Bitcoin Crosses $100,000 for First Time
Bitcoin reached $101,237 on December 5, 2024, surpassing $100,000 for the first time in history
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Bitcoin reached $101,237 on December 5, 2024, surpassing $100,000 for the first time in history
MicroStrategy announced purchase of 55,500 BTC in a single week as part of aggressive accumulation strategy
Marathon Digital Holdings reported hash rate exceeding 30 EH/s at the end of May 2024, becoming the first publicly traded Bitcoin miner to achieve the milestone.
Bitcoin miners experienced a 50% revenue collapse following the April 2024 halving, with daily block reward revenue plummeting from $72 million to $30 million.
The Runes fungible token protocol launched on Bitcoin at block 840,000 on April 20, 2024, the same block as the network's fourth halving.
Bitcoin's fourth halving on April 19 2024 reduced block rewards from 6.25 to 3.125 BTC, cutting new daily issuance in half and pressuring mining economics.
Hong Kong's Securities and Futures Commission approved spot Bitcoin and Ether ETFs on April 15, 2024, making it the first jurisdiction in Asia to offer such products.
Bitcoin miners earned over $2 billion in March 2024 from block rewards and transaction fees combined, the highest monthly revenue ever recorded.
US spot Bitcoin ETFs recorded a single-day net inflow record of $1.05 billion on March 12, 2024, marking accelerating institutional adoption.
BlackRock's iShares Bitcoin Trust surpassed $10 billion in AUM within 7 weeks, breaking records for ETF growth.
Mining difficulty reached new all-time highs above 80 trillion as Bitcoin's hash rate exceeded 550 exahashes per second, driven by ETF approvals and next-generation ASIC chip deployment.
Following the SEC's approval of spot Bitcoin ETFs on January 10, 2024, Grayscale Bitcoin Trust converted to an ETF and immediately faced massive outflows due to its higher fee structure.
The Bitcoin Lightning Network's total capacity surpassed 5,000 BTC in early 2024, representing approximately $225 million in locked liquidity across over 15,000 active nodes.
BlackRock CEO Larry Fink declared Bitcoin a 'digital gold' and legitimate financial instrument in January 2024, reversing his 2017 stance calling it money laundering.
Spot Bitcoin ETF trading launched on January 11, 2024, with combined day-one volume of $4.6 billion across 11 approved products.
The SEC approved 11 spot Bitcoin ETFs on January 10, opening institutional markets to direct Bitcoin exposure for the first time.
Bitcoin Ordinals inscriptions surpassed 60 million by the end of 2023, generating over $200 million in cumulative fees while reigniting debate within the Bitcoin developer community over block space allocation.
The DC Circuit Court of Appeals ruled on August 29 2023 that the SEC's denial of Grayscale's spot Bitcoin ETF was arbitrary and capricious, vacating the rejection order.
A BRC-20 token frenzy in May 2023 pushed Bitcoin transaction fees above $30 average, the highest since 2017, while 24,000+ tokens were deployed on the network.
James Zhong pleaded guilty and was sentenced to one year in prison in March 2023 for stealing 50,000+ Bitcoin from Silk Road a decade earlier.