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

La caída de bitcoin podría continuar si la fortaleza del dólar se mantiene en los próximos trimestres, según Goldman Sachs

La fortaleza relativa de la economía estadounidense y la postura de la Fed han contribuido a llevar al dólar a un máximo de dos décadas.

By Stephen AlpherOct 21, 2022

Goldman Sachs detectó una continua fortaleza del dólar. (Getty Images)

Finance

Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes

DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.

By Aoyon AshrafOct 21, 2022

Core Scientific facility in North Carolina. (Core Scientific)

Markets

Goldman's Bullish Dollar Forecast Could Spell More Bad News for Bitcoin

The cryptocurrency has fallen as the U.S. dollar index has gone up.

By Stephen AlpherOct 21, 2022

Markets

First Mover Americas: Bitcoin, Ether Flat Ahead of Busy Earnings Week, Dogecoin-Linked Token Soars

The latest price moves in crypto markets in context for Oct. 24, 2022.

By Lyllah Ledesma, Omkar GodboleOct 21, 2022

A shiba inu dog looks upward (Shutterstock)

Markets

First Mover Asia: Solana’s Anatoly Yakovenko Thinks His Phone Is the Tool for a Mobile Web3 Experience

The Solana protocol faces a massive challenge in convincing people to use its phone to do things they can do with existing phones.

By Sam Reynolds, Bradley KeounOct 20, 2022

Markets

Market Wrap: Bitcoin Dull as Drama (Not the Kind You Want) Comes to Axie

Bitcoin trades flat around $19K (with the lowest volatility in two years), while Axie tumbles amid news of token unlocking. PLUS: Analyst Glenn Williams Jr. urges caution when interpreting bitcoin’s MVRV Z-score.

By Bradley Keoun, Glenn Williams Jr., Jocelyn YangOct 20, 2022

Videos

US Stocks More Volatile Than Bitcoin for First Time Since July 2021

Bitcoin trading flat Thursday, with little movement over the last 24 hours. Stocks have become more volatile than bitcoin for the first time since July 2021. Bitcoin's 30-day volatility has dipped below that of the S&P 500. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Oct 20, 2022

Markets

Bitcoin Undervalued by On-Chain Metric, Might Remain That Way: Technical Take

Bitcoin is trading at a historic discount, while battling macro hurdles, CoinDesk Markets analyst Glenn Williams Jr. writes.

By Glenn Williams Jr.Oct 20, 2022

Bitcoin faces macro hurdles. (Josh Boak/Unsplash)

Markets

Bitcoin Flat as Volatility Hits 2-Year Low and Stocks Rise

Bitcoin’s 30-day price volatility dropped to the lowest in almost two years, data shows.

By Jocelyn YangOct 20, 2022

In the final hours before the Merge, BTC and ETH traded flat. (Kenan Reed/Unsplash)

Videos

Bitcoin Struggling at $19K as Global Inflation Continues to Rise

Bitcoin (BTC) is trading at $19,100, continuing to trail its 20-day moving average, a sign of the bear market’s resiliency. Bruno Ramos de Sousa, Hashdex’s head of U.S. and head of new markets, discusses his crypto outlook amid rising inflation.

Oct 20, 2022