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

First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K

The Singapore firm’s liquidators must safeguard the company’s assets, which means converting them to tether; ether and other major altcoins rise for a fourth consecutive day.

By Sam Reynolds, James RubinJul 7, 2022

The value of Three Arrows Capital's Starry Night NFT collection has plummeted. (Getty Images)

Tech

Bitcoin Core Developer Pieter Wuille Scales Back His Maintenance Role

Peter Wuille has surrendered his maintenance permissions but will continue contributing to various Bitcoin projects.

By Frederick MunawaJul 7, 2022

Bitcoin Core Developer Pieter Wuille (Everpedia.org)

Videos

Bruce Fenton on Running for New Hampshire Senate Seat

Bitcoiner and Chainstone Labs CEO Bruce Fenton discusses running for the Republican nomination for New Hampshire’s seat in the U.S. Senate and the role of crypto in his campaign. Plus, outlook for CBDCs.

Jul 7, 2022

Videos

Bitcoin Rebounds Past $21K

As bitcoin gains ground above $21,000, QCP Capital co-founder & Chief Investment Officer Darius Sit discusses the potential factors driving BTC’s price higher, citing “reduced fear in the market.” Plus, Three Arrows Capital’s (3AC) contagion effect.

Jul 7, 2022

Markets

Market Wrap: Bitcoin Climbs Above $21K for First Time in a Week

BTC’s gains tracked equity markets, which also rose in Thursday trading; most ether stakers are “underwater,” a Glassnode report says.

By Jimmy HeJul 7, 2022

Ether stakers are “underwater,” according to a Glassnode report. (Unsplash)

Videos

Nic Carter and the True Meaning of Bitcoin Maximalism

Crypto analyst and venture investor Nic Carter clashed with bitcoin maximalists after he announced an equity investment in multi-chain start up “Dynamic.” “The Hash” squad discusses the ongoing fight and whether it could signal the end of bitcoin maximalism as an ideology.

Jul 7, 2022

Markets

First Mover Americas: ETH Climbs 4% as Traders Are Optimistic About Upcoming Merge

The latest moves in crypto markets in context for July 7, 2022.

By Lyllah LedesmaJul 7, 2022

The Merge might be helping push ETH's price higher. (Mint Images/Getty images)

Videos

BitFlyer Exec on Crypto Adoption, Regulatory Environment in Japan

BitFlyer Global Head of Sales & Trading Takaaki Kato discusses his outlook for bitcoin and the state of crypto in Japan, sharing insights into the country’s market sentiment, retail buying activity, regulation and new inflationary environment.

Jul 7, 2022

Markets