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

This Bitcoin Rally Seems Different in Several Ways, But One Thing Stays the Same

As in previous bull runs, bitcoin's latest surge coincides with a burst of tech optimism on Wall Street. So traders might want to keep a close eye on a potential decline in the Nasdaq-to-S&P 500 ratio.

By Omkar GodboleMar 7, 2024

Markets

Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

The plunge from all-time highs turned the $60,000 area into a support level for prices, one observer noted.

By Krisztian SandorMar 6, 2024

Bitcoin price action on March 6 (CoinDesk)

Opinion

Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?

By Daniel KuhnMar 6, 2024

Tech

The Protocol: Bitcoin Cry for Help Heard

It may seem perplexing to the corporate mindset that bitcoin's price surged this week to a new all-time high above the old record around $69,000, even as the dominant Bitcoin Core software used to run the blockchain remains dependent on a group of volunteers. But there may be help on the way.

By Bradley KeounMar 6, 2024

Markets

Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts

The world's largest crypto has risen about 60% in just the two months since the opening of the spot bitcoin ETFs.

By Helene BraunMar 6, 2024

Podcasts

Crypto Update | BTC Sell-Off 'Clears the Air For Bitcoin to Go Higher,' Says Juan Leon

By Helene BraunMar 6, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Tech

Protocol Village: AI-Enabled Prediction Market PredX Launches Testnet on Sei Chain

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6.

By Bradley KeounMar 6, 2024

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Markets

First Mover Americas: What Comes After BTC’s Flirt With Record High

The latest price moves in crypto markets in context for March 6, 2024.

By Lyllah Ledesma, Omkar GodboleMar 6, 2024

Markets

Bitcoin Rally May Slow as Order-Book Imbalance Hints at Profit Taking

The gap between liquidity on the ask and bid sides of the order book within 2% of the market price has widened to nearly five times is usual value, according to data tracked by Kaiko.

By Omkar GodboleMar 6, 2024