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

Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan

The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.

By Will CannyJul 22, 2024

Markets

Bitcoin Briefly Tops $68K as Biden Dropout Riles Up Crypto Bulls

The general possibility of a crypto-friendly government coming into power is bumping sentiment among professional traders, one firm said.

By Shaurya MalwaJul 22, 2024

Markets

Bitcoin Traders Brace for 'Fat Tails' as Focus Shifts to Trump's Nashville Bitcoin Conference Speech

Speculation is high that Trump will announce a bigger role for BTC in the financial system, triggering a parabolic rise in the cryptocurrency's price, one observer said.

By Omkar GodboleJul 22, 2024

Donald Trump's recent crypto embrace means solana ETFs might have a shot if he becomes president again. (Justin Sullivan/Getty Images)

Markets

Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins

Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.

By Krisztian SandorJul 19, 2024

Podcasts

Bitcoin & AI, IREN’s Short Report and Tether’s Mining Investments

By William FoxleyJul 19, 2024

Wealth Optimization Strategies For Bitcoiners

Markets

First Mover Americas: Bitcoin Trades at $64K as Biden Withdrawal Likelihood Increases

The latest price moves in crypto markets in context for July 19, 2024.

By Jamie Crawley, Shaurya MalwaJul 19, 2024

Markets

Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies

As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of victory for the now crypto-friendly Donald Trump slipped on prediction market Polymarket.

By Krisztian SandorJul 18, 2024

Bitcoin (BTC) price on July 18 (CoinDesk)

Finance

Crypto Exchange Kraken Paid Dave Portnoy Bitcoin in Sponsorship Deal

The Barstool Sports chief wouldn't buy at BTC's current prices, but he's "always" willing to take it as payment. "I believe in it that much."

By Danny NelsonJul 18, 2024

Barstool founder and CEO Dave Portnoy (Michael Hickey/Getty Images)

News Analysis

Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications

One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”

By Amitoj SinghJul 18, 2024