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 ETFs Could See Up to $100B in Inflows If SEC Approves: Standard Chartered

Analysts from Standard Chartered, Galaxy and Corestone predict that a spot bitcoin ETF could see over $1 billion in inflows over just the first quarter.

By Lyllah LedesmaJan 9, 2024

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Markets

Bitcoin ETF Fever Drives Ethereum to 32-Month Low Versus BTC

Ether has lost 43% of its value against bitcoin since Sept. 7.

By Oliver KnightJan 9, 2024

Podcasts

Crypto Update | What Crypto Assets Are Waiting in the Wings? Kaiko's Riyad Carey Takes a Look Beyond Bitcoin

By Jennifer SanasieJan 9, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Bitcoin Holds Above $46K Amid ETF Anticipation

The latest price moves in crypto markets in context for Jan. 9, 2024.

By Lyllah LedesmaJan 9, 2024

Markets

'Grayscale Discount' Sinks to Lowest in 18 Months on Bets for GBTC Conversion to Bitcoin ETF

Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021.

By Shaurya MalwaJan 9, 2024

Grayscale Bitcoin Trust discount is narrowing. (YCharts)

Markets

Jim Cramer Now Says Bitcoin Is 'Topping Out'

Cramer’s picks have the tendency to move in the opposite direction he touts.

By Shaurya MalwaJan 9, 2024

Jim Cramer on Squawk Box (Tulane Public Relations, modififed by CoinDesk)

Markets

Bitcoin Decouples From Nasdaq Amid ETF Speculation

The 40-day correlation between the two has declined to zero.

By Omkar GodboleJan 9, 2024

Markets

BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish

Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.

By Krisztian SandorJan 8, 2024

Markets

Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations

The wallet receiving the hefty payout is the address that mined the Bitcoin network's first-ever block reward some 15 years ago, commencing the start of the blockchain.

By Krisztian SandorJan 8, 2024