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: Bitcoin Dominates but Altcoins Lurk

Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.

By Sam Reynolds, Damanick Dantes, James RubinMay 24, 2022

Podcasts

Blockchain Without Borders

By Tyrone RossMay 24, 2022

PlannerDAO, the DAO Built for and by Financial Advisers

Podcasts

Coinbase Becomes First Crypto Firm to Enter Fortune 500 List and the Latest from Davos

By William Foxley, Zack Seward, Jennifer Sanasie, Wendy OMay 24, 2022

Markets

Market Wrap: Cryptos Decline Amid Bearish Sentiment

The bitcoin Fear & Greed Index reached its second-lowest record fear level in history. Analysts expect a period of lower returns.

By Damanick Dantes, Krisztian SandorMay 24, 2022

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Podcasts

Oslo Freedom Forum and Why Bitcoin Matters

By Nathaniel WhittemoreMay 24, 2022

Videos

Bitcoin’s Correlation to Leading Crypto Assets Recovers

Noelle Acheson, head of market insights at Genesis Global Trading, discusses her crypto markets analysis and outlook, sharing insights into bitcoin’s correlation to leading crypto assets and traditional markets after Terra’s collapse. Plus, lessons learned from previous bear market cycles.

May 24, 2022

Markets

Guggenheim's Minerd Says Bitcoin Will Drop to $8K. We Checked His Record

A quick recap of some of the noted analyst's key prognostications shows just how mixed his track record has proven.

By Bradley KeounMay 24, 2022

INGLEWOOD, CALIFORNIA: In this image released on May 2, Scott Minerd attends the Global Citizen VAX LIVE: The Concert To Reunite The World at SoFi Stadium in Inglewood, California. Global Citizen VAX LIVE: The Concert To Reunite The World will be broadcast on May 8, 2021. (Photo by Emma McIntyre/Getty Images for Global Citizen VAX LIVE)

Opinion

Bitcoin Is Apolitical, but Won't Be Much Longer

Practically speaking, everything is eaten by the culture war.

By Daniel KuhnMay 24, 2022

United States Capitol Building in Washington D.C (ElevenPhotographs/Unsplash, modified by CoinDesk)

Markets

Bitcoin Range-Bound; Support at $27K, Resistance at $33K

Technical indicators are neutral, and upside appears limited from here.

By Damanick DantesMay 24, 2022

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

Markets

More Downside Ahead for Bitcoin, Says Top Valkyrie Analyst

“It’s a marathon, not a sprint,” Josh Olszewicz, head of research at Valkyrie, said about bitcoin’s price recovery, on CoinDesk TV’s “First Mover” program.

By Fran VelasquezMay 24, 2022