Today marks the 50th birthday of Satoshi Nakamoto, the mysterious mind behind Bitcoin. From a quiet whitepaper in 2008 to a trillion-dollar network today, he (or they) changed the game.
Bitcoin’s first block? A nod to the 2008 financial crisis. Fifteen years later, it’s thriving. The network now secures over $1.6 trillion in value, and its influence goes far beyond finance.
What’s new in Bitcoin in the past year?
April 20, 2024: The fourth Bitcoin halving
Miners got a bit of a haircut, but the market matured. Bitcoin’s price barely moved, showing how much the market has grown up.
May 31, 2024: DMM Bitcoin Hack
A massive breach at DMM Bitcoin, losing 4,502.9 BTC worth $306 million. The company is shutting down and transferring accounts.
December 5, 2024: Bitcoin breaks $100K
Bitcoin finally broke the six-figure barrier, crossing $100,000. Pro-crypto policies and ETF approvals boosted investor confidence.
January 3, 2025: Record-breaking Hashrate
The network’s hashrate hit over 1,000 exahashes per second for the first time, doubling from early 2024 levels.
March 7, 2025: Trump creates Bitcoin Reserve
President Trump signed an executive order to create a “Strategic Bitcoin Reserve,” stocked with BTC seized in criminal cases.
March 24, 2025: Strategy crosses 500K Bitcoin
Michael Saylor’s firm, Strategy, became the first company to hold more than half a million Bitcoin, worth over $43 billion.
March 26, 2025: GameStop joins the Bitcoin club
GameStop announced it would allocate part of its $4.75 billion treasury to Bitcoin, marking another sign of mainstream adoption.
Bitcoin’s price is currently at $83,493, dropping almost 2% in 24 hours, with a market cap of $1.65 trillion and 24-hour trading volume values at $39.94 billion, surging 12.03%.
Satoshi’s identity may still be unknown, but his vision is more alive than ever. Fifty years after his supposed birth, Bitcoin is no longer just an experiment—it’s a movement that’s still gathering momentum.
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2025-04-05 12:21