From Fenny's first BTC to spot ETF approval: 15 years of Bitcoin's cycle

【Blockchain Rhythm】Do you remember January 11, 2009? On that day, Hal Finney posted a message on Twitter saying “Running bitcoin.” It seems insignificant, but the meaning behind it is profound—he became the recipient of the first transaction in Bitcoin history. Just one day later, Satoshi Nakamoto sent him 10 BTC.

Although there is no definitive conclusion about the true identity of Satoshi Nakamoto, one thing is undeniable: without Hal Finney’s participation and support, Bitcoin might have remained just an unnoticed white paper forever. He proved the feasibility of this system with his actions, pushing forward the start of this financial revolution.

Interestingly, the U.S. Securities and Exchange Commission approved the Bitcoin spot ETF on January 11, 2024—exactly 15 years later on the same day. It seems that history has completed a full cycle to some extent. From geek experiments to mainstream financial products, from the initial transaction of 10 BTC to a market worth trillions, Bitcoin’s evolution has witnessed the entire process of crypto assets moving from the fringe to the center.

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