Bitcoin reaches new all-time high of $64,000 - In April 2021, Bitcoin hit a new all-time high of $64,000, surpassing its previous record of $61,000 in March.
China bans financial institutions from offering crypto services - In May 2021, China banned financial institutions from offering any services related to cryptocurrencies, citing concerns about financial stability and risks to consumers.
El Salvador becomes first country to adopt Bitcoin as legal tender - In June 2021, El Salvador passed a law making Bitcoin legal tender, becoming the first country in the world to do so.
Ethereum surpasses $3,000 for the first time - In May 2021, Ethereum, the world's second-largest cryptocurrency, surpassed $3,000 for the first time, driven by increased demand for its blockchain technology.
Tesla suspends Bitcoin payments for its cars - In May 2021, Tesla announced that it would no longer accept Bitcoin as payment for its cars due to concerns about the environmental impact of Bitcoin mining.
US SEC delays decision on Bitcoin ETF - In August 2021, the US Securities and Exchange Commission (SEC) delayed its decision on whether to approve a Bitcoin exchange-traded fund (ETF), citing concerns about investor protection.
Coinbase goes public - In April 2021, Coinbase, one of the largest cryptocurrency exchanges in the world, went public through a direct listing on the Nasdaq stock exchange.
Dogecoin surges after Elon Musk tweets about it - In May 2021, the price of Dogecoin, a meme-inspired cryptocurrency, surged after Tesla CEO Elon Musk tweeted about it.
India proposes crypto ban - In March 2021, the Indian government proposed a bill that would ban all private cryptocurrencies in the country, with a few exceptions for certain types of blockchain technology.
NFTs become a new craze in the art world - In early 2021, non-fungible tokens (NFTs) became a new craze in the art world, with several high-profile NFT sales fetching millions of dollars. NFTs are unique digital assets that use blockchain technology to prove ownership and authenticity.