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 Isn't at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change

The downtrend in the yen has resumed in strong fashion, a good sign for risk assets, crypto among them.

By James Van StratenOct 18, 2024

Markets

First Mover Americas: BTC Flirts With $68K Amid ETF Inflows

The latest price moves in crypto markets in context for Oct. 18, 2024.

By Jamie Crawley, Omkar GodboleOct 18, 2024

Markets

Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July

In the past four trading days, Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply.

By James Van StratenOct 18, 2024

Tech

Jailhouse Block: Elvis Digital Art Collection Will Inscribe on the Bitcoin Network

A digital art collection of Elvis Presley, "Elvis Side $Btc," will be inscribed on the Bitcoin blockchain by OrdinalsBot and IP project Royalty.

By Jamie CrawleyOct 17, 2024

Elvis Presley performs in concert at the Milwaukee Arena on April 27, l977, in Milwaukee, Wisconsin. (Photo by Ronald C. Modra/ Getty Images)

Markets

Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin

The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.

By Shaurya MalwaOct 17, 2024

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Markets

Ongoing Profit-Taking Could Slow Bitcoin's Move to Record High

Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.

By James Van StratenOct 17, 2024

Bitcoin: Realized Profit and Loss (Glassnode)

Markets

First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip

The latest price moves in crypto markets in context for Oct. 17, 2024.

By Jamie Crawley, Omkar GodboleOct 17, 2024

Finance

Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC

The token will be available on both Ethereum and OP Mainnet.

By Will CannyOct 17, 2024

Markets

Coinbase Says Bitcoin Liquidity on Exchange Unfazed After SEC's Lawsuit Against Cumberland

Paris-based Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week.

By Omkar GodboleOct 17, 2024

Markets

Asia's Elite Embrace Crypto, Foresee Bitcoin at $100K by Year-End

Digital assets have emerged as an alternative investment class for private wealth in Asia, with 76% of family offices and high-net-worth individuals investing in cryptocurrencies versus 58% in 2022.

By Omkar GodboleOct 17, 2024