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.

Opinion

Why Did Crypto Surge After Bad Inflation News?

Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.

By David Z. MorrisOct 14, 2022

Podcasts

Drafting Legislation: the Group Project Until It’s Not

By Sheila Warren, Michael J. CaseyOct 14, 2022

Money Reimagined Digital Money Stage at Consensus 2022

Tech

Bitcoin Gaming and Payments Company ZEBEDEE Launches New Open Source Bitcoin Initiative

The initiative has already cranked out four Lightning-related projects on GitHub.

By Frederick MunawaOct 14, 2022

André Neves, co-founder of Vinteum and ZEBEDEE, presents at TABConf 2022 in Atlanta, Georgia. (George Kaloudis/CoinDesk)

Markets

First Mover Americas: Bitcoin Rebounds to $19.6K, Ether Up 6%

The latest price moves in crypto markets in context for Oct. 14, 2022.

By Lyllah Ledesma, Omkar GodboleOct 14, 2022

Bitcoin rallied to $19,600 a day after U.S. inflation data was released. (Getty Images)

Markets

Bitcoin Unlikely to See Notable Recovery After Thursday's Short Squeeze: Traders

Treasury yields remain elevated after the U.S. CPI, offering a reality check to risky assets, including cryptocurrencies.

By Omkar GodboleOct 14, 2022

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markets

First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos' Surprising Rebound

Michael Wu says bitcoin offers “a better form” of storing value than any previous type of asset and ether provides great value as a “tech infrastructure investment.”

By Shaurya Malwa, James RubinOct 14, 2022

Finance

Popular Bitcoin Astrologer’s Star Falls on Twitter Following $30K in Celsius Payments

Twitter critics accused Maren Altman, who has more than 1.8 million social media followers, of not being forthcoming about her deal with the now-bankrupt crypto lender. The influencer says her marketing sponsorship role is no different than doing fashion ads.

By Sage D. YoungOct 13, 2022

Crypto influencer Maren Altman (Maren Altman)

Markets

Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down.

By Glenn Williams Jr., Jocelyn YangOct 13, 2022

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

Finance

Jamie Dimon Again Slams Crypto, Calls Blockchain 'Real'

The head of the largest U.S. bank by assets spoke during an IIF event Thursday in Washington, D.C.

By Michael BellusciOct 13, 2022

Videos

Bitcoin Back Above $19K After Plunge Triggered by Rising Inflation

Bitcoin (BTC) bounced back above $19K, regaining some momentum after the hotter-than-expected CPI report triggered a plunge in the token’s price. Digital Asset Research CEO Doug Schwenk discusses the possibility of a Fed pivot and his crypto outlook amid recession concerns.

Oct 13, 2022