Skip to content
₿
BitcoinNetwork.com℠
← Home

Historical Reference Guide

Bitcoin Milestones

A chronological record of events that shaped the Bitcoin Network. Dates are drawn from primary sources, contemporaneous reporting, and documented on-chain activity.

1

October 31, 2008

The whitepaper

Satoshi Nakamoto publishes “Bitcoin: A Peer-to-Peer Electronic Cash System” to a cryptography mailing list. The nine-page paper describes a system for electronic cash without a trusted third party.

2

January 3, 2009

Genesis block

Satoshi mines the first block. Embedded in it is the headline from The Times: “Chancellor on brink of second bailout for banks.” The network is live.

3

January 9, 2009

First software release

Bitcoin v0.1 is released on SourceForge. Anyone can download the client, run a node, and begin mining.

4

January 11, 2009

“Running bitcoin”

Hal Finney tweets “Running bitcoin.” It is the first public record of someone outside Satoshi operating the software.

5

January 12, 2009

First transaction

Satoshi sends 10 BTC to Hal Finney in block 170. The first peer-to-peer transfer of bitcoin is recorded on the blockchain.

6

October 5, 2009

First exchange rate

New Liberty Standard publishes the first known dollar rate: $1 = 1,309.03 BTC, derived from electricity cost. A week later, the first known bitcoin-for-fiat trade occurs.

7

May 22, 2010

Bitcoin Pizza Day

Laszlo Hanyecz pays 10,000 BTC for two pizzas. It is the first documented purchase of a physical good with bitcoin.

8

July 18, 2010

Mt. Gox launches

Jed McCaleb launches Mt. Gox as a bitcoin exchange. It becomes the dominant trading venue of the early market.

9

December 16, 2010

First mining pool

Marek Palatinus (“slush”) launches the first cooperative mining pool. Miners can now combine hashrate and share rewards.

10

February 9, 2011

Bitcoin reaches $1

Bitcoin trades at one U.S. dollar for the first time. Parity with the dollar becomes a widely noted milestone.

11

August 19, 2011

First Bitcoin conference

Approximately fifty early participants gather at the Roosevelt Hotel in New York for the first in-person Bitcoin conference.

12

October 10, 2011

The New Yorker

The New Yorker publishes a feature on Bitcoin. It is among the earliest major magazine treatments of the subject for a general audience.

13

January 2013

First ASIC miners

The Avalon ASIC ships to the public. Application-specific hardware ends the era of CPU and GPU mining for Bitcoin and begins industrial-scale production.

14

April 1, 2013

Bitcoin reaches $100

Bitcoin crosses $100 amid the Cyprus banking crisis. Mainstream financial media begins sustained coverage.

15

November 27, 2013

Bitcoin reaches $1,000

Bitcoin trades above $1,000 for the first time. The four-digit price becomes a reference point for the next cycle.

16

December 2013

First hardware wallet

Trezor begins shipping the first purpose-built hardware wallet. Private keys can now be stored on a dedicated offline device.

17

December 10, 2017

Bitcoin futures on Wall Street

Cboe launches cash-settled bitcoin futures. CME follows a week later. Bitcoin is now listed on regulated U.S. derivatives exchanges.

18

November 28, 2017

Bitcoin reaches $10,000

Bitcoin crosses $10,000 during the retail-driven bull market. Media coverage becomes continuous.

19

April 14, 2021

Coinbase goes public

Coinbase lists on Nasdaq via direct listing. It is the first major bitcoin-native company to trade on a U.S. public exchange.

20

January 10, 2024

Spot bitcoin ETFs approved

The SEC approves multiple spot bitcoin ETFs. They begin trading the next day on NYSE Arca, Cboe, and Nasdaq. Institutional access expands without direct custody.

21

December 5, 2024

Bitcoin reaches $100,000

Bitcoin trades above $100,000 for the first time. The six-digit price becomes a new reference level for the asset.

22

2024–2025

Trillion-dollar market capitalization

Bitcoin’s market capitalization crosses $1 trillion and later $1.5 trillion. At peak levels it exceeds the market value of many of the world’s largest banks combined.

Dates are approximate where contemporaneous records vary. This page is educational only and does not provide financial, investment, or legal advice.