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 Tops $36K as 'ETFs Not Yet Priced in'

Bitwise's CIO sees future upside to bitcoin's price as the world's largest digital asset has 30% this month.

By Sam ReynoldsNov 9, 2023

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Tech

Protocol Village: Fidelity Acknowledges Risk of Bug in Bitcoin's Code

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.

By Bradley KeounNov 8, 2023

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

Markets

Bitcoin Breakout Toward $45K 'Imminent' Says Matrixport

Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.

By Krisztian SandorNov 8, 2023

Finance

BTC Price Pushes Towards $36K Ahead of 2023's Last Approval Period for Bitcoin ETFs

Analysts at Bloomberg predict that if a spot bitcoin ETF is not approved in this period, there’s still a 90% chance for approval by Jan. 10.

By Helene BraunNov 8, 2023

Chair Gary Gensler's U.S. Securities and Exchange Commission is weighing Hashdex's ETF application, which analysts suggest could have a leg up because of its novel approach. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue

Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted.

By Krisztian SandorNov 8, 2023

Number of Ordinals inscription on Bitcoin (21.co/Dune Analytics)

Podcasts

Crypto Update | Institutional Interest in Chainlink, Circle Considering an IPO

By Noelle AchesonNov 8, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Binance Unveils Self-Custody Wallet

The latest price moves in crypto markets in context for Nov. 8, 2023.

By Jamie Crawley, Omkar GodboleNov 8, 2023

Tech

New Cryptocurrencies Getting Created at Slowest Pace in 3 Years, CertiK Data Shows

Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new data compiled by the smart-contract auditor CertiK.

By Bradley KeounNov 8, 2023