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

DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike

The outperformance of the DeFi coins could be fleeting, given the weak fundamentals.

By Omkar GodboleJul 15, 2022

Prominent DeFi coins take the lead as the crypto market remains resilient to inflation fears. (mibro/Pixabay)

Markets

First Mover Asia: It Won't Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says

The fallout continues from the crypto industry's slump, with fresh filings from Celsius, layoffs at OpenSea and a short squeeze in Voyager's tokens. PLUS: We talked to a Singapore-based lawyer about the Gordian knot that is the Three Arrows bankruptcy case.

By Bradley Keoun, Sam ReynoldsJul 14, 2022

It might be a delicate business untangling the Three Arrows case. (Pixabay)

Markets

Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike

U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.

By Jimmy HeJul 14, 2022

Podcasts

Where Is the ‘Cryptoqueen’ Now? The Story Behind the OG Crypto Scam

By Dan Ilett, Anna Baydakova, Danny Nelson, Benjamin Schiller, Danny BradburyJul 14, 2022

Markets

Crypto Traders Say Inflation Already Priced Into Bitcoin

“It’s the same old devastating and boring accumulation phase,” one observer said.

By Shaurya MalwaJul 14, 2022

Inflation is surging, but bitcoin has been resilient. (AnnaTamila/Getty images)

Videos

Celsius Files for Bankruptcy; Crypto Unfazed by US inflation

Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Jul 14, 2022