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The seller even got help from Bitcoin founder Satoshi Nakamoto, though it's still up in the air whether the artist actually made the "sale." Crypto Twitter was briefly set ablaze on May 14 with a suggestion that the world’s first real-world purchase made by Bitcoin may have been for a JPEG, not pizza.  In a tweet from independent developer Udi Wertheimer, the Bitcoin advocate shared a screenshot showing what could have been the first-ever purchase using Bitcoin — even predating the infamous Bitcoin Pizza. This Twitter Space was FIRE We discovered that: the first purchase EVER with bitcoin was buying a JPEG for 500 BTC in Feb 2010 it pre-dates the the famous 10,000 BTC pizza satoshi himself helped facilitate the JPEG sale laser-eye cult in absolute SHAMBLES pic.twitter.com/b6ESOkbf0i — Udi Wertheimer ‍️ (@udiWertheimer) May 14, 2023 The posted screenshot is dated Jan. 24, 2010, a full four month s before Bitcoin Pizza Day — where Bitcoin developer ​​Laszlo Hanyecz ...

Ethereum price has turned oversold against Bitcoin, raising the possibilities of a rebound in the coming weeks. Ethereum's native token, Ether (ETH), continues its multi-month downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter's 19.5% gains on a month-to-date (MTD) timeframe. Bitcoin overshadows Ethereum amid banking crisis As of March 23, the ETH/BTC pair was down about 9% month -to-date (MTD) to 0.0633 while staying on course to record its worst month since September 2022 when it fell 11.75%. ETH/BTC monthly price chart. Source: TradingView From a fundamental perspective, traders preferred Bitcoin over Ether, hoping it would protect them from the ongoing banking turmoil in the U.S. and other parts of the world. The narrative gained momentum in recent weeks as Wall Street investors like Cathie Wood see Bitcoin as a potential "flight to safety" asset. ️CATHIE WOOD: #Bitcoin's response to the banking crisis is the most dramatic example that i...