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.

Videos

Steven McClurg: Bitcoin Spot ETF Race

A growing number of asset management companies are joining the race for the approval of a Bitcoin spot exchange-traded fund in the United States while the Securities and Exchange Commission keeps delaying its decision on existing applications. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Steven McClurg, Chief Investment Officer and Co-Founder of Valkyrie, an asset management firm with a pending spot Bitcoin ETF application, said the approval for BTC spot ETFs in the U.S. might be imminent, potentially by the second quarter of 2024. Additionally, he addressed the SEC’s prior reservations, including custody and surveillance issues, stating that they have now been resolved.

Sep 18, 2023

Markets

First Mover Americas: Friend.tech Drives Up Coinbase’s Base Blockchain Activity

The latest price moves in crypto markets in context for Sept. 18, 2023.

By Jamie Crawley, Omkar GodboleSep 18, 2023

Base's daily transaction hit record high (IntoTheBlock)

Markets

Bitcoin Tops $27K a Week After Death Cross Formation With Fed Likely to Extend Rate Pause

The cryptocurrency is up nearly 8% since the ominous-sounding technical analysis pattern appeared on the daily price chart.

By Omkar GodboleSep 18, 2023

Podcasts

Crypto Update | ETH Supply Down One Year Post-Merge, With Host Noelle Acheson

By Noelle AchesonSep 15, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Altcoins Lead Gains and Deutsche Bank to Explore Tokenization

The latest price moves in crypto markets in context for Sept. 15, 2023.

By Jamie Crawley, Omkar GodboleSep 15, 2023

Finance

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.

By Oliver KnightSep 15, 2023

Markets

Bitcoin Bounce Puts Altcoin Bears at Risk

Bitcoin's bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.

By Omkar GodboleSep 15, 2023