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.

Podcasts

Crypto Update | Why the World Runs on Commodities, With Noelle Acheson

By Jennifer SanasieFeb 20, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Ether Flirts With $3K

The latest price moves in crypto markets in context for Feb. 20, 2024.

By Lyllah Ledesma, Omkar GodboleFeb 20, 2024

Policy

Australians More Likely to Invest in Spot Bitcoin ETFs After U.S. Approval: Study

The 5th edition of the Independent Reserve Cryptocurrency Index has revealed that 25% of Australians view Bitcoin more favourably after the spot Bitcoin ETF approval in January.

By Amitoj SinghFeb 20, 2024

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

Markets

Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K

The strategy provides a hedge against a potential bitcoin price pullback to $47,000 and costs over $20 million, according to crypto block trading service provider Greeks.Live.

By Omkar GodboleFeb 20, 2024

Markets

Bitcoin Order Books Are Most Liquid Since October as Market Depth Nears $540M

Order book liquidity indicates how easy it is to buy and sell large quantities at stable prices.

By Omkar GodboleFeb 20, 2024

Markets

Bitcoin ETFs See Record $2.4B Weekly Inflows; BlackRock's IBIT Leads: CoinShares

Inflows accelerated last week, indicating increasing demand for the new spot-based exchange-traded funds, CoinShares head of research James Butterfill said.

By Krisztian SandorFeb 19, 2024