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

How Will Ethereum's Shift to PoS Affect Bitcoin?

"Ethereum aims to be a global settlement layer, that being everything can settle on Ethereum, even bitcoin included in the far future," says core developer Preston Van Loon. He breaks down how the Merge will potentially impact Bitcoin's proof-of-work consensus mechanism.

Sep 6, 2022

Markets

First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears

The latest price moves in crypto markets in context for Sept. 6, 2022.

By Lyllah Ledesma, Shaurya Malwa, Omkar GodboleSep 6, 2022

ETH was up 7% over the last 24 hours, outperforming BTC. (Chris Gorman/Getty Images)

Markets

First Mover Asia: Ethereum's Merge Starts to Hit Gaming Chip Prices

Prices for graphics processing units for personal computers are tumbling ahead of the Ethereum blockchain's upcoming shift, which is already reducing demand for chips from cryptocurrency miners.

By Sam Reynolds, Bradley KeounSep 5, 2022

GPU prices have taken a toll, and it's hitting Nvidia's bottom line. (FritzchensFritz/Creative Commons, modified by CoinDesk)

Markets

First Mover Americas: Bitcoin Languishes Below $20K as Energy Crisis in Europe Worsens

The latest price moves in crypto markets in context for Sept. 5, 2022.

By Lyllah Ledesma, Omkar GodboleSep 5, 2022

Bitcoin's future direction looks cloudy. (David Lucas via Metropolitan Museum of Art, modified by CoinDesk)

Markets

Parabolic Bitcoin Bull Run Likely After Dormant Coin Supply Peaks, Past Data Suggests

Dormant supply peaks are springboards for upwards price action, one observer said.

By Omkar GodboleSep 5, 2022

Bitcoin: Percentage of supply inactive for at least a year (Glassnode)

Markets

Bitcoin in Accumulation Phase Despite Macro Headwinds, On-Chain Data Indicate

The data suggest the long-term growth outlook for the oldest cryptocurrency remains bullish, analysts said.

By Shaurya MalwaSep 5, 2022

Zipmex is to release tokens to users' wallets in the next week after blocking customers from direct custody of their coins last month. (Jose Miguel/Pixabay)

Markets

First Mover Asia: Bitcoin Holds Tight Below $20K; Blockchain Protocol Cardano Arrives on Robinhood. Who Cares?

Other protocols have far exceeded Cardano for total value locked.

By James Rubin, Sam ReynoldsSep 5, 2022

Finance

It Was Cruel Summer for the Bitcoin Market

Will an uncharacteristically weak summer lead to even more pain for bitcoin’s price in September, a month when it typically drops?

By George KaloudisSep 4, 2022

Videos

Future of Nigeria’s Booming Crypto Scene

Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand Strategist Umeh Chinonye discusses her outlook on the state of crypto in Nigeria.

Sep 2, 2022

Videos

Nigerians Flock to Crypto as the Naira Weakens

Some Nigerians are turning to bitcoin (BTC) to hedge against the naira's drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchain Institute Head of Research Oluwaseun Adepoju discuss the role of crypto as a potential tool for financial freedom. Plus, WomenInDeFi Brand Strategist Umeh Chinonye discusses the impact of Web3 and DeFi in Nigeria.

Sep 2, 2022