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, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.

By Will CannyJun 19, 2024

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Finance

Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves

Hashrate for the Bitcoin network typically flattens or declines during North American summer time, industry experts say.

By Aoyon AshrafJun 18, 2024

Celsius Network is now allowing withdrawals from some accounts after freezing the accounts last June. (Unsplash)

Markets

MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says

Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.

By Will CannyJun 18, 2024

MicroStrategy attempted to make its case as the superior alternative in a fourth quarter earnings presentation to shareholders. (Source: MicroStrategy)

Markets

First Mover Americas: Crypto Majors Slide Further; SOL, DOGE Among Worst Affected

The latest price moves in crypto markets in context for June 18, 2024.

By Jamie Crawley, Omkar GodboleJun 18, 2024

Podcasts

Powering Texas’ Mining Boom With Ryan Nuckolls

By William FoxleyJun 18, 2024

Wealth Optimization Strategies For Bitcoiners

Markets

Dogecoin Bulls See $60M Liquidations in Biggest Hit Since 2021

Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%.

By Shaurya MalwaJun 18, 2024

Dogecoin futures set open interest record (Minh Pham/Unsplash)

Markets

Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K

The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.

By Shaurya MalwaJun 18, 2024

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Markets

Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.

By Krisztian SandorJun 17, 2024