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 Markets Today: Bitcoin Holds Steady Above $23K, White House Urges Congress to 'Step Up' Crypto Regulation

Also: Polygon’s MATIC token gained 8%, while Arbitrum-based decentralized trading platform Vela Exchange's DXP token surged 26%. Equities closed up.

By Jocelyn YangJan 27, 2023

Videos

Bitcoin on Track for Best January Performance in a Decade

Bitcoin (BTC) is having its best start to the year since 2013 after jumping 40% this month amid weakness in the U.S. dollar. A Matrixport analyst said that 85% of the rally has been powered predominantly by U.S.-based buyers. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Jan 27, 2023

Markets

Bitcoin Holds Steady Above $23K as Traders Eye Fed’s Next Meeting

Bitcoin and ether have outperformed equities this year. The FOMC’s decision on interest rates looms large over markets.

By Jocelyn YangJan 27, 2023

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

Markets

Crypto Markets Analysis: Bitcoin, Ether Trading Activity Lessens as Investors Await FOMC’s Next Interest Rate Hike

Bitcoin and ether were trading around new areas of support; markets were quiet ahead of a likely 25 basis point rate increase.

By Glenn Williams Jr.Jan 27, 2023

Policy

Crypto Custodian Prime Trust to Cease Operations in Texas at End of January

The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly."

By Frederick MunawaJan 27, 2023

Prime Trust Consensus Booth (Prime Trust)

Podcasts

The Interaction of Money, Nature and AI, With Stan Stalnaker

By Michael J. CaseyJan 27, 2023

Money Reimagined Digital Money Stage at Consensus 2022

Markets

Bitcoin on Track for Best January Since 2013, Led by Bullish Trading During US Hours

Bitcoin has rallied almost 40% since Jan. 1, on track for its best opening to a year since 2013 when it surged 51%.

By Omkar GodboleJan 27, 2023

Rendimientos de bitcoin desglosados por horarios regionales de trading. (Matrixport Technologies)

Markets

First Mover Asia: Cryptos Shrug Off Latest US Productivity, Jobs Data; Bitcoin Hovers at $22.9K

ALSO: Sam Reynolds considers litecoin's strong performance over the past year compared to bitcoin and ether. The first altcoin has been operating largely out of the spotlight.

By James Rubin, Sam ReynoldsJan 27, 2023