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

Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K

Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped.

By Bradley Keoun, Jimmy He, Krisztian SandorJun 28, 2022

There's lots of finger-pointing going on as the crypto-market slump inflicts pain on the once-exuberant industry. (Creative Commons)

Finance

Investment Firm Cypherpunk Holdings Sells All of Its Bitcoin and Ether

The publicly listed firm has transitioned its treasury to cash amid increased market volatility, but it hasn’t ruled out reinvesting in cryptocurrencies when the market settles down.

By Elizabeth NapolitanoJun 28, 2022

Cypherpunk sold to avoid plunging into a hole. (Unsplash)

Videos

Crypto Venture Capital Firm Stillmark Founder Remains Optimistic During Bear Market

Stillmark founder and Managing Partner Alyse Killeen shares her bitcoin price outlook, explaining her venture capital firm’s strategy during a bear market, noting her optimism around bitcoin Lighting Network’s rapid growth. Plus, lessons learned from the Three Arrows Capital liquidity crisis.

Jun 28, 2022

Podcasts

Alex Gladstein on Why Human Rights Activists Don’t Care About the Price of Bitcoin

By Nathaniel WhittemoreJun 28, 2022

Opinion

SEC’s Gensler Reiterates Bitcoin Alone Is a Commodity. Is He Right?

The government's stamp of approval seems to separate BTC from "crypto," but decentralization is a path.

By Daniel KuhnJun 28, 2022

U.S. Securities and Exchange Commission Chair Gary Gensler (Evelyn Hockstein-Pool/Getty Images)

Markets

First Mover Americas: Crypto Winter Brings More Layoffs as BofA Sees Deep Freeze Avoided

The latest moves in crypto markets in context for June 28, 2022.

By Lyllah LedesmaJun 28, 2022

Bitcoin drifted lower in Tuesday trading. (Pierre-Yves Babelon/Getty Images)

Markets

First Mover Asia: Chip Maker Nvidia Isn’t an Ether Proxy, Bitcoin Holds Near $21K

Crypto mining aided Nvidia's bottom line, but it hasn't been a major cause of the stock's steep decline. Ether falls but hovers at around $1,200.

By Sam Reynolds, James RubinJun 28, 2022

An Asus graphics card. (Joseph Greve/Unsplash)

Markets

Market Wrap: Recession Fears Halt Crypto Bounce

Analysts see few positive signs to sustain a crypto rally.

By Krisztian Sandor, Jimmy HeJun 27, 2022

Bitcoin is "balancing" at about $21,000. (Unsplash)

Videos

Skybridge Capital Exec on Spot Bitcoin ETF Filing, Bitcoin Outlook

Anthony Scaramucci’s Skybridge Capital is reportedly filing for a spot bitcoin ETF with the SEC after being rejected earlier this year. This comes as Grayscale awaits an SEC decision on converting its GBTC to an ETF. SkyBridge Capital Partner John Darsie shares his insights and his crypto markets outlook.

Jun 27, 2022

Markets