Web Trader MT5
The first cryptocurrency, introduced in an October 2008 whitepaper by an anonymous author or group writing as Satoshi Nakamoto. The genesis block was mined on 3 January 2009, embedding a Times of London headline about UK bank bailouts as a thematic statement.
Bitcoin’s design solved the long-standing problem of digital double-spending without requiring a trusted central party, using a proof-of-work consensus mechanism that secures the network through computational expense. Supply is capped at 21 million coins, with new issuance halving roughly every four years. Whether Bitcoin is digital gold, a payments network, a speculative asset, or a generational scam is a question that depends on whom you ask and what year you ask them. The price has gone from worthless to over $100,000 with multiple 70%+ drawdowns in between.
Example: The 2024 spot Bitcoin ETF approval marked a watershed institutional moment. Within months, BlackRock’s IBIT fund became one of the fastest-growing ETFs ever launched, signalling that Bitcoin had crossed from fringe to mainstream financial infrastructure, regardless of what anyone thought about its long-term thesis.
