- Bitcoin Logo Day: Today marks Bitcoin logo day, commemorating the groundbreaking changes Satoshi Nakamoto brought to the world through creating crypto.
- What is Bitcoin and Crypto: Bitcoin is the first decentralized digital currency that can be used to purchase goods and services online or to send money to anyone, anywhere in the world. Cryptocurrencies are alike to bitcoin and use a technology called blockchain.
- Major Events Since 2009: Since its launch on Jan. 3, 2009, bitcoin has had a volatile history with its value skyrocketing in 2017 before crashing in early 2018. However, since then, it has gradually increased in value again.
Commemorating Bitcoin Logo Day
Today marks Bitcoin logo day which commemorates the groundbreaking changes brought about by Satoshi Nakamoto’s creation of crypto. The coin was created in 2009 by an unknown person using the pseudonym Satoshi Nakamoto and transactions made using crypto are recorded and verified by multiple users making it highly secure and resistant to fraud. Despite its volatility many investors see bitcoin as a valuable asset and some companies have begun accepting it as a form of payment.
What is Bitcoin?
Bitcoin is the first decentralized digital currency that can be used for purchasing goods and services online or for sending money anywhere around the world. It’s not controlled by any government or financial institution because transactions are recorded on a blockchain ledger instead which makes it secure from fraudsters. Other cryptocurrencies similar to bitcoin include ethereum (ETH), litecoin, dogecoin etc each with their own unique features and potential uses.
Major Events Since 2009
Since its launch on Jan 3rd 2009 bitcoin has been through several ups and downs but has still managed to maintain its bull trend. In April 2011 when 1 BTC crossed $1 threshold for the first time this marked an important milestone in crypto history followed by several other currencies such as litecoin being launched in 2011 then ethereum going live in 2015 bringing more visibility and popularity but also criticism towards crypto due to its volatility over time . Currently 1 BTC stands at $23260 down from its all-time high of $67000 achieved back in 2021 .
