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

Michael Saylor's Bitcoin Bet Profit Tops $2B

MicroStrategy held nearly 175,000 bitcoins in its treasury as of the end of November.

By Lyllah LedesmaDec 4, 2023

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Videos

Bitcoin Extends Rally as $1B in BTC Withdrawals Suggests Bullish Mood

The case for a continued rally in bitcoin (BTC) has strengthened, with centralized exchanges recently witnessing a sizeable exodus of coins. Data from Glassnode shows just over 37,000 BTC, worth $1.4 billion, has been withdrawn from exchanges since Nov. 17 in a sign of investors taking direct custody of their coins. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Dec 4, 2023

Podcasts

Crypto Update | What Triggered Bitcoin's Jump Above $40K?

By Noelle AchesonDec 4, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Bitcoin Hits $42K for First Time in Over a Year

The latest price moves in crypto markets in context for Dec. 4, 2023.

By Lyllah Ledesma, Omkar GodboleDec 4, 2023

Consensus Magazine

Lisa Neigut: Reinventing Lightning to Reinvent Bitcoin

The Blockstream developer has been working on what she calls “Lightning v2” since 2019, and it’s poised to launch by year’s end.

By Daniel KuhnDec 4, 2023

Consensus Magazine

Casey Rodarmor: The Bitcoin Artist

His "Ordinals Theory," allowing data inscription on Bitcoin, generated a backlash from Bitcoiners who said it will ruin the network. But Rodarmor remains undeterred.

By Daniel KuhnDec 4, 2023