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

‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says

Fed Chairman Jerome Powell will be heard from later this week about the possible future direction of U.S. central bank policy.

By Stephen AlpherAug 23, 2023

Pantera CEO Dan Morehead (Shutterstock/CoinDesk)

Podcasts

Crypto Update | Bitcoin Hovers Around $26K, Thailand’s New Pro-Crypto Prime Minister

By CoinDeskAug 23, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Ether-Bitcoin Ratio Uptick Fails to Inspire Bullish Positioning in ETH Options

Options skew remains in favor of ether puts across different timeframes despite the past week's increase in the ETH/BTC ratio.

By Omkar GodboleAug 23, 2023

Markets

Nearly All Short-Term Bitcoin Owners Are Underwater, Making Rallies Harder

"The real problem is the current fragile market set-up for BTC, because short-term holders are underwater in both price and narrative," one observer said.

By Omkar GodboleAug 23, 2023

Bitget offers more liquid altcoin market that Binance. (Pexels/Pixabay)

Podcasts

Crypto Update | Coinbase Acquires Stake in Circle

By CoinDeskAug 22, 2023

Markets

Bitcoin Settles in Below $26K as Altcoins Lead Crypto Declines

In the absence of any positive catalyst, cryptocurrencies took the path of least resistance.

By Shaurya Malwa, Stephen AlpherAug 22, 2023

Bitcoin settles in below $26K (CoinDesk)

Markets

Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests

Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

By Omkar GodboleAug 22, 2023

The 14-day RSI has dropped to lowest since March 2020. (TradingView/CoinDesk)

Podcasts

Crypto Update | Analysts Split on Why Ether Outperformed Bitcoin Last Week

By CoinDeskAug 21, 2023

Markets

Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates

Instruments tied to interest rates compete with Bitcoin for investor dollars.

By Stephen AlpherAug 21, 2023

Could BTC price rise 44% from firms buying in the open market? (Getty Images)

Videos

Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months

Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Aug 21, 2023