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.

Opinion

Bank Consolidation Threatens Freedom, Makes Case for Bitcoin

The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.

By Michael J. CaseyMar 24, 2023

Opinion

A Sudden Onset of Hyperinflation: What Will Happen to Bitcoin?

If the world is thrust into hyperbitcoinization – as Balaji Srinivasan predicts – before the ecosystem is ready, then even bitcoiners might not be in a position to use bitcoin.

By George KaloudisMar 24, 2023

Historic photograph of a German bank during a period of hyperinflation during the Weimar Republic. (Bain News Service/Wikimedia Commons, modified by CoinDesk)

Markets

Here's Why Crypto Traders Should Be Attentive to 'De-Inversion' of Treasury Yield Curve

The Treasury curve suggests the widely anticipated U.S. economic recession is near. Historically, the signal has brought pain to risk assets.

By Omkar GodboleMar 24, 2023

Markets

First Mover Americas: Bitcoin Clings to $28K as Turbulent Week Draws to Close

The latest price moves in crypto markets in context for March 24, 2023.

By Lyllah Ledesma, Omkar GodboleMar 24, 2023

Policy

El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations

The country in 2021 became the first nation to adopt bitcoin as legal tender.

By Camomile ShumbaMar 24, 2023

El Salvador President Nayib Bukele (Getty Images)

Finance

Bitcoin Mining Industry Is Well Positioned to Participate in a New Cycle: Bernstein

The next main catalyst for the sector is the reward halving due early 2024, the report said.

By Will CannyMar 24, 2023

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Markets

First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

ALSO: CoinDesk market analyst Glenn Williams writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers.

By James RubinMar 23, 2023

Markets

Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally

Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August.

By Jocelyn YangMar 23, 2023

Markets

Bitcoin, Ether Diverging Paths Show Resilience and Opportunity

Bitcoin’s outperformance relative to ether highlights a flight to safety. The assets’ normally tight correlation has decoupled periodically in recent weeks.

By Glenn Williams Jr.Mar 23, 2023