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

Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red

The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data.

By James Rubin, Glenn Williams Jr., Jocelyn YangNov 7, 2022

Ether has fallen below a key bull market trendline. (Eva Blue/Unsplash)

Markets

FTX/Alameda Questions Hold the Spotlight as US Midterm Election, Inflation Data Loom

A drop below $22 could mean a more significant ride down for FTT.

By Glenn Williams Jr.Nov 7, 2022

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Videos

Has Bitcoin Bottomed Out?

Tactive Wealth Advisor Eddy Gifford discusses his outlook for bitcoin (BTC) and whether the cryptocurrency has bottomed out amid low volatility. Plus, his take on the impact of the U.S. Federal Reserve's interest rate hikes and the upcoming midterm elections on the crypto markets.

Nov 7, 2022

Videos

Bitcoin Futures Market Volume Down

Bitcoin futures trading volume has dropped sharply in recent weeks, indicating a spot-driven market, according to CoinDesk's Omkar Godbole. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Nov 7, 2022

Videos

Greg King on Bitcoin Volatility: Flat Is the New Up

Bitcoin has remained less volatile than the S&P and Nasdaq over the past three months. "If we can hold here ... that's really positive for 2023," says Osprey Funds founder and CEO Greg King.

Nov 7, 2022

Podcasts

Crypto Update | Bitcoin Is the Song That Does Not End

By Adrian Blust, Adam B. LevineNov 7, 2022

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Videos

Bitcoin Above $20K Amid More Signs of Decoupling From S&P 500

Bitcoin (BTC) is trading at $20,700 after major decoupling of BTC and ether (ETH) movements from S&P 500 over the past six months. Osprey Funds founder and CEO Greg King joins “First Mover” to discuss his bitcoin outlook and the decoupling between crypto and the equity markets.

Nov 7, 2022

Finance