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 Volatility Jumps to 3-Month High Ahead of U.S. Election

Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility.

By Omkar GodboleNov 3, 2024

Deribit's BTC volatility index, DVOL. (TradingView)

Markets

Bitcoin Pulls Under $68K as Crypto Markets Falter Ahead of Election

At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus the outlook for an easy Trump victory just days ago.

By Stephen AlpherNov 3, 2024

Donald Trump and Kamala Harris on screen at a Presidential debate. (Kevin Dietsch/Getty Images)

Markets

Crypto Reverses Early Gains, Bitcoin Dives Back to $69K

Prices had move higher early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.

By Stephen AlpherNov 1, 2024

Quick slide in crypto prices on Friday (Karsten Winegeart/Unsplash)

Markets

Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan

The network's monthly average hashrate surged to a record high, the report said.

By Will CannyNov 1, 2024

Markets

U.S. Added Just 12K Jobs in October, Far Short of 113K Expected

The October employment numbers are among the last pieces of economic data that could factor into the elections and Fed policy meeting next week.

By James Van Straten, Stephen AlpherNov 1, 2024

Markets

First Mover Americas: Bitcoin Pares Losses Following Thursday's Slump

The latest price moves in crypto markets in context for Nov. 1, 2024.

By Jamie CrawleyNov 1, 2024

Markets

MicroStrategy Remains One of the Best Ways to Gain Exposure to Bitcoin Given Its Intelligent Leverage Strategy: Canaccord

The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.

By Will CannyNov 1, 2024

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten

Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.

By James Van StratenNov 1, 2024