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

Bitcoin Slips to $29K, but Fundstrat's Tom Lee Sees $150K on ETF Approval

Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.

By Krisztian SandorAug 16, 2023

Podcasts

Crypto Update | Coinbase Secures NFA Approval to Offer Crypto Futures

By Michele MussoAug 16, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin Vapid, Gold Weakens as Russian Ruble and Argentinian Peso Crash

The latest crash in ruble and peso represents reveal cracks in the global market, per one observer. Still, perceived safe havens like bitcoin and gold remain under pressure.

By Omkar GodboleAug 16, 2023

Crypto carnage could be warning sign for equities (Getty Images)

Markets

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.

By Stephen Alpher, Helene BraunAug 15, 2023

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Podcasts

Crypto Update | Europe's First Spot Bitcoin ETF Opens in Holland

By Michele Musso, CoinDeskAug 15, 2023

Markets

The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase

The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said.

By Will CannyAug 15, 2023

Coinbase's reiterates bullish macro forecast (Andrew Stickelman/Unsplash)

Tech

Disappearance of $900K Puts Focus on Vintage Bitcoin Project Libbitcoin

The issue, dubbed “Milk Sad,” was discovered in late July by information security firm Distrust.

By Frederick MunawaAug 14, 2023

Screenshot of code from Milk Sad vulnerability (milksad.info)

Markets

First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail

PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the outcome was predictable.

By James Rubin, Bradley KeounAug 13, 2023