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 Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near

China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.

By Omkar GodboleJul 10, 2023

Markets

First Mover Asia: Bitcoin Opens Week Defending $30K Support Level

PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.

By Sam ReynoldsJul 10, 2023

Podcasts

Featured Story | How Central Bankers Are Reshaping the Definition of Money

By George KaloudisJul 9, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Podcasts

Featured Story | Elon, You Don’t Need Crypto to Do Twitter Payments

By George KaloudisJul 8, 2023

Finance

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.

By Helene BraunJul 7, 2023

Videos

Large Bitcoin Holders Reluctant to Move Assets on to Centralized Exchanges: Data

Despite a recent increase in bitcoin whales, large BTC holders remain reluctant to move assets on to centralized exchanges, according to data from Glassnode. Bitcoin whales, and whales moving assets on to exchanges have taken separate paths, as large investors seem wary of moving their assets out of cold storage. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jul 7, 2023

Markets

Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains

STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, outdistancing bitcoin and ether, among other digital assets.

By Lyllah LedesmaJul 7, 2023