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's Latest Rally Is Different as BTC Rises Alongside U.S. Dollar and Treasury Yields

Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.

By Omkar GodboleFeb 16, 2024

Finance

Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Marketplace Lyra

Bitcoin has rallied 35% in three weeks, with mining reward halving due in April.

By Omkar GodboleFeb 16, 2024

A trading chart on a computer. (Pexels/Pixabay)

Opinion

Stupid Things Craig Wright Said in His Latest Stupid Trial

During his cross-examination, lawyers for the Crypto Open Patent Alliance (COPA) tried to ensnare the Satoshi Nakamoto pretender in a web of lies.

By Daniel KuhnFeb 15, 2024

Policy

Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast

A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto.

By Sam KesslerFeb 15, 2024

Senator Elizabeth Warren tries her hand at standup. (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Markets

Bitcoin's Rise to $52K Is Driven by Strong U.S. Demand, the Coinbase Price Premium Suggests

Massive inflows into spot bitcoin ETFs made headlines recently, but other metrics showcase U.S. investors' appetite for the asset.

By Krisztian SandorFeb 15, 2024

Podcasts

Crypto Update | Bitcoin Continues to Rally Despite Mixed Macro Signals, with Bret Kenwell of eToro

By Jennifer SanasieFeb 15, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Crypto Remains Resilient as Japan, UK Slip Into Recession

The latest price moves in crypto markets in context for Feb. 15, 2024.

By Lyllah Ledesma, Omkar GodboleFeb 15, 2024

Markets

Bitcoin-Yen Pair Hits Record High, Reflects Stress on Japan's Fiat Currency

Bitcoin's ongoing rally is telling of current market perceptions about fiat currencies, with sentiment being weakest for the Japanese yen.

By Omkar GodboleFeb 15, 2024

Policy

Craig Wright Cross Examination Ends as COPA Trial Closes for Day

Wright – who has been battling it out with the Crypto Open Patent Alliance (COPA) in a U.K. trial for the past several days – is trying to prove he is Bitcoin inventor Satoshi Nakamoto.

By Camomile Shumba, Nikhilesh DeFeb 14, 2024