Satoshi Nakamoto Launched Bitcoin 17 Years Ago Today
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Bitcoin USD turns 17 years old, marking its launch as a peer-to-peer digital payment system by Satoshi Nakamoto in 2009. On-chain data shows Bitcoin in a market transition phase, with supply in profit near 69%. An early Ethereum investor shifted millions in ETH holdings into Bitcoin. Today marks 17 years since the launch of Bitcoin USD by Satoshi Nakamoto. The network changed online payments by removing the need for a bank intermediary. Bitcoin market data shows a possible cycle shift, while large holders and early Ethereum investors adjust positions toward BTC. Satoshi Nakamoto Sets Bitcoin on a New Path Bitcoin was launched on January 3, 2009, by a person using the name “Satoshi Nakamoto”. The project introduced a digital payment system that worked without banks. It allowed people to send money online using peer-to-peer technology. It is worth noting that transactions were recorded on a public ledger called the blockchain. The first block, known as the genesis block, marked the start of the network. It proved that digital money could function without a central authority. Notably, the system relied on open source software and network consensus. This design reduced the need for trust between users. In the early years, Bitcoin attracted developers and cryptography fans. Usage was limited, and prices were low. Satoshi Nakamoto Launches Bitcoin 17 Years Ago | Source: Bitcoin Junkies Over time, awareness grew as more people tested the network. Exchanges appeared, and trading activity increased. Seventeen years later, Bitcoin USD remains the largest digital asset by market value. It trades near $89,730 and holds a market capitalization of about $1.79 trillion. Circulating supply stands close to 19.97 million coins, with a maximum supply of 21 million. The anniversary comes during a period of market review, and investors are watching price trends and network data. Beyond the…
Filed under: News - @ January 3, 2026 7:25 pm