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 Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data

Ether also rose. Equity markets dropped, including stocks of two regional banks.

By Jocelyn YangMay 2, 2023

Finance

Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development

Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days.

By Stephen AlpherMay 2, 2023

Balaji Srinivasan (onscreen) speaking at Consensus 2023 (Shutterstock/CoinDesk)

Markets

Bitcoin, Ether Rise Sharply Immediately Following JOLTS Jobs Data

The two largest cryptocurrencies by market capitalization reacted positively to a reduction in job openings

By Glenn Williams Jr.May 2, 2023

Finance

Bitcoin 'Flash Rally' Briefly Pushed BTC Derivatives Above $56K on Bitfinex

The spike triggered a series of liquidations on the exchange.

By Oliver KnightMay 2, 2023

Markets

First Mover Americas: BRC-20 Tokens Skyrocket

The latest price moves in crypto markets in context for May 2, 2023.

By Lyllah Ledesma, Omkar GodboleMay 2, 2023

Markets

Number of Stablecoins Held on Exchanges Slips to 2-Year Low

While stablecoins' exchange balance has dropped by 44% this year, bitcoin's price has rallied by 70%.

By Omkar GodboleMay 2, 2023

La cantidad de criptomonedas vinculadas al dólar estadounidense depositada en billeteras de exchanges cayó a su nivel más bajo desde mayo de 2021. (Glassnode)

Markets

'Bitcoin Request for Comment' Tokens Surge to $137M in Market Value

The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts.

By Omkar GodboleMay 2, 2023

Markets

Volatile Price Moves on Monday Contrast to Recent Calm Waters

Bitcoin’s price has been relatively stable over the last six weeks.

By Glenn Williams Jr.May 2, 2023

Markets

First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues

PLUS: Western crypto innovators with great ideas are eyeing the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto's model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes.

By James Rubin, Sam ReynoldsMay 1, 2023

Markets

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 on Sunday. Investors await Wednesday’s FOMC interest rate decision.

By Jocelyn YangMay 1, 2023

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