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.

Finance

Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol

The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.

By Jamie CrawleyDec 7, 2023

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

First Mover Americas: Crypto on the Agenda at Republican Presidential Debate

The latest price moves in crypto markets in context for Dec. 7, 2023.

By Jamie Crawley, Omkar GodboleDec 7, 2023

Vivek Ramaswamy co-founded Strive Asset Management (Frederick Munawa)

Markets

Here's Why Bitcoin's Famed Bull-Market Pullbacks Have Been Elusive During the Recent Price Surge

The bull market has been clearly spot-driven, with all major derivatives data relatively flat, one observer said, adding the rally has limited downside.

By Omkar GodboleDec 7, 2023

Markets

Early Bitcoin Miner Apparently Sent 1,000 ‘Satoshi Era’ BTC to Trading Desks This Week

These bitcoin were mined at the very early stages of the network for an estimated $100, as per CryptoQuant.

By Shaurya MalwaDec 7, 2023

A detail of the Satoshi Nakamoto statue in Budapest, Hungary. (Janos Kummer/Getty Images)

Tech

Protocol Village: EOS Network Ventures Invests in Spirit Blockchain Capital, Gets Board Seat

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.

By Bradley KeounDec 6, 2023

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

Videos

Why Presidential Candidate Vivek Ramaswamy Is So Pro-Crypto

The GOP presidential candidate also talks about how pegging the dollar to a basket of commodities that could eventually include Bitcoin would help the U.S. economy, and why he hates the idea of a CBDC.

Dec 6, 2023

Podcasts

Crypto Update | Bitcoin Continues to Outperform, But Futures Show Traders Are Eyeing Ether

By Noelle AchesonDec 6, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Traders Are Turning to Ether

The latest price moves in crypto markets in context for Dec. 6, 2023.

By Lyllah Ledesma, Omkar GodboleDec 6, 2023

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

Markets

Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K

Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.

By Shaurya MalwaDec 6, 2023

Arbitrage trade opens up on TX (Alexander Grey/Unsplash)

Markets

Key Metrics Show Crypto Traders Turning to Ether From Bitcoin

Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.

By Omkar GodboleDec 6, 2023