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.

Finance

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.

By Aoyon AshrafMay 1, 2023

MicroStrategy's Michael Saylor is all smiles after the FASB rule change (Joe Raedle/Getty Images)

Podcasts

Consensus 2023: Regulation, Regulation, Regulation, With Senator Cynthia Lummis; What’s the Holdup?

By Michele MussoMay 1, 2023

Opinion

Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout

The events are unconnected, but crypto has a role to play in the wider political realignment questioning the sanctity of central banks and established powers.

By Daniel KuhnMay 1, 2023

Markets

First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat

ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead – most notably about the regulatory uncertainty.

By Sam ReynoldsApr 30, 2023

Videos

Trust Machines CEO on Revival of Bitcoin Building

Muneeb Ali, CEO of Trust Machines, discusses at Consensus 2023, the changes within the Bitcoin community's developer culture.

Apr 28, 2023

Tech

Bitcoin Use Cases Are Seeing ‘Explosive Growth,' Trust Machines Says

"Bitcoin is fun again because there's a place to build again," said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, on StageX at Consensus 2023.

By Frederick MunawaApr 28, 2023