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 Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated

BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.

By Shaurya MalwaJul 25, 2024

16:9 Liquid staking (ataribravo99/Pixabay)

Markets

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

Solana's SOL and Ripple's XRP were notable outperformers.

By Krisztian SandorJul 24, 2024

Tech

Protocol Village: Hemi Labs Announces 'Hemi' as Modular L2 Focused on Interoperability Between Bitcoin, Ethereum

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.

By Bradley KeounJul 24, 2024

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

Markets

First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists

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

By Jamie Crawley, Omkar GodboleJul 24, 2024

Markets

Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility

Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.

By Shaurya MalwaJul 24, 2024

Finance

Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange

The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.

By Shaurya MalwaJul 24, 2024

Markets

Bitcoin Bulls Beware as 'Doctor Copper' Slides Against Gold

"Doctor copper" is losing ground against safe haven gold, signaling economic weakness and risk aversion on the horizon.

By Omkar GodboleJul 24, 2024

Markets

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken

Bitcoin cash led with a 7% decline, while Solana's SOL, Ripple's XRP and Cardano's ADA also dropped 4%-5% as the news of the Mt. Gox distribution weighed on sentiment.

By Krisztian SandorJul 23, 2024

Markets

First Mover Americas: Ether Little Changed After Spot ETF Approval

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

By Jamie Crawley, Omkar GodboleJul 23, 2024

Tech

Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees

One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.

By Bradley KeounJul 23, 2024