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

First Mover Americas: First Mover: Bitcoin Hovers Over $43K, Chainlink Extends Rally

The latest price moves in crypto markets in context for Feb. 5, 2024.

By Lyllah Ledesma, Shaurya MalwaFeb 5, 2024

Markets

Bitcoin Floats Above $43K as 'Buy The Dip' Sentiment Prevails

Buying on dips remains the dominant tactic in the crypto market, one trader said.

By Shaurya MalwaFeb 5, 2024

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

Policy

El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election

Under Bukele, the country in 2021 became the first nation to adopt bitcoin as legal tender.

By Krisztian SandorFeb 5, 2024

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

Podcasts

CoinDesk Markets Index Week in Review

By Jennifer SanasieFeb 2, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Podcasts

Enter Swan Mining, With Rapha Zagury

By William FoxleyFeb 2, 2024

Wealth Optimization Strategies For Bitcoiners

Markets

U.S. Added 353K Jobs in January, Blowing Past Estimates

The latest update on the labor market came less than two days after the Fed's Jerome Powell poured cold water on market hopes of a rate cut in March.

By Stephen AlpherFeb 2, 2024

The government's jobs report for January was released Friday (David McNew/Getty Images)

Markets

First Mover Americas: Bitcoin Holds $43K

The latest price moves in crypto markets in context for Feb. 2, 2024.

By Jamie Crawley, Omkar GodboleFeb 2, 2024

Markets

Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative

The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.

By Omkar GodboleFeb 2, 2024

A SOL block trade bets on big rally (Tumisu/Pixabay)

Markets

Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries

Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he's "cautiously long" amid the turmoil.

By Krisztian SandorFeb 1, 2024

Tech

Taproot Wizards Delays 'Quantum Cats' for 3rd Time as Mint Site Gets Fixed, Tested

Taproot Wizards struggled with technical issues during Monday's initial attempt to sell about 3,000 of the "NFTs on Bitcoin." The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing.

By Jamie CrawleyFeb 1, 2024