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

Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters

The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.

By Omkar GodboleDec 11, 2023

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin's 4% Drop Cools Overheated Funding Rates, Data Show

Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.

By Omkar GodboleDec 11, 2023

Markets

Bitcoin, Ether, and Major Altcoins in Deep Red

Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.

By Sam ReynoldsDec 11, 2023

Bitcoin (André François McKenzie/ Unsplash)

Podcasts

Crypto Update | Is Retail Interest in Crypto Picking Up? Three Signals to Watch

By Noelle AchesonDec 8, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin Dips as U.S. November Job Growth of 199K Tops Estimates

Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning's numbers.

By Stephen AlpherDec 8, 2023