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.

Videos

Chipotle Now Takes Crypto Payments

Chipotle announces that they will be taking cryptocurrency as payments, in partnership with digital payments platform Flexa. "The Hash" panel discusses what vendors' acceptance of crypto payment means and its impact on the market and regulations.

Jun 2, 2022

Markets

Bitcoin Stabilizes in Tight Trading Range, Resistance at $33K

BTC continues to trade around a midpoint of $30,000 as indicators remain neutral.

By Damanick DantesJun 2, 2022

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

Videos

Gemini Cuts 10% of Staff, Blames Crypto Winter

Crypto exchange Gemini said that it will lay off about 10% of its employees due to “turbulent market conditions that are likely to persist for some time.” Paul Eisma, XBTO Group head of trading, discusses his outlook on the crypto markets as bitcoin (BTC) struggles to hold above $30,000.

Jun 2, 2022

Videos

Singapore’s Crypto Warning; Bitcoin Takes a Tumble

Singapore’s deputy Prime Minister reiterates warning against retail investment in crypto. More crypto crime in South Korea as police arrest man for stealing $700,000 from Naver’s Band users. Bitcoin drops below $30,000 on wider market concerns over inflation and the economic outlook. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Jun 2, 2022

Markets