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 Is Hitting All-Time Highs Around the World

The U.S. economy and its dollar has enjoyed relative strength over the past few years.

By Sam ReynoldsFeb 29, 2024

Markets

Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record

BlackRock's bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.

By Krisztian SandorFeb 29, 2024

Podcasts

Crypto Update | MicroStrategy: Prime Bitcoin Halving Bet? With Mark Palmer

By Jennifer SanasieFeb 29, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: BTC Volatility Spikes, Crypto Derivatives Volume Surges

The latest price moves in crypto markets in context for Feb. 29, 2024.

By Omkar GodboleFeb 29, 2024

Crypto derivatives trading volume. (Laevitas)

Markets

Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show

The number of bitcoin held in wallets tied to miners has dropped to the lowest since mid-2021.

By Omkar GodboleFeb 29, 2024

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

Bitcoin Logs Biggest Single-Day Gain Since October, Market-Neutral Bets Yield 3x U.S. Treasury Notes

The attractive yield on the market-neutral cash and carry trade could draw more money to the crypto market.

By Omkar GodboleFeb 29, 2024

Bulls running through a street. (Shutterstock)

Tech

Protocol Village: Fleek Network Claims Faster Edge Computing Than AWS, Vercel

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.

By Bradley KeounFeb 28, 2024

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

Markets

Bitcoin ETFs Break Volume Record Led by BlackRock Amid Wild Crypto Price Action

Net inflows into U.S.-listed spot bitcoin ETFs accelerated this week, with BlackRock's IBIT pulling in $520 million in fresh funds on Tuesday, BitMEX Research data shows.

By Krisztian SandorFeb 28, 2024

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)

Tech

U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker

Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active.

By Bradley KeounFeb 28, 2024

Ilya Lichtenstein, who pleaded guilty with wife Heather Morgan in the plundering of Bitfinex, is now testifying against the mixer he used. (Alexandria Sheriff's Office)

Finance

Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources

Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.

By Ian Allison, Will CannyFeb 28, 2024