January 2018 — December 2020: Bitcoin recovers and soars even higher After the huge melt-up of 2017, Bitcoin spent most of 2018 in a downtrend, falling throughout the year, following a brief surge to start the year. By the end of the first quarter, Bitcoin was down nearly 50 percent from where it had started the year. It spent much of the year bouncing between $6,000 and $8,000 before closing 2018 at $3,709 — down 73 percent for the year. The year 2019 kicked off with more of the same, as Bitcoin looked for direction. It tried to burst through $4,000 for the first few months, but finally hit it in April and then rose to $5,000. May came and Bitcoin reached $6,000, then $7,000, then $8,000 before settling back in early June. That month Bitcoin swiftly spiked to $13,000 before coming back.
By September, Bitcoin was back solidly under $10,000, and it continued to search for direction and fell until the end of the year, finishing out 2019 at just under $7,200.
But with the turn of the calendar to 2020, Bitcoin picked up, rising over the next six weeks to above $10,000. In the midst of the stock market downturns during the initial COVID-19 pandemic wave, Bitcoin wavered, falling to $8,000. Then during the drawdown, it plummeted on March 12, 2020 — from $7,935 to $4,826 in a single day, a decline of more than 39 percent!
By early April, it was back above $7,000, then $8,000 and finally began pushing $10,000 in May. After dawdling for a couple of months, it finally rose to more than $11,000 in July and $12,000 in August. It settled over the next few months, until October, when it pushed through $13,000 again and ultimately vaulted to nearly $20,000 in November 2020, as financial markets tore higher on liquidity from the Federal Reserve and the prospect of a COVID vaccine. Bitcoin raced higher during December 2020 and closed out the year at $28,949.
August 2013 — December 2017: Bitcoin breaks through to popular consciousness
After months of consolidating from its rise earlier in the year, Bitcoin reached new heights in November 2013. Priced at $213 entering the month, Bitcoin doubled to nearly $435 just 12 days later. By the end of the month, it had nearly tripled from there, up to more than $1,200, before ending the year at $805, a real downdraft, but still up from just $541 a couple of weeks before. Late in the year, the People’s Bank of China banned financial institutions from using bitcoins. The year 2014 saw Bi
#BitcoinHashRateSurge The first price of bitcoin is $0.00099 per bitcoin. While Bitcoin was officially launched on January 3, 2009, it’s tough to find any standard pricing before mid-2010. That’s because there weren’t exchanges in the same way that there are today.
It was in 2010 that the most expensive pizzas of all time were purchased. One Bitcoin owner offered 10,000 bitcoins for two pizzas, an offer that continues to live on in Bitcoin lore. It’s considered the first time that anyone used virtual currency to buy something in the real world.
According to historical data at Investing.com, Bitcoin’s price never broke above $0.40 per bitcoin in 2010 but did manage to hit that level in early 2011. Then in February, it crossed $1. Just a few months later, in May, it briefly exceeded $8 — a stunning 8-bagger in mere months!
By June 2011, Bitcoin’s price had hit nearly $30, a seemingly unimaginable rise from just months before. Bitcoin spent the remainder of 2011 just dwindling to as low as $2, before finishing the year at $4.70.
In November 2012, a change in the reward structure for miners, where they receive half as many bitcoins for mining blocks on the blockchain. As 2012 came to an end, Bitcoin finished at $13.50, just off the highs for the year.
That consolidation set up Bitcoin for a strong run in 2013 when it began to attract more notice outside a niche audience of techies and hobbyists. The world’s first Bitcoin ATM was installed in Vancouver, allowing buyers to change fiat money for crypto. By the end of January, Bitcoin’s price had already risen to more than $20.
By early March, Bitcoin had already doubled again, rising to more than $40. A couple of weeks later it surpassed $50, and then days later $60. It climbed to $70 the day after that. By the start of April 2013, Bitcoin had passed $100 in breathtaking fashion. Then eight days later it spiked to $230!
From there, it was just a week until Bitcoin was back at $68, as the bottom fell out. But then a week later, it had doubled again and traded north of $150.
#CryptoReboundStrategy Bitcoin’s price has been on a roller coaster ride since it first debuted in January 2009, but the long-term trajectory has been higher — “up and to the right,” as they say. Bitcoin ushered in the age of cryptocurrency, but it took quite a while before the public sat up and took notice. Still, in little more than a decade, cryptocurrency, and in particular, Bitcoin, has become one of the most exciting trading opportunities in a long time. Bitcoin trading has created millionaires, though given that persistent rise since its debut, plenty of traders would have done fine just holding — or HODLing — on for the ride, as many long-term bullish owners have done. Despite the long-term rise, Bitcoin has been dogged by periods where it’s fallen precipitously. The most recent has been from November 2021 through 2022, when the prospect of rising interest rates and reduced liquidity in the financial markets sent Bitcoin’s price much lower. Bitcoin was unleashed in the months after the global financial crisis obliterated economies. It was created by a mysterious individual or group known as Satoshi Nakamoto, and early proponents touted the currency’s promise of moving monetary policy out of the hands of governments and central banks and into an autonomously managed system. Bitcoin famously has a maximum of 21 million coins that can ever be created. In the face of this fixed supply, an ever-increasing demand can send the cryptocurrency soaring. Given these dynamics, speculators have rushed into the space to take advantage of the anticipated price appreciation. The price of Bitcoin is notoriously driven by sentiment. When the market shifts to its “greed” phase, Bitcoin soars amid the utopian promises and speculators dismiss the risks of an asset that generates no cash flow. In the “fear” phase, Bitcoin’s price seems to find no traction, as sellers push its price lower amid bad news or general market malaise.
From Adversity to Leadership: My Journey at Binance and the Fight for a Safe Community 🤝🐯🧡
🔸 I started on Binance in late 2022. 🔸 I had previously tried investing in stocks in 2018.
🔸 But it turned out that I got into a scam broker and lost my money 💔 ( This caused me to abandon online investments for a few years )
🔸In 2022, looking for an alternative to save in a context of rapid devaluation of our Argentine currency 🇦🇷 , I discovered USDT and entered the world of cryptocurrencies.
🔍 Then, I learned about blockchain and Bitcoin ( $BTC ) . Analyzing various exchange platforms, I realized that the most complete was Binance .
🛤️ This is how my journey in Binance would begin 🛤️ 🚶
🔸 I took the time to learn and understand how everything worked, as it was the first time I used a platform with so many options and services 📚 .
🔸 Since I didn't do well with stocks 4 years ago, I still had doubts about investments and only invested $10, but it was enough to practice 📱 .
🔸 Then I discovered that Binance offers opportunities to earn through activities without investment, so I started participating in everything. 📲 ( WOTD , Binance Live , learn and earn , Events on social media , Whatever it was without investment, I started to participate ) .
🔸 By June 2023, an event called "Fruit Game" had started. The top 3 participants could win $100 each, and those in the top 1000 would receive $1.
🔸 I didn't make it to the top, but I was still happy because I earned $1 for free just for playing. 🔸 Then there was another opportunity where the top 3 could win 50 usd, so with my previous experience I made it to the Top 2, and I won 50 usd, that was the first time I won something so big for free on the internet 🌐🎁 .
🔸 In June 2023, there was another opportunity where the first 20 places won 10 USD. I participated again and also managed to win.
🔸 link to event: Fruit Game 🥝 🔸 Also, with my explanation on how to play correctly, I helped other people win as well 🥝🏆. At that time, I had a small group and I liked to share the events with them. 🤝🐯🧡
🔸 In July 2023 , Binance launched its new product BIXEL, which allowed users to create images with AI and turn them into NFTs. To promote this project, Binance organized a campaign offering a reward of 1 BNB to the top 10 NFT creators.
🔸 So since I had already helped several people in previous events, I had a little support, but it wasn't going to be enough, so I prepared a strategy and then with help I was able to get into the top 10 and earn 1 $BNB . 🏆🖼️
🔸 At that time I used the nickname T_48 .. also with the strategy that made me successful, I got others to win too, actually my strategy was to give my place to my partner and for her to win that prize, but since we were doing so well, we decided to position my NFT too and we won 2, her NFT was Estela_Meras. .. Ah well everything I had in my binance account from the money I won in the fruit events and others had disappeared, my account was at 0 usd, but it was worth playing with everything we had and we managed to win with my strategy 💡🧠 ..
🔸 We gave away half of the BNB we both earned to the people in the small group, so we were left with a little more than 0.5 BNB each.
🏁 So there I crossed that line where I had stopped being an unknown to Binance 🔶
🔸 And it was always the same: Fight against scams and climb in an honest way only with Binance events, and share those profits with other people 🤝🐯🧡 .
🔸 After discovering that over 90% of crypto TG groups were used for scams, I decided to take action. Even though I reported fraudulent accounts and groups, scammers easily changed identities, making the process difficult. 🔸 Everything changed when I identified a creator on Binance Feed who was leading an NFT Ponzi scheme. I gathered evidence, sent it to Binance support, and they managed to remove his content and ban him from posting again 🚫.
🧹🏆 That victory motivated me to focus on protecting Binance Feed, a platform where anti-scam actions were effective. 🏆🧹
🔸 In August 2023, Binance launched a campaign related to Binance Dog 🐶 . Since my Bixel NFT 🖼️ , which had reached the top 10, was inspired by my dog, I decided to participate. I put the image of the NFT on the TV in the background and my dog in front of it.
🔸 In September 2023, they announced the winners on IG , and my photo was chosen, winning a prize of 100 USD.
🔸 In September 2023, my application to create content on Binance Feed was approved ✅ , after initially being rejected due to having few followers .
🔸 A month later, Binance Feed became Binance Square, allowing everyone to post. This increased the scams ( including @Binance Live ) , but I kept reporting them, although they were not always removed, which led to constant complaints from me 😑.
🔸At the beginning of January 2024 , an event was held to vote for the best creators 2023 . Thanks to the efforts of the community, we achieved 5th place. 💪... 🤝🐯🧡
🔸 This capture is from the penultimate day . 🔸 I thought the prize was just the recognition of being at the top of the table, but , I was surprised when a trophy arrived. 🏆.
🔸 There were several categories I was in individual creator .
🔸 In January 2024 too , I also received recognition from the X Binance official account for being in the top Defi Challenger 🏆 .
🔸 In May 2024, I received recognition from @Binance Risk Sniper for my efforts in fighting scams, which further motivated me to continue.
🔸 Also when I found the fake @BNB Chain profile .
🔸 In August 2024, the tournament to vote for the best creators of 2024 began.
🔸 I am quite disappointed with this event, as we saw how the top finishers made fake draws and tricked people, saying they would win 100 USDT or 5 USDT. It was a prize for the best liars. I gave up on the event, but people kept voting for me, and I placed 10th . However, it was impossible to get to top 3 to win the trip to the event, as I didn't want to lie to anyone so I preferred to give up the prize.
🔸 After a few months, I received the trophy at my house and I took the opportunity to take a photo of the two trophies together, the one for 2023 and the one for 2024.
🔸 In September 2024, I ran a collaboration with Binance Square, where users were required to post safety tips to participate. This helped increase awareness on how to prevent scams : Link Post: Digital Security
🔸 20 people received 5 $USDC as a reward : Winners Security Digital .
🔸 In 2 November , the official Binance Argentina group on TG 🇦🇷, the Angels 🪽 organized a raffle for tickets to an event. I participated and won two 🎟️ , so I prepared my Binance 7th anniversary clothing and other related stuff, and the next day I traveled 500 kilometers 🚌 .
🔸 Upon arrival, I attended my first crypto event, where I met some of the Angels, chatted with them, and took the Square trophy with me. They also took an amazing photo of me that I now have on all my profiles 📸
🔸 Before leaving, we took a group photo for the memory🔸 👥👥🔸. It was a very nice experience. What I liked most was talking to people, learning how they started in crypto and how they use technology, which gave me new knowledge.
🔸 In November 21 - 2024, I received an invitation to celebrate @Richard Teng 1-year anniversary as CEO , alongside @jessicasmw and @Viane as hosts.
🔸 The truth is that I don't know how to speak English, but since it was a unique opportunity to celebrate with Richard Teng, I decided to practice my question for several hours until I could get it to come out fluently. Then, I sent an audio to several native speakers to help me improve. Finally, everything went well and the day arrived. 💪
🔸 My question in the talk was : • Binance Square is a social network that uses KYC. • This helps to stop scammers from making new accounts after being banned.• In other social networks, scammers can make new accounts easily. • Do you think Binance Square could be a new model for social media ?
🔸 Richard expressed an optimistic view on the future of Binance Square, highlighting the importance of community and commitment to caring for users.
🔸 In December, I attended the live stream about Binance Square's new updates. I was happy to know that they had listened to my suggestions and added a simpler way for people to learn how to use Square properly, including related rules and surveys .
🔸 I sent 25,000 gifts to the community 🤝🐯🧡
🔸 I made 3,000 transactions in @Binance Pay Official 🎁🔥
🔸 All this as a thank you to the community for their support and for helping me spread security news.
🔸 #Binance250MUsers 🔸 Thank you so much @Binance Square Official and @币安广场 for everything they gave me, and I hope they continue to improve the platform, I will be there to help in the process, although if I see something that is wrong, I will always say it 🤝🐯🧡
🔸 My advice for new users is: 🔸 If you are short on resources, don't worry, that's not a limitation. There are many free events in the Binance ecosystem, you just need to keep an eye on the news 🗞️. 🔸 For everyone, my biggest advice is to learn how to improve our digital security. It's essential to activate 2FA on all platforms and know how to identify fraudulent posts to avoid falling for scams and losing money.
🔸 As always, I thank my community for their constant support 🤝🐯🧡. Together, we achieved all of this through the strength of teamwork and collaboration with the community. 🔸 If you create a community, take care of it and don't compromise your values for money. Reject projects that may harm users, especially scams like meme cryptos created to manipulate the market. 🔸 I only collaborate with Binance Square because it gives me security, and I always advise getting free benefits without having to invest. 🤝🐯🧡
1. Bitcoin has soared this year, boosted by the approval of spot bitcoin ETFs and the bitcoin halving event, as well as optimism surrounding the election of Donald Trump as U.S. president. 2. In 2025, attention will turn to the Trump administration's attempts to provide regulatory clarity for the crypto industry. 3. Some analysts say bitcoin could rise to $200,000 by the end of next year, amid growing demand from institutional investors, though history would suggest the market may be due for a correction. 4.There is no clear indication if the recent rally in bitcoin will spill over to altcoins.
Christmas is one of the most special times of the year. It’s a season filled with love, happiness, and the joy of giving. As the year draws to a close, December brings the magic of Christmas to our homes and hearts. It is a time to gather with family and friends, share meals, exchange gifts, and celebrate the bonds we hold dear. The air feels different during Christmas — lighter, brighter, and full of hope. This beautiful holiday is about more than just decorations and presents. It reminds us of kindness, generosity, and the importance of being together. It’s a moment to reflect on the year gone by and feel grateful for the people who stood by us through thick and thin. Christmas gives us the chance to spread smiles and create memories that last a lifetime. One of the best parts of Christmas is sharing heartfelt wishes with those we love. Whether it’s through a handwritten card, a thoughtful message, or a warm hug, our words have the power to make someone’s holiday even more special. A simple “Merry Christmas” can light up a person’s day, reminding them that they are in our thoughts and prayers.
The domain name bitcoin.org was registered on 18 August 2008. On 31 October 2008, a link to a white paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto implemented the bitcoin software as open-source code and released it in January 2009. Nakamoto's identity remains unknown. According to computer scientist Arvind Narayanan, all individual components of bitcoin originated in earlier academic literature. Nakamoto's innovation was their complex interplay resulting in the first decentralized, Sybil resistant, Byzantine fault tolerant digital cash system, that would eventually be referred to as the first blockchain. Nakamoto's paper was not peer reviewed and was initially ignored by academics, who argued that it could not work. On 3 January 2009, the bitcoin network was created when Nakamoto mined the starting block of the chain, known as the genesis block. Embedded in this block was the text "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", which is the date and headline of an issue of The Times newspaper. Nine days later, Hal Finney received the first bitcoin transaction: ten bitcoins from Nakamoto. Wei Dai and Nick Szabo were also early supporters. On May 22, 2010, the first known commercial transaction using bitcoin occurred when programmer Laszlo Hanyecz bought two Papa John's pizzas for ₿10,000, in what would later be celebrated as "Bitcoin Pizza Day"
Bitcoin Could Repeat Christmas Performance, Analysts Predict
Year-to-date (YTD), Bitcoin price has increased by 137%, as the coin surged past $108,000 recently before its recent decline. Despite the slight retracement, there are talks in some corners suggesting that BTC could trade higher in the coming Christmas week.
Dogecoin is by far the most popular meme coin, and is one of the few cryptocurrencies that has managed to leave a mark on the mainstream. While it started as a joke, Dogecoin now has a total valuation of almost $9 billion. This raises interesting questions about the distribution of DOGE.
In this article, we’ll examine the biggest Dogecoin holders based on blockchain data and provide additional insights about these addresses where available.
The top 10 Dogecoin holders in 2023
Data as of August 22, 2023. Now can be change biggest.
US TO SELL #gold AND BUY $BTC BITCOIN? As of December 2024, the United States government has not initiated the sale of its gold reserves to purchase Bitcoin. However, there are ongoing discussions and proposals regarding the establishment of a strategic Bitcoin reserve. President-elect Donald Trump has expressed interest in creating a U.S. Bitcoin strategic reserve. In a July speech, he suggested that this reserve could begin with Bitcoin seized from criminal activities, which currently amounts to approximately 200,000 tokens valued at about $21 billion. The implementation of such a reserve could involve executive actions or require legislative approval. Senator Cynthia Lummis, a Republican from Wyoming, has introduced a bill proposing the creation of a Bitcoin reserve. Her plan involves the U.S. Treasury purchasing 200,000 Bitcoins annually over five years, totaling one million Bitcoins, which would represent about 5% of the total global supply. To fund these purchases, the proposal suggests utilizing profits from Federal Reserve banks' deposits and gold holdings. Critics of these proposals highlight several concerns, including Bitcoin's volatility, lack of intrinsic use, and vulnerability to cyberattacks. Additionally, Federal Reserve Chair Jerome Powell has stated that the U.S. central bank does not hold Bitcoin and is not seeking to change that stance, indicating that any move to create a Bitcoin reserve would require Congressional action. In summary, while there is significant discussion and some legislative movement toward the U.S. government establishing a strategic Bitcoin reserve, no concrete actions have been taken to sell gold reserves for the purpose of purchasing Bitcoin at this time.
#MarketCorrectionBuyOrHODL Odaily Planet Daily News: On-chain analyst ai_9684xtpa reports that a certain ETH whale with a winning rate has accumulated 13,453 WETH at an average price of $3,506 over the past 9 hours, totaling $47.17 million, marking the start of the 21st wave. Based on the current ETH price of $3,447, there is currently an unrealized loss of $770,000.
Learn & Earn: Complete Courses & Quizzes to Earn DEXE Rewards in Locked Products! (2024-12-19)
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance is excited to announce that we will soon launch the next round of "Binance Learn & Earn", where users can gain knowledge on blockchain and earn crypto rewards by completing courses and quizzes. Activity Period: 2024-12-19 09:00 (UTC) to 2025-01-02 09:00 (UTC) How to Participate: All KYC-verified users will be eligible to participate in this round of "Binance Learn & Earn". Qualified users who participate will be able to receive a predetermined amount of DEXE tokens on a first-come, first-served basis. Qualified users can begin to read the article and watch the video anytime from now, and complete the quiz while token supplies last! Do note that each course can only be completed once, and each user can only qualify for a maximum of one reward per completed course. Please note: Users will not be able to participate in this activity once all rewards have been distributed.DEXE rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 10% APR. Offered Products (Locked Products): Digital AssetPrincipal RewardDurationStandard APRDEXE0.1 DEXE150 Days10% Stay tuned for new projects and opportunities to earn more crypto rewards. Start Earning by Learning Today! For More Information: How to Get Started with Binance Learn & EarnBinance Launches EduFi - Learn and Earn Program - to Educate Users on the Blockchain Industry Terms and Conditions: All eligible users are required to complete account verification to receive rewards from this Activity.Illegally bulk-registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the respective quiz.Eligible users may complete multiple courses to claim multiple rewards, where applicable. Users will not be able to participate in this activity once all rewards have been distributed. The actual value of the reward received is subject to change due to market fluctuation.For the DEXE course:Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.Users can view their assets on Simple Earn Locked Products and Flexible Products by going to Wallets > Earn.For this activity, users may not redeem their digital assets/digital currencies in advance.Binance reserves the right to terminate the activity at any time without prior notice.Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze, or cancel the use of Binance accounts by persons other than account registrants.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.Additional promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-19
#MarketNewHype $What Is VANA? VANA is a new cryptocurrency token that has gained recognition through Binance Launchpool, a reputable platform that showcases promising crypto projects. Binance Launchpool allows users to stake their existing cryptocurrencies to earn new tokens like VANA, providing exposure to innovative projects with strong growth potential. Key points about VANA and Binance Launchpool: 1. VANA is a newly launched token gaining recognition through Binance Launchpool. 2. Binance Launchpool is a trusted platform that introduces promising crypto projects to the community. 3. Users can stake their cryptocurrencies on Binance Launchpool to earn new tokens like VANA. 4. Binance Launchpool provides exposure to fresh projects with strong potential for growth This is an exciting development for the crypto community, as VANA and other projects launched through Binance Launchpool may offer innovative solutions and investment opportunities.