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

Crypto Markets Today: Bitcoin Tops $19K, Blockchain.com Cuts Jobs, Sam Bankman-Fried Blogs

ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally.

By Jocelyn YangJan 12, 2023

Videos

Bitcoin Has Already Risen 14% In 2023

Bitcoin is now up about 14% this year after falling 63% in 2022. This comes as U.S. inflation data showed consumer price index (CPI) slipped 0.1% in December and rose 6.5 percent over the last 12 months, in line with expectations. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Jan 12, 2023

Markets

Crypto Markets Analysis: Inflation Cools, but Hopes for Fed Pivot Might Be Too Hot

Declines in energy prices drive lower U.S. inflation, and crypto prices advance. But a closer look at the December Consumer Price Index report showing a 6.5% inflation rate suggests the Federal Reserve may have to stay hawkish for a while.

By Glenn Williams Jr.Jan 12, 2023

Markets

Bitcoin Pushes Above $19K for First Time Since FTX Collapse

Crypto-related stocks are making even larger gains as the rally in the sector continues.

By Stephen AlpherJan 12, 2023

Red arrows moving upon wooden blocks, Business concept Growth, Conceptual Business Finance Growth (Sakchai Vongsasiripat)

Videos

Bitcoin Above $18K Following US December Inflation Report

Bitcoin (BTC) saw a dip in price but remains above $18,000 following the news that annualized inflation slowed to 6.5% in December from 7.1% previously. "The Hash" panel discusses the 0.1% slip in consumer price index (CPI) and the impact of macroeconomics on the crypto industry.

Jan 12, 2023