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 Holds Steady Over $16K Amid Widening FTX Fallout

Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection.

By Jocelyn YangNov 17, 2022

Finance

La salida de bitcoins de exchanges cripto asciende a 220K en los últimos diez días

Los retiros comenzaron a principios de noviembre cuando surgieron las sospechas sobre la solvencia de FTX.

By Stephen AlpherNov 17, 2022

Finance

Bitcoin Exit From Crypto Exchanges Rises to 220K Over Past 10 Days

The withdrawals began earlier in November as suspicions rose about FTX's solvency.

By Stephen AlpherNov 17, 2022

Markets

First Mover Americas: Binance.US Makes Another Run at Voyager Digital

The latest price moves in crypto markets in context for Nov. 17, 2022.

By Lyllah Ledesma, Krisztian Sandor, Omkar GodboleNov 17, 2022

Changpeng Zhao's Binance.US had made a bid to acquire bankrupt crypto lender Voyager Digital. (Antonio Masiello/Getty Images)

Markets

Nayib Bukele, presidente de El Salvador, y Justin Sun de Tron comprarán un bitcoin por día

Bukele y Sun se comprometen a comprar un BTC todos los días a partir del jueves en medio de los temores de que el reciente colapso del exchange de criptomonedas FTX prolongara el actual invierno cripto.

By Omkar GodboleNov 17, 2022

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

Markets

El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day

Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing crypto winter.

By Omkar GodboleNov 17, 2022

Markets

First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle

ALSO: Shaurya Malwa considers the widening fallout from FTX, now including Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?

By James RubinNov 17, 2022

Markets

Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies

Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle.

By James Rubin, Glenn Williams Jr., Jocelyn YangNov 16, 2022

Videos

Bitcoin Outlook in Wake of FTX Implosion

Quantum Economics Bitcoin Analyst Jason Deane discusses his analysis and outlook for bitcoin (BTC) as the cryptocurrency slips on the news of Genesis' crypto-lending unit halting customer withdrawals. Plus, insights into the bitcoin mining industry. Genesis and CoinDesk both operate under Digital Currency Group.

Nov 16, 2022

Videos

Bitcoin's Next Support Levels Closer to $12K Range

It's now been more than a week since the price of bitcoin hit a two-year low at around $15,600, and price charts suggest a drop down to $13,000 is still possible. Separately, gold-backed cryptocurrencies like PAXG and XAUT have performed positively in the past seven days, decoupling from the broader market swoon. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Nov 16, 2022