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

Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis

Creditors of the crypto financial firm Genesis propose a package $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder.

By Bradley KeounJul 4, 2023

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos, announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Markets

First Mover Asia: Bitcoin Crosses $31K After Spot BTC ETF Issuers Begin Refiling

PLUS: The first half of 2023 has so far been very promising for the crypto majors.

By Sam ReynoldsJul 4, 2023

Podcasts

Podcast Update | The Future of Markets Daily

By George KaloudisJul 3, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say

The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.

By Omkar GodboleJul 3, 2023

Opyn's Crab strategy offers a new way to generate yield in a comatose market. (James Coleman/Unsplash)

Markets

First Mover Americas: Traders Place Big Bets on Ether for Second Half of 2023

The latest price moves in crypto markets in context for July 3, 2023.

By Lyllah LedesmaJul 3, 2023

Hands on a laptop keyboard with a screen showing charts and prices (Unsplash, Kanchanara)

Markets

First Mover Asia: Bitcoin Maintains $30K as Prospective Issuers Refile ETF Applications

PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can’t help but feel that something is amiss.

By Sam ReynoldsJul 3, 2023