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

Chart Expert Peter Brandt Raises Bitcoin's 2025 Target to $200K on Channel Breakout

Brandt expects bitcoin's ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.

By Omkar GodboleFeb 27, 2024

Gauging BTC price resistance. (12019/Pixabay)

Markets

Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’

A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.

By Shaurya MalwaFeb 27, 2024

Markets

Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders

One observer said that elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.

By Omkar GodboleFeb 27, 2024

Markets

Bitcoin Tops $57K as Rally Picks Up Steam

The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.

By Stephen AlpherFeb 27, 2024

Opinion

5 Things Satoshi Nakamoto Correctly Predicted About Bitcoin

In a document dump of emails, Bitcoin’s pseudonymous creator foresaw many of the biggest trends driving the development of the first cryptocurrency.

By Daniel KuhnFeb 26, 2024

Markets

Ether Tops Bitcoin as the Largest Crypto Asset for Institutions: Bybit Research

Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of a potential upward swing from the Dencun upgrade

By Sam ReynoldsFeb 26, 2024

Policy