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 Bargain Hunters Active on Kraken and Coinbase, CCData Shows

Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.

By Omkar GodboleSep 12, 2024, 3:18 a.m. ET

Markets

Bitcoin Jumps Over $58K Amid Tech Stock Rally, SUI Outperforms

SUI outperformed the market, rising over 16%, possibly due to Grayscale's new Sui Trust announcement.

By Shaurya Malwa, Sam ReynoldsSep 12, 2024, 2:10 a.m. ET

Tech

Protocol Village: Oracle Platform DIA Introduces 'Lumina,' HashKey Cloud Helps Decentralize Metis Sequencer

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 5-11.

By Bradley KeounSep 11, 2024, 3:23 p.m. ET

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

Markets

Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading

Crypto markets have made a habit over the past few weeks of declining as U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.

By Krisztian SandorSep 11, 2024, 11:14 a.m. ET

Markets

Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase

Another technical indicator suggests even tougher times could be in the cards for the crypto market.

By Oliver KnightSep 11, 2024, 11:00 a.m. ET

Markets

U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated

The price of bitcoin initially slipped following Wednesday morning's report.

By Stephen AlpherSep 11, 2024, 8:42 a.m. ET

U.S. August inflation data was released Wednesday morning (Frank van Hulst/Unsplash)

Markets

A Bitcoin Chart That Offers Hope to Battered Crypto Bulls

Bitcoin's price action since late April seems to have bullish undertones.

By Omkar GodboleSep 11, 2024, 8:11 a.m. ET

Markets

First Mover Americas: Bitcoin Drops Below $56.5K on Risk-Off Day

The latest price moves in crypto markets in context for Sept. 11, 2024.

By Jamie Crawley, Omkar GodboleSep 11, 2024, 8:01 a.m. ET

Markets

Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says

September could be another difficult month for the miners as bitcoin remains under $60K and the network hashrate continues to rise, the report said.

By Will CannySep 11, 2024, 5:10 a.m. ET

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Markets

Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst

The 30-day average funding rates for perpetual swaps slid to negative levels, a rare occasion that marked a bottom in prices historically, K33 Research said.

By Krisztian SandorSep 10, 2024, 4:43 p.m. ET