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 Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics

Bitcoin is in the spotlight as cracks emerge in the traditional banking system, one observer said, explaining the negative spread between ether and bitcoin implied volatility metrics.

By Omkar GodboleMar 20, 2023

Markets

Open Interest in Bitcoin Futures Hits Yearly High of $12B

An uptick in open interest alongside a price rally is said to confirm an uptrend.

By Sam ReynoldsMar 20, 2023

La recuperación alcista de bitcoin logró que el interés abierto alcance máximos anuales. (Will Ess para Pixelmind.ai/CoinDesk)

Markets

Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K

The big move is aimed at avoiding a March 2020-like global dash for cash that saw investors sell everything, including bitcoin, for the U.S. dollar.

By Omkar GodboleMar 20, 2023

Markets

First Mover Asia: Bitcoin Hovers Over $28K Amid Banking Instability

ALSO: Bitcoin’s surge over the past week reflects a "flight to quality" but liquidity remains an issue.

By Sam ReynoldsMar 20, 2023

(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)

Markets

Bitcoin, Ether Swing From Cold to Hot in Event-Filled Week

The two largest cryptocurrencies have risen 31% and 26%, respectively, even as bank failures, inflation concerns and ETH selling pressure have roiled traditional asset markets.

By Glenn Williams Jr.Mar 17, 2023

Lit Protocol has raised $13 million in a Series A round. (Pixabay)

Opinion

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.

By Michael J. CaseyMar 17, 2023

Opinion

Bitcoin Is a Clear Winner of the U.S. Banking Crisis

The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.

By George KaloudisMar 17, 2023

Markets