Bitcoin Mania

Since 2016 (and particularly in the past year), Bitcoin closing prices have skyrocketed from the hundreds to the tens of thousands of dollars.

Bitcoin Milestones

1 March 10, 2017 The Securities and Exchange Commission rejects a bid by Cameron and Tyler Winklevoss to create a Bitcoin exchange traded fund.

2 Oct. 25, 2019 Chinese President Xi Jinping praises the blockchain technology that underpins Bitcoin.

3 Oct. 21, 2020 PayPal announces that customers will be able to buy and sell Bitcoin and other cryptocurrencies through their accounts.

4 Feb. 8, 2021 Tesla says it’s buying $1.5 billion worth of Bitcoin and will accept it as payment.