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 Americas: BTC, ETH Drop Amid Geopolitical Tensions

The latest price moves in crypto markets in context for Aug. 2, 2022.

By Lyllah Ledesma, Omkar GodboleAug 2, 2022

With heightened tensions between Beijing and Washington, BTC, ETH and the rest of global markets fell. (James Allen/Unsplash)

Finance

Bitcoin Brokerage River Financial Drops Fees for Recurring Trades

Crypto-exchange Binance also recently announced zero-fee bitcoin trades on its platform.

By Brandy BetzAug 2, 2022

River Financial CEO Alex Leishman at BTC 2022. (Danny Nelson/CoinDesk)

Markets

Bitcoin, Ether Slump as US House Speaker Pelosi's Taiwan Trip Weakens Risk Sentiment

"There will be serious consequences if Pelosi visits Taiwan," China's foreign ministry spokesperson said on Monday. But geopolitical tensions are hard to predict and often trigger knee-jerk reactions in risk assets.

By Omkar GodboleAug 2, 2022

Nancy Pelosi is slated to land in Taiwan later Tuesday, according to local media reports. (Source: harryho34/Pixabay)

Markets

First Mover Asia: Was the Metaverse All Just a Dream?

Bitcoin has fallen for four straight days, but the (small-ish) scope of the price decline offers a reminder of how listless digital-asset markets have suddenly become. Sam Reynolds totes up the losses on metaverse-related tokens.

By Bradley Keoun, Sam ReynoldsAug 1, 2022

The bitcoin market is looking sleepy. (Metropolitan Museum of Art)

Opinion

Why the Crypto Industry Must Now Come to Its Own Defense

Cryptocurrency adversaries have used the decline in prices as an opportunity to ratchet up their criticism of digital assets.

By Adelle Nazarian, Alex AllaireAug 1, 2022

(Nathaniel Villaire/Unsplash, modified by CoinDesk)

Markets

Market Wrap: Bitcoin Starts the Month in Negative Territory

BTC gives back a bit of last week’s gain on reduced volume.

By Glenn Williams Jr., Jimmy HeAug 1, 2022

BTC falls on the first day of August. (Sarah Kilian/Unsplash)

Markets

Ether supera por primera vez a bitcoin en el mercado de opciones

La relación put-call de ether ha caído a un mínimo anual, lo que indica un impulso alcista, dijo Luuk Strijers, de Deribit.

By Omkar GodboleAug 1, 2022

Ether superó a bitcoin por primera vez en el mercado de opciones. (Glassnode)

Markets

July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares

Digital-asset investment products saw inflows of $474 million last month, reversing June’s $481 million of outflows.

By Jimmy HeAug 1, 2022

Crypto funds saw their fifth consecutive week of inflows in the seven days ended July 29. (CoinShares)

Videos

Bitcoin Closed July Above $23K, Best Month Since October

Bitcoin climbed nearly 20% in July and closed above $23,000, recording its best month since October even as fresh U.S. economic data showed the Federal Reserve’s preferred measure of inflation rose to a new 40-year high in June.

Aug 1, 2022