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.

Tech

Lightning Labs Rolls Out 'Taproot Assets,' to Make Bitcoin 'Multi-Asset' Network

Taproot Assets will give developers "the tools needed to make Bitcoin a multi-asset network, but in a scalable manner," according to Lightning Labs.

By Jamie CrawleyOct 18, 2023

Binance sets up lightning network nodes (Leon Contreras/Unsplash)

Podcasts

Crypto Update | U.S. Yields Soar and Binance.US Suspends Direct Dollar Withdrawals

By Noelle AchesonOct 18, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Finance

Bitcoin Financial Services Firm Unchained Looks to Attract Wealthy Clients With New Advisory Service

Sound Advisory will offer a network of "bitcoin-competent" financial planners to help HNWIs build distribution and utilization strategies and address potential tax and inheritance issues.

By Jamie CrawleyOct 18, 2023

Unchained Capital co-founders Dhruv Bansal (left) and Joe Kelly (Unchained)

Markets

Bitcoin 'Bollinger Bandwidth' Signals Wild Price Swings Ahead

The widely-tracked technical analysis gauge recently tanked to levels that have historically presaged a return of volatility to the crypto market.

By Omkar GodboleOct 18, 2023

Markets

First Mover Americas: GBTC Discount Continues to Narrow; Reddit’s Crypto Tokens Plummet

The latest price moves in crypto markets in context for Oct. 18, 2023.

By Lyllah Ledesma, Omkar GodboleOct 18, 2023

Markets

Bitcoin Nears $29K as Fidelity ETF Amendment Bumps Bullish Sentiment

Some analysts said the amendments show the U.S. Securities and Exchange Commission is holding active discussions with related parties.

By Shaurya MalwaOct 18, 2023

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Ether Could Continue to Underperform Bitcoin as U.S. Bond Market 'Dis-Inversion' Resumes

The spread between yields on 10-year and three-month Treasury notes has resumed the recovery toward zero. Ether has a strong inverse correlation with the yield spread than bitcoin.

By Omkar GodboleOct 18, 2023

El mercado bajista y la caída en el volumen de trading pesan sobre Coinbase. (Olen Gandy, Unsplash)

Finance

Coinbase Trading Volume Slows Further as Crypto Winter Continues: Berenberg

Political headwinds could blunt the impact of the crypto exchange’s ramped-up lobbying efforts, the report said.

By Will CannyOct 18, 2023

Markets

Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle

Bitcoin's market share of all cryptocurrencies rises to highest since April 2021.

By Krisztian SandorOct 17, 2023

Tech

Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock

The "Unbroken Chain" fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin. Already the new group has bought an image of a rock for about $85,000.

By Jamie CrawleyOct 17, 2023