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

Bitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce

The largest cryptocurrency by market capitalization has been moving sideways in a range between $16,700 and $16,900 in the past 24 hours as traders grappled with an uncertain market outlook for next year.

By Jocelyn YangDec 21, 2022

Price chart shows bitcoin was trading sideways on Wednesday. (CoinDesk)

Videos

Bitwise President on Crypto Outlook in 2023

Bitwise Asset Management President Teddy Fusaro discusses bitcoin's stagnation and his crypto outlook for 2023 as the bear market unfolds into the year's end. And, what's next for crypto equities and levels to watch during the holiday season.

Dec 21, 2022

Tech

Built on Bitcoin in 2022: Top Bitcoin Newsletter Publishes Its Year-End Review

A deliberately measured progression in development with at least three major themes are the conclusions of the Bitcoin Operations Technology Group.

By Frederick MunawaDec 21, 2022

Bitcoin continued to build in 2022. (Greg Pease/Getty Images)

Markets

First Mover Americas: One of the Largest Bitcoin Miners Goes Bankrupt

The latest price moves in crypto markets in context for Dec. 21, 2022.

By Lyllah LedesmaDec 21, 2022

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders

The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.

By Aoyon Ashraf, Eliza GkritsiDec 21, 2022

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report

A source told CNBC that bankruptcy proceedings would not impact operations.

By Sam ReynoldsDec 21, 2022

Markets

First Mover Asia: BitDAO’s $100M Token Buyback Plan Gets Mixed Reviews

Bitcoin is lethargic ahead of the new year.

By Shaurya Malwa, Bradley KeounDec 21, 2022

Markets

Crypto Markets Today: More FTX Fallout as Traders Turn Defensive

Top assets in the crypto market hold steady.

By Jocelyn YangDec 20, 2022

Videos

Bitcoin Correlations Reveal Dollar Still Rules

Bitcoin (BTC)'s reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Dec 20, 2022

Markets

Rotation Within CoinDesk Market Index Sectors Bears Similarities to Tradfi Trend

As investors in crypto and traditional finance alike run for cover, one form of analysis finds that bitcoin and health care stocks fit in the same risk bucket.

By Glenn Williams Jr.Dec 20, 2022