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Cryptocurrency Timeline
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
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
2020December 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
2019January 1, 2019The Crypto Coin Rush Has Begun
More and more coins appearing by the day making this timeline hard to keep up with. Any updates beyond this will really have to be major.
2018September 12, 2018A New Low
The collective market cap of all cryptocurrencies plunges to $186billion, its lowest level this year and the lowest it has been since November 2017.
September 7, 2018Dogecoin is no joke!
Bitcoin and Ethereum hit new lows, while Dogecoin increases in worth by over 100% at the start of September.
August 14, 2018Venezuelan President Nicolás Maduro announced that his government will begin using its oil-backed cryptocurrency on August 20
The petro, which will be the main currency used by state oil firm PdVSA, is part of a broader effort to “end speculation” over Venezuela’s currency, according to Maduro, and put a stop to the bolivar‘s hyperinflation. U.S. President Donald J. Trump imposed sanctions on the petro in March, due..Read More
August 9, 2018The World Bank, in partnership with the Commonwealth Bank of Australia, has launched the world’s first “blockchain bond.”
The Australian multinational will arrange the financial instrument, which the World Bank says will be “created, allocated, transferred and managed through its life cycle using distributed ledger technology.” There is no information yet regarding the value of the bond or when it will be launched. The Financial Times (may be..Read More
August 3, 2018Intercontinental Exchange Inc is Planning to Create a Trading Platform
Bakkt, will be used for digital assets, as well as a bitcoin futures product. The new platform will be built using Microsoft’s cloud technology and work alongside companies such as Starbucks. The plan could draw more interest for cryptocurrencies from traditional financial institutions. Further details will be announced in the..Read More
July 19, 2018Malta Slowly Asserting Itself as “Blockchain Island”
The country sets out to decentralize the MSX, the fintech arm of the Malta Stock Exchange (MSE), by creating a new marketplace for tokenized securities. MSX is partnering with ICO platform Neufund and crypto-exchange Binance to create a regulated and decentralized stock exchange for listing and trading regulated tokens.
July 17, 2018IBM Launches a new Research Center with Columbia University
Technology giant IBM has launched a new research center through a partnership with Columbia University in a move aimed to boost blockchain application development and education initiatives. Opening Tuesday, the center is located in the Manhattan campus of Columbia University in New York City and will, among other things, incubate..Read More
July 16, 2018Spotlite USA, confirmed that its plan to launch the mining machines has fallen through.
The company behind the Kodak-branded KashMiner was first displayed in January at a technology show in Las Vegas and critics such as author David Gerard labeled it a “scam.” Spotlite USA said it licensed the Kodak brand to put on its products and its chief executive said in January that 80..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
June 25, 2018Tron Claims Its Blockchain Is Live, But Its Token Migration Isn’t Over
Tron, the $3 billion decentralized internet project, may have gone live today, but its full “independence” from the ethereum blockchain isn’t yet complete. Although Monday was intended to serve as an “Independence Day” celebration marking both the official launch of its mainnet and the completion of its departure from its former host,..Read More
June 15, 2018The EOS Blockchain Is Now Officially Live
At press time, the blockchain has received more than the 150 million votes needed to determine the individuals or entities that will maintain the distributed network, the world’s fifth largest by total value, thus ending a weeks-long process that had been among the most complex the evolving cryptocurrency market has perhaps ever..Read More
June 14, 2018Banks Unlikely to Apply Blockchain for Cross-Border Payments in Near Future
Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13. In an interview with Reuters, Schwartz argued that despite the fact that banks acknowledge blockchain technology’s potential in reducing transaction times and costs, the technology is still not scalable and not private enough..Read More
June 2, 2018Blockchain start-up raises more than $4bn
Through a so-called initial coin offering, a Cayman Islands-based company, offered EOS tokens in return for ether, a rival cryptocurrency. The offering brought in the equivalent of $4.15bn based on Friday’s exchange rates, according to blockchain advisory New Alchemy, which uses multiple services that track transactions on the ethereum blockchain...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 12, 2018UBI has reported strong growth in its registered user base.
Manna Currency, the non-profit-backed cryptocurrency distributed as universal basic income (UBI), has reported strong growth in its registered user base. Since rebranding in February the company says it now has 185,000 registered users, and is growing at a rate of 1,000 to 2,000 new users per day. Manna Currency says..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
April 9, 2018Carrefour SA, France-based grocery chain, is using blockchain technology to give buyers insight into the life of its chickens.
According to Bloomberg, all you need to do is scan the label of a chicken with your smartphone to learn where the bird came from or whether it ate healthy grain. The initiative is part of a broader industry trend in improving food safety by making it more transparent.
March 26, 2018Twitter to start banning cryptocurrency-related advertisements.
The Verge reported that Twitter will start banning cryptocurrency related ads starting from tomorrow (March 27). This follows bans by Google and Facebook. Twitter says the ban is to “ensure the safety of [its] community” by discouraging opportunities for fraud and deception.
March 22, 2018Myron Scholes and Chairman of JPMorgan, Jacob Frenkel are planning to create the academic’s cryptocurrency.
The Financial Times reported some of the world’s best-known economists including Nobel Prize-winning Myron Scholes and Chairman of JPMorgan Chase International, Jacob Frenkel are planning to create the academic’s cryptocurrency. Known as Saga, it aims to position itself as a more acceptable cryptocurrency for the financial and political establishment.
March 21, 2018Google is working on its own blockchain-related technology to support its cloud business.
It wants to offer a distinct service from its cloud rivals, according to Bloomberg , which interviewed sources familiar with the situation. There is no official announcement yet. Google’s parent company, Alphabet Inc., has invested in various blockchain start-ups.
March 19, 2018USA imposed fresh sanctions on Venezuela by restricting the use of its cryptocurrency.
President Donald J. Trump imposed fresh sanctions on Venezuela by restricting the use of its cryptocurrency, the petro, in U.S financial transactions. The petro was launched to aid Venezuela’s troubled economy, which has been crippled by international sanctions and hyperinflation.
March 17, 2018Cambridge Analytica had a cryptocurrency in the works before it was revealed that it misused up to 87 million Facebook profiles.
The New York Times reported that political data firm Cambridge Analytica had a cryptocurrency in the works before it was revealed that it misused up to 87 million Facebook profiles. The plan, which included launching an ICO and promoting its virtual token, was designed to enable people to sell their..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
March 12, 2018The Coalition Agreement of the new German government
The coalition agreement of the new German government provides to “develop a comprehensive blockchain strategy and to advance an appropriate regulatory framework for trading with cryptocurrencies and tokens at the European and international level”.
February 28, 2018The Marshall Islands is taking steps to launch the world’s first legal tender cryptocurrency.
The Marshall Islands is taking steps to launch the world’s first legal tender cryptocurrency, which will have equal status as the U.S. dollar. The nation partnered with Israeli company Neema to launch the new Sovereign (SOV) cryptocurrency, capped at 24 million.
February 18, 2018The New York Times reported how the risk of physical attacks on cryptocurrency holders.
The risk of physical attacks on cryptocurrency holders has increased since prices shot up last year. From Thailand to Ukraine to New York City, thieves are now threatening real violence – such as holding people captive – in exchange for cryptocurrencies. One man in New York City was held captive..Read More
February 9, 2018Gibraltar will be the first place in the world to regulate initial coin offerings.
The method by which crypto startups raise funds by selling tokens. Gibraltar’s government and Gibraltar Financial Services Commission said that in coming weeks lawmakers will discuss how tokens connected to the UK overseas territory are regulated and promoted.
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, 20185 Major Banks ban customers from buying cryptocurrencies on their credit cards.
Lloyds Banking Group, a UK commercial and retail bank, has banned Lloyds Bank, Halifax, Bank of Scotland, and MBNA customers from buying cryptocurrencies on their credit cards. However, the ban does not apply to debit cards; Lloyds’ decision comes after falling prices in the value of cryptocurrencies, which prompted concerns..Read More
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
February 1, 2018As Sweden’s Central Bank, the Riksbank, is planning to launch its national cryptocurrency called the E-Krona
Riksbank, is planning to launch its national cryptocurrency called the E-Krona, it has launched a project which “aims to investigate the legal and technical conditions for the Riksbank to be able to issue an E-krona.” The decision on whether the bank will issue an E-krona will be taken after the..Read More
January 30, 2018Social media giant Facebook announced a new policy banning ads involving initial coin offerings and cryptocurrencies.
Rob Leathern, its product management director, wrote in a blog post that the “policy is part of an ongoing effort to improve the integrity and security of our ads, and to make it harder for scammers to profit from a presence on Facebook.”
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 25, 2018Switzerland’s Economics Minister, said that the rich Alpine country wants “to be the crypto-nation,”
Johann Schneider-Ammann, Switzerland’s economics minister, said that the rich Alpine country wants “to be the crypto-nation,” the Financial Times reported. According to PwC, four of the ten companies with the biggest initial coin offerings – when crypto startups raise funds by selling tokens – are based in Switzerland.
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 16, 2018France’s Finance Minister Bruno Le Maire said that the country is creating a group to study cryptocurrencies
France’s finance minister Bruno Le Maire said that the country is creating a group to study cryptocurrencies while proposing guidelines for regulations, as reported by Bitcoin.com. Le Maire has appointed Jean-Pierre Landau, a former deputy governor of the Banque de France, to lead the group.
January 16, 2018Bloomberg reported that China is “escalating” a crackdown of cryptocurrencies
Bloomberg reported that China is “escalating” a crackdown of cryptocurrencies by targeting “exchange-like services” including online platforms and mobile apps. Despite banning cryptocurrency exchanges last year, Chinese authorities have noticed a rise in activity on alternative platforms. China was one of the most active markets for bitcoin, but since Beijing’s..Read More
January 15, 2018IMF considered that the concept of blockchain ledgers may have value
Maurice Obstfeld, Chief Economist of the International Monetary Fund (IMF), said in Davos that the IMF considered that the concept of blockchain ledgers may have value. Answering a question about the potential impact of bitcoin turbulence on IMF forecasts, Obstfeld said: “We don’t like to comment on specific cryptocurrencies (but)..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 10, 2018Photo company Eastman Kodak is launching its own cryptocurrency called KodakCoin
Photo company Eastman Kodak is launching its own cryptocurrency called KodakCoin, resulting in its shares soaring to nearly 120 percent. KodakCoin is part of a blockchain-based plan to help photographers own image rights and receive payments.
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 8, 2018The Popular Messaging App Telegram Plans to Launch its Own Cryptocurrency
According to Tech Crunch. Anton Rozenberg, a former employee of Telegram’s publishing division, Telegraph, posted a video on Facebook promoting Telegram’s new blockchain platform, called “Telegram Open Network” (TON).
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
June 7, 2017Market Cap Exceeds $100 Billion
$100 Billion was the amount calculated on coinmarket cap and reported by techcrunch for all cryptocurrencies in market. What the hell is happening to cryptocurrency valuations?
May 31, 2017Over 1000 Different Cryptocurrencies in Market
Over 1000 different cryptocurrencies are in the market, all with different purpose but exceeding the market cap and exposure of cryptocurrencies to the whole world. https://coinmarketcap.com/
May 5, 2017Initial Coin Offering Craze
Several companies raise large amounts of money (as much as $232 million in 10 hours ) through initial coin offerings without showing any product. WTF is an ICO?
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
2016December 13, 2016Top 7 Cryptocurrencies Gain Value
Top 7 Cryptocurrencies establish themselves and all gain value (Dash, Ethereum Classic. Monero, Litecoin, Ripple, Ethereum , Bitcoin). https://www.coindesk.com/not-just-bitcoin-the-top-7-cryptocurrencies-all-gained-in-2016/
November 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.
June 15, 2016DAO Hack Leads Community to the Creation of Ethereum Classic ETC
The Decentralized Autonomous Organization (DAO) is a digital decentralized autonomous organization and a form of investor-directed venture capital fund. https://www.cryptocompare.com/coins/guides/the-dao-the-hack-the-soft-fork-and-the-hard-fork/
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.
July 30, 2015The Ethereum Genesis Block
The Ethereum project is created and introduces smart digital contracts and it’s Whitepaper is introduced. https://github.com/ethereum/wiki/wiki/White-Paper
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
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
2010November 11, 2010200% increase in 5 days
Bitcoin catapults to 36 cents. That’s a 200 percent increase in just five days. This price run-up coincides with popular podcast FreeTalkLive’s episode on digital currencies. Bitcoin stays around that price through the end of January.
July 18, 2010Price Surge to $0.08 & Story Featured on Slashdot.com
Bitcoin surpasses one penny. The price surge to $0.08 comes in the wake of a featured story on Slashdot.com, a popular news and technology website. That’s a tenfold increase in just five days, and bitcoin’s first media splash but a protocol bug the following month stunts momentum through the end..Read More
May 22, 201010,000 Bitcoins for 2 Pizzas
Two pizzas arrive at Laszlo Hanyecz’s doorstep in Jacksonville, Florida, marking the first known purchase of tangible items with the cryptocurrency. The pair of pies — valued at $25 — set Lazlo back 10,000 bitcoins. This amounts to the first concrete valuation; the price of one bitcoin is worth approximately..Read More
2009October 12, 2009The First Known Sale of Bitcoins in USD Takes Place
The first known sale of bitcoins in U.S. dollars takes place: New Liberty Standard sends $5.02 via PayPal to Martti Malmi, and Malmi sends 5,050 BTC to New Liberty Standard, enabling the site to establish the first-ever bitcoin trading service. The price of bitcoin is 0.099 of one penny.
October 5, 2009First U.S. – Bitcoin Exchange Rate Published by New Liberty Standard
The first U.S.–bitcoin exchange rate is published by New Liberty Standard, the first bitcoin exchange site. For one dollar, you can buy 1,309.03 bitcoins. Or, to buy one bitcoin, you need 0.076 of a penny.
January 3, 2009First 50 Bitcoins Mined
The first 50 bitcoins are mined by Satoshi Nakamoto, the pseudonymous inventor of bitcoin.
2008October 14, 2008Bitcoin.org & Whitepaper Introduction
Satoshi Nakamoto introduces bitcoin.org as well as the first ever cryptocurrency Whitepaper. Click to access bitcoin.pdf