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

Bitcoin Briefly Pushes Above $31K After Fidelity Spot ETF Report

Fidelity previously applied for a spot bitcoin ETF in 2021, but the effort was rejected by the SEC.

By Lyllah LedesmaJun 27, 2023

Fidelity Investments sign (Jonathan Weiss/Shutterstock)

Markets

Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies

The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction.

By Omkar GodboleJun 27, 2023

Markets

First Mover Americas: Crypto Funds See Largest Inflow in a Year

The latest price moves in crypto markets in context for June 27, 2023.

By Lyllah Ledesma, Omkar GodboleJun 27, 2023

Markets

Whale Drives Ether-Bitcoin Volatility Spread Lower Ahead of Options Expiry

The spread has flipped negative with consistent institutional selling of ether calls. Some of these positions could be rolled over ahead of Friday's expiry, leading to captivating shifts in volatility, crypto exchange Deribit said.

By Omkar GodboleJun 27, 2023

Markets

First Mover Asia: Bitcoin Could Experience Price Turbulence as $30K Is Tested

ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a technology that has yet to prove itself substantially.

By Sam ReynoldsJun 27, 2023

Tech

Damus Founder Now Expects Deplatforming From Apple App Store

Apple cited violation of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin.

By Frederick MunawaJun 26, 2023

Apple iPhone. (Jonas Vandermeiren/Unsplash)

Markets

Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry

BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat.

By James RubinJun 26, 2023