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 and Ether Trade Lower Along With Equity Markets

Bitcoin (BTC) is holding above the support level of $16,000 while ether (ETH) dropped below $1,200 as on-chain researcher Lookonchain warned of selling pressure after a whale moved large amounts of ETH to Binance. Hashdex CEO and co-founder Marcelo Sampaio weighs in on the recent price actions and discusses his outlook on the broader crypto market.

Nov 28, 2022

Policy

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight

Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.

By Sandali HandagamaNov 28, 2022

Monetary Authority of Singapore MAS Building (Shutterstock)

Markets

First Mover Americas: Bahamas on Defense After FTX's Collapse

The latest price moves in crypto markets in context for Nov. 28, 2022.

By Lyllah Ledesma, Omkar GodboleNov 28, 2022

Bahamas' attorney general is on defense after FTX, whose headquarters are in the country, imploded. (Laurie Chamberlain/Getty Images)

Markets

First Mover Asia: Dogecoin Surges 16% to Continue Its Holiday Cheer

The popular meme coin's upswing during U.S. Thanksgiving holiday celebrations, which started Thursday, was an exception in crypto markets as bitcoin and most other major tokens traded sideways.

By James Rubin, Sage D. YoungNov 27, 2022