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, Ether Options' Value on Deribit Reaches Record High of $23B

Increased interest in the three-dimensional options trading suggests an influx of sophisticated traders in the crypto market.

By Omkar GodboleDec 8, 2023

stock, chart, investing (sergeitokmakov/Pixabay)

Markets

Matrixport's $45K End of Year Target for Bitcoin Looks to Be Accurate

2023 has been a five-phased bitcoin rally, Matrixport said in a report.

By Sam ReynoldsDec 8, 2023

Markets

Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing 'Bull Trap'

BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.

By Krisztian SandorDec 7, 2023

Finance

Sam Altman-Backed Meanwhile Group Starts Bitcoin Private Credit Fund for Institutional Investors

The fund, offered by the startup's investment management arm, Meanwhile Advisors, aims to attract institutional investors with a 5% yield.

By Krisztian SandorDec 7, 2023

Meanwhile co-founder and CEO Zachary Townsend on CoinDesk TV (CoinDesk)

Podcasts

Crypto Update | Crypto Meets Politics

By Noelle AchesonDec 7, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Policy

Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules

The hearing, scheduled to take 15 days, will also seek to determine whether the alleged hack occurred.

By Camomile ShumbaDec 7, 2023

Craig Wright (Eamonn M. McCormack/Getty Images for London Blockchain Conference )

Markets

Bitcoin's Next Move Might be Decided by Friday's Jobs Report

A recent dovish shift in the outlook for monetary policy has played a sizable role in big gains for both crypto and traditional markets.

By Stephen AlpherDec 7, 2023

The government releases jobs data for November on Friday (YinYang/Getty)

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