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

US CPI Preview: Inflation Likely to Climb to New 40-Year High

A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.

By Omkar GodboleJul 13, 2022

Inflation in the U.S. probably rose to another four-decade high in June. (Mediamodifier/Pixabay)

Markets

Long-Term Bitcoin Investors Stick It Out as Speculator Selling Drives Prices Lower: Coinbase

"Holders are less likely to sell BTC during turbulent periods," the crypto exchange said.

By Omkar GodboleJul 13, 2022

Holders de bitcoin retienen sus tenencias en tiempos turbulentos. (Source: Pexels at Pixabay)

Markets

First Mover Asia: There's No Universally Accepted Way to Value Three Arrows' NFTs

CoinDesk's Sam Reynolds examines alternate methodologies for valuing the beleaguered crypto hedge fund's NFT collection. Bitcoin slides for a straight fifth day, and doubts are forming over whether the market has hit a bottom.

By Bradley Keoun, Sam ReynoldsJul 13, 2022

Starry Night is the name of Three Arrows Capital's NFT collection. (Unsplash)

Markets

Market Wrap: Bitcoin Slumps Below $20K as Long-Term Holders Face Massive Selling Pressure

Also, some analysts believe bitcoin’s recent dips show the price level is not as critical anymore.

By Jimmy HeJul 12, 2022

Markets

Jobs Growth Is the Savior of Inflation-Wracked US Economy

Economists say robust employment complicates the recession outlook.

By Helene BraunJul 12, 2022

Despite the GDP declines, the labor market is booming. (Bettmann Archive/Getty Images)

Videos

How Mt Gox's Expected Bitcoin Release Could Impact Crypto Market

Roughly $3 billion worth of bitcoin (BTC) may soon be released into the crypto market, as Mt Gox is expected to distribute funds to creditors. "The Hash" panel discusses the potential outcomes.

Jul 12, 2022

Videos

Bitcoin Drops Below $20K as Inflation Data Looms

Bitcoin (BTC) is dipping below the $20,000 mark as a sell-off in traditional markets saw equity indexes decline. Toroso Investments Chief Investment Officer Michael Venuto discusses his outlook on the crypto markets ahead of CPI data Wednesday and the future of crypto regulation.

Jul 12, 2022