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 Tumbles on Report of SEC Saying Spot BTC ETF Filings Inadequate

Spot bitcoin ETF applications from BlackRock and Fidelity, among others, had helped drive bitcoin higher over the past two weeks.

By Stephen AlpherJun 30, 2023

Bitcoin daily price chart. (CoinDesk Indices)

Markets

First Mover Americas: Fidelity Joins the Rush for Spot Bitcoin ETF

The latest price moves in crypto markets in context for June 30, 2023.

By Lyllah LedesmaJun 30, 2023

Fidelity Investments sign (Jonathan Weiss/Shutterstock)

Markets

Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data

With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.

By Omkar GodboleJun 30, 2023

Bitcoin price. (CoinDesk/Highcharts.com)

Markets

First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil

ALSO: Bitcoin holds steady near $30.4K – unstirred by Fidelity's filing for a spot bitcoin ETF and unexpectedly strong U.S. jobs and productivity data.

By James Rubin, Glenn Williams Jr.Jun 30, 2023

Bitcoin weekly chart. (CoinDesk Indices)

Markets

U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises

BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research.

By Krisztian SandorJun 29, 2023

Markets

Bitcoin Hovers Over $30.3K Despite Renewed Inflation Worries

In comments Thursday at a Madrid event on financial stability, Fed Chair Jerome Powell said that “it will take time for the full effects of monetary restraint to be realized.”

By James RubinJun 29, 2023

Markets

Bitcoin, Ether Hold Steady as Investors Shrug Off Upbeat Economic Data, Rekindled Inflationary Concerns

Risk markets appear to have already priced in rate hikes, and remained largely unstirred by today’s unexpectedly strong economic data.

By Glenn Williams Jr.Jun 29, 2023

Bitcoin and other major cryptocurrencies have been riding along relatively flat terrain. (Marianna Lutkova/Unsplash)

Podcasts

Crypto Update | Markets Liked Banks Passing Stress Tests Even Though the National Debt Is Becoming a Big Problem

By Adam B. LevineJun 29, 2023

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

Markets

First Mover Americas: Coinbase Responds to the SEC’s Lawsuit

The latest price moves in crypto markets in context for June 29, 2023.

By Lyllah LedesmaJun 29, 2023

Markets

First Mover Asia: Bitcoin Retreats, Quickly Regains $30K Perch as Investors Mull ETF Timing, Inflation

ALSO: Fast-paced, entrepreneurial Seoul ranked fourth globally in CoinDesk's crypto hub series. Korea's digital asset friendly, regulatory environment and a vibrant retail community have helped enabled the industry's rising prominence in the city.

By James RubinJun 29, 2023