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 Rockets Past $24.7K to Hit 6-Month High

ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace Blur, following an airdrop.

By James Rubin, Shaurya MalwaFeb 16, 2023

Markets

Bitcoin Soars Past $24K to Reach 2-Week High

Investors liquidated some $60 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed.

By Jocelyn YangFeb 15, 2023

Bitcoin price chart showed the cryptocurrency's price jump on Wednesday. (CoinDesk)

Opinion

The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good for Bitcoin

While the largest cryptocurrency has not been a direct focus for regulators, bitcoiners should not become cheerleaders.

By George KaloudisFeb 15, 2023

(Photo by Chip Somodevilla/Getty Images)

Markets

First Mover Americas: Lido DAO’s Governance Token Jumps 17%

The latest price moves in crypto markets in context for Feb. 15, 2023.

By Lyllah Ledesma, Omkar GodboleFeb 15, 2023

Policy

El Salvador Plans to Open 'Bitcoin Embassy' in Texas

The Central American country wishes to open a bitcoin embassy in "new ally" Texas, Mayorga said on Twitter, to aid "expansion of commercial and economic exchange projects."

By Jamie CrawleyFeb 15, 2023

Markets

Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data

Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields.

By Omkar GodboleFeb 15, 2023

Policy

EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law

The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset.

By Jack SchicklerFeb 15, 2023

European Central Bank (Raimund Linke/Getty Images)

Markets

DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange

DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT and ADA trading.

By Sam ReynoldsFeb 15, 2023

Piyush Gupta, chief executive officer of DBS Group Holdings (DBS)

Markets

First Mover Asia: Bitcoin Holds Steady on CPI Data. Are Investors Undecided?

ALSO: Unspent transaction output, individual units of bitcoin that are locked in transactions on the blockchain, are rising. Here's why the trend is significant.

By Sam ReynoldsFeb 15, 2023