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

Bitcoin, S&P 500 Close In on Bullish 'Golden Cross' Signal

In the past, bitcoin's big rallies have started with a golden cross, but not all golden crosses have led to a big rally.

By Omkar GodboleFeb 2, 2023

The concurrent occurrence of golden cross on bitcoin and S&P 500 might spur more risk taking in financial markets. (TradingView/CoinDesk)

Finance

Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation

Montreal-headquartered mining firm specializes in operating from locations with stranded power.

By Sam ReynoldsFeb 2, 2023

Markets

First Mover Asia: Is Bitcoin's Ride Past $24.1K a Stopping Point or Sign of Further Gains?

ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the terraUSD implosion and other debacles.

By Shaurya Malwa, James RubinFeb 2, 2023

Bitcoin traveled past $24.1K at one point following the Fed's interest rate announcement. (Getty Images)

Markets

Crypto Markets Analysis: A Wave of Economic Data Rises on Wednesday With Fed Rate Decision

Bitcoin rose above $23.7K in the immediate aftermath of the Federal Reserve’s moderate increase, but at least one trend points to a possible crypto price decline.

By Glenn Williams Jr.Feb 1, 2023

Podcasts

A Primer on the Debate Around Ordinal Inscriptions, aka Bitcoin NFTs

By Nathaniel WhittemoreFeb 1, 2023

Videos

US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions-Evasion Efforts; Bitcoin Price Predictions

The U.S. Treasury Department's sanctions watchdog, the Office of Foreign Assets Control (OFAC), has blacklisted a bitcoin and an ether address linked to sanctions evasion. Plus, bitcoin (BTC) price predictions from ARK Invest and Matrixport.

Feb 1, 2023

Markets

Bitcoin Blasts Through $23.5K as Powell Speaks Following Fed Rate Hike

The U.S. central bank earlier Wednesday lifted its benchmark interest rate 25 basis points.

By Jocelyn Yang, Stephen AlpherFeb 1, 2023

Bitcoin price chart shows a price jump on Wednesday. (CoinDesk)

Podcasts

Crypto Update Episode 1000 | Code vs. Values: The Crypto Twist on ‘Trust’

By Adrian Blust, Adam B. LevineFeb 1, 2023

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

Tech

Decentralized Social Media Project Nostr's Damus Gets Listed on Apple App Store

Former Twitter CEO Jack Dorsey has donated to Nostr and promoted the open protocol that aspires to create a censorship-resistant global social network.

By Bradley KeounFeb 1, 2023