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

Asset Managers’ Bitcoin Exposure Rises, Reversing Recent Trend

Following three consecutive weeks of reducing long positions, asset managers add 975 long futures contracts, the Commitment of Traders report shows.

By Glenn Williams Jr.Mar 27, 2023, 3:41 p.m. EDT

Markets

Binance's Bitcoin Trading Volume Hits Lowest Level in 8 Months Following Termination of Zero-Fee Trading

Zero-fee trade volume accounted for 66% of Binance’s trading volume in mid-March prior to the decision to eliminate the promotion.

By Lyllah LedesmaMar 27, 2023, 12:53 p.m. EDT

Finance

MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin

The company borrowed $205 million from Silvergate Bank last March.

By Stephen AlpherMar 27, 2023, 8:25 a.m. EDT

Michael Saylor, executive director, MicroStrategy (Marco Bello/Getty Images)

Markets

First Mover Americas: First Citizens Scoops Up Big Chunks of Silicon Valley Bank

The latest price moves in crypto markets in context for March 27, 2023.

By Lyllah LedesmaMar 27, 2023, 8:20 a.m. EDT

Markets

Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley

Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the bank said.

By Will CannyMar 27, 2023, 7:19 a.m. EDT

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Markets

First Mover Asia: Bitcoin Is Ready for a Consolidation Phase

ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one stakeholder is optimistic that the situation will change.

By Sam ReynoldsMar 26, 2023, 9:21 p.m. EDT

Decentralized derivatives platforms have a liquidity problem, Sam Reynolds writes. (Unsplash)

Podcasts

Why We’ll Remember This Banking Crisis as a Turning Point for Bitcoin

By Nathaniel WhittemoreMar 26, 2023, 5:00 a.m. EDT

Opinion

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.

By Conor RyderMar 25, 2023, 6:45 a.m. EDT