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

Market Wrap: Bitcoin Heads for Record Half-Year Loss of 59%

BTC slipped below $19K for the fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer spending slowdown stokes fresh recession concerns.

By Bradley Keoun, Jimmy HeJun 30, 2022

Opinion

Hedge or Cause? Unpacking Bitcoin and Inflation

The digital asset, often called digital gold, soared as governments printed money and crashed as they tightened.

By Daniel KuhnJun 30, 2022

(Sean Robertson/Unsplash, modified by CoinDesk)

Policy

CFTC Charges South African Bitcoin Club Mirror Trading International With $1.7B Fraud

MTI’s self-described CEO was recently detained in Brazil on an Interpol warrant, the regulator said.

By Danny NelsonJun 30, 2022

Markets

Bitcoin cae a $19K tras nuevas advertencias de inflación por parte de la Fed

Los líderes del banco central estadounidense advirtieron el miércoles que la inflación durará más de lo que algunas personas anticiparon.

By Shaurya MalwaJun 30, 2022

Jerome Powell, presidente de la Fed, en una conferencia de prensa en junio, 2022. (Fuente: Reserva Federal)

Markets

First Mover Americas: BTC Down 40% in June; SEC Rejects Grayscale’s BTC ETF Application

The latest moves in crypto markets in context for June 30, 2022.

By Lyllah LedesmaJun 30, 2022

A month to forget in crypto (C.J. Burton/Getty images)

Markets

Facts or Feelings? Bitcoin Allocation Makes Sense Even in Nasty Bear Markets

If you run the numbers, bitcoin still belongs in a financial advisor’s investment toolbox.

By Isaiah DouglassJun 30, 2022

Bitcoin allocation is a good option even in bear markets. (Johnny Johnson/Getty Images)

Policy

Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes

Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultation Thursday.

By Jack SchicklerJun 30, 2022

Basilea, Suiza, sede del Banco de Pagos Internacionales (trabantos/Getty Images)

Markets

Bitcoin Drops to Nearly $19K as Fed Renews Inflation Warnings

Central bank leaders warned Wednesday that inflation is going to last longer than some estimated.

By Shaurya MalwaJun 30, 2022

Markets

First Mover Asia: How Traders Are Shorting Tether Stablecoins; Bitcoin Falls but Holds Above $20K

Hedge funds are increasingly betting against USDT in anticipation of it losing value amid concerns about the coin’s reserve backing and systemic risks; ether drops.

By Shaurya Malwa, James RubinJun 30, 2022