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.

Videos

Developers Forking Bitcoin Ordinals to Give Litecoin Network Its First NFTs

Developers are forking Bitcoin ordinals to give older proof-of-work networks such as Litecoin their first set of non-fungible tokens (NFTs). "The Hash" panel discusses what this suggests about the impact of the Ordinals movement on the wider crypto ecosystem.

Feb 21, 2023

Markets

Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K

Bitcoin is struggling to establish a foothold above $25,000, a level that capped the August 2022 price bounce.

By Omkar GodboleFeb 21, 2023

Bitcoin's rally has hit a barrier. (Matthew Garoffolo/Unsplash)

Markets

First Mover Americas: BNB-Bitcoin Ratio Falls to Lowest Level Since August

The latest price moves in crypto markets in context for Feb. 21, 2023.

By Jamie Crawley, Omkar GodboleFeb 21, 2023

Markets

BNB-Bitcoin Ratio Drops to Lowest Level in Six Months on Paxos-BUSD Drama

The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token.

By Omkar GodboleFeb 21, 2023

Tech

Litecoin Network Gets Its First NFTs After Developer Forks Bitcoin Ordinals

A copy of the white paper of Litecoin’s mimblewimble upgrade was put on the Litecoin blockchain.

By Shaurya MalwaFeb 21, 2023

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Markets

First Mover Asia: Bitcoin Edges Toward $25K During Slow Economic Day

PLUS: Organizers of last year’s trucker-themed "Freedom Convoy" openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest stronger rules for the country.

By Sam ReynoldsFeb 21, 2023

Markets

Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS

The crypto market lost more than $450 billion after Terra's implosion in May, 2022, and another $200 billion after FTX's bankruptcy in November, the report said.

By Camomile Shumba, Sandali HandagamaFeb 20, 2023

Markets

First Mover Americas: Bitcoin ‘Ordinals’ Boom Prompts NFT Activity Surge

The latest price moves in crypto markets in context for Feb. 20, 2023.

By Jamie Crawley, Omkar GodboleFeb 20, 2023

Markets

Bitcoin Layer 2 Stacks Network's STX Token Spikes 50% as 'Ordinals' Boom

Stack Network is a Bitcoin layer 2 for smart contracts aimed at unleashing the world's oldest blockchain's potential as a programmable platform.

By Omkar GodboleFeb 20, 2023

STX hits highest point since May. (CoinDesk/Highcharts.com)

Markets

First Mover Asia: Bitcoin Opens the Week Testing $25K

ALSO: Hong Kong unveils its crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation focuses on accredited, professional investors.

By Sam ReynoldsFeb 20, 2023