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

Market Makers May Keep Bitcoin Around $100K as Overheated Market Faces Pullback Risks

The hedging activity of options market makers may ensure BTC price stability amid risks from elevated funding rates

By Omkar GodboleDec 5, 2024

An invisible hand may ensure BTC price stability. (PIRO4D/Pixabay)

Markets

Mt. Gox Moves $2.8B in BTC Amid Bitcoin's Surge Past $100K

Defunct exchange Mt. Gox moves billions in BTC to an unknown address, raising alarm on crypto social media.

By Omkar GodboleDec 5, 2024

Mt. Gox moved billion in BTC (Arkham Intelligence)

Markets

Bitcoin Hits Major Milestone of $100K, Nears $2 Trillion Market Value

The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.

By Krisztian Sandor, Stephen AlpherDec 5, 2024

Markets

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

By Krisztian SandorDec 4, 2024

Markets

Ether Rises 8% Amid Slumping Bitcoin Dominance

Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.

By Tom Carreras, James Van Straten, Krisztian SandorDec 4, 2024

Tech

Botanix Labs' Mission to Bring Bitcoin to Defi Moves to Final Testnet Phase

The Aragog testnet as it is known, introduces a set of tools that will form the basis for the mainnet's DeFi offering.

By Jamie CrawleyDec 4, 2024

Spiderchain, a Bitcoin layer 2 blockchain. (Shutterstock)

Markets

Recent Inflows Into Spot Bitcoin ETFs Could Be Purely Directional Plays: Van Straten

Since Nov. 20, ETFs have seen over $3 billion in net inflows while open interest on the CME exchange has declined.

By James Van StratenDec 4, 2024

Markets

With U.S. Financial Conditions the Loosest in Years, Bitcoin Can Continue to Thrive: Van Straten

Financial conditions in the U.S. are the loosest since August 2021, providing further tailwinds for crypto.

By James Van StratenDec 4, 2024

National Financial Conditions Index (chicagofed.org)

Tech

Bitcoin Gets a Decentralized Exchange as Cosmos Native Osmosis Activates Bridge

"I've always personally been pretty Bitcoin maxi," Osmosis co-founder Sunny Aggarwal said in an interview.

By Jamie CrawleyDec 3, 2024

Osmosis Labs co-founder Sunny Aggarwal (Danny Nelson/CoinDesk)

Markets

MicroStrategy's Wild Volatility Outpaces Bitcoin by 2.5 Times. Here's What It Means for Traders?

MSTR's elevated implied volatility means increased income potential for savvy investors engaging in options trading. But the strategy is not without risks.

By Omkar GodboleDec 3, 2024