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Back on October 31, 2008, a simple email with a Nine page PDF called Bitcoin: A Peer-to-Peer Electronic Cash System it was sent to a small crypto mailing list.
Satoshi Nakamoto is just a pseudonym, and he came up with a new way to send value without trust in a bank. That upload has since become a $2.4 trillion digital market. Financial language is now used by exchanges, ETFs and even entire nations.
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The founder’s coins are still untouched. A total of 1.096 million BTC – about $120 billion – have been sitting there since 2010. In the last 24 hours, the value of these coins fell about $5 billion after a small dip, which shows how big the fortune is still sleeping.
$13.4 billion in BTC and ETH options to expire on Halloween
Halloween has become the Bitcoin holiday, a day that traders mark their calendars – not for the costumes, but for the context, the moment the code religion began. This year, the anniversary coincides with a major market deadline: $13.4 billion in BTC and $2.5 billion in ETH contracts have cleared since midnight.
This creates a liquidity storm with hits around $113,000 and $4,100. Bitcoin it is trading near $110,250, just below its weekly high, and derivatives desks are closely watching the November market open.
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Even 17 years later, the Bitcoin white paper document is still like a bible for millions of people and the proof that the code can survive its author and that an idea born in crisis can maintain the definition of the structure of digital money.
