Bitcoin News

Bitcoin (BTC) was created by the pseudonymous Satoshi Nakamoto in 2008 as the world's first successful cryptocurrency, solving the double-spending problem that had plagued previous digital cash experiments. Operating on a decentralized proof-of-work blockchain, Bitcoin enables peer-to-peer transactions without intermediaries, with its monetary policy enforced through cryptographic consensus rather than central authority.

The Bitcoin network is maintained by miners who secure transactions and earn newly minted bitcoin, while a global ecosystem of traders, institutional investors, developers, and businesses continues expanding its adoption. From El Salvador's legal tender status to corporate treasury adoption by companies like MicroStrategy and Tesla, Bitcoin has evolved from a cryptographic experiment into a recognized store of value and inflation hedge.

At CoinDesk, we deliver breaking Bitcoin news and in-depth analysis covering everything from price movements and institutional adoption to technological developments and regulatory shifts. Our team tracks Bitcoin ETF launches, mining industry changes, Lightning Network growth, and the ongoing debates shaping cryptocurrency's future.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Tech

Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now

Coinbase says bitcoin should start preparing for quantum computers now, with flexible addresses, a backup quantum-proof key and a separate debate over lost coins.

By Omkar Godbole, AI Boost51 minutes ago

Markets

Strive raising $500 million to buy additional bitcoin with new preferred share class

SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).

By Stephen Alpher7 hours ago

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

Markets

Bitcoin diverges from South Korean stocks as AI concerns deepen the Kospi selloff

South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.

By James Van Straten19 hours ago

Policy

UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin

The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.

By Omkar Godbole21 hours ago

Markets

Bitcoin whale that sat through the March 2020 crash moves $378 million

A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.

By Omkar Godbole1 day ago

ETH whale go bargain hunting. (Pexels/Pixabay)

Markets

Bitcoin rebounds above $83,000, decoupling from tumbling Korean stocks

Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.

By Omkar Godbole1 day ago

Markets

Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million

Bitcoin reversed early gains as oil bounced back to over $92. Analysts express concerns over large outflows from spot ETFs last week.

By Omkar Godbole2 days ago

Policy

Thailand opens door to locally listed bitcoin and ether ETFs

Thailand’s new crypto rules taking effect Oct. 16. They allow Thai asset managers to launch crypto ETFs on the local stock exchange, with bitcoin and ether initially eligible.

By Olivier Acuna4 days ago

Policy

Dark web drug market operator sentenced to 40 years, forfeits $101 million in bitcoin

A man from Virginia, who facilitated millions of drug transactions worth roughly $430 million, agreed to give up $100 million worth of BTC. His partner forfeited nearly 1,600 BTC.

By Olivier Acuna4 days ago