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

LGT, World’s Largest Family-Owned Private Bank, to Offer Crypto

LGT Bank, the financial institution owned by the princely House of Liechtenstein, is working with Switzerland’s SEBA Bank on the service.

By Ian AllisonMay 4, 2022

Vaduz Castle, home of the prince of Liechtenstein (Leonhard Niederwimmer/Pixabay)

Markets

First Mover Asia: Bitcoin Minnows Are Resilient as Long-Term Whales Capitulate to Pressure

How long these smaller-scale investors remain committed to their crypto assets will be an interesting trend to observe; bitcoin and ether drop.

By Sam Reynolds, Damanick Dantes, James RubinMay 3, 2022

Silver Freshwater Minnows (*adrisbow* (Adriana Lopetrone)/Getty Images)

Podcasts

Wall St. Trading Firm Jane Street Dives Into DeFi, SEC to Ramp Up Anti-Crypto Scam Efforts

By William Foxley, Zack Seward, Jennifer SanasieMay 3, 2022

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

Markets

Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility

BTC is roughly flat over the past week, although some option traders have hedged against further price declines.

By Damanick Dantes, Angelique ChenMay 3, 2022

Finance

MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1

The software firm owns 129,218 bitcoins valued at just under $5 billion.

By Nelson WangMay 3, 2022

MicroStrategy CEO Michael Saylor (MicroStrategy via Flickr)

Videos

BTC Could Drop to $33K, Investors Looking at ETH

MarketGauge Group Managing Director Michele Schneider shares her bitcoin price outlook, suggesting that in the short term the “digital gold” could go as low as $33,000. Plus, why ETH could outperform BTC, expected announcements from the Federal Reserve and activity in the commodities markets.

May 3, 2022

Videos

Bitcoin Skew Shows Put Bias Intact

Stronger demand for puts or bearish bets are indicated as bitcoin’s put-call skews, or implied volatility of calls minus puts, continues to hover just above zero. Plus, a look into BTC’s relative strength index as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

May 3, 2022

Videos

Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns

Touzi Capital Founder & CEO Eng Taing discusses retail bitcoin mining, sharing insights into his company’s work with Compass Mining. Taing explains the energy efficiency of new mining technology, his investment strategy in decentralized finance (DeFi) and the crypto mining landscape in other countries like Venezuela. Plus, a conversation on the environmental concerns of proof-of-work mining.

May 3, 2022

Markets