- Time of India
UK, France, Israel, Netherlands and more nations back Operation Sindoor, acknowledge India's right to self-defence
World leaders have spoken out in support of India's ' Operation Sindoor ', a military strike on terrorist camps in Pakistan and Pakistan-occupied Jammu and Kashmir ( PoJK ) on 7 May. The operation was carried out in response to the 22 April terrorist attack in Pahalgam that killed 26 civilians. #Pahalgam Terrorist Attack Live Updates| From Sindoor to showdown? Track Indo-Pak conflict as it unfolds India's biggest strike against Pakistan since 1971: 70+ terrorists, aides killed Pakistan mounts campaign of lies, deceit and disinformation UK Leaders Speak Out Former UK Prime Minister Rishi Sunak supported India's decision to strike back. He said, 'No nation should have to accept terrorist attacks being launched from another country. India is justified in striking terrorist infrastructure.' Priti Patel, a Member of Parliament in the UK, agreed and said India has the right to protect itself and remove dangerous terrorist setups. 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This might be relevant for you Undo Meanwhile, UK Foreign Secretary David Lammy asked both India and Pakistan to show restraint and choose a diplomatic path. While supporting India's right to security, he also warned against further escalation and called for the protection of civilians. France Understands India's Stand French Foreign Minister Jean-Noel Barrot condemned the April 22 attack and said France understands India's need to protect itself from terrorism. He added that both India and Pakistan should remain calm to avoid worsening the situation. The French government also expressed full support for India's fight against terror. Live Events Israel Stands with India Israel's Ambassador to India, Reuven Azar, said Israel supports India's right to self-defence. He also said terrorists must know there is no hiding from the crimes they commit against innocent people. Netherlands Backs India's Claim on Kashmir Geert Wilders, a Dutch Member of Parliament, tweeted that Kashmir is "100% Indian" and used the hashtag #PakistanBehindPahalgam, showing full support for India. US Lawmakers React US Congressman Shri Thanedar supported India's right to defend itself and said that terrorism cannot be allowed or ignored. He urged the US to back India and said a full investigation into the Pahalgam attack is needed. Another US lawmaker, Raja Krishnamoorthi, stressed the need to fight terrorism and prevent more violence. However, he also urged efforts to avoid a bigger conflict between India and Pakistan. What Was Operation Sindoor? 'Operation Sindoor' was launched in the early hours of 7 May, between 1:05 and 1:30 am. It was a joint strike by the Indian Army , Navy, and Air Force, based on solid intelligence reports. The forces destroyed nine terrorist camps, four in Pakistan (Bahawalpur, Muridke, Sarjal, and Mehmoona Joya) and five in PoJK. These camps were linked to terrorist groups like Lashkar-e-Taiba (LeT), Jaish-e-Mohammed (JeM), and Hizbul Mujahideen. At a press briefing in Delhi, Foreign Secretary Vikram Misri, Colonel Sofiya Qureshi, and Wing Commander Vyomika Singh explained the goals and achievements of the operation. They said India will continue to act firmly against terrorism.
Time of India
01-05-2025
- Entertainment
- Time of India
Words of War: When will the film release in theatres? See release date, storyline, cast and creative team
The upcoming film Words of War tells the story of Russian journalist Anna Politkovskaya . She reported on sensitive topics and paid a high price. The film will open in theaters across the United States on May 2, 2025. #Pahalgam Terrorist Attack Nuclear Power! How India and Pakistan's arsenals stack up Does America have a plan to capture Pakistan's nuclear weapons? Airspace blockade: India plots a flight path to skip Pakistan Storyline The film is based on the real life of Anna Politkovskaya. She was known for reporting on conflicts and human rights issues in Russia. She faced several threats throughout her career. Despite danger, she continued reporting. She eventually lost her life for her work. Also Read: Raising Kanan Season 4 Episode 8: Why was the episode's release delayed? Check out new release date, time, what to expect and where to watch 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click here for more information Undo Cast and Creative Team Maxine Peake , Jason Isaacs and Ciarán Hinds play lead roles in the film. They are featured in a newly released poster with a red background. Other cast members include Ian Hart, Ellie Bamber, Harry Lawtey, Sophie Simnett and Ben Miles. James Strong directed the movie. Eric Poppen wrote the script. Sean Penn is one of the executive producers. He shared that the film aims to highlight the value of honest journalism. He said it is both a tribute and a reflection on the power of truth. Live Events The story shows Anna Politkovskaya's dedication to free press. She believed in telling the truth, no matter the risks. The film reminds audiences of the challenges journalists face worldwide. It presents the cost of speaking out against authority and standing by the facts. Release Date Words of War will premiere in US theaters on May 2, 2025. This date coincides with the United Nations' World Press Freedom Day . Release dates for other countries and streaming platforms will be announced later. FAQs Who is Anna Politkovskaya and why is she important? Anna Politkovskaya was a Russian journalist who exposed corruption and war crimes. She died for reporting truthfully. When will Words of War be available to watch? The film opens in US theaters on May 2, 2025. Global and streaming releases are pending.
