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 Returns to $61K Ahead of September CPI Report

The latest price moves in crypto markets in context for Oct. 10, 2024.

By Jamie Crawley, Omkar GodboleOct 10, 2024

Markets

Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report

A hotter-than-expected inflation report would weaken the case for Fed interest-rate cuts.

By Omkar GodboleOct 10, 2024

BTC, ETH drop as the dollar index rallies. (TradingView/CoinDesk)

Markets

Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says

Per SwissOne Capital, the BTC dominance rate and the U.S. interest are positively correlated.

By Omkar GodboleOct 10, 2024

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Markets

Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges

One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.

By Krisztian SandorOct 9, 2024

Videos

Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions

Stablecoin market capitalization has jumped to $169 billion led by USDT and USDC. Plus, on-chain analytics firm Santiment reported a bump in whale transactions on the Bitcoin network. Could stablecoin liquidity and rising transaction volume be the catalyst for bitcoin's next price surge? CoinDesk's Christine Lee presents the "Chart of the Day."

Oct 9, 2024

Tech

Protocol Village: Fuse, Layer-1 Chain Focused on Payments, Introduces 'Charge' for Merchants

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 3-9.

By Bradley KeounOct 9, 2024

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

Markets

First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat

The latest price moves in crypto markets in context for Oct. 9, 2024.

By Jamie Crawley, Omkar GodboleOct 9, 2024

Markets

Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K Range

A long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday.

By Omkar GodboleOct 9, 2024

Markets

Record Stablecoin Liquidity, Spike in BTC Transactions Could Fuel Bitcoin Price Surge

Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts.

By Shaurya MalwaOct 9, 2024

A rocket launching. (United Launch Alliance / U.S. Air Force)

Markets

Bitcoin Trapped Between 50 and 200-Day Averages as Bond Market Volatility Spikes, China Stocks Slide

The MOVE index, which measures expected volatility in U.S. Treasury notes, spiked to the highest since January, hinting at tighter financial conditions ahead.

By Omkar GodboleOct 9, 2024