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

First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises

Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment.

By Sam Reynolds, Damanick Dantes, James RubinMar 21, 2022

Videos

Wasabi Wallet Contributor on Blacklisting Certain BTC Addresses

Max Hillebrand explains why Wasabi Wallet’s CoinJoin coordinator is blacklisting certain bitcoin transactions, highlighting ambitions to exclude known criminals from the network.

Mar 21, 2022

Videos

Is BTC Acting Like a Risk Asset Amid Soaring Inflation?

Wave Financial’s Justin Chuh joins “All About Bitcoin” to discuss how bitcoin spot trading has been impacted by macro factors like rising inflation rates and the Russia-Ukraine crisis. Plus, insights into bitcoin possibly showing a correlation with risk assets and how quantitative tightening could ease inflation.

Mar 21, 2022

Markets

Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold

Some traders expect greater price swings after month-end volatility selling.

By Damanick Dantes, Angelique ChenMar 21, 2022

Videos

Goldman Sachs Launches First OTC Crypto Trade

Wall Street investment bank Goldman Sachs has conducted its first over-the-counter (OTC) crypto-related trade, a cash-settled bitcoin (BTC) non-deliverable option, with digital asset financial company Galaxy Digital. Watch “The Hash” group discuss the significance of this trade in the broader context of institutional crypto and Galaxy's potential as a liaison between traditional institutions and DeFi products.

Mar 21, 2022

Markets

Crypto Funds Suffer Second Straight Week of Outflows

Investors continue to be daunted by the uncertain market and economic environment.

By Bradley KeounMar 21, 2022

Chart shows two straight weeks of outflows from crypto funds after netting inflows for seven straight weeks. (CoinShares)

Markets

Bitcoin Lower for Second Day as Price Slides Toward $40K

Crypto analysts are divided on lingering market impact of the Fed's rate hike.

By Angelique ChenMar 21, 2022

Bitcoin (BTC) was changing hands at $41,088 as of press time, down 0.35% over the past 24 hours. (CoinDesk)

Markets

Bitcoin Fades From Resistance; Support at $37K-$40K

Pullbacks could be limited over the short term.

By Damanick DantesMar 21, 2022

Bitcoin four-hour price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Policy

SEC Delays Spot Bitcoin ETF Offerings From WisdomTree and One River

The move continues a pattern by the U.S. securities regulator to deny or not take action on all spot bitcoin ETF applications.

By Michael BellusciMar 21, 2022

The headquarters building of the U.S. Securities and Exchange Commission (SEC) stands in Washington, D.C., U.S., on Monday, May 10, 2010. The chief executive officers of the biggest U.S. stock markets were called to a meeting at the SEC today to discuss last week�s selloff in equities, according to four people familiar with the situation. Photographer: Joshua Roberts/Bloomberg via Getty Images

Videos

Bitcoin's Short-Term Resistance Discovered at $45K

Fairlead Strategies’ Katie Stockton shares a bitcoin weekly chart, suggesting that bitcoin's short-term momentum is positive and intermediate-term momentum has neutralized. Stockton points out bitcoin's resistance has been discovered near $45,000 with a minor breakout targeted around $51,000. Plus, a conversation about crypto trading volumes and ETH’s future value.

Mar 21, 2022