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 Traders Worried About Liquidity Thinning in Bitcoin and Ether

Liquidity conditions in BTC and ETH markets are at their worst level since the collapse of Terra in May 2022

By Omkar GodboleFeb 28, 2023

Thin liquidity has traders worried about sudden bitcoin price volatility. (m./unsplash)

Finance

Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name

The auction for the ordinal was being hosted at Scarce.City, a new ordinal marketplace.

By Sam ReynoldsFeb 28, 2023

Ordinals is exploding on Bitcoin (DALL-E/CoinDesk)

Markets

First Mover Asia: Bitcoin Stays Rooted Near $23.5K

ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential.

By Sam Reynolds, James RubinFeb 28, 2023

Web3

Bored Ape-Parent Yuga Labs' Next NFTs Will Live on Bitcoin Blockchain

Called TwelveFold, the 300-piece Ordinals generative art collection serves as a “visual allegory for the cartography of data on the Bitcoin blockchain.”

By Cam ThompsonFeb 27, 2023

Podcasts

Goerli Ether Surged Over the Weekend; Allure of Bitcoin Ordinals Drives Crypto Funds to Stacks

By Christie Harkin, William Foxley, Jennifer Sanasie, Wendy OFeb 27, 2023

Markets

Crypto Markets Analysis: Stablecoins Trend Lower Despite Bitcoin’s Recent Performance

A shift in the supply of stablecoins could foreshadow crypto’s next move.

By Glenn Williams Jr.Feb 27, 2023

Podcasts

Gary Gensler, Bitcoin and the Bad-Faith SEC

By Nathaniel WhittemoreFeb 27, 2023

Videos

Bitcoin Hovers Around $23K

Hashdex Head of U.S. and New Markets Bruno Ramos de Sousa discusses his outlook for bitcoin (BTC) as the largest cryptocurrency by market cap hovers around $23,000 amid continued crypto contagion fears and increased regulatory scrutiny. Plus, what he's seeing in retail vs. institutional activity and why next year's Bitcoin halving could be a catalyst for an upcoming bull cycle.

Feb 27, 2023