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 in Stasis Below $27K Ahead of Powell Speech

U.S. Federal Reserve Chairman Jerome Powell will speak late Friday morning at the "Perspectives on Monetary Policy" panel before the Thomas Laubach Research Conference.

By Omkar GodboleMay 19, 2023

(Kevin Dietsch/Staff/GrettyImages/PhotoMosh)

Markets

First Mover Americas: Litecoin Might Be Trading at a Discount

The latest price moves in crypto markets in context for May 19, 2023.

By Lyllah Ledesma, Omkar GodboleMay 19, 2023

Canary Capital Group, a new digital asset-focused investment firm, has plans to launch an exchange-traded fund tied to Litecoin. (Litecoin Foundation)

Tech

NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts

DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining.

By Shaurya MalwaMay 19, 2023

Markets

First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds

PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem.

By Sam ReynoldsMay 19, 2023

Markets

Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions

Early morning gains for the crypto were quickly erased in Thursday afternoon trading.

By Jocelyn YangMay 18, 2023

Opinion

Should We Worry About Tether’s Bitcoin-Buying Plan?

Squint and you can see resemblances to Do Kwon’s bitcoin buying during Terra/luna’s high days.

By Daniel KuhnMay 18, 2023

Markets

Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments

Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.

By Glenn Williams Jr.May 18, 2023

Hawkish remarks by a Fed official sent bitcoin falling.(Getty Images/Tim Chapman)

Tech

Attendance at World's Largest Bitcoin Conference Down by Half as 'Crypto Winter' Drags On

Roughly 15,000 attendees are expected at the Bitcoin 2023 event, versus 35,000 last year – likely a result of the downturn known as “crypto winter.” Robert F. Kennedy Jr., the U.S. presidential candidate, is among scheduled speakers.

By Frederick MunawaMay 18, 2023