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

Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Jobs Report

Analysts are worried that other tech-friendly lenders will face similar problems to Silicon Valley's.

By Omkar GodboleMar 10, 2023

Banking crisis fears grip investors after Silicon Valley Bank's fire sale of bond holdings. (diego_torres/Pixabay)

Markets

First Mover Asia: Bitcoin Plunges to Mid-January Levels

ALSO: CoinDesk analyst Glenn Williams writes that despite crypto's recent problems, bullish sentiment seems to still be prevailing among holders of perpetual futures contracts for bitcoin and ether.

By James Rubin, Glenn Williams Jr.Mar 10, 2023

Ether has fallen below a key bull market trendline. (Eva Blue/Unsplash)

Markets

Bitcoin Falls Below $20K as 2023 Rally Reverses

A hawkish Fed, the demise of crypto-friendly Silvergate Bank, and a possible government sale of Silk Road-related bitcoin have given investors ample reason to sell.

By Stephen AlpherMar 10, 2023

Los traders inicialmente subieron los precios de xmon para obtener un airdrop de sudo, el token de gobernanza de SudoSwap. (Getty Images)

Markets

Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash

The largest long liquidation in at least a month suggests Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from CoinGlass.

By Krisztian SandorMar 9, 2023

Markets

Bitcoin Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors

Bitcoin and other major cryptocurrencies declined as the crypto-focused lender’s crisis continued to unfold; ether sinks 7%.

By Jocelyn YangMar 9, 2023

Podcasts

Crypto Update | Yuga Labs' Embrace of Bitcoin NFTs Is a Big Deal

By Adrian Blust, Adam B. LevineMar 9, 2023

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Web3

THNDR Games Launches Play-to-Earn Bitcoin Blocks Puzzle Game

The Bitcoin gaming company’s latest product will allow players to test their problem solving skills against others to win bitcoin.

By Cam ThompsonMar 9, 2023

Finance

Price, Not Intrinsic Value, Is the True Measure of Bitcoin’s Success

Many financial advisors cite lack of intrinsic value as a case against bitcoin. But demand and global adoption, evidenced by bitcoin's steadily increasing price, are what they should be paying attention to.

By Isaiah DouglassMar 9, 2023