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

Market Wrap: Bitcoin Falls Initially on US Jobs Report, Grinds Higher Later

The positive jobs report may lead to additional Federal Reserve monetary tightening.

By Glenn Williams Jr., Jimmy HeAug 5, 2022

Bitcoin has been grinding upward, currently trading near $23,000. (Chester Alvarez/Unsplash)

Opinion

The Price for Crypto’s Recovery: A New Narrative

Crypto recovery, and price gains, depend on use cases this time around

By Michael J. CaseyAug 5, 2022

Markets

First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report

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

By Lyllah Ledesma, Omkar GodboleAug 5, 2022

Bitcoin witnessed some downside after a strong U.S. jobs report for July. (redcharlie/Unsplash)

Finance

Core Scientific Sold More Bitcoin in July Than It Mined

The miner still holds 1,205 bitcoins and expects to continue to sell its mined coins to pay for expenses.

By Aoyon AshrafAug 5, 2022

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Markets

US Adds 528K Jobs in July, More Than Doubling Estimates; Bitcoin Dips

Investors are likely to expect the Federal Reserve to continue aggressively hiking interest rates in response.

By Helene BraunAug 5, 2022

Markets

First Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2B

Bitcoin and ether kept sliding, but barely. Meanwhile, a corporate partnership announcement was enough to send Coinbase shares soaring (and short-sellers running for shelter).

By Shaurya Malwa, Helene Braun, Bradley KeounAug 4, 2022

Are crypto developers are learning from their recent security mistakes? (Steven Thompson/Unsplash, modified by CoinDesk)

Finance

Michael Saylor Lost Big in the Dot-Com Bubble and Bitcoin's Crash. Now He Aims to Rebound Again

After MicroStrategy’s stock collapsed in 2000, the now-former CEO flew under the radar. Crypto changed all that.

By Michael Bellusci, Christine LeeAug 4, 2022

MicroStrategy CEO Michael Saylor at the Bitcoin 2022 Conference in Miami (Marco Bello/Getty Images)

Podcasts

Coinbase Shares Soar Amid BlackRock Partnership News, and Robinhood CEO Shuts Down FTX Merger Chatter

By William Foxley, Zack Seward, Jennifer Sanasie, David Z. MorrisAug 4, 2022

Videos

Rare Signal Hinting at Bitcoin Price Bottom Emerges

The bitcoin mining difficulty ribbon, a rare signal comprising short- and long-duration simple moving averages on mining difficulty, has compressed for the first time in over a year, suggesting bitcoin’s decline may be flattening and now is the best time to add exposure to the cryptocurrency.

Aug 4, 2022