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 Momentum Weakens; Support at $35K-$37K

BTC's trading range could persist into the following week.

By Damanick DantesApr 29, 2022

El gráfico semanal de bitcoin muestra el soporte/resistencia (Damanick Dantes/CoinDesk, TradingView)

Policy

Swiss National Bank Owns No Bitcoin, but Could Buy in the Future, Chairman Says

While bitcoin today doesn't meet norms for currency reserves, said Thomas Jordan, there's no technical bar to purchases.

By Jack SchicklerApr 29, 2022

Swiss currency (Stefan Wermuth/Bloomberg/Getty Images)

Videos

Another Crypto Firm Leaves Singapore; S Korean Secrets Sold for Crypto

Three Arrows Capital to move base from Singapore to Dubai. Samsung Asset Management to list blockchain ETF in Hong Kong. South Korean crypto executive, soldier indicted for selling military secrets for Bitcoin. Innovation driving blockchain gaming space forward.

Apr 29, 2022

Podcasts

Diversity and Inclusion Shouldn’t Just Be Buzzwords

By Sheila Warren, Michael J. CaseyApr 29, 2022

Money Reimagined Digital Money Stage at Consensus 2022

Finance

First Mover Americas: Bitcoin Down as Market Braces for Fed's 50 Basis Point Rate Hike

The latest moves in crypto markets in context for April 29, 2022.

By Omkar Godbole, Parikshit MishraApr 29, 2022

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Policy

US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal Reports

The Labor Department is scheduled to meet with Fidelity to express concerns.

By Sam ReynoldsApr 29, 2022

US Department of Labor Building (Department of Labor)

Podcasts

The US Economy Shrinks for the 1st Time Since Early in Pandemic

By Adam B. Levine, Jennifer SanasieApr 28, 2022

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

Markets

First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC

The issues that have prompted other countries to explore a central bank digital currency don’t exist to the same extent in Hong Kong; bitcoin continues its mini-upswing.

By Sam Reynolds, Damanick Dantes, James RubinApr 28, 2022

Hong Kong faces a choice about pursuing a CBDC. (Camerique/ClassicStock/Getty Images)

Videos

Hut8 CEO on Bitcoin Mining, ESG Concerns, Spot ETF

Hut8 CEO Jaime Leverton discusses her firm’s competitive edge in the crypto mining industry and addresses the environmental concerns of proof-of-work consensus mechanisms. Plus, what a spot bitcoin ETF could mean for U.S. markets.

Apr 28, 2022

Videos

Genesis CEO on Bank and Investor Sentiment Toward Bitcoin

Genesis CEO Michael Moro shares his bitcoin price analysis, noting a long-term bullish sentiment among investors despite a recent decrease in trading volume. Plus, his take on the Central African Republic’s decision to adopt bitcoin as legal tender and the attitude of major banks toward BTC.

Apr 28, 2022