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.

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Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern

Bitcoin has gained 36% in two months, offering relief to the battered bulls. However, according to Crypto Twitter, the recovery has suddenly drawn the shape of a “rising wedge,” or a bearish pattern, on price charts and could be short-lived. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Ago 16, 2022

Pananalapi

Brazil's Largest Investment Bank, BTG Pactual, Launches Crypto Trading Platform

Called Mynt, the product allows customers to trade BTC, ETH, SOL, DOT and ADA.

Ni Paulo AlvesAgo 16, 2022

Oficinas de BTG Pactual. (Archivo de CoinDesk)

Merkado

Crypto Twitter Sees 'Bearish Wedge' Pattern in Bitcoin's Price Recovery

The rising wedge – a pattern that has appeared in bitcoin's price charts – has some analysts and traders calling for a renewed sell-off toward $16,400.

Ni Omkar GodboleAgo 16, 2022

Crypto Twitter is worried bitcoin's recent recovery may be fleeting. (jonas-svidras/Pixabay)

Merkado

First Mover Americas: BTC Dips Below $24K as Ether Holds Strength

The latest price moves in crypto markets in context for Aug. 16, 2022.

Ni Lyllah Ledesma, Omkar GodboleAgo 16, 2022

ETH is up, trading at around $1,900. (Vicky Sim/Unsplash)

Merkado

First Mover Asia: Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions

The Singapore-based crypto savings platform angered users with its decision, but the law may be on the company's side if a complaint ever makes it to court.

Ni Sam Reynolds, James RubinAgo 16, 2022

Merkado

Market Wrap: BTC Not Quite Ready to Stay Above $25K

Bitcoin cracked the psychologically important threshold overnight, but retraced in U.S. trading hours.

Ni Glenn Williams Jr., Jimmy HeAgo 15, 2022

Cracked glass pane (Ivan Vranić/Unsplash)

Mga Podcast

Galaxy Digital Abandons $1.2B Plan to Acquire BitGo; and Another Stablecoin Tumbles After Hackers Exploit Bug

Ni Zack Seward, Jennifer Sanasie, Wendy OAgo 15, 2022

Pananalapi

Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading

The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users by the end of 2022.

Ni Rodrigo TolottiAgo 15, 2022

Bandera de Brasil. (Mateus Campos Felipe/Unsplash)

Merkado

Crypto Funds See Minor Outflows, Ending Six-Week Inflows Streak: CoinShares

Outflows totaled $17 million in the seven days ended on Aug. 12.

Ni Jimmy HeAgo 15, 2022

Los fondos de inversión cirpto vieron egresos de flujos de capital por primera vez en siete semanas. (CoinShares)

Merkado

First Mover Americas: Bitcoin Hits $25K But Fails to Hold, Galaxy Digital Scraps Plan to Buy BitGo

The latest price moves in crypto markets in context for Aug. 15, 2022.

Ni Lyllah Ledesma, Michael BellusciAgo 15, 2022

BTC couldn't hold $25,000. (Jordane Mathieu/Unsplash)

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Latest Crypto News

Kahapon

8:44 PM

Positibo

SEC approves Nasdaq's move to support tokenized securities trading

The SEC’s approval lets Nasdaq test blockchain-based versions of stocks that trade and settle like traditional shares.

8:31 PM

Negatibo

Fairshake's $10 million Illinois misfire marks first big hitch in crypto political surge

The crypto sector's leading political action committee devoted more than 5% of its war chest trying to defeat a Senate candidate who just won her primary.

8:19 PM

Negatibo

BTC0.00%

+1 Pag-aari

Bitcoin sinks below $71,000, stocks close at session lows, as 2026 Fed rate cut hopes fade further

Fed chair Jerome Powell said rising energy prices are feeding into the inflation outlook, but "nobody knows" yet how lasting the impact will be.

7:56 PM

Positibo

Polymarket acquires Brahma to scale blockchain trading infrastructure

"Building reliable infrastructure across blockchain networks and traditional financial rails is hard — there are no shortcuts,” said Polymarket CEO Shayne Coplan.

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