Adoption
AdoptionMajor
Cyprus Banking Crisis Boosts Bitcoin
Bank deposit levies in Cyprus drive a Bitcoin rally.
BTC Price
$90
Location
Cyprus
Importance
80/100
Cyprus imposed levies on bank deposits, causing a bank run. Cypriots and Europeans sought alternatives outside the banking system — Bitcoin surged.
Tags
#cyprus#banking-crisis
What else happened around this time?
AdoptionNotable
First Bitcoin Foundation Board Election
The Bitcoin Foundation held its first member board election.
#foundation#governance
HalvingsEpoch
First Halving
Block reward drops from 50 BTC to 25 BTC at block 210,000.
BTC $12#halving-1#scarcity
HardwareLegendary
ASIC Mining Era Begins
Purpose-built ASIC miners replace GPUs and FPGAs.
#asic#mining
GovernmentMajor
FinCEN Issues First Bitcoin Guidance
U.S. federal guidance classifies exchangers as money transmitters.
BTC $90#fincen#guidance