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.


Bitcoin News

Markets

Bitcoin Slumps Below $54K as Mt. Gox Moves $2.6B in BTC

BTC slides to lowest since late February, breaching key price support.

By Omkar GodboleJul 5, 2024

Mt. Gox's wallet activity. (Arkham Intelligence)

Markets

Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements

A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month.

By Shaurya MalwaJul 4, 2024

(Unsplash)

Markets

Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus

Markets that consistently trade below the 200-day moving average are said to be in a downtrend.

By Omkar GodboleJul 4, 2024

BTC's daily chart. (TradingView/CoinDesk)

Markets

Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.

By Sam ReynoldsJul 4, 2024

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Markets

Bitcoin Plunges Under $59K as Crypto Bulls See $230M Liquidations

Solana’s SOL and dogecoin (DOGE) lead losses among major tokens, with the CoinDesk 20 index down 4.8%.

By Shaurya MalwaJul 4, 2024

(Photo and Co)

Tech

Protocol Village: DWF Launches $20M Fund for Web3 Projects in Chinese-Speaking Regions

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.

By Bradley KeounJul 4, 2024

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

Finance

Bitcoin Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant

Miner capitulation levels are now comparable with those in end of 2022, which was the market bottom after FTX implosion, CryptoQuant said.

By Oliver KnightJul 3, 2024

Hash rate drawdown (CryptoQuant)

Markets

Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst

The world's largest crypto has now declined 14% over the past four weeks.

By Omkar GodboleJul 3, 2024

outflows (Unsplash)

Opinion

What Bitcoin and the American Dream Have in Common

Bitcoin and America mean different things to different people. Both may have been captured by corporate interests. And both are all about freedom.

By George KaloudisJul 3, 2024

SANTA FE, NM - JULY 4, 2018: A man carries a small American flag in his back pocket as he enjoys a Fourth of July holiday celebration in Santa Fe, New Mexico. (Photo by Robert Alexander/Getty Images)

Markets

First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms

The latest price moves in crypto markets in context for July 3, 2024.

By Jamie Crawley, Omkar GodboleJul 3, 2024

BTC price, FMA July 3 2024 (CoinDesk)
of 1032

Latest Crypto News

Today
6:00 PM
Negative
Crypto firms cut hundreds of jobs in weeks, blaming weak markets, strong AI
A wave of crypto job cuts in early 2026 exposes the gap between two convenient narratives: macro headwinds and AI transformation.
5:27 PM
Positive
Grayscale wants to bring the world's hottest crypto trading frenzy to your brokerage account
The Hyperliquid network has seen significant growth, with weekly derivatives trading volume exceeding $50 billion and 24-hour fee revenue of $1.6 million.
4:00 PM
Neutral
The 5-cent contract that debunked a wartime death conspiracy
When social media declared Netanyahu dead, crypto prediction markets priced it at 5%. The money was right — and Washington wants to shut it down.

Newsletters

Newsletter thumbnail
CoinDesk Headlines
The biggest crypto news and ideas of the day.
Preview
By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.