18 years ago today, in the middle of the 2008 financial crisis, an unknown person called Satoshi Nakamoto published a 9-page paper on a new kind of money called Bitcoin.
Since then:
- 2009: The Bitcoin network goes live, Satoshi sends the first Bitcoin transaction to Hal Finney.
- 2010: Someone pays 10,000 BTC for two pizzas
- 2011: Bitcoin hits $1
- 2012: First halving
- 2013: Bitcoin crosses $1,000
- 2016: Second halving
- 2017: Bitcoin crosses $10,000, and CME launches Bitcoin futures
- 2020: Third halving, and Strategy starts buying Bitcoin
- 2021: Tesla buys $1.5B of Bitcoin, and El Salvador makes it legal tender, Bitcoin reaches a $1 trillion market cap
- 2024: Spot Bitcoin ETFs launch, fourth halving, and Bitcoin crosses $100,000
- 2025: The US creates a Strategic Bitcoin Reserve, and Bitcoin hits a record $126,198
- The 20 millionth Bitcoin is mined.
All of this without its creator, who disappeared in 2011 and has never been found.
Happy 18th birthday, Bitcoin.
@Coinvo The scale of this wallet cluster is insane.
Everyone is watching those 19 addresses like a hawk waiting to see if mixers can even handle that volume.
That numbers breakdown paints a grim picture.
The recovery process and stablecoin freezes will determine whether the market can absorb this without a prolonged crash.
BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen:
• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies
This is the largest hack in crypto history.
JUST IN: 🇨🇳 China buys 740,000 ounces of gold worth $3,100,000,000
This is the 23rd consecutive month of gold accumulation by the Chinese government.
Over the past 23 months, China has added 4.67 million ounces of gold to its reserves, worth approximately $19.5 billion.
China now holds roughly $323.5 billion worth of gold in its reserves.
@Kalshi Calling out rare earth dominance as economic coercion is direct language from Japan.
With supply chain decoupling accelerating,critical mineral diplomacy is only going to get uglier.
@Cointelegraph At this point those coins are basically burned.
Anyone holding a million bitcoin:native through multiple cycles without selling a single sat is either dead or a saint.