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

First Mover Asia: What Will It Take to Get Bitcoin to $30K?

The world’s largest digital asset isn’t budging and it'll take regulatory clarity to push past $30,000.

By Sam ReynoldsAug 8, 2023

Markets

Operadores de opciones cripto hacen una apuesta arriesgada contra la volatilidad de bitcoin

"Considerando la ausencia de grandes noticias en agosto, vender volatilidad y tomarme unas vacaciones para obtener ganancias sólidas de theta es lo único que puedo hacer en este momento", dijo un operador.

By Omkar GodboleAug 7, 2023

Roller coaster ride for bitcoin on Monday (Getty Images)

Tech

It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'

An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original blockchain, or to “hallucinate” like the more popular (and generalist) ChatGPT.

By Frederick MunawaAug 7, 2023

Markets

CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst From July Inflation Data

Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

By Stephen AlpherAug 7, 2023

The April inflation report was released Wednesday morning (JLGutierrez/Getty Images)

Podcasts

Crypto Update | Crypto Traders Short Volatility; PayPal Announces U.S. Dollar Pegged Stablecoin

By George KaloudisAug 7, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin Remains King While Crypto Hedge Funds Get Rekt

Even though crypto hedge funds managed positive returns during the first half of the year, bitcoin trounced them, according to a 21e6 Capital report.

By Brandy BetzAug 7, 2023

Finance

Michael Saylor’s Bitcoin Billions Have Rebounded Since He Exited CEO Job a Year Ago

BTC’s price is around $29,000, up from less than $23,000 when he decided in 2022 to focus on buying the cryptocurrency.

By Stephen Alpher, Lyllah LedesmaAug 7, 2023

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Markets

First Mover Americas: Michael Saylor's Wager on Bitcoin Looking Better

The latest price moves in crypto markets in context for August 7, 2023.

By Lyllah Ledesma, Omkar GodboleAug 7, 2023

MicroStrategy CEO Michael Saylor, center (Joe Raedle/Getty Images)

Markets

Crypto Options Traders Bet Against Volatility

"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling, or writing, call or put options.

By Omkar GodboleAug 7, 2023