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.

Podcasts

Crypto Update | Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money

By Adrian Blust, Adam B. LevineFeb 23, 2023

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Markets

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other constitute partial retracements. Bitcoin's year-to-date rally seems to be a retracement ahead of the final leg lower, the crypto trading firm said.

By Omkar GodboleFeb 23, 2023

La teoría de las ondas de Elliott pronostica una caída en bitcoin. (Schäferle/Pixabay)

Markets

First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes

ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot.

By James Rubin, Shaurya MalwaFeb 23, 2023

Aster hits $64 billion in daily volume as traders flock to leverage (Creative Commons)

Markets

Crypto Markets Analysis: Bitcoin, Ether Exchange Balances Take Divergent Paths

Investors have begun sending bitcoin to exchanges while continuing to remove ether.

By Glenn Williams Jr.Feb 22, 2023

Opinion

An Overlooked Source of BTC Support: Its Price Floor

The premier cryptocurrency is a speculative investment as well as a long-term play, providing a strong floor at a time of uncertainty in the crypto markets, says Noelle Acheson.

By Noelle AchesonFeb 22, 2023