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 Sinks After US CPI Report Shows Inflation Hotter Than Expected

The "core" Consumer Price Index, seen as a more steady indicator of inflation, rose 6.6% from a year prior – a four-decade high.

By Helene BraunOct 13, 2022

Small Shrinking Currency Dollar in Inflation (iStock)

Markets

First Mover Americas: Bitcoin Falls to $18.1K After CPI Data

The latest price moves in crypto markets in context for Oct. 13, 2022.

By Lyllah Ledesma, Omkar GodboleOct 13, 2022

Markets

First Mover Asia: How Many Metaverse Users Are There? The Figures Are Debatable and Discouraging

Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.

By Sam Reynolds, James RubinOct 13, 2022

The lonely landscape of Decentraland. (decentraland.org)

Markets

IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes

The official's comments might be relevant to bitcoin traders because the largest cryptocurrency has proven to correlate with the dollar's strength in foreign-exchange markets.

By Helene Braun, Bradley KeounOct 12, 2022

IMF Managing Director Kristalina Georgieva at the IMF's annual meeting in Washington, D.C. (Helene Braun/CoinDesk)

Markets

Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading

Thursday’s Consumer Price Index is widely expected to show inflation still above 8%.

By Glenn Williams Jr., Jocelyn YangOct 12, 2022

Videos

Bitcoin Appears Due for Price Swing

Bitcoin (BTC) appears due for a price swing in either direction according to the Bollinger bandwidth, which is used to gauge periods of high and low volatility. The technical indicator has fallen to its lowest level since October 2020. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Oct 12, 2022

Markets

US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range

The world’s largest cryptocurrency has been trading in a range between $18,000-$22,400 since the start of September.

By Lyllah LedesmaOct 12, 2022

The latest inflation data, excluding volatile food and energy prices, is due Thursday. (Kinga Krzeminska/Getty Images)

Markets

Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data

BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.

By Jocelyn YangOct 12, 2022

El gráfico de datos de precios muestra que BTC se aferró a US$19.100 el miércoles. (CoinDesk)

Markets

Indicador técnico de bitcoin señala grandes movimientos y algunos traders se preparan para “vender volatilidad”

Las opciones aparentan ser más costosas, afirmó un experto, y agregó que ahora es el momento de vender volatilidad.

By Omkar GodboleOct 12, 2022

Los traders de bitcoin pronto tendrán lo que más les gusta: volatilidad de mercado.

Layer 2

Bitcoin and Beyond: The Future of Cryptocurrency Investing

Experts weigh in on the future of crypto as currency ahead of CoinDesk's I.D.E.A.S. conference.

By Anna BaydakovaOct 12, 2022

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