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 Futures Smash Through $100K Barrier on Deribit

Deribit's BTC futures expiring in March, June and September 2025 trade above $100,000.

By Omkar GodboleNov 21, 2024

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

Markets

Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit Price

Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.

By Omkar GodboleNov 21, 2024

Markets

Bitcoin Crosses $97K, Continuing Wild ‘Trump Trade’ Rally

BTC traded above $96,500 in early Asian hours, less than 6% from a landmark $100,000 figure that would push it above a $2 trillion market capitalization.

By Shaurya MalwaNov 21, 2024

Markets

First Mover Americas: Bitcoin Hits New Highs as ETF Options Traders Go Degen

The latest price moves in crypto markets in context for November 20, 2024.

By Krisztian Sandor, Omkar GodboleNov 20, 2024

Markets

Bitcoin ETF Options Introduction Marks Milestone, Despite Position Limits

BlackRock’s IBIT was the first U.S. spot bitcoin ETF to launch with options tied to it. The rest of the pack comes later Wednesday.

By James Van StratenNov 20, 2024

Markets

MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap

The company's stock is now up over 500% year-to-date, approaching a $100 billion market cap.

By James Van StratenNov 20, 2024

MicroStrategy Executive Chairman Michael Saylor (Credit: CoinDesk/Danny Nelson)

Markets

Pro Crypto Traders Are Leveraging IBIT Options to Bet on BlackRock’s Bitcoin ETF Doubling to $100: Observers

The bullish sentiment in the IBIT options is consistent with the noticeable activity in the $200,000 bitcoin call trading on Deribit.

By Omkar GodboleNov 20, 2024

Markets

Bitcoin ETF Options Attract $2B on Day One, Shifting BTC’s Market Structure

IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC). Here’s how they could impact the market.

By Shaurya MalwaNov 20, 2024