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 | Bitcoin Rallies on Grayscale Court Win Over SEC

By CoinDeskAug 30, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC

The latest price moves in crypto markets in context for August 30, 2023.

By Lyllah Ledesma, Omkar GodboleAug 30, 2023

Markets

It's a Bullish Double Whammy for Bitcoin, but Caution Still Warranted

Grayscale's legal victory over the SEC and disappointing U.S. labor market data support upside in bitcoin. But the bullish scenario is not without risks.

By Omkar GodboleAug 30, 2023

Markets

Grayscale Ruling Does Not Guarantee Bitcoin Spot ETF Approval, Traders Say

“It doesn't mean that now Grayscale will be 100% able to list a spot Bitcoin ETF, nor that this will happen in the future,” one trader said.

By Shaurya MalwaAug 30, 2023

Chairman for the U.S. Securities and Exchange Commission Gary Gensler. (SEC, modified by CoinDesk)

Podcasts

Crypto Update | Is Bitcoin Close to Breaking Out of Its Current Range?

By CoinDeskAug 29, 2023

Markets

Bitcoin Tops $28K on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%

A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF.

By Lyllah LedesmaAug 29, 2023

Bitcoin surges after Grayscale court ruling (CoinDesk)

Policy

SEC Must Review Grayscale's Bitcoin ETF Bid After Previous Rejection, Appeals Court Rules

A federal appeals court ordered the SEC to "vacate" its rejection of the trust issuer's bid to convert the Grayscale Bitcoin Trust into an exchange-traded fund.

By Lyllah Ledesma, Nikhilesh DeAug 29, 2023

Markets

Bitcoin's Most Loyal Holders Continue Accumulation Despite Price Lull

Long-term holders continue to accumulate bitcoin, with 40% unmoved in more than three years, or an all-time high for that metric.

By Shaurya MalwaAug 29, 2023

Bitcoin whales - a term for large holders of the tokens - are staying put on their long-term holdings. (Todd Cravens/Unsplash)

Markets

Long Bitcoin With Tight Stop Loss in Place, Matrixport Says

Traders should monitor for a potential drop below $25,800, Matrixport's Markus Thielen said while discussing the stop loss.

By Omkar GodboleAug 29, 2023

Trading prices displayed on a monitor screen.

Videos

FTX's Sam Bankman-Fried Wants a 'Temporary Release' From Jail; Is Bitcoin Becoming an Election Issue?

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today, including attorneys for Sam Bankman-Fried wanting to secure the FTX founder a "temporary release." Arkham Intelligence data shows trading platform Robinhood holds a significant amount in bitcoin (BTC) in a single wallet. And, Cathie Wood is speaking out on crypto's influence in the upcoming U.S. presidential elections.

Aug 28, 2023