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

CoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance

Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.

By Glenn Williams Jr.Jun 28, 2023

Markets

Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High

Bitcoin's market cap composes 52% of the total crypto market, its highest level since April 2021.

By Krisztian SandorJun 28, 2023

Bearish stock financial, bear market chart falling prices down turn from global economic and financial crisis. (Getty Images)

Markets

Bitcoin, Other Digital Assets Surge Late in Q2 on Spot Bitcoin Euphoria

The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of the year.

By Glenn Williams Jr.Jun 28, 2023

BlackRock invested $24 million in failed crypto exchange FTX. (Spencer Platt/Getty Images)

Tech

Bitcoin-Friendly App Damus Avoids Apple Deplatforming After 2-Week Battle Over 'Zaps' Tipping

Apple had threatened to eject the bitcoin-friendly social media app from its App Store by June 27 unless Damus removed the ability to receive bitcoin tips via “zaps” on content posts.

By Frederick MunawaJun 28, 2023

Nostr's Damus, on Apple's App Store (Apple)

Podcasts

Crypto Update | Potential for a Bitcoin ‘Seasonal Surge’ and Nevada Files to Place Prime Trust Into Receivership

By Adam B. LevineJun 28, 2023

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

Markets

GBTC Volume Increases 79% in June Amid TradFi ETF Applications

The trust’s trading volume increased to $45 million in June.

By Lyllah LedesmaJun 28, 2023

Grayscale CEO Michael Sonnenshein (CoinDesk)

Podcasts

Property Rights in the Digital Realm with Mike Novogratz

By Michael J. CaseyJun 28, 2023

Money Reimagined Digital Money Stage at Consensus 2022

Markets

First Mover Americas: First Leveraged Bitcoin ETF in U.S. Trades $5.5M on Day One

The latest price moves in crypto markets in context for June 28, 2023.

By Lyllah Ledesma, Omkar GodboleJun 28, 2023

Tech

Syscoin Developer Launches Ethereum-Compatible Layer 2 Network Secured by Bitcoin Miners

Sys Labs, the company behind the project, claims the new network "Rollux" will provide for speedy and affordable transactions while relying on the Syscoin blockchain's "merged mining" security method.

By Bradley KeounJun 28, 2023