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.

Markets

Bitcoin Races Above $97K on U.S.-China Trade Deal Progress

Treasury Secretary Scott Bessent is headed to Switzerland for talks with Chinese representatives.

By Stephen AlpherMay 7, 2025

Photo of U.S. Vice President JD Vance, Treasury Secretary Scott Bessent, Defense Secretary Pete Hegseth

Markets

Bitcoin Dominance Soars Ahead of FOMC as Volatility Burst Looms, Says Analyst

Crypto markets are in a holding pattern as capital rotation from altcoins pushed bitcoin's market share to fresh 4-year high.

By Krisztian SandorMay 6, 2025

Markets

Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell’s Comments

We have only seen some nuanced demand for protective BTC puts, reflecting limited caution among sophisticated traders, Deribit's CEO told CoinDesk.

By Omkar GodboleMay 6, 2025

Policy

Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration

The two bills, which were both filed in February, sought to allow investment of public funds in BTC

By Jamie CrawleyMay 6, 2025

Markets

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle

Bitcoin bulls may run into significant selling pressure at around $99,900, on-chain data show.

By Omkar GodboleMay 6, 2025

Markets

Cardano’s ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting

DeFi tokens such as Hyperliquid’s HYPE are up 70% in the past week, a sign of traders favoring fundamentals as capital allocators remain cautious with their money.

By Shaurya MalwaMay 6, 2025

Federal Reserve Chair Jerome Powell. (CoinDesk Archives)

Markets

Bitcoin’s Support at $88.8K in Focus After Trendline Break; XRP Eyes Death Cross: Technical Analysis

XRP is nearing a 'death cross,' a bearish indicator, as its price falls below the 50-day moving average.

By Omkar GodboleMay 5, 2025

DeFi community comes together to support AAVE users. (CoinDesk)

Markets

Bitcoin Could Slide to $90K as BTC Traders Eye Fed Meeting

The Fed is widely expected to leave rates steady on Wednesday, but traders will monitor comments for economic projections and clarity on future rate cuts.

By Shaurya MalwaMay 5, 2025