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Bitcoin Timeline
2140January 1, 2140The last Bitcoin will be mined around no later than the year 2140 due to block reward halving.
The estimate is 2140 based on the block reward halving frequency of four years. According to math and knowledge that there are 32 halving events, in 2136, the block reward will yield 0.00000168 BTC per day, which is 0.00000042 BTC per block. That’s 42 satoshis. It’s arguable that there could be one additional halving,..Read More
2030January 7, 2030More than 98% of Bitcoins will be mined by this year.
Check out the Bitcoin Clock here: The Bitcoin Halving Clock
2024June 7, 2024The fourth Bitcoin halving will happen at block 840,000
Check out the halving clock here: The Bitcoin Halving Clock
2021October 20, 2021Bitcoin Prices Hit Fresh, All-Time High Above $66,000
Bitcoin prices rose to a brand new record today, breaking through the previous all-time high set earlier this year. The world’s most prominent digital currency reached $66,974.77 around 10:45 a.m. EDT, CoinDesk figures show. At this point, the cryptocurrency’s price has more than doubled in 2021, starting the year out below..Read More
October 17, 2021Bitcoin’s first ETF hits the New York Stock Exchange
Bitcoin broke the $60,000 price barrier over the weekend for the first time since April. That price movement was chalked up to the expectation that the SEC would green light a Bitcoin futures exchange-traded fund. On Monday, that expecation became a reality. On Tuesday ProShares, an exchange trading company, will list an..Read More
September 2, 2021Bitcoin Prices Trade Near $50,000 After Hitting Several Month Highs
Bitcoin prices have repeatedly hit multi-month highs today, rising to the most since May and then fluctuating within a reasonably tight range. The world’s most prominent digital currency climbed to $50,352.00 around 3 a.m. EDT, CoinDesk figures show. Later, around 10 a.m. EDT, it reached $50,374.97, additional CoinDesk data shows. At..Read More
May 19, 2021Bitcoin plunges 30% to $30,000 at one point in wild session, recovers somewhat to $38,000.
Bitcoin plunged 30% to near $30,000 at one point on Wednesday, continuing a major sell-off in the cryptocurrency markets that began a week ago. The digital currency hit as low as $30,001.51 as the selling intensified Wednesday before paring some of those losses. The cryptocurrency hasn’t traded at those levels..Read More
April 14, 2021Bitcoin’s all-time high price of $64,800 was reached.
Bitcoin broke the $60,000 price barrier over the weekend for the first time since April. That price movement was chalked up to the expectation that the SEC would greenlight a Bitcoin futures exchange-traded fund. On Monday, that expecation became a reality. On Tuesday ProShares, an exchange trading company, will list an ETF..Read More
April 10, 2021Bitcoin back above $60,000 as Coinbase gets ready to go public.
The bitcoin bull market rages on: The price of one bitcoin is back above $60,000, and not far from its all-time high, as investors gear up for this week’s eagerly awaited direct listing of cryptocurrency exchange Coinbase Global. Bitcoin has more than doubled this year, and it represents just over half of the..Read More
February 15, 2021A study published in journal Nature Climate Change warns on the growing environmental impact of Bitcoin mining and reports that if Bitcoin is implemented at similar rates at which other technologies have been incorporated, it alone could produce enough emissions to raise global temperatures by 2°C as soon as 2033.
In late January, the price of stock in the video game retailer GameStop soared some 1,700 percent over several days before crashing back down. And while GameStop’s wild ride appears over for now, some of the same speculative frenzy and hype has spilled over into the cryptocurrency markets. Unlike traditional currencies, which are..Read More
February 12, 2021The Government of India announces being in the process levying a complete ban on crypto investment in the country. Existing investors would reportedly get a 3-6 month transition period for liquidating their investments.
The Indian government is said to be levying a complete ban on cryptocurrency investment. BloombergQuint reported the news on Thursday, citing an unnamed “senior Finance Ministry official.” The ban won’t be imposed overnight, according to the official, who said the government would give a three-to-six month transition period for existing investors to..Read More
February 11, 2021The Bank of New York Mellon announces that it will begin financing Bitcoin and other digital currencies. This is regarded as a validation of crypto from a key bank in the financial system.
Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin financing bitcoin and other digital currencies. The custody bank will eventually allow digital currencies to pass through the same financial network it currently uses for more traditional holdings like U.S. Treasury bonds and equities after..Read More
February 11, 2021United States secretary of the treasury Janet Yellen says that “misuse” of cryptocurrencies like Bitcoin is a growing problem, as regulators increase scrutiny after surge in interest. Yellen also emphasizes that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism.”
US Treasury Secretary Janet Yellen has called the “misuse” of cryptocurrencies such as bitcoin “a growing problem”, in a sign that policymakers are increasing their scrutiny of digital assets. Yet the Treasury Secretary – who took up her post in January – also said she saw “the promise” of cryptocurrencies,..Read More
February 10, 2021Analysis by Cambridge University suggests that Bitcoin mining consumes around 121.36 terawatt-hours (TWh) a year,more than the whole of Argentina.
Bitcoin uses more electricity annually than the whole of Argentina, analysis by Cambridge University suggests. “Mining” for the cryptocurrency is power-hungry, involving heavy computer calculations to verify transactions. Cambridge researchers say it consumes around 121.36 terawatt-hours (TWh) a year – and is unlikely to fall unless the value of the..Read More
February 10, 2021American financial services corporation Mastercard announces that that it will begin supporting cryptocurrencies on its network later in the year.
Mastercard said Wednesday that it will begin supporting cryptocurrencies on its network later this year. In a blog post, the payments giant stated that “[w]hatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important..Read More
February 8, 2021Tesla, Inc. announces having bought US$1.5 billion worth of Bitcoin.
Tesla has disclosed in an SEC filing published Monday that it has bought $1.5 billion worth of bitcoin. “In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity,” reads the..Read More
February 3, 2021Credit card company Visa Inc. announces plans to help banks roll out Bitcoin and cryptocurrency buying and trading services with a Visa crypto software program, set to launch later in the year.
Visa, a one-time enemy of the bitcoin and cryptocurrency community, is fast becoming one of bitcoin’s biggest cheerleaders. After partnering with 35 various bitcoin and cryptocurrency platforms in recent years, the credit card company has announced it plans to help banks roll out bitcoin and cryptocurrency buying and trading services..Read More
February 1, 2021European Central Bank governing council member Gabriel Makhlouf warns that Bitcoin investors may “lose all their money” by investing in a “highly speculative asset”.
A European Central Bank governing council member said bitcoin investors should be prepared to lose their entire investment, the latest such warning from a central banker about cryptocurrency volatility. “As the UK authority said a few weeks ago, if people want to invest in bitcoin, they have to be prepared..Read More
January 29, 2021Bitcoin valuation spikes 20% after Elon Musk adds the hashtag #bitcoin to his Twitter bio.
Bitcoin skyrocketed as much as 20% on Friday after Elon Musk added the hashtag #bitcoin to his Twitter bio. The virtual currency climbed suddenly at around 3:30 a.m. ET, adding $5,000 in the space of an hour to trade at $37,299, according to data from industry site CoinDesk. At 8:00 a.m. ET, it extended gains..Read More
January 5, 2021American multinational investment bank JPMorgan Chase predicts that Bitcoin price could rise over US$146,000 in the long term, as it competes with gold as an asset class. Previously, JPMorgan CEO Jamie Dimon has called Bitcoin a “fraud”
Bitcoin’s remarkable ascent past $30,000 has stunned Wall Street — and one of the biggest U.S. investment banks thinks the digital currency could have much further to run. In a note published Monday, JPMorgan made a bold long-term price target for bitcoin, claiming the red-hot cryptocurrency could rally as high as $146,000 as it competes..Read More
2020December 29, 2020American financier Anthony Scaramucci launches the SkyBridge Bitcoin Fund, an institutional grade fund to invest in Bitcoin.
Prominent U.S. financier with a net worth of $200 million, who is also the head of SkyBridge Capital and SkyBridge Bitcoin Fund created in December 2020, has told CNBC’s Squawk Box why he expects Bitcoin to hit $100,000 by the end of this year. Bitcoin may skyrocket due to the..Read More
December 10, 2020Massachusetts-based life insurance company MassMutual invests US$100 million in Bitcoin for its general investment fund.
Massachusetts Mutual Life Insurance Co. has purchased $100 million in Bitcoin for its general investment fund, the latest mainstream firm to dabble in digit assets. The mutual insurer also acquired a $5 million minority equity stake in NYDIG, a subsidiary of Stone Ridge that provides cryptocurrency services to institutions, according to..Read More
December 3, 2020Private German bank Hauck & Aufhäuser announces launch of a cryptocurrency fund which includes Bitcoin, Ethereum, and Stellar, in an attempt to pursue a passive investment strategy.
Private German bank Hauck & Aufhauser is launching a cryptocurrency fund in January 2021. According to an announcement on Thursday, the HAIC Digital Asset Fund will be aimed at institutional clients and hold a number of cryptocurrencies such as bitcoin, ether and stellar. The minimum investment will be US$243,000. Frankfurt-headquartered Hauck & Aufhauser said it has..Read More
November 30, 2020Bitcoin reaches a new all time high of $19,860, surpassing the previous peak of $19,783 from December 2017.
BITCOIN has just hit a new all-time high of $19,860 today smashing through its former ceiling of $19,783 recorded in December 2017 as analysts predict a bull-run until the end of the year with the price soaring to $50,000 per coin. Speaking to Express.co.uk Antoni Trenchev, managing partner of the financial..Read More
November 29, 2020The Russian prime minister outlines the government’s plans to recognize Bitcoin and other cryptocurrencies as property with legal protection.
During the government meeting on Thursday, Russian Prime Minister Mikhail Mishustin talked about Russia’s plans for cryptocurrency regulation alongside other initiatives to fight against the spread of the coronavirus pandemic. After outlining several solutions the Russian government has come up with, Mishustin said, “Another solution concerns cryptocurrencies.” He added that..Read More
November 27, 2020The Chinese police seizes crypto assets worth more than US$4.2 billion (including 194,775 BTC) from PlusToken, a cryptocurrency Ponzi scheme disguised as a high-yield investment program.
Crypto assets worth more than $4.2 billion have been seized by Chinese police during the massive PlusToken Ponzi scheme crackdown, according to a new court ruling. In a November 19 judgment made public on Thursday, the Jiangsu Yancheng Intermediate People’s Court has detailed the breakdown for the first time of..Read More
November 23, 2020Researchers analyzing Satoshi Nakamoto’s activities conclude that he launched Bitcoin from London.
Satoshi didn’t leave much behind when he decided to leave the scene for good back in April, 2011. But, he did leave enough for us to conduct a thorough research into his whereabouts when he was working on Bitcoin. Methodology To conduct this research, we gathered data from the following: Satoshi’s Bitcointalk account (539 available..Read More
November 16, 2020A senior Citibank analyst predicts that Bitcoin could potentially reach US$318,000 in value by December 2021.
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin. The whole of bitcoin’s existence has been characterized by major price swings, “exactly the kind of thing that sustains a long-term trend,” said Thomas Fitzpatrick, global head of..Read More
October 21, 2020American financial services company PayPal announces a new service allowing all users in the United States buy, hold, or sell bitcoin using PayPal.
PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the U.S. digital payments company’s online wallets. PayPal customers will also be able to use cryptocurrencies to shop at the 26 million merchants on its network starting in..Read More
October 8, 2020American payments company Square, Inc. announces having purchased 4,709 bitcoins (about US$50 million) in investment, representing 1% of the firm’s total assets.
Square, the payments company helmed by Twitter CEO Jack Dorsey, announced Thursday it has purchased 4,709 bitcoins, a $50 million investment representing 1% of the firm’s total assets. “Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary..Read More
September 29, 2020Bitcoin Unlimited has its stable release.
This is a minor bugs fix release of BCH Unlimited compatible with the upcoming protocol upgrade of the Bitcoin Cash network. You could find Nov 15th, 2020 upgrade specifications here: https://gitlab.com/bitcoin-cash-node/bchn-sw/bitcoincash-upgrade-specifications/-/blob/master/spec/2020-11-15-upgrade.md This is the list of the main changes that have been merged in this release: fix a 1.9.0 issue..Read More
August 11, 2020American business intelligence company MicroStrategy announces having purchased 21,454 bitcoins at a price of US$250 million, with the purpose to hold as a treasury reserve asset.
MicroStrategy^® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the..Read More
July 31, 2020A reported 130 high-profile Twitter are compromised by outside parties to promote a bitcoin scam. Twitter would later confirm that the perpetrators had gained access to Twitter’s administrative tools so that they could alter the accounts themselves and post the tweets directly.
A 17-year-old in Tampa, Florida, is accused of taking over the Twitter accounts of Elon Musk, Bill Gates, Barack Obama and numerous other celebrities to scam people into sending the teen bitcoin. The teen, whose name and photo CNBC is not publishing because the teen is a minor, was arrested and charged,..Read More
June 10, 2020Asia-Pacific bottling company Coca-Cola Amatil starts offering Bitcoin payment options in Australia and New Zeland, with more than 2,000 vending machines in those countries letting customers buy a Coke with bitcoin.
More than 2,000 vending machines in Australia and New Zealand will let customers buy a Coke with bitcoin. Coca-Cola Amatil, the Asia-Pacific bottling giant, has partnered with digital assets platform Centrapay to integrate bitcoin as a payment option from its vending machines across Australia and New Zealand. This means over 2,000 smart vending machines..Read More
May 11, 2020The third Bitcoin halving should take place around this date on block 630,000. The amount of new Bitcoins issued every 10 minutes will drop from 12.5 Bitcoins to 6.25.
The next halving will likely occur in 2024. What is the halving, how does it affect the price, and what does it mean for miners and the cryptocurrency’s long-term prospects? Here’s everything you need to know. “The halvening” sounds like a horror movie about an ax murderer. But it’s actually..Read More
May 7, 2020American hedge fund manager Paul Tudor Jones reportedly buys Bitcoin as an inflation hedge in order to seek protection against central banks around the globe printing money to relieve coronavirus-battered economies.
Legendary trader Paul Tudor Jones is reportedly buying bitcoin as an inflation hedge as central banks around the globe print money to relieve coronavirus-battered economies. Jones, one of Wall Street’s most-successful and seasoned hedge fund managers, revealed in a message that one of his funds holds a low single-digit percentage..Read More
April 8, 2020Bitcoin Cash undergoes halving event, reducing its block rewards by half, and causing many miners to see gross margins drop to near zero.
Bitcoin Cash – the blockchain that forked off Bitcoin in 2017 – has just reduced its block rewards by half, causing many miners to see gross margins drop to near zero. The world’s fifth-largest cryptocurrency network by market capitalization reached block height 630,000 at roughly 12:20 UTC on Wednesday – by design triggering the so-called..Read More
February 3, 2020The Chinese government shuts Bitcoin mining farms in order to contain the outbreak of the COVID-19 epidemic in the country.
As the Coronavirus epidemic is getting worse, Chinese authorities are shutting down Bitcoin mining farms to contain the spread. Jiang Zhuoer, the operator of mining pool BTC.Top, revealed on Weibo last Tuesday that his mining facility and several others were shut down by local police, citing the ongoing epidemic. “I have a..Read More
2019November 20, 2019Bitcoin.com launches the US$200 million Bitcoin Cash Ecosystem Fund, which focuses on payment solutions and non-custodial financial services for Bitcoin Cash.
The new $200 million Bitcoin Cash Ecosystem Fund will focus on payment solutions and non-custodial financial services for Bitcoin Cash. Bitcoin.com, the Bitcoin (BTC)-related firm backed by crypto evangelist Roger Ver, is planning to launch its $200 million Bitcoin Cash (BCH) investment fund. Ver has announced the news speaking at..Read More
November 6, 2019Tokens.net Seals Partnership With Bitcoin.com as an Official SLP Partner
Simple Ledger Protocol (SLP) is a protocol for token creation on the Bitcoin Cash (BCH) chain, promoting tokenization of assets in a simple and effective way. The Simple Ledger Protocol provides electronic wallets, block explorers, social media bots, token faucets and back-end infrastructure, as well as protocols for token creation..Read More
October 6, 2019The 18 millionth bitcoin is mined.
Today, The 18 Millionth Bitcoin Will Be Mined, Leaving Only 3 Million Left! Before Bitcoin, numerous attempts were made at creating a form of digital cash. Nick Szabo, who had been thought to be the cryptocurrency’s creator – Satoshi Nakamoto – first created the proof-of-work system that cryptocurrencies use today, but his Bit..Read More
June 1, 2019The French education ministry announces the inclusion of Bitcoin in the school curriculum, noting how it will use the cryptocurrency to help students think about the characteristics of money.
Read the full documentation here: Sciences économiques et sociales
May 21, 2019American author Ben Mezrich publishes Bitcoin Billionaires: A True Story of Genius, Betrayal and Redemption, which tells the story of brothers Tyler and Cameron Winklevoss’s big bet on Bitcoin. The book parallels The Accidental Billionaires, published in 2009 by the same author.
Ben Mezrich’s 2009 bestseller The Accidental Billionaires is the definitive account of Facebook’s founding and the basis for the Academy Award–winning film The Social Network. Two of the story’s iconic characters are Harvard students Tyler and Cameron Winklevoss: identical twins, Olympic rowers, and foils to Mark Zuckerberg. Bitcoin Billionaires is the story of the brothers’..Read More
January 17, 2019Coin-cashing machines operating company Coinstar announces it will start selling Bitcoin at grocery stores.
Coinstar, the maker of kiosks that turn loose change into cash and gift cards, has partnered with cryptocurrency ATM startup Coinme to let users buy bitcoin. The Seattle-based companies said bitcoin is available for purchase at select Coinstar kiosks in Safeway and Albertsons stores in California, Texas and Washington. As..Read More
January 1, 2019The government of Abkhazia temporarily shuts down 15 mining farms in the country, in a short-term measure meant to alleviate power shortages during the cold winter months. The shut down facilities have a total power capacity of 8,950 kWt, and their consumption is equal to that of 1,800 households.
Chernomorenergo, the state-owned company responsible for the electricity distribution in the breakaway republic, said it disconnected all mining farms it managed to locate. The utility announced on its Facebook page that the shut down facilities had a total power capacity of 8,950 kWt. Their consumption is equal to that of 1,800 households,..Read More
2018November 15, 2018A hard fork chain split of Bitcoin Cash occurs between two rival factions, Bitcoin Cash and Bitcoin SV.
The combined value of the two coins spawned from the so-called forking is less than that of a single Bitcoin Cash coin Wednesday, according to data from exchange Poloniex. Bitcoin Cash SV, as one version is called, is trading at about $96.50, and Bitcoin Cash ABC, the other is $289, or..Read More
September 14, 2018Hackers steal 6.7 billion yen (US$60 million) in Bitcoin and two other cryptocurrencies from Japan-based cryptocurrency exchange Zaif.
The licensed exchange, called Zaif, is operated by the Tech Bureau. It said on Thursday that the exchange first noticed an unusual outflow of funds on the platform around 17:00 Japan time on September 14, after which the company suspended asset deposit and withdrawal services. Tech Bureau explained that after further investigation,..Read More
September 11, 2018A Bitcoin Cash developer discovers the vulnerability CVE-2018-17144 in the Bitcoin Core software that could allow an attacker to crash vulnerable Bitcoin Core nodes and exceed the 21 million coin limit.
CVE-2018-17144, a fix for which was released on September 18th in Bitcoin Core versions 0.16.3 and 0.17.0rc4, includes both a Denial of Service component and a critical inflation vulnerability. It was originally reported to several developers working on Bitcoin Core, as well as projects supporting other cryptocurrencies, including ABC and..Read More
August 7, 2018Bitcoin ATMs Now In The Thousands Around the World
Coinatmradar.com reports a milestone of the 3,500 threshold being crossed for bitcoin ATMs (BATM) installed across the globe. One of the goals behind bitcoin automated teller machines is ease of onboarding to the world of crypto. A bear market – a protracted Crypto Winter – appeared to slow BATMs’ placement...Read More
July 13, 2018Bitcoin Just Hit $8,000, Here’s What’s Pushing It Up
The bitcoin price has today climbed above the $8,000 mark for the first time since mid-May, leading many to predict a return to the bull run that last year powered bitcoin to almost $20,000. The latest boost for bitcoin comes after a week that saw it add almost 20% to its..Read More
July 12, 2018Bitcoin Will Die At $43 As Mining Costs Far Exceed Profitability
Bitcoin doomsday prophets are at it again. This time, they are saying that the top-ranked cryptocurrency will die out at $43. In other news, BTC prices have taken another slump, hovering below the $6,200 mark. The Three Likely Paths for Bitcoin Bloomberg’s Noah Smith yesterday (July 11, 2018) highlighted three main..Read More
July 10, 2018Bitcoin is the best bet for cryptocurrency investors, says Wall Street Trader
Bitcoin is still the best bet for crypto investors as people are “functionally using” it, Bart Smith told CNBC. “If you want to own the asset that you can actually use today and that people are functionally using, it’s bitcoin,” Smith, head of digital asset at trading giant Susquehanna International..Read More
July 5, 2018India’s Central Reserve Bank (RBI) Directs All the Country’s Banks (The Hindu) to Stop Payments to Cryptocurrency Exchanges.
The central bank has given three months to banks to end all existing relationships with bitcoin players. However, the central bank, in an interesting move, also said it is keen on floating its own cryptocurrency or digital currency going ahead. “Rapid changes in the landscape of the payments industry along..Read More
July 2, 2018Bitcoin Futures Killed the Bitcoin Rally (and Will Keep It from Returning), Economists Say
Predicting the future direction of Bitcoin and other cryptocurrencies has often proved to be a fool’s errand. One explanation cited by some economists for this year’s collapse in digital currency prices also suggests that a major Bitcoin rally may not return for a while. An article written by noted Japanese economist Yukio..Read More
June 17, 2018Bitcoin Could Break the Internet, Central Bank Overseer Says
The Bank for International Settlements just told the cryptocurrency world it’s not ready for prime time — and as far as mainstream financial services go, may never be. In a withering 24-page article released Sunday as part of its annual economic report, the BIS said Bitcoin and its ilk suffered from “a..Read More
June 10, 2018Bitcoin swoons 10% after news of South Korea crypto exchange hack, leading a broad cryptocurrency selloff
Bitcoin tumbled more than 10 percent over the weekend to its lowest in two months, after a relatively small South Korean exchange said it was hacked. Over the weekend, crypto exchange Coinrail tweeted that it was hacked, and noted that lesser-known cryptocurrencies such as Pundi X were among those affected, according..Read More
May 24, 2018The U.S. Department of Justice Launches a Criminal Investigation on Crypto
A criminal investigation was launched into whether the price of bitcoin and other cryptocurrencies are being manipulated by traders. Investigators are looking into practices such as spoofing, in which traders flood the market with fake orders that are unlikely to trade, typically with the intent of canceling, to trick others to..Read More
May 16, 2018Bitcoin mining will consume 0.5 percent of the world’s electricity by the end of 2018.
A new study by economist and blockchain expert Alex de Vries finds. Mining requires energy to solve complex mathematical calculations in order to generate new bitcoins. The situation will likely get worse as the value of bitcoin rises. “You are generating numbers the whole time and the machines you’re using for..Read More
May 2, 2018Goldman Sachs is looking into opening a bitcoin trading desk.
The New York Times reported that Goldman Sachs is looking into opening a bitcoin trading desk. This may seem like an institutional shift in perception for the crypto-economy but Tech Crunch clarified that Goldman Sachs has just hired one person to look into the possibilities, so there’s no official trading..Read More
April 27, 2018Bitcoin could hit $700,000 and replace Gold.
John Pfeffer, a partner at London-based Pfeffer Capital, said that bitcoin could hit $700,000 and replace gold (The Independent), and that the entire network could one day be worth more than $6 trillion. His remark was made at Sohn investment conference in New York City, a place for investors to..Read More
March 14, 2018Google announced in a blog post it will be banning all cryptocurrency related adverts.
Google announced in a blog post it will be banning all cryptocurrency-related adverts – including for bitcoin, trading advice, and initial coin offerings (ICOs) – starting from June. It did not give an explanation why. According to the BBC, the value of Bitcoin, Ethereum, and Ripple all dipped after the..Read More
February 6, 2018The value of Bitcoin dropped even lower to below $6000
CNBC reported that $550 billion of the cryptocurrency market has been wiped out in just under a month.
February 5, 2018Bitcoin is at its lowest value since it peaked in November 2017
Bitcoin is at its lowest value since it peaked in November, crashing 40 percent (Financial Times) and dropping below $6000. Over $60 billion of the cryptocurrency market was wiped out in 24 hours on 4-5 February. In recent weeks, the market has seen tougher regulations worldwide from China, India, and..Read More
January 29, 2018Coincheck, one of Japan’s biggest cryptocurrency exchanges, losses $534m in the largest cyber heist ever.
The exchange stopped trading all cryptocurrencies except bitcoin on Friday after $534m NEM coins, a lesser-known currency, were stolen. CNN reported that Coincheck promised to partially fund some of the investors affected by the loss, though it’s unclear when and how. Japan’s Financial Services Agency plans to take administrative actions against the..Read More
January 17, 2018Bitcoin’s value dropped 50% to below $10,000
Bitcoin’s value dropped 50 percent to below $10,000, a massive blow to the crypto-community after touching almost $20,000 at the end of 2017. Following the plunge, Reddit’s cryptocurrency page posted a link to the U.S. national suicide hotline, saying that: “The hardest hit people are one of the following: Newcomers,..Read More
January 16, 2018Bitconnect Shutting Down
Bitconnect, the bitcoin lending and exchange platform which has long been accused of running a Ponzi scheme, announced that it is shutting down. It said in a statement that the shutdown was in part due to continuous “bad press,” and that while it will close for lending and exchange, it..Read More
January 15, 2018Joachim Wuermeling says “to regulate Bitcoin must be through international cooperation”
Joachim Wuermeling, a member of the board of Germany’s Bundesbank, said that attempts to regulate bitcoin must be through international cooperation as it’s hard to enforce national or regional regulations on a currency that exists through a borderless, virtual community.
January 11, 2018South Korea’s Government said it plans to ban cryptocurrency trading.
The price of bitcoin plummeted after South Korea’s government said it plans to ban cryptocurrency trading. Seoul’s justice minister said that bitcoin was causing the government “great concern.” Its law enforcement agencies are also raiding local cryptocurrency exchanges to look into tax evasion, including two of the nation’s largest: Bithumb..Read More
January 9, 2018JPMorgan Chase CEO Jamie Dimon “regrets” calling Bitcoin a “fraud”
Last September he branded it a fraud adding that “the currency isn’t going to work.” Larry Fink, another high-profile executive, at BlackRock, likened the demand for bitcoin to the “demand for money laundering.” (Financial Times)
January 3, 2018Trading Bitcoin is “Forbidden” in Islam
Egypt’s Grand Mufti Shawki Allam, the highest official of religious law, declared trading on bitcoin as “forbidden” in Islam. In a strongly worded fatwa (religious edict), Allam said the cryptocurrency risks “fraudulence, lack of knowledge, and cheating”.
January 2, 2018Peter Thiel’s Founders Fund bought around $15 – $20 million dollars in Bitcoin
The Wall Street Journal reported that Peter Thiel’s Founders Fund bought around $15-to-$20 million of dollars in Bitcoin. The report did not confirm whether the fund sold any of its holdings. Thiel is known for co-founding PayPal and being an early investor in Facebook. Read more: Why digital money is..Read More
2017December 17, 2017BTC Hits $19,783
Satoshi Nakamoto’s unit of decentralized exchange explodes to a gut-punching all-time high of $19,783 per bitcoin, one week after bitcoin futures made their debut on the Chicago Board Options Exchange. The good feeling doesn’t last long: Suspicious trading preceding the Coinbase debut of the bitcoin spinoff, Bitcoin Cash, a few..Read More
November 28, 2017BTC Blasts Past $10,000
Bitcoin blasts past $10,000 mark. Hours later the price tops $11,000 and keeps powering higher. The meteoric rise gets a shrug from investors, and stays within range of its peak valuation past the Thanksgiving holiday weekend. The main price-drivers are new main-street investors: Bitcoin adoption has skyrocketed among average Joes..Read More
July 7, 2017Bitcoin Forks into Bitcoin (BTC) and Bitcoin Cash (BCH)
The community decides to fork the bitcoin project and create Bitcoin Cash to offer quicker transactions at 8MB. https://bitcoinmagazine.com/articles/birth-bch-first-crazy-days-bitcoin-cash/
June 15, 2017BTC Briefly Crashes by 19% after $3,000 Milestone
Bitcoin briefly crashes by 19% overnight, just days after breaking past the $3,000 milestone. By mid-July analysts at Morgan Stanley say that “Bitcoin acceptance is virtually zero and shrinking,” and the price plummets to a 49-day low, diving below $2000. Bulls go with a wait-and-see approach. It works: Bitcoin is..Read More
April 1, 2017BTC Above $1000 Again
After a steady climb through late 2016, bitcoin sprints into the new year, rises above $1,000 yet again on January 1. On April Fools’ Day, Japan legalizes bitcoin as a method of payment, sending its value even higher. Wall Street behemoths stake a growing share of their wealth — and..Read More
2016November 3, 2016SBB Upgraded All Ticket Machine for BTC Use
The Swiss Railway operator SBB (CFF) upgraded all their automated ticket machines so that bitcoin could be bought from them using the scanner on the ticket machine to scan the bitcoin address on a phone app.
September 19, 2016Bitcoin ATMs Doubled
The number of bitcoin ATMs had doubled over the last 18 months and reached 771 ATMs worldwide.
August 7, 2016Bitfinex Hacked
A major bitcoin exchange, Bitfinex, was hacked and nearly 120,000 BTC (around $60m) was stolen.
July 18, 2016Uber Switches to BTC in Argentina
Researchers published a paper showing that by November 2013 bitcoin commerce was no longer driven by “sin” activities but instead by legitimate enterprises. Uber switched to bitcoin in Argentina after the government blocked credit card companies from dealing with Uber.
May 10, 2016Cabinet of Japan Recognizes Virtual Currencies
The Cabinet of Japan recognized virtual currencies like bitcoin as having a function similar to real money. Bidorbuy, the largest South African online marketplace, launched bitcoin payments for both buyers and sellers.
April 2, 2016Steam Accepts Bitcoin
Steam started accepting bitcoin as payment for video games and other online media.
2015October 13, 2015Unicode Consortium Proposal
A proposal was submitted to the Unicode Consortium to add a codepoint for the bitcoin symbol.
August 5, 2015160,000 Merchants Accept Bitcoin Payments
It was estimated that 160,000 merchants accept bitcoin payments. Barclays announced that they would become the first UK high street bank to start accepting bitcoin, with a plan to facilitate users to make charitable donations using the cryptocurrency outside their systems.
March 15, 201521 Inc Raises $116 Million in Venture Funding
21 Inc announced it had raised 116 million USD in venture funding, the largest amount for any digital currency-related companies.
January 10, 2015Coinbases Raises $75 Million as Series C Funding Round
Coinbase raised 75 million USD as part of a Series C funding round, smashing the previous record for a bitcoin company. Less than one year after the collapse of Mt. Gox, United Kingdom-based exchange Bitstamp announced that their exchange would be taken offline while they investigate a hack which resulted..Read More
2014December 22, 2014Microsoft Accepts Bitcoin for Software Purchases
Microsoft began to accept bitcoin to buy Xbox games and Windows software
September 10, 2014CFTC Swap Product Approving BTC as a Financial Product
TeraExchange, LLC, received approval from the U.S.Commodity Futures Trading Commission “CFTC” to begin listing an over-the-counter swap product based on the price of a bitcoin. The CFTC swap product approval marks the first time a U.S. regulatory agency approved a bitcoin financial product.
June 18, 2014St. Petersburg Bowl under 2 Year Deal With BitPay
The network exceeded 100 petahash/sec and it was announced that bitcoin payment service provider BitPay would become the new sponsor of St. Petersburg Bowl under a two-year deal, renamed the Bitcoin St. Petersburg Bowl. Bitcoin was to be accepted for ticket and concession sales at the game as part of the..Read More
February 10, 2014Mt. Gox Files For Bankruptcy
One of the largest bitcoin exchanges, Mt. Gox, suspended withdrawals citing technical issues. By the end of the month, Mt. Gox had filed for bankruptcy protection in Japan amid reports that 744,000 bitcoins had been stolen. Months before the filing, the popularity of Mt. Gox had waned as users experienced..Read More
January 12, 2014Zynga Testing Bitcoin for Purchasing
Zynga announced it was testing bitcoin for purchasing in-game assets in seven of its games. That same month, The D Las Vegas Casino Hotel and Golden Gate Hotel & Casino properties in downtown Las Vegas announced they would also begin accepting bitcoin, according to an article by USA Today. The..Read More
2013November 29, 2013Bitcoin Hits $1000
Bitcoin soars past the $1,000 mark, near doubling in value in the span of a week. The frenzied buying appears to be propelled by Chinese investors, who, it’s assumed, want to move their money into untraceable accounts. Bitcoin peaks at $1,216.70 by the end of the month. The price won’t..Read More
April 11, 2013Mount Gox Glitch to $67
Bitcoin goes from $200 apiece one day to just $67 the next morning as a flash panic sell-off roils the market. Mount Gox, still the leading bitcoin exchange, waves off the event as a technical glitch. The price rises back to pre-rally levels by the end of the week.
2012April 1, 2012Bitcoin Hits $100 in April Fools’ Day
After nearly two years of inertia, bitcoin hits $100 for the first time on April Fools’ Day and then booms — doubling to more than $200 apiece in the span of a week. The catalyst is the Cyprus banking crisis and, specifically, President Nicos Anastasiades’s proposal to tax every single..Read More
2011July 5, 2011First Major Theft for BTC
Bitcoin Forum member, allinvain, claims that 25,000 BTC were stolen from his wallet. At the time, the exchange rate put the amount close to US$375,000. https://bitcointalk.org/index.php?topic=16457.0
June 19, 2011Mount Gox Raided, BTC Falls to $0.01
A raid of Mount Gox, at that point the leading online bitcoin exchange, prompts a temporary free fall: The dollar value plunges to $0.01 per bitcoin before a swift, partial recovery to $15 moments later. This flash crash begets the first major deflation spiral for bitcoin, as investors, spooked by..Read More
June 9, 2011BTC Hits $31
The price spikes to $31 per bitcoin after a Gawker exposé on darknet drug-market Silk Road goes viral in early June. That’s a 6 percent increase from its January price.
February 9, 2011Bitcoin Crosses the $1 Barrier
Bitcoin crosses the one-dollar barrier, a 1,000 percent rise in six months. The first angel investors start to purchase bitcoin. Among them is Roger Ver, who made his inaugural $25,000 bitcoin purchase as the price arched toward, and then eclipsed, the dollar mark. The knock-on effect would garner more attention..Read More