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: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO

PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."

By Sam ReynoldsJul 26, 2023

Bitcoin monthly chart (CoinDesk Indices)

Opinion

Revenue Constraints Will Drive Bitcoin Mining to Sustainability

Proof-of-work mining has a place in global renewable energy adoption. But its larger role is ensuring economic freedom and liberty if nations are destabilized by climatic pressures.

By Margot PaezJul 25, 2023

Markets

Bitcoin Breaks Below Key Technical Indicator, but Appears Poised to Continue Its Flat Trajectory

Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets

By Glenn Williams Jr.Jul 25, 2023

Podcasts

Crypto Update | Bitcoin Continues to Trade Below $30K

By George KaloudisJul 25, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Videos

2024 Is Shaping Up to Be a 'Good Year' for Bitcoin: Galaxy Asset Management Head

Bitcoin is hovering around $29,000 as traders await another key interest rate decision from the U.S. Federal Reserve. Galaxy global head of asset management Steve Kurz discusses what to expect from the Fed and the implications for the crypto markets. Plus, Kurz's take on how dogecoin (DOGE) is performing amid excitement about Twitter's new look.

Jul 25, 2023

Markets

First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low

The latest price moves in crypto markets in context for July 25, 2023.

By Lyllah Ledesma, Omkar GodboleJul 25, 2023

Markets

Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July

A 25 basis point rate increase on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.

By Omkar GodboleJul 25, 2023

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

First Mover Asia: Bitcoin Holds Its Latest Foothold at $29.1K While Worldcoin Soars

PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.

By Sam Reynolds, James RubinJul 25, 2023

Markets

Crypto Catalysts: Rate Hike Looms as FOMC Begins Latest Monetary Policy Deliberations

The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. The Personal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.

By James RubinJul 25, 2023