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

It May Be Time for Bitcoin Traders to Focus on John Bollinger's Price Bands Again

Bitcoin's monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.

By Omkar GodboleFeb 1, 2024

Tech

Protocol Village: Braavos Wallet to Create Features Harnessing Account Abstraction on Starknet

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 25-31.

By Bradley KeounJan 31, 2024

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

Markets

Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut

"The market has gotten ahead of itself on the rates side," said one analyst.

By Krisztian SandorJan 31, 2024

Markets

Fed Leaves Rates Unchanged, Sounds Hawkish Note on March

Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.

By Stephen AlpherJan 31, 2024

Federal Reserve Chairman Jerome Powell (Win McNamee/Getty Images)

Markets

How the Launch of Spot ETFs Could Dampen Bitcoin’s Volatility

The approval of a wave of bitcoin exchange-traded funds will lead to a more mature market structure, say Vivek Chauhan and David Lawant, of FalconX.

By David Lawant, Vivek ChauhanJan 31, 2024

Podcasts

Crypto Update | Why Leaving ETH Out of Your Portfolio 'Represents Real Career Risk,' Says Coinbase Institutional Head of Research David Duong

By Jennifer SanasieJan 31, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: BTC Loses $43K as Crypto Prices Slip

The latest price moves in crypto markets in context for Jan. 31, 2024.

By Jamie Crawley, Omkar GodboleJan 31, 2024

Markets

Bitcoin Price Nears $44K as ETFs See Net Inflows for First Time in a Week

The last previous net inflow day was January 22, when the spot products as a group added just over 1,200 bitcoin.

By Helene BraunJan 30, 2024

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in a week (Jim Wilson/Unsplash)

Podcasts

Crypto Update | Why Traders Should Watch Private Financing and M&A, With Elliot Chun

By Jennifer SanasieJan 30, 2024

Tech

Taproot Wizards Delays 'Quantum Cats' Sale for 2nd Time, After Messy Bitcoin NFT Debut

"We had big plans for mint day and we didn’t live up to your expectations of us and to our expectations of ourselves," Taproot Wizards co-founder Udi Wertheimer posted on X.

By Jamie CrawleyJan 30, 2024