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.

Videos

Bitcoin Has the Highest Daily Returns Tuesday

Daily average percentage gains for bitcoin peaked last Tuesday, the day ProShares launched its bitcoin futures ETF in the U.S. ProShares hauled in over half of $1 billion of assets in its first day, with over $1 billion in trading, becoming one of the most successful ETF launches ever.

Oct 26, 2021

Videos

Where’s Bitcoin Headed Next?

Jesse Proudman, co-founder and CEO of SEC-registered crypto robo advisor Makara, discusses his short-term and end-of-year outlook for bitcoin as it surged to an all-time high of $66,974 last week. Plus, whether he’s advising his clients to invest in bitcoin futures ETFs and views on Tesla’s stocks making big moves.

Oct 26, 2021

Markets

Market Wrap: Bitcoin Rises Again as Altcoins Outperform

Bitcoin is back above $62K and investors are pumping more money into crypto funds.

By Damanick Dantes, Helene BraunOct 25, 2021

Close-up of horns on a black bull against a dark background. (Coindesk archives)

Markets

DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’

Some cryptocurrency analysts are doubtful the discount will shrink anytime.

By Omkar GodboleOct 25, 2021

Grayscale Bitcoin Trust premium/discount (Skew)

Markets

Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains

Momentum has been building after bitcoin hit an all-time high last week.

By Muyao ShenOct 25, 2021

Solana hit new record high prices on Monday. Credit: Kurt Cotoaga/Unsplash

Videos

Crypto Asset Manager Arca Launches First Fund for Startup Investments

Asset management firm Arca has launched “Endeavor Venture Fund,” a new fund to invest in crypto startups. The firm’s first VC fund was oversubscribed above its $30 million cap. Arca's David Nage shares insights into the launch and the implications for the crypto asset manager's overall crypto markets outlook. Plus, his short-term price forecast for bitcoin.

Oct 25, 2021