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.

Finance

MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B

With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.

By Krisztian SandorSep 20, 2024

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Markets

First Mover Americas: Bitcoin Tests $64K as BoJ Pauses Rate Hikes

The latest price moves in crypto markets in context for Sept. 20, 2024.

By Jamie Crawley, James Van StratenSep 20, 2024

Markets

Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon

With both assets leading the market, here's a closer look at the factors driving their remarkable performance.

By James Van StratenSep 20, 2024

Bitcoin y el oro han tendido a moverse en tándem. (TradingView)

Markets

Ether Is Going to Shine Again, Steno Research Says

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

By Will CannySep 20, 2024

Markets

'Satoshi Era' Wallets Move $16M in Bitcoin After 15 Years of Dormancy

It is unclear if all these wallets belong to the same person or entity.

By Shaurya MalwaSep 20, 2024

Markets

Bitcoin Nears $64K as BTC Futures Attract Billions; BoJ's Hike Pause Bumps Risk Assets

The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July.

By Shaurya MalwaSep 20, 2024

Markets

Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month

The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.

By Krisztian Sandor, Helene BraunSep 19, 2024

Markets

Bitcoin's Breakout to New Highs Could Be Near, Past Market Cycles Suggest

The top crypto's current correction from the March peak resembles the action of 2016 and 2020 during the previous bull runs, which resolved in new all-time highs in the latter months of the year.

By Krisztian Sandor, James Van StratenSep 19, 2024