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.

Bitcoin News

First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness

A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

By Sam Reynolds, Damanick Dantes, James RubinMay 17, 2022

Mercado bajista —bear market, en inglés— de cripto. (Olen Gandy, Unsplash)

Musk Sets New Condition for Twitter, Citi Says Terra’s Fallout Unlikely to Hit Wider Financial System

By William Foxley, Zack Seward, Jennifer Sanasie, Wendy OMay 17, 2022

The Hash

Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment

BTC is stabilizing around $30K while stock market volatility begins to fade.

By Damanick Dantes, Krisztian SandorMay 17, 2022

Markets are mixed. (Milly Vueti/Unsplash)

New Data Shows Underground Bitcoin Mining Thriving in China

By Nathaniel WhittemoreMay 17, 2022

New Data Shows Underground Bitcoin Mining Thriving in China

Bitcoin sube a $30K, con una resistencia en $35K

BTC está en camino de registrar una señal de impulso positivo en el gráfico diario.

By Damanick DantesMay 17, 2022

Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Rises to $30K; Resistance at $35K

BTC is on track to register a positive momentum signal on the daily chart.

By Damanick DantesMay 17, 2022

Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

El Salvador's President Promotes Bitcoin Adoption by Emerging Countries

Nayib Bukele is hosting financial representatives from 44 developing economies at the Alliance for Financial Inclusion's annual meeting.

By Andrés EnglerMay 17, 2022

Nayib Bukele asiste a la Asamblea Legislativa por su segundo aniversario en el poder (Foto de Emerson Flores/APHOTOGRAFIA/Getty Images)

First Mover Americas: Bitcoin Retakes $30K as 'Institutional Adoption' Makes Crypto More Like Stocks

The latest moves in crypto markets in context for May 17, 2022.

By Bradley Keoun, Helene Braun, Shaurya Malwa, Parikshit MishraMay 17, 2022

(PM Images/Getty images)

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)

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

Eviart/Shutterstock

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