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 Tumbles Back Below $30K as Bullish Momentum Wanes

Over $200 million in positions have been liquidated following a second sharp drop for bitcoin in seven days.

By Oliver KnightJun 7, 2022

Mercado bajista —bear market, en inglés— de cripto. (Olen Gandy, Unsplash)

Opinion

Even Giants Started Out Small: Cooperation and the Early Days of Bitcoin

What the new Baylor Bitcoin study really says (and what it really doesn’t) about Satoshi & Co.

By David Z. MorrisJun 7, 2022

ALL TOGETHER NOW: Ants working together to build a bridge to a new leaf. (Hung Meng Tan/Clickclick1/Getty Images)

Opinion

The Decentralized Mystique

New academic research on Bitcoin’s early years undermines its foundational myths of privacy through pseudonymity and decentralization, Jaron Lanier and Glen Weyl write.

By Jaron_Lanier, Glen WeylJun 7, 2022

Like the Biblical story of Moses, Bitcoin’s decentralization is a powerful motivating idea. But is it true? (Paramount Pictures/Wikimedia Commons)

Layer 2

New Research Unearths Insights Into Satoshi and Bitcoin’s Early Days

The paper makes no claims about the Bitcoin network today, more than a decade after the end of the period analyzed. But it underscores well-known and longstanding privacy challenges.

By Marc HochsteinJun 7, 2022

ANCIENT HISTORY? The era of Bitcoin analyzed in a new study long predated the advent of specialized mining machines. (Jacqueline Martinez/Unsplash)

Markets

First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall Below $30K

A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop.

By Sam Reynolds, Damanick Dantes, James RubinJun 7, 2022

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Videos

Macro Factors Driving Bitcoin Above $31K

Bitcoin (BTC) is back above $31,000 on Monday after a record nine-week losing streak. BitFlyer Global Head of Sales & Trading Takaaki Kato discusses the macro factors that may be impacting BTC’s price, plus the state of crypto in Japan and Asia at large.

Jun 6, 2022

Videos

Bitcoin Snaps Record Losing Streak, Climbs Above $31K

Bitcoin finally posts a winning week, snapping a record 9-week losing streak. Friday's U.S. CPI report for May could show inflation slowing. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Jun 6, 2022

Markets

Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves

So far, BTC has avoided significant price drops. But option traders are protecting against the downside.

By Damanick DantesJun 6, 2022

Videos

Bitcoin Back Above $31K, Ethereum Merge Around the Corner

Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.

Jun 6, 2022

Podcasts