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 Price Holds Steady Above $23K as Silvergate Capital Crumbles

That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says.

By Jocelyn YangMar 2, 2023

Bitcoin price chart for past 24 hours (CoinDesk/highcharts.com)

Markets

Bitcoin, Ether Trade Marginally Lower Following Release of Discouraging Jobs Data

A persistently robust employment market has played a major role in capping asset prices, though a floor seems intact as well.

By Glenn Williams Jr.Mar 2, 2023

Finance

Investment Firm Ninepoint Proposes Switching Bitcoin ETF Strategy After Falling 45% in a Year

The fund will now seek to invest mainly in equity and equity-related securities of companies with exposure to Web3, blockchain and the digital asset-enabled internet.

By Aoyon AshrafMar 2, 2023

Tech

Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable

The new entity dubbed “c=” aims to improve liquidity and routing on Bitcoin’s Lightning Network. The name references the speed of light in Einstein's famous equation E=MC2.

By Frederick MunawaMar 2, 2023

(Historic England Archive/Heritage Images/Getty Images)

Markets

First Mover Americas: Bitcoin Falls to Below $23.5K

The latest price moves in crypto markets in context for March 2, 2023.

By Lyllah LedesmaMar 2, 2023

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

Markets

First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin

ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said the city's evolving approach to digital asset licensing could shift attitudes in mainland China.

By James Rubin, Fran VelasquezMar 2, 2023

Bitcoin options traders are betting the market waters will stay calm.

Markets

Bitcoin Holds Strong Over $23.6K to Continue Recent Consolidation

DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.

By Jocelyn YangMar 2, 2023

Markets

Bitcoin, Ether Settle Into a Range as Indicators Point Neutral

Bitcoin and ether’s rapid price acceleration to start 2023 has leveled off as investors worry about potential crypto regulation, inflation and the economy.

By Glenn Williams Jr.Mar 1, 2023

Finance

Weekly Challenge: The Digital Asset Power Hour

Financial professionals stand to benefit greatly from blocking off just one hour per week to learn about a digital asset, such as one of 500 included in CoinDesk's Digital Asset Classification Standard.

By Kelly ChambersMar 1, 2023