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.

Podcasts

Crypto Update | Markets Are Mixed As the Current Debt Ceiling Resolution Bill Could Be a ‘Double Whammy’ for Liquidity

By Adam B. LevineJun 1, 2023

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

Markets

Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns

BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.

By James RubinJun 1, 2023

Markets

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

LTC has outperformed both bitcoin and ether over the last 30 days.

By Lyllah LedesmaJun 1, 2023

Markets

On Heels of First Losing Month of 2023, Bitcoin and Ether Flash Differing Signals

While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.

By Glenn Williams Jr.Jun 1, 2023

Markets

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K

The latest price moves in crypto markets in context for June 1, 2023.

By Lyllah Ledesma, Omkar GodboleJun 1, 2023

Markets

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?

By James Rubin, Glenn Williams Jr.Jun 1, 2023

Markets

Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say

Improving liquidity conditions so far this year have lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resume tightening, analysts say.

By Krisztian SandorMay 31, 2023

Markets

Inflation Concerns, Strong Jobs Data Put Bitcoin on the Defensive

A strong May jobs report on Friday could set the crypto up for further declines.

By Glenn Williams Jr.May 31, 2023

The exterior of the Federal Reserve Board building (Alex Wong/Getty Images)

Podcasts

Crypto Update | BTC Price Fell Today After Fed Member Stated 'No Reason' To Halt Rate Hike Cycle and Student Loan Payments Will Resume This Year

By Adam B. LevineMay 31, 2023

Policy

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl

In a Senate hearing, a top U.S. Treasury official said Chinese drug makers have found crypto payments “appealing,” and Warren cited Elliptic research to back a push for legislation.

By Jesse HamiltonMay 31, 2023