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 Remains Tight at $19K Level With Low Volatility

Bitcoin (BTC) continues in a tight trading range with traders expecting prices to remain unchanged for another week. Anthony Rousseau, senior director of product strategy at TradeStation Crypto, discusses the low bitcoin activity and his crypto outlook ahead of another Federal Reserve rate decision next week.

Oct 25, 2022

Policy

Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says

Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet.

By Nelson WangOct 25, 2022

Guochun He, left, and Zheng Wang are accused of attempting to obstruct a U.S. investigation. (Justice Department)

Finance

Bloomberg's Matt Levine Writes 40,000-Word Article on Crypto

It's the only article this week in Businessweek, just the second time the magazine has been filled by a single piece.

By Nick BakerOct 25, 2022

Bloomberg columnist Matt Levine (LinkedIn)

Finance

Bitcoin Technology Startup Synota Raises $3M in Seed Round

The new capital will be used toward the commercialization of Synota’s software, including plans for a bitcoin mining-related service.

By Brandy BetzOct 25, 2022

Synota team at an active bitcoin mining site. (Synota)

Opinion

Why Bitcoin Has Been Highly Correlated With Fiat

And whether that means it has failed as an inflation hedge for traders.

By Steven LubkaOct 25, 2022

Markets

First Mover Americas: Bitcoin, Ether Remain in Tight Price Range

The latest price moves in crypto markets in context for Oct. 25, 2022.

By Lyllah Ledesma, Omkar GodboleOct 25, 2022

Markets

Polygon's MATIC Closes In on $1 Level After Recent Breakout: Chart Analysts

The token has cleared daily cloud resistance and its 200-day moving average in a short-term bullish development, one observer said.

By Omkar GodboleOct 25, 2022

Chart analysts have a forward outlook that MATIC could soon be worth $1. (Hans/Pixabay)

Markets

First Mover Asia: Is Binance Becoming Too Dominant?

Binance pushes through around 53% of all crypto trades on spot and derivatives markets by trade count, and around 30% of the market’s value; Bitcoin remained comfortably above $19,000 in Monday trading.

By James RubinOct 25, 2022

Markets

Market Wrap: Bitcoin Holds Its Perch Over $19K and Is Likely to Continue Trading in Its Current Narrow Range

Investors are mulling over macroeconomic uncertainties; veteran trader Peter Brandt says crypto investors are “just tired.”

By James Rubin, Glenn Williams Jr., Jocelyn YangOct 24, 2022

BTC holds its perch at about $19,300, flat over the past 24 hours. (Unsplash)

Markets

Bitcoin Likely to Hold in a Tight Range

One measurement of bitcoin’s volatility has declined 76% this year. Veteran trader Peter Brandt told CoinDesk TV that bitcoin investors are “just tired.”

By Glenn Williams Jr.Oct 24, 2022