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.

Consensus Magazine

Casey Rodarmor: The Bitcoin Artist

His "Ordinals Theory," allowing data inscription on Bitcoin, generated a backlash from Bitcoiners who said it will ruin the network. But Rodarmor remains undeterred.

By Daniel KuhnDec 4, 2023

Casey Rodarmor, who shook up Bitcoin with Ordinals (Rhett Mankind)

Markets

Institutional Traders Split Between Bitcoin, Ether: Bybit Research

Numbers from the exchange show institutional traders largely ignored alternative cryptocurrencies in favor of perceived "safe" assets.

By Sam ReynoldsDec 4, 2023

Markets

Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say

The "basis trade," a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.

By Omkar GodboleDec 4, 2023

BTC's price chart (CoinDesk/TradingView)

Markets

Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations

Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.

By Shaurya MalwaDec 4, 2023

Markets

Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels

Ether also rose past $2,200 for the first time in months.

By Nikhilesh De, Omkar Godbole, Sam Reynolds, Lyllah LedesmaDec 3, 2023

Podcasts

Crypto Update | Would Lower Oil Prices Be Good or Bad for Bitcoin?

By Noelle AchesonDec 1, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Gauging Spot Bitcoin ETF's Impact on Price Volatility

Some analysts expect bitcoin to mature into a less volatile asset following the introduction of spot ETFs in the U.S, while others say potential "cash creation" structures will increase volatility.

By Omkar GodboleDec 1, 2023