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

Jim Cramer Now Says Bitcoin Is 'Topping Out'

Cramer’s picks have the tendency to move in the opposite direction he touts.

By Shaurya MalwaJan 9, 2024

Jim Cramer on Squawk Box (Tulane Public Relations, modififed by CoinDesk)

Markets

Bitcoin Decouples From Nasdaq Amid ETF Speculation

The 40-day correlation between the two has declined to zero.

By Omkar GodboleJan 9, 2024

Markets

BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish

Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.

By Krisztian SandorJan 8, 2024

Markets

Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations

The wallet receiving the hefty payout is the address that mined the Bitcoin network's first-ever block reward some 15 years ago, commencing the start of the blockchain.

By Krisztian SandorJan 8, 2024

Podcasts

Crypto Update | While Many Eye the ETF, Fundstrat's Sean Farrell Hints at Underappreciated Investing Opportunities

By Jennifer SanasieJan 8, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Finance

In Bitcoin ETF Battle, Grayscale Is Bringing 'a Gun to a Knife Fight'

The Grayscale Bitcoin Trust's (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and other wannabe rivals, according to Bloomberg's Eric Balchunas.

By Ian AllisonJan 8, 2024

Markets

First Mover Americas: It’s ETF Deadline Week

The latest price moves in crypto markets in context for Jan. 8, 2024.

By Lyllah LedesmaJan 8, 2024

Finance

Grayscale Announces 1.5% Fees for Its Proposed Bitcoin ETF Uplist

Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs), in an updated S3 filing on Monday.

By Ian AllisonJan 8, 2024

Markets