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 Is Benefiting From Crypto’s Flight to Quality: Matrixport

Investors are shifting into the cryptocurrency from stablecoins and more volatile cryptocurrencies, a report from the firm said.

By Will CannyMar 17, 2023

Markets

Bitcoin Breakout Puts $28K in View

The cryptocurrency's swift move above a resistance level dating back to August 2022 has strengthened the case for a continued rally.

By Omkar GodboleMar 17, 2023

Gráfico diario de bitcoin muestra un quiebre alcista. (Matrixport)

Markets

Crypto Twitter Thinks the Fed's $297B Balance Sheet Expansion Is 'QE', but It's Not

According to some observers, the latest expansion in the central bank's balance sheet is not outrightly stimulative like the one seen following the coronavirus-induced crash of 2020.

By Omkar GodboleMar 17, 2023

Fed's balance sheet (Fred.stlouisfed.org)

Markets

First Mover Asia: Asia Pushes Bitcoin Past $25K

ALSO: The Shibarium community is debating whether a chain using the same chain ID number 917 as the Rinia Testnet amounts to plagiarism or an open-source code that has been recycled.

By Sam ReynoldsMar 17, 2023

Markets

Bitcoin, Ether Shrug Off U.S. Jobs Data

The two largest cryptocurrencies by market capitalization also recently appear to have decoupled from equity indexes.

By Glenn Williams Jr.Mar 16, 2023

The price of ether has risen 16% in the past week. (Getty Images)

Markets

Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases

BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.

By Jocelyn YangMar 16, 2023

Bitcoin was rising above $25,000 (CoinDesk/Highcharts.com)

Markets

First Mover Americas: Investors Pull Coins From Bitcoin Funds

The latest price moves in crypto markets in context for March 16, 2023.

By Lyllah Ledesma, Omkar GodboleMar 16, 2023

Investors have been pulling coins from bitcoin funds. (ByteTree Asset Management)

Markets

Bitcoin Held in Funds Drops to Lowest Since October 2021, ByteTree Data Shows

Wealth management industry globally is very light in both bitcoin and gold, one observer said.

By Omkar GodboleMar 16, 2023

Markets

First Mover Asia: Bitcoin Dips Below $25K as Market Worries About Liquidity

ALSO: CoinDesk's Shaurya Malwa writes that higher-than-usual market volatility affected bulls and bears alike as crypto futures racked up $300 million in liquidations over a 24-hour period earlier this week.

By Sam Reynolds, Shaurya MalwaMar 16, 2023