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.

Finance

Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading

The trading and custody service is being provided by blockchain infrastructure company Paxos.

By Andrés EnglerMay 11, 2022

Policy

FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report

A clearer framework for how companies might account for crypto could pave the way greater institutional adoption.

By Stephen AlpherMay 11, 2022

Cryptio levanta fondos para construir una plataforma de contabilidad cripto. (designer491/Getty Images/iStockphoto)

Markets

Inflation Rose to 8.3% in April, With Monthly Core CPI Doubling From March

Bitcoin dropped sharply after the release.

By Helene BraunMay 11, 2022

Markets

First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K

Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; major cryptos have a mixed day.

By Sam Reynolds, Damanick Dantes, James RubinMay 10, 2022

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

Markets

UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg

Luna Foundation Guard buying billions of dollars in bitcoin without an infrastructure ready to deploy left Terra’s UST vulnerable to a “Soros-style attack,” an analyst said.

By Krisztian SandorMay 10, 2022

TerraForm Labs founder and CEO Do Kwon (CoinDesk TV, modified by CoinDesk)

Podcasts

Michael Saylor’s Bitcoin Bet Under Pressure and the Ripple Effects of UST Stablecoin Collapse

By William Foxley, Zack Seward, Jennifer Sanasie, David Z. MorrisMay 10, 2022

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

Markets

Market Wrap: Altcoins Outperform as Bitcoin Stabilizes Around $30K

BTC rose by 4% over the past 24 hours, compared with a 19% rally in MATIC.

By Damanick Dantes, Krisztian SandorMay 10, 2022

Videos

Michael Saylor Suggests MicroStrategy Will Never Sell its Bitcoin

Even as bitcoin's price has fallen 50% from its highs, MicroStrategy CEO Michael Saylor tweeted that there's almost no price low enough at which his business analytics software company would be forced to sell bitcoin. "The Hash" squad discusses Saylor's investment strategy, outlook and the concerns raised about possible margin calls.

May 10, 2022