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 Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally

More than five months of sideways price action is testing investors' patience, but similar low-volatility episodes led to break-outs to new record prices, one observer noted.

By Krisztian SandorAug 27, 2024, 1:49 p.m. EDT

Finance

The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global

Five of the six new billionaires became so through bitcoin investments.

By Oliver KnightAug 27, 2024, 8:27 a.m. EDT

Woman with falling dollars. (BuenaVistaImages/Gettyimages)

Markets

First Mover Americas: Bitcoin Drops as Traders Take Profits

The latest price moves in crypto markets in context for Aug. 27, 2024.

By Jamie Crawley, Omkar GodboleAug 27, 2024, 8:02 a.m. EDT

Podcasts

Is Bitcoin Dirty? Reviewing The Bitcoin Mining’s Documentary With Alana Mediavilla

By William FoxleyAug 27, 2024, 8:00 a.m. EDT

Wealth Optimization Strategies For Bitcoiners

Finance

Hilbert Capital Will Manage $200M Bitcoin-Denominated Hedge Fund, Xapo Bank to Add Funds

The fund, set for launch in September, will be available to corporates, businesses and professional investors

By Jamie CrawleyAug 27, 2024, 7:01 a.m. EDT

Markets

Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi

Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said.

By Will CannyAug 27, 2024, 4:49 a.m. EDT

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Podcasts

Aave Token Up Nearly 40%: Is It a Good Buy?

By Helene Braun, Jennifer SanasieAug 26, 2024, 3:00 p.m. EDT

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Bitcoin Consolidates at $64K Before Next Push Higher

The latest price moves in crypto markets in context for Aug. 26, 2024.

By Krisztian SandorAug 26, 2024, 8:24 a.m. EDT

Markets

Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole

Trading volumes for the eleven ETFs crossed $3.12 billion to mark their highest level since July 19, SoSoValue data shows. BlackRock’s IBIT led trading activity and inflows at $1.2 billion and $83 million, respectively.

By Shaurya MalwaAug 26, 2024, 4:42 a.m. EDT