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

First Mover Americas: Bitcoin Tests $64K Ahead of Busy U.S. Economic Data Week

The latest price moves in crypto markets in context for Oct. 7, 2024.

By Jamie Crawley, Omkar GodboleOct 7, 2024

Markets

The Notion of Aggressively Dovish Fed Fades as U.S. Inflation Report Looms

Bitcoin is struggling to gain upside traction as a hawkish rethink of Fed interest-rate policy raises Treasury yields and strengthens the dollar.

By Omkar GodboleOct 7, 2024

Finance

Bitcoin Miner Marathon's Anduro Unveils Tokenization Platform, Starts With Whiskey

Anduro has developed the real-world assets (RWA) project Avant alongside tokenization platform Vertalo, and they will tokenize whiskey barrels in a pilot project.

By Jamie CrawleyOct 7, 2024

Finance

Japan's Metaplanet Buys Another $6.7M Worth of Bitcoin

Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin

By Jamie CrawleyOct 7, 2024

Markets

Len Sassaman Gets the Memecoin Treatment Ahead of HBO Bitcoin Creator Documentary

Polymarket bettors and the broader crypto community widely consider cryptographer Sassaman to be “revealed” as Bitcoin’s creator in an anticipated HBO documentary.

By Shaurya MalwaOct 7, 2024

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Markets

Bitcoin, Asian Equities May Be Losing Capital to China Stocks

Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.

By Omkar GodboleOct 7, 2024