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.

Podcasts

Crypto Update | Why a Spot Bitcoin ETF Would Help the Crypto Market

By Noelle AchesonOct 17, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds

The latest price moves in crypto markets in context for Oct. 17, 2023.

By Lyllah Ledesma, Omkar GodboleOct 17, 2023

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Markets

Crypto Day Ahead: U.S. Retail Sales Data to Test Dollar Buoyancy

Soft data would challenge the "U.S. exceptionalism" story and may hurt the dollar, paving the way for a positive bitcoin price action.

By Omkar GodboleOct 17, 2023

Real world assets are increasingly being seen as a growth area in crypto and TradFi. (Claudio Schwarz/.Unsplash, modified by CoinDesk)

Markets

Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed

The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.

By Shaurya MalwaOct 17, 2023

Markets

Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021

Bitcoin's dominance rate (index), which measures the top cryptocurrency's share in the total crypto market, touched a 2.5-year high of 52.45% on Monday.

By Omkar GodboleOct 17, 2023

Markets

Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False

Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI, and CPI Data.

By Sam ReynoldsOct 16, 2023

Podcasts

Bitcoin Spikes on False BlackRock Spot Bitcoin ETF Approval Rumor

By Noelle AchesonOct 16, 2023

Finance

What’s Next for Grayscale, Spot Bitcoin ETF After SEC Declines to Appeal Court Loss?

One analyst believes SEC Chair Gary Gensler has little choice but to soon approve the long-awaited vehicle.

By Lyllah LedesmaOct 16, 2023

Videos

Key Driver Behind Bitcoin's Price Spike; California's Crypto Licensing Bill Signed Into Law

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the factors that caused bitcoin to briefly spike to $30,000. When will a crypto licensing bill signed by California Governor Gavin Newsom take effect? Plus, Tether freezes accounts linked to terrorism and warfare in Israel and Ukraine.

Oct 16, 2023