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 Is Up 70% a Year After FTX Debacle, but 'Alameda Gap' in Liquidity Persists

The 'Alameda gap' refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.

By Omkar GodboleNov 3, 2023, 7:02 a.m. EDT

Markets

Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K

The bitcoin derivatives market shows signs of overheating, one observer noted.

By Krisztian SandorNov 2, 2023, 6:31 p.m. EDT

Markets

Here's Why Bitcoin Will 10X From Here: Michael Saylor

"For the industry to move to the next level, we need to migrate to adult supervision," said the MicroStrategy executive chairman.

By Stephen AlpherNov 2, 2023, 1:19 p.m. EDT

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Podcasts

Crypto Update | What's Fueling Solana's Outsized YTD Performance?

By Noelle AchesonNov 2, 2023, 12:30 p.m. EDT

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls It 'Exponential Gold'

The world's largest crypto remains in the green over the past 24 hours, but has slumped nearly 4% from its overnight high.

By Stephen AlpherNov 2, 2023, 12:07 p.m. EDT

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Finance

Crypto for Advisors: Opinion: Direct Crypto Ownership Is Best

In this week's issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client.

By Sarah Morton, Chris KingNov 2, 2023, 11:45 a.m. EDT

Videos

'Santa Rally' Could Spark Bitcoin to $56K by Year-End; PayPal Faces SEC Inquiry

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest topics in the crypto industry today, including a new price prediction that bitcoin (BTC) could rise to $56,000 by Dec. 31, in line with its record of maintaining bullish momentum in final months of the year. FTX founder Sam Bankman-Fried's trial is wrapping up. And, PayPal received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin.

Nov 2, 2023, 11:37 a.m. EDT