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

A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations

Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase.

By Todd GrothJun 14, 2023

Podcasts

Crypto Update | Mixed Bets on Bitcoin Following the Latest Inflation Report

By Adam B. LevineJun 14, 2023

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

Finance

Strike Expands Lightning-Powered Cross-Border Payments to Mexico

The company says Mexico is the largest market for remittances from the U.S.

By Frederick MunawaJun 14, 2023

Markets

Bitcoin Price 'Throwback' Suggests Potential for Rally to $37K: Valkyrie Investments

A throwback is a countertrend move where prices reverse direction and move back towards a breakout point, paving the way for a strong rally.

By Omkar GodboleJun 14, 2023

Markets

First Mover Americas: Bitcoin Traders Await Fed Decision

The latest price moves in crypto markets in context for June 14, 2023.

By Lyllah LedesmaJun 14, 2023

Markets

Bitcoin Supply on Exchanges Slides to Three-Year Low

Supply is likely dropping as traders and investors increasingly choose to self custody bitcoin holdings amid regulatory and exchange risks.

By Shaurya MalwaJun 14, 2023

Bitcoin supply slid to a three-year low. (Sergio Silva/Unsplash)

Markets

Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'

The options market shows a bias for puts tied to bitcoin ahead of the pivotal Fed meeting.

By Omkar GodboleJun 14, 2023

Fed Chair Jerome Powell (Samuel Corum/Getty Images)

Finance

Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor

Last week, the U.S. Security and Exchange Commission (SEC) filed lawsuits against Binance and Coinbase.

By Amitoj SinghJun 14, 2023

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase

Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase; bitcoin trades flat as Asia equity markets open.

By Sam ReynoldsJun 14, 2023

Markets

Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision

The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk.

By James RubinJun 13, 2023