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

Citi Alumni-Founded Startup to Offer Bitcoin Securities That Don't Need Green Light From SEC

Receipts Depositary Corp. aims to address the institutional desire for bitcoin investments that may not be satisfied by a spot ETF.

By Jamie CrawleyJan 4, 2024

Markets

Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say

Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.

By Shaurya MalwaJan 4, 2024

Markets

'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval

The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.

By Shaurya MalwaJan 4, 2024

16:9 crop: Gambling roulette chips betting casino chance. (Pixabay)

Markets

What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?

Bitcoin cratered almost 10% below $41,000 early Wednesday around the time of Matrixport's report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.

By Krisztian SandorJan 3, 2024

Podcasts

Decentralization | The First Principle of Why We Are Here

By Sheila Warren, Michael J. CaseyJan 3, 2024

Money Reimagined Digital Money Stage at Consensus 2022

Podcasts

Crypto Update | 'Bitcoin Is Due for a Breather,' Tactive Wealth Advisor Eddy Gifford Says

By Jennifer SanasieJan 3, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

USDC Stablecoin Momentarily Depegs to $0.74 on Binance

The stablecoin immediately snapped back to its $1 peg on Binance.

By Oliver KnightJan 3, 2024

USDC momentarily trades at $0.74 (Piret Ilver/Unsplash)

Tech

Protocol Village: KuCoin Labs Invests in ISSP for Sui-Based Inscription Protocol

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)

By Bradley KeounJan 3, 2024

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Markets

First Mover Americas: Bitcoin's Strong Start to January May Falter

The latest price moves in crypto markets in context for Jan. 3, 2024.

By Lyllah LedesmaJan 3, 2024

Policy

Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport

"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said

By Jamie CrawleyJan 3, 2024