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

Bitcoin Funds Had Surprise Inflows as Markets Plunged

Some $45 million flowed into these funds in the week through May 6. Investors apparently bought the market dip.

By Krisztian SandorMay 9, 2022

Digital-asset funds had $40 million in net inflows in the seven days through May 9. (CoinShares)

Videos

‘It’s a Confidence Game’: Swan Bitcoin CEO on Stablecoin UST Briefly Losing its Peg

Luna Foundation Guard (LFG) will lend $1.5 billion in BTC and UST to defend the peg of its algorithmic stablecoin to the U.S. dollar. This comes after UST briefly lost its peg to the dollar over the weekend.

May 9, 2022

Finance

First Mover Americas: Institutions Look to Be Selling BTC in Falling Market

The latest moves in crypto markets in context for May 9, 2022.

By Omkar Godbole, Parikshit MishraMay 9, 2022

Markets

Bitcoin Tumbles to Lowest Price Since July 2021 as Market Panic Grows

Cryptos slumped across the board all weekend and added to declines Monday morning as global equity markets swooned.

By Shaurya MalwaMay 9, 2022

Markets

First Mover Asia: BitMEX Saga Leaves Lingering Regulatory Questions, Bitcoin Falls

Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of crypto; cryptos had a rough weekend.

By Sam Reynolds, Damanick Dantes, James RubinMay 8, 2022

BitMEX founder and former CEO Arthur Hayes pleaded guilty to an identical charge as the exchange, a few years earlier. (CoinDesk archives)

Markets

Bitcoin Slides to 3-Month Low to Below $34K

Digital-asset analysts warned late last week that price-chart trends had turned bearish for the largest cryptocurrency.

By Bradley KeounMay 8, 2022

Bitcoin price falls to three-month low. (TradingView/CoinDesk)

Videos

BTC Trades Below $36K, RSI and MACD Reflect Bearish Sentiment

As bitcoin’s daily chart leans bearish, popular indicators including the relative strength index (RSI) and the moving average convergence divergence (MACD) histogram reflect a negative sentiment in BTC’s price action. Plus, insights on the April jobs report and crypto-tracked futures liquidations as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

May 7, 2022

Podcasts

How a Typo Cost $36M in JUNO Tokens, US Adds More North Korea-Linked Wallets Addresses to Sanction List

By Tyrone Ross, William Foxley, David Z. MorrisMay 6, 2022

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

Videos

Could Smart Contracts Come to Bitcoin?

CoinDesk Managing Editor for Markets Brad Keoun shares his bitcoin price outlook, discussing the prospects of a 75 basis-point interest rate hike amid the release of the April jobs report. Plus, Managing Editor for Tech Christie Harkin explains the possibility of smart contracts on the bitcoin network with the BIP119 proposal.

May 6, 2022

Markets