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

First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear

ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong.

By James Rubin, Shaurya MalwaFeb 9, 2023

Bitcoin was hovering near $17.3K. (Oliver Furrer/Getty Images)

Tech

Bitcoin NFTs Explode in Popularity as BitMEX Research Shows 13,000 Ordinals

Interest has skyrocketed following the first Ordinals transaction on Dec. 14.

By Frederick MunawaFeb 8, 2023

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

Markets

Crypto Markets Analysis: Ether Pulls Even With Bitcoin in Year-to-Date Performance

BTC had been outperforming ETH, but the spread between the two largest cryptocurrencies has now evaporated as the ether supply continues to decline.

By Glenn Williams Jr.Feb 8, 2023

Bitcoin and ether's gains this year are now roughly neck and neck. (Ralfs Blumbergs/Unsplash)

Videos

FTX Bankruptcy Judge Allows Company to Subpoena Bankman-Fried; Craig Wright Loses Bitcoin Copyright Claim in UK Court

U.S. Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the crypto exchange's founders and former executives, including Sam Bankman-Fried. Plus, the file format of the Bitcoin blockchain can’t be protected by copyright, a U.K. judge has found, ruling against self-proclaimed inventor Craig Wright.

Feb 8, 2023

Tech

Bitcoin’s Newfound NFT Hype Attracts Interest of BSV Developer Twetch

Twetch has already built a suite of NFT apps on the Bitcoin SV blockchain. So the new push by Ordinals to bring NFTs to the Bitcoin blockchain looks like an opportunity for expansion.

By Frederick MunawaFeb 8, 2023