Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
17 Years of Bitcoin: From White Paper to $2 Trillion Powerhouse

17 Years of Bitcoin: From White Paper to $2 Trillion Powerhouse

KriptoworldKriptoworld2025/10/31 16:00
By:by kriptoworld

Seventeen years ago, a mysterious figure named Satoshi Nakamoto tossed the Bitcoin white paper into the world like a digital Molotov cocktail.

Titled “Bitcoin: A Peer-to-Peer Electronic Cash System”, it promised a revolutionary way to ditch banks and control money using a decentralized network.

Stay ahead in the crypto world – follow us on X for the latest updates, insights, and trends!🚀

The world’s eighth-most-valuable asset

The first block, affectionately known as the “genesis block” was mined shortly after, minting 50 Bitcoin and setting off a financial revolution that now glows with a $2 trillion market cap. 17 years is relatively long time.

From modest origins, Bitcoin has grown to stand proudly as the world’s eighth-most-valuable asset, rubbing digital elbows with silver and Amazon.

Narek Gevorgyan, CEO of CoinStats, calls Bitcoin’s journey “more than market cap”, and he’s probably right.

Who knew that a white paper produced during the chaos of the 2008 financial crisis could shake the entire financial system?

Source: CompaniesMarketCap

Hold my beer

But the party mood is quite muted. October, famously known as “Uptober” for its habit of rewarding Bitcoin holders with sweet gains, is poised to turn red for the first time since 2018.

Analysts say that despite those lofty birthday vibes, Bitcoin’s price has dropped over 3.5% so far, breaking a six-year “Uptober” winning streak.

That’s the kind of party pooper news that sends traders scrambling.

kripto.NEWS 💥
The fastest crypto news aggregator
200+ crypto updates daily. Multilingual & instant.

Overleveraged gamblers

It’s a widely known fact that October has historically been Bitcoin’s second-best month with an average return of nearly 20%, so this dip feels like the market’s cold shower.

The dreadful day was October 10, which hosted a massive crash, eventually dragging Bitcoin down to a four-month low of $104,000.

Crypto analysts call this a “controlled deleveraging,” which is trader-speak for we needed to blow some steam and clear out the overleveraged gamblers.

Now experts say despite the monthly dip, this correction might be exactly what Bitcoin needed to set the stage for the next rally.

After all, great heroes don’t just rise, but they stumble, recalibrate, and conquer again.

💬 Editor’s Take:

Seventeen years — that’s a lifetime in crypto years. It’s wild to think that one white paper from an anonymous figure could spawn an entire financial universe.

Bitcoin isn’t just a currency anymore; it’s a statement — a living, breathing rebellion against the old system.

Sure, Uptober’s off to a gloomy start this year, but maybe this dip is just Bitcoin’s version of a midlife crisis before its next big leap.

Like any great hero, it’s not the fall that defines Bitcoin, but how fast it gets back up — and history says, it always does.

You may be interested in: The USD1 stablecoin listing on Binance.US caused political drama

17 Years of Bitcoin: From White Paper to $2 Trillion Powerhouse image 0 17 Years of Bitcoin: From White Paper to $2 Trillion Powerhouse image 1
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Private Credit Industry Shifts Focus to Managing Risks During Economic Instability

- Private credit providers like Barclays and Deutsche Bank are tightening risk controls amid economic uncertainty, boosting stable income streams and capital buffers. - Barclays reported £5.2B H1 2025 profit with 73% stable revenue, while Deutsche Bank's private banking revenue rose 4% to €2.4B amid declining credit loss provisions. - Subprime lender Credit Acceptance saw 16.5% loan volume drop and 5.1% market share, prioritizing margin stability over volume as affordability challenges persist. - Industry-

Bitget-RWA2025/11/02 10:26
Private Credit Industry Shifts Focus to Managing Risks During Economic Instability

Ethereum News Update: Key Levels to Watch—ETH Holds $3,120 Support, Faces $3,937 Resistance

- Ethereum's $3,120 level holds 2.6M ETH as key on-chain support, with large holders clustering in profit zones. - $3,937 resistance could trigger bullish momentum if broken, while failure risks retesting $3,120 support. - Market consolidation between $3,700-$3,937 sees traders advised to avoid weekend range-bound strategies. - Technical tools like Barchart's standard deviation analysis reinforce significance of these critical price levels.

Bitget-RWA2025/11/02 10:26

Capybobo's innovative hybrid approach connects Web3 technology with tangible collectibles, offering a new perspective on ownership

- Capybobo launches TGE airdrop snapshot to merge Web3 gaming with physical collectibles via NFT-linked doll outfits. - $8M funding from Pluto&Folius and Animoca Brands accelerates global toy platform expansion and physical store plans in Hong Kong (2026). - Dual-utility NFTs enable on-chain credentials and physical merchandise redemption, attracting both crypto users and traditional collectors. - Project's hybrid model bridges digital/physical ownership through TON-Kaia ecosystems, aiming to redefine coll

Bitget-RWA2025/11/02 10:10
Capybobo's innovative hybrid approach connects Web3 technology with tangible collectibles, offering a new perspective on ownership

RSI Experiences Rapid Expansion Due to Casino Boom, Maneuvers Through Shifting Regulatory Landscape

- Rush Street Interactive (RSI) reported 20% YoY revenue growth to $277.9M in Q3 2025, driven by 34% online casino revenue increase and 54% adjusted EBITDA rise to $36M. - North American operations fueled 34% MAU growth to 225,000, with online casinos accounting for 46% YoY user expansion despite Latin America's 11% revenue decline due to Colombia's VAT tax. - RSI raised full-year revenue guidance to $1.1B-$1.12B, citing strong marketing efficiency (1% YoY expense growth) and $273M in unrestricted cash, wh

Bitget-RWA2025/11/02 10:10
RSI Experiences Rapid Expansion Due to Casino Boom, Maneuvers Through Shifting Regulatory Landscape