Bitcoin price breaks above $4,000 amid Samsung Galaxy S10 cryptocurrency wallet rumours

The price of Bitcoin has broken above $4,000 for the first time since early January, as cryptocurrency markets continue their recent surge.

The latest gains come amid rumours that Samsung is planning a cryptocurrency wallet in its forthcoming Galaxy S10 range of smartphones, set to be unveiled on 20 February.

In January, a leaked photo of the iPhone rival suggested the handset will come with an in-built cryptocurrency wallet that support both Bitcoin and ethereum.

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Several other smartphone makers have included in-built cryptocurrency wallets in their phones, such as the HTC Exodus and the Sirin Finney.

If the South Korean electronics giant features a wallet, it could signal a major shift towards such technology being standard on smartphones, helping cryptocurrencies achieve mainstream adoption.

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1/8 Satoshi Nakamoto creates the first Bitcoin block in 2009

On 3 January, 2009, the genesis block of Bitcoin appeared. It came less than a year after the pseudonymous creator Satoshi Nakamoto detailed the cryptocurrency in a paper titled ‘Bitcoin: A peer-to-Peer Electronic Cash System’

Reuters

2/8 Bitcoin is used as a currency for the first time

On 22 May, 2010, the first ever real-world Bitcoin transaction took place. Lazlo Hanyecz bought two pizzas for 10,000 Bitcoins – the equivalent of $90 million at today’s prices

Lazlo Hanyecz

3/8 Silk Road opens for business

Bitcoin soon gained notoriety for its use on the dark web. The Silk Road marketplace, established in 2011, was the first of hundreds of sites to offer illegal drugs and services in exchange for Bitcoin

4/8 The first Bitcoin ATM appears

On 29 October, 2013, the first ever Bitcoin ATM was installed in a coffee shop in Vancouver, Canada. The machine allowed people to exchange Bitcoins for cash

REUTERS/Dimitris Michalakis

5/8 The fall of MtGox

The world’s biggest Bitcoin exchange, MtGox, filed for bankruptcy in February 2014 after losing almost 750,000 of its customers Bitcoins. At the time, this was around 7 per cent of all Bitcoins and the market inevitably crashed

Getty Images


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