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.

Policy

Craig Wright Told by UK Court to Stop Making ‘Irrelevant Allegations’ as COPA Trial Continues

Wright continued to blame a host of reasons and people for inconsistencies pointed out by opposing counsel on Monday as his cross-examination intensified.

By Sandali HandagamaFeb 12, 2024

Craig Wright arrives at a London Court for the COPA trial. (Dan Kitwood/Getty Images)

Markets

Bitcoin Pushes Through $50K for First Time Since Late 2021

The world's largest crypto has now more than recovered since tumbling below $40,000 in the initial days following the opening of the spot ETFs.

By Stephen AlpherFeb 12, 2024

CoinDesk's Bitcoin price index, which tracks price data on multiple exchanges, surpassed $50K on February 12. (CoinDesk)

Markets

Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase

Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.

By Krisztian SandorFeb 12, 2024

Bitcoin slides back into familiar range (Shutterstock)

Podcasts

Crypto Update | What's Behind Bitcoin's Weekend Rally? With Victoria Bills

By Jennifer SanasieFeb 12, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin Tops $50K as Spot ETF Inflows Accelerate; ETH Rallies Amid Franklin Templeton's Filing

Bitcoin topped Monday the $50,000 for the first time since December 2021, and could run further towards $52,000, one analyst noted.

By Krisztian SandorFeb 12, 2024

Markets

First Mover Americas: Bitcoin Hovers Below $48K; Immutable X Soars

The latest price moves in crypto markets in context for Feb. 12, 2024.

By Lyllah Ledesma, Omkar GodboleFeb 12, 2024

Markets

Bitcoin May Face Stiff Resistance Near $48.5K, On-Chain Analysis Shows

Nearly 270,000 BTC have been acquired at an average cost of $48,491, as analysis by IntoTheBlock shows.

By Omkar GodboleFeb 12, 2024

Markets

Bitcoin 'Stronger’ Ahead of Halving: Grayscale

Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.

By Shaurya MalwaFeb 12, 2024

image of someone splitting a log vertically in half with a long-handled ax

Markets

Bitcoin Logs Biggest Weekly Gain Since October as S&P 500 Tops 5K

The S&P 500 look expensive relative to bonds, but that does not imply risk aversion or outflow of money from stocks and crypto and into Treasury notes.

By Omkar GodboleFeb 12, 2024