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.

Policy

India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-Nuggets Case

The agency has been conducting several search operations related to an "illegal loan apps" scam with China links .

By Amitoj SinghSep 28, 2022

Indian regulators freeze bitcoin in gaming app 'scam' case (Unsplash)

Markets

Chinese Investors Could Snap Up Cryptocurrencies as Yuan Slides, Hedge Fund Says

The currency fell to a 14-year low against the U.S. dollar early Wednesday.

By Omkar GodboleSep 28, 2022

Enter key on keyboard shows a shopping trolley and the words "Add to cart"

Markets

Bitcoin Steady Under $20K in Face of Traditional-Market Turmoil; Here's Why

"What we're seeing is more a lack of large sellers rather than a plethora of large buyers," one value investor said, explaining bitcoin's ongoing range play amid renewed traditional market swoon.

By Omkar GodboleSep 28, 2022

Markets

Ethereum Merge Vaults Cryptocurrency Past Bitcoin in Hard-Money Allure

Ether’s drastic reduction in the net inflation rate is attributed to the elimination of mining rewards and the “burning” of transaction fees, experts said.

By Jocelyn YangSep 28, 2022

Besides reducing energy consumption, ether is also proving to be more inflation resistant. (Timon Studler/Unsplash)

Markets

First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach Blockchain

The largest crypto by market capitalization had spiked over $20,000 in morning trading.

By James Rubin, Xinyi LuoSep 28, 2022

Markets

Market Wrap: Bitcoin Takes Investors on a Wild Ride

Prices shoot higher intraday on high volume, only to reverse course later in the day.

By Glenn Williams Jr., Jocelyn YangSep 27, 2022

Bitcoin jumps early before going lower. (Jordan Heinrichs/Unsplash)

Videos

Bitcoin Rises and Falls 7% in 24 Hours

Bitcoin on a rocky rollercoaster ride Tuesday, rising and falling about 7% over the past 24 hours. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Sep 27, 2022

Markets

‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, eToro crypto consultant, said on CoinDesk TV’s “First Mover.”

By Fran VelasquezSep 27, 2022

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” said Glen Goodman, a longtime trader, on CoinDesk TV’s “First Mover.” (CoinDesk TV)

Videos

What a Strong Dollar Means for Crypto Market

Bitcoin (BTC) and other major cryptocurrencies are spiking higher Tuesday after the recent crash of fiat currencies worldwide against the U.S. dollar. eToro Crypto Consultant Glen Goodman discusses the impact of the dollar's strength on the crypto markets.

Sep 27, 2022