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.

Finance

MicroStrategy Buys Another 1,045 Bitcoin for $23.9M

The company now holds 140,000 bitcoin worth about $4 billion.

By Oliver KnightApr 5, 2023

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

Bitcoin's Spot-to-Derivatives Trading Volume Ratio Slides to Lowest in 11 Months

The decline indicates renewed risk appetite in the crypto market.

By Omkar GodboleApr 5, 2023

Relación entre el volumen de trading al contado y de derivados de bitcoin. (CryptoQuant)

Tech

As Bitcoin Platform Paxful Closes, Co-Founder Youssef Talks Up Alternatives

A white paper for Civilization Kit, a decentralized bitcoin peer-to-peer marketplace that also allows users to build their own decentralized marketplaces, will be published in one or two weeks, says Paxful co-founder Ray Youssef. In the meantime he endorses Noones, which describes itself as a “bitcoin peer-to-peer super app for the Global South.”

By Frederick MunawaApr 5, 2023

Markets

First Mover Asia: Chilly DOGE, While Bitcoin Simmers Over $28.6K

ALSO: The head of markets for crypto research firm Delphi Digital said Binance's loss of market share has stemmed largely from its struggles with regulators. He also called bitcoin's current threshold at about $28K "a tough spot."

By James RubinApr 5, 2023

Markets

Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

This a type of stablecoin pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.

By Krisztian SandorApr 4, 2023

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Markets

Crypto Funds’ Bitcoin Holdings Rise as Investor Demand Rebounds

Fund managers have added about 4,000 bitcoins in recent weeks.

By Jocelyn YangApr 4, 2023

Markets

Ether Gains on Bitcoin but JOLTs Jobs Data Leaves Markets Unmoved

Ether and bitcoin’s reduced daily correlation could provide opportunity for ETH bulls.

By Glenn Williams Jr.Apr 4, 2023

Markets

Bitcoin's Huge Surge Pushes Crypto Market Cap to $1.19T, the Highest Since June

Bitcoin’s massive rally has helped get it there, even as the industry faces a regulatory crackdown.

By Lyllah LedesmaApr 4, 2023

Opinion

Bitcoin and the Changing Definition of 'Safety'

When supposedly safe investments like bonds and stocks underperform, what does that mean for our view of apparently risky investments like bitcoin? Noelle Acheson offers her thoughts.

By Noelle AchesonApr 4, 2023