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.

Opinion

BlackRock’s Bitcoin ETF Would Be a Big Deal

And it doesn’t really matter if it’s technically a trust.

By George KaloudisJun 16, 2023

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Markets

Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.

By James RubinJun 16, 2023

Podcasts

Crypto Update | BlackRock’s Spot Bitcoin ETF Application Spurs Green Markets

By Adam B. LevineJun 16, 2023

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Finance

BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF

The asset management giant included a surveillance-sharing agreement in its proposal, which could eliminate the risk of market manipulation related to bitcoin.

By Ian Allison, Helene BraunJun 16, 2023

BlackRock headquarters in New York (Jeenah Moon/Bloomberg via Getty Images)

Markets

First Mover Americas: BlackRock Files for a Spot Bitcoin ETF

The latest price moves in crypto markets in context for June 16, 2023.

By Lyllah LedesmaJun 16, 2023

Markets

Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook

Total crypto market capitalization rose, with dogecoin (DOGE) leading gains among major tokens.

By Shaurya MalwaJun 16, 2023

Markets

First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle

A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.

By Sam Reynolds, James RubinJun 16, 2023