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

More Than 50% of Bitcoin Addresses Are Now in Loss

Previous bear markets ended with the majority of addresses being out of the money, on-chain data shows.

By Omkar GodboleNov 21, 2022

La mayoría de las direcciones que poseen bitcoin ahora están perdiendo dinero por su inversión en la principal criptomoneda. (IntoTheBlock)

Markets

First Mover Asia: Cryptos Dive Deep Into the Red

ALSO: Sam Reynolds writes that the crypto industry might be better off in the long run if some major initiatives wind down.

By James Rubin, Sam ReynoldsNov 21, 2022

Opinion

Understanding the FTX Fallout From the Eyes of a Bitcoiner

The financialization, tokenization and the chase of short-term profits seen across Sam Bankman-Fried's trading empire is peak Wall Street.

By Steven LubkaNov 19, 2022

Markets

Market Wrap: Investors Continue to Learn More About FTX's Mismanagement

Bitcoin and ether held steady at their most recent support levels.

By James Rubin, Jocelyn YangNov 18, 2022

A careful perusal of 2021 auditing reports would have revealed deep problems at FTX and Alameda Research. (Ian Waldie/Unsplash)

Markets

Crypto Market Analysis: Roller-Coaster Week Ends With Bitcoin Volatility Falling

ALSO: This week’s Fed commentary provided something for doves, hawks and those in between. BTC and USD move in tandem.

By Glenn Williams Jr.Nov 18, 2022

BTC reverses course after an early decline. (Michele Tantussi/Getty Images)

Videos

Bitcoin Trading Sideways Around $16K Amid FTX Gloom

CoinDesk Markets Managing Editor Brad Keoun and Tech Managing Editor Christie Harkin review the impact of crypto exchange FTX's implosion on bitcoin as the cryptocurrency continues to trade sideways around $16,000. Plus, what it reveals about the need for self custody and the state of the crypto industry.

Nov 18, 2022

Videos

Bitcoin Outlook Amid Record Outflows in Wake of FTX Collapse

CoinDesk's Brad Keoun and Christie Harkin discuss their outlook for bitcoin (BTC) outflows from centralized exchanges and the wider crypto markets amid the continued FTX contagion.

Nov 18, 2022

Videos

Crypto’s Swooning: Total Market Cap Falling to Early 2021 Levels

On the heels of the collapse of crypto exchange FTX, crypto’s overall market cap has sunk to as low as $763 billion from a peak of $2.5 trillion in May 2021. Bitcoin’s market cap has plunged to $319 billion from above $1 trillion last November. The current market cap for the industry hasn’t been this low since early last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Nov 18, 2022

Markets

‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads

The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit this week.

By Lyllah LedesmaNov 18, 2022