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Cryptocurrency History: Complete Timeline

Cryptocurrency is a form of digital money secured by cryptography and recorded on a decentralised blockchain ledger, operating without any central bank or gove…

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BITCOIN WHITEPAPER

Satoshi Nakamoto Publishes the Bitcoin Whitepaper, Founding Modern Cryptocurren…

On 31 October 2008, a person or group operating under the pseudonym Satoshi Nakamoto published a nine-page paper titled 'Bitcoin: A Peer-to-Peer Electronic Cash System'…

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BITCOIN NETWORK LIVE

Bitcoin Genesis Block Mined, Launching the World's First Cryptocurrency Network

On 3 January 2009, Nakamoto mined the first Bitcoin block — known as the genesis block or Block 0 — generating the first 50 BTC ever to exist. The network went live with…

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FIRST REAL PURCHASE

Laszlo Hanyecz Buys Two Pizzas for 10,000 BTC in Crypto's First Commercial Tran…

On 22 May 2010, Florida-based programmer Laszlo Hanyecz paid 10,000 Bitcoin — then worth approximately $41 — for two Papa John's pizzas, arranged through a forum post on…

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BITCOIN HITS $1,000

Bitcoin Crosses $1,000 for the First Time, Triggering Global Mainstream Attenti…

On 29 November 2013, Bitcoin crossed the $1,000 mark on the Mt. Gox exchange — a price milestone that generated the first wave of mainstream global media coverage. In In…

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ETHEREUM LAUNCHES

Vitalik Buterin Launches Ethereum, Expanding Cryptocurrency Beyond Simple Payme…

On 30 July 2015, the Ethereum network went live, introducing the concept of programmable money through 'smart contracts' — self-executing code stored on a blockchain tha…

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BITCOIN ALL-TIME HIGH

Bitcoin Reaches Nearly $20,000 in 2017 Bull Run, Sparking Global ICO Frenzy

Bitcoin peaked at approximately $19,783 on 17 December 2017, culminating a year in which the price rose by over 1,300%. The bull run was fuelled by a flood of initial co…

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RBI CRYPTO BAN

RBI Bans Banks from Serving Crypto Exchanges, Effectively Freezing India's Cryp…

On 6 April 2018, the Reserve Bank of India issued a circular directing all regulated banks and payment system operators to stop providing services to businesses dealing…

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SUPREME COURT LIFTS BAN

Supreme Court of India Strikes Down RBI Crypto Banking Ban, Reviving the Indust…

On 4 March 2020, a three-judge Supreme Court bench led by Justice Rohinton Fali Nariman struck down the RBI's April 2018 circular as unconstitutional, ruling that the ce…

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BITCOIN $69K PEAK

Bitcoin Sets an All-Time High of $69,000 Amid Institutional Adoption Wave

On 10 November 2021, Bitcoin reached a record high of approximately $69,044 — more than triple its 2017 peak — driven by unprecedented institutional adoption. US asset m…

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INDIA CRYPTO TAX

India Introduces 30% Crypto Tax and 1% TDS in Union Budget 2022, Reshaping the…

In her Union Budget speech on 1 February 2022, Finance Minister Nirmala Sitharaman announced a flat 30% tax on income from the transfer of any virtual digital asset (VDA…

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FTX COLLAPSES

FTX Exchange Collapse Wipes $32 Billion and Triggers Global Crypto Regulatory R…

On 11 November 2022, FTX — the world's second-largest cryptocurrency exchange, valued at $32 billion just months earlier — filed for Chapter 11 bankruptcy after a liquid…

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BITCOIN ETF APPROVED

US SEC Approves Spot Bitcoin ETFs, Opening Crypto to Mainstream Institutional I…

On 10 January 2024, the US Securities and Exchange Commission approved 11 spot Bitcoin exchange-traded funds — including products from BlackRock, Fidelity, and Invesco —…

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