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

Greg King on Bitcoin Volatility: Flat Is the New Up

Bitcoin has remained less volatile than the S&P and Nasdaq over the past three months. "If we can hold here ... that's really positive for 2023," says Osprey Funds founder and CEO Greg King.

Nov 7, 2022, 11:35 a.m. ET

Podcasts

Crypto Update | Bitcoin Is the Song That Does Not End

By Adrian Blust, Adam B. LevineNov 7, 2022, 11:21 a.m. ET

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Videos

Bitcoin Above $20K Amid More Signs of Decoupling From S&P 500

Bitcoin (BTC) is trading at $20,700 after major decoupling of BTC and ether (ETH) movements from S&P 500 over the past six months. Osprey Funds founder and CEO Greg King joins “First Mover” to discuss his bitcoin outlook and the decoupling between crypto and the equity markets.

Nov 7, 2022, 11:20 a.m. ET

Finance

US Seizes 50K Bitcoins Related to Silk Road Marketplace

The bitcoin, which was obtained in 2012 and which was valued at $3.36 billion when it was discovered in November, is now worth $1.04 billion.

By Oliver KnightNov 7, 2022, 9:43 a.m. ET

Markets

First Mover Americas: Binance Dumps FTT Tokens

The latest price moves in crypto markets in context for Nov. 7, 2022.

By Omkar Godbole, Jamie CrawleyNov 7, 2022, 8:40 a.m. ET

Binance CEO Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Finance

Bitcoin Miner Hive Blockchain Holds $68M of BTC, Has No Debt Costs on Equipment

Hive Blockchain is bucking the bearish mining industry trend, holding $68 million on BTC while producing 307 bitcoin in October.

By Oliver KnightNov 7, 2022, 3:35 a.m. ET

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Markets

First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

By James Rubin, Sam Reynolds, Bradley KeounNov 6, 2022, 7:47 p.m. ET