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.

Finance

MicroStrategy's Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.

By Oliver KnightSep 8, 2023

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Finance

FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue

The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.

By Stephen AlpherSep 7, 2023

Podcasts

Crypto Update | Crypto Trading Volume Hits 4-Year Low and New Host Announcement

By CoinDeskSep 7, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

CoinDesk Indices

Back to School: Supporting the Next Generation of Investors

How will advisors adapt to support the next gen investor? Erik Anderson from Global X takes us through the changing landscape in today’s Crypto for Advisor newsletter.

By Sarah Morton, Erik AndersonSep 7, 2023