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: 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

Markets

Bitcoin Rebounds to Over $19K After Plunge Triggered by Hot Inflation Report

BTC was up 0.2% after the price tumbled to $18,198 – the lowest since Sept. 21.

By Jocelyn YangOct 13, 2022

Bitcoin's price chart shows the cryptocurrency's rebound midday on Thursday. (CoinDesk)

Videos

Bitcoin Slumps After US Core CPI Rises to Highest in 4 Decades

Bitcoin (BTC) tumbled nearly 3% in the minutes after the latest U.S. Consumer Price Index (CPI) report showed inflation rose to a 40-year high in September. "The Hash" panel discusses the inflation numbers and what they mean for the crypto markets.

Oct 13, 2022

Markets

Las acciones cripto se desploman y bitcoin cae a US$18.100 tras la publicación de la inflación

Coinbase perdió 11%, mientras que MicroStrategy, Riot Blockchain y Marathon Digital cayeron en torno al 7%.

By Oliver KnightOct 13, 2022

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)

Videos

Core Case for Crypto Is ‘Almost Bullet Proof’: Strategist Says

Bob Iaccino, Path Trading Partners co-founder and chief market strategist, joins "First Mover" to discuss his investment strategies for bitcoin (BTC) and ether (ETH), and why the core case for crypto is "almost bullet proof."

Oct 13, 2022

Markets

La inflación en EE. UU. es más elevada de lo esperado en septiembre y bitcoin registra una caída

El Índice de Precios al Consumo "básico", considerado un indicador más estable de la inflación, subió un 6,6% con respecto al año anterior, un máximo de cuatro décadas.

By Helene BraunOct 13, 2022