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

Michael Saylor, Jack Dorsey Among Bitcoin Heavyweights Defending Mining in Letter to EPA

Bitcoin mining sites are no different than data centers operated by mega-cap tech firms such as Amazon, Apple, Google, Meta and Microsoft, the authors wrote.

By Aoyon AshrafMay 2, 2022

A bitcoin mining facility. (Christinne Muschi/Bloomberg via Getty Images)

Finance

NYDIG’s $59K Bitcoin Bounties Program Begins Paying Developers Who Improve the Network

The program, which launched two weeks ago, has paid out $1,800 so far, according to sources.

By Cam ThompsonMay 2, 2022

NYDIG has earmarked $59,000 to be paid out for its bounties program. (Marissa Anderson/Flickr)

Videos

Why Warren Buffet is Wrong About Bitcoin

Osprey Funds Founder and CEO Greg King shares his crypto markets analysis, plus his reaction to the recent remarks from Warren Buffett and Charlie Munger as Buffett claims that he would not buy all the bitcoins in the world for $25 dollars.

May 2, 2022

Videos

Why Warren Buffet is Wrong About Bitcoin

May 2, 2022

Policy

Top EU Official Calls for Global Crypto Agreement

Europe and the U.S. should work together to limit "significant risks" to investors and the environment, Mairead McGuinness said.

By Jack SchicklerMay 2, 2022

EU financial-services commissioner Mairead McGuinness (Alexandros Michailidis/SOOC/Bloomberg/Getty Images)

Finance

First Mover Americas: Bitcoin Loses Key Support During Ugly Weekend for Crypto Markets

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

By Omkar Godbole, Parikshit MishraMay 2, 2022

Berkshire Hathaway holds annual general meeting. (Daniel Acker/Getty images)

Markets

Bitcoin Immune to 'Sell in May' Adage if History Is Guide

Historically, May has been the fourth-best month for bitcoin.

By Omkar GodboleMay 2, 2022

Bitcoin has printed gains in May in seven out of the past 11 years. (TradingView, CoinDesk)

Markets

First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money

Three Arrows Capital's decision last week to move its headquarters to Dubai reflects growing concerns about the city-state's increasing regulatory scrutiny of crypto; bitcoin returns to where it started the weekend.

By Sam Reynolds, Damanick Dantes, James RubinMay 1, 2022