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

Market Wrap: Bitcoin Consolidates as Altcoin Season Heats Up

Bitcoin’s rally is taking a breather as altcoins outperform.

By Damanick Dantes, Bradley KeounAug 30, 2021

Markets

Investors Add to Altcoin Funds as Bitcoin Outflows Mount

Digital-asset funds focused on Cardano and other altcoins have attracted fresh capital.

By Damanick DantesAug 30, 2021

Chart shows total AUM and net new assets of crypto funds.

Source: CoinShares

Videos

Square's Jack Dorsey Plans to Build Decentralized Bitcoin Exchange

Payment giant Square plans to build a decentralized bitcoin exchange via its new division focused on creating an open developer platform, with more details TBD, said CEO Jack Dorsey. "The Hash" squad unpacks the industry implications for Dorsey's latest crypto project and the possible hurdles for rolling out such a protocol.

Aug 30, 2021

Tech

Money Trail From Liquid Exchange Hack Points to Wasabi Privacy Wallets

Hackers are using Wasabi wallets to launder BTC stolen from Liquid or received in exchange for other stolen cryptos, according to Crystal Blockchain.

By Anna BaydakovaAug 30, 2021

Finance

Bitpanda’s Success Is Thanks to Timing and Poker

Paul Klanschek, CEO of the $4.1 billion startup, attributes his success to persistence, timing and poker skills.

By Helene BraunAug 30, 2021

Videos

Bitcoin’s Future in Arizona

“Community Crypto” host Isaiah Jackson is joined by Alex Dischinger, Tucson Bitcoin podcast host and Bitcoin Meetup Organizer, to discuss the potential outlook for crypto adoption in Arizona. Plus, his take on the $1 trillion bipartisan infrastructure bill and its possible impact on crypto regulation.

Aug 30, 2021

Videos

The State of Crypto in Arizona

Alex Dischinger, host of the Tucson Bitcoin podcast and Phoenix Bitcoin Meetup Organizer, discusses the crypto landscape in the U.S. state of Arizona and its potential impact on its citizens. Plus, insights into how local bitcoin groups are keeping the community engaged during times of COVID.

Aug 30, 2021

Markets

Bitcoin Holding Support; Stuck Below $50K Resistance

Upside appears to be limited towards $50,000-$55,000, given signs of slowing momentum and strong overhead resistance.

By Damanick DantesAug 30, 2021

Bitcoin four-hour price chart shows short-term support and resistance levels.

Markets

Market Wrap: Bitcoin and Stocks Rise on Dovish Fed

Bitcoin returns above $48,000 as risk rally continues.

By Damanick Dantes, Frances YueAug 27, 2021

Videos

Bitcoin Rises Above $48K as Dollar Drops After Powell’s Dovish Comments

Bitcoin gained Friday, and the U.S. dollar dropped in foreign exchange markets following Federal Reserve Chairman Jerome Powell’s dovish key speech at the U.S. central bank’s annual Jackson Hole conference. CoinDesk’s Galen Moore, Brad Keoun, and Christie Harkin discuss the implications for the crypto markets. Plus, the latest on bitcoin’s hashrate.

Aug 27, 2021