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 Miner From Network’s Earliest Months Is Sending BTC to Kraken

The wallet first started moving bitcoin to Kraken three weeks ago and has moved 10 BTC so far in three separate transactions.

By Shaurya MalwaSep 24, 2024

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Markets

First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut

The latest price moves in crypto markets in context for Sept. 24, 2024.

By Jamie Crawley, Omkar GodboleSep 24, 2024

Markets

Bitcoin's Trading Range Extends Beyond 125 Days as September Shows Resilience

Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.

By James Van StratenSep 24, 2024

Markets

Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex

A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.

By Omkar GodboleSep 24, 2024

Markets

AI-Related Cryptos Lead Altcoin Surge; Bitcoin Breakout Nears with Several Catalyst in Q4: Analyst

NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.

By Krisztian SandorSep 23, 2024

Markets

Bitcoin Could Surge Thanks to Looser Financial Conditions

A less-widely followed report from the Chicago Fed indicated the easiest conditions since November 2021.

By James Van StratenSep 23, 2024

Markets

First Mover Americas: BTC, ETH Rise in Muted Trading to Start the Week

The latest price moves in crypto markets in context for Sept. 23, 2024.

By Jamie Crawley, Omkar GodboleSep 23, 2024

Markets

BlackRock Bitcoin ETF Options to Set Stage for GameStop-Like 'Gamma Squeeze' Rally, Bitwise Predicts

Last week, the U.S. Securities and Exchange Commission's (SEC) approved the list of of physically settled options tied to BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).

By Omkar GodboleSep 23, 2024

Markets

Ether Outperforms Bitcoin as Token 2049 Concludes, Overall Crypto Market Stays Flat

The CoinDesk 20 is beginning the week flat.

By Sam ReynoldsSep 23, 2024

Markets

Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate

The market cap of altcoins rose 5.7% after the central bank announced it would lower interest rates by 50 basis points. Bitcoin’s market cap rose only 4.4%.

By Helene BraunSep 20, 2024