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

Bitcoin, Ether Hover Above Support Amid China Optimism, US Futures Bump Up

Crypto markets added 3.2% on Tuesday after nearly a week of declines.

By Shaurya MalwaMay 17, 2022

ALAJUELA, COSTA RICA - JANUARY 15: A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches. (Photo by Dan Kitwood/Getty Images)

Markets

Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System

Recent weakness in bitcoin and equities looks contemporaneous and doesn’t show any lag or lead effect, the bank’s analysts said.

By Will CannyMay 17, 2022

Podcasts

Morgan Stanley Warns NFTs Next to Watch After UST Collapse; Bukele Announces Bank Meeting in El Salvador

By William Foxley, Zack Seward, Jennifer Sanasie, Wendy OMay 16, 2022

Terraform Labs CEO Do Kwon’s History Behind Another Failed Stablecoin

Markets

First Mover Asia: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red

Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?

By Sam Reynolds, Damanick Dantes, James RubinMay 16, 2022

A scene from inside Decentral Games' metaverse casino. (Eli Tan/CoinDesk)

Markets

Market Wrap: Cryptos Mixed as Volatility Fades, Traders Expect Weak Recovery

Bitcoin's average trading volume rose toward its highest level since January, which could point to a brief period of price stabilization.

By Damanick Dantes, Krisztian SandorMay 16, 2022

Finance

Brazilian Stock Exchange B3 to Launch Bitcoin Futures Within Six Months

The firm is building the infrastructure to offer crypto market access to end users, CFO André Milanez said on Monday.

By Rodrigo TolottiMay 16, 2022

Brazilian flag (Mateus Campos Felipe/Unsplash)

Markets

Bitcoin lucha en zona de soporte de $27K- $30K, con resistencia en $35K

La ventaja de BTC parece limitada a pesar del soporte a corto plazo.

By Damanick DantesMay 16, 2022

Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)

Videos

Nayib Bukele Announces 44 Countries to Meet in El Salvador to Discuss Bitcoin

El Salvador president Nayib Bukele said on Twitter 44 countries will meet in the country on Monday to discuss “financial inclusion, digital economy, banking the unbanked, the Bitcoin rollout and its benefits.”

May 16, 2022

Markets

Bitcoin Struggles at $27K-$30K Support Zone; Resistance at $35K

BTC's upside appears limited despite short-term support.

By Damanick DantesMay 16, 2022

Markets

Crypto Funds Saw Year's Highest Inflows as Terra Crisis Crashed Markets

Some $274 million flowed into digital asset funds as investors bought the dip, amid a broad crypto-market sell-off triggered by Terra's turmoil.

By Krisztian SandorMay 16, 2022

Crypto funds saw their highest inflows since late 2021. (CoinShares)

Pageof 991