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 Tops $58K After U.S. Tech Stocks Rise

The latest price moves in crypto markets in context for Sept. 12, 2024.

By Jamie Crawley, Omkar GodboleSep 12, 2024

Markets

Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered

Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.

By Will CannySep 12, 2024

Markets

Leverage in the Bitcoin Market Is Increasing Again as $58.5K Becomes Key Level

High-leverage liquidity in bitcoin is concentrated at around $58,500, according to Hyblock Capital.

By Omkar GodboleSep 12, 2024

Bitcoin's estimated leverage ratio. (CryptoQuant)

Markets

U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank

Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.

By Will CannySep 12, 2024

Markets

Bitcoin Yields as High as 45% on Offer in Pendle's New Pools

The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.

By Shaurya MalwaSep 12, 2024

Markets

Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows

Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.

By Omkar GodboleSep 12, 2024

Markets

Bitcoin Jumps Over $58K Amid Tech Stock Rally, SUI Outperforms

SUI outperformed the market, rising over 16%, possibly due to Grayscale's new Sui Trust announcement.

By Shaurya Malwa, Sam ReynoldsSep 12, 2024

Tech

Protocol Village: Oracle Platform DIA Introduces 'Lumina,' HashKey Cloud Helps Decentralize Metis Sequencer

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 5-11.

By Bradley KeounSep 11, 2024

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

Markets

Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading

Crypto markets have made a habit over the past few weeks of declining as U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.

By Krisztian SandorSep 11, 2024