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 Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case

PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.

By Shaurya Malwa, Sam ReynoldsOct 3, 2024

Tech

Protocol Village: Firoza Finance Launches $2M Pilot Program for Shariah-Compliant DeFi With 'Mudarabah Smart Contract'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 26-Oct. 2.

By Bradley KeounOct 2, 2024

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues

The largest cryptocurrency's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.

By Krisztian SandorOct 2, 2024

Markets

Short-Term Holders Send $3B in Bitcoin to Exchanges at a Loss as Mideast Tensions Rise

Geopolitical tensions triggered consecutive daily declines of almost 4% in bitcoin’s price.

By James Van StratenOct 2, 2024

Long-term bitcoin holders vs short-term holders send to exchanges at a loss (Glassnode)

Markets

First Mover Americas: Bitcoin Returns to $61K After Tuesday's Dump

The latest price moves in crypto markets in context for Oct. 2, 2024.

By Jamie Crawley, James Van StratenOct 2, 2024

Markets

Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw

Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management.

By James Van StratenOct 2, 2024

Markets

Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On

Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.

By Shaurya MalwaOct 2, 2024

Markets

Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains

The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.

By Krisztian SandorOct 1, 2024

Gráfico de índices del mercado de acciones subiendo y bajando. (Megamodifier/Pixabay)

Opinion

How the Crypto Retail Market Has Changed

Retail investors may not be as plentiful in the current cycle, but they've become increasingly sophisticated, says CoinDesk senior analyst James Van Straten.

By James Van StratenOct 1, 2024