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 Breaks Above $46K, Resistance at $48K-$51K

Momentum turned positive for the first time since July, although a significant price rally could be delayed.

By Damanick DantesMar 28, 2022

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Videos

Ukraine’s NFT Museum; Bitcoin on the Up

Ukraine’s NFT-based “Meta History Museum of War” chronicling Russian conflict goes live. China’s Greenland Group plans cross-border carbon credit trading. Bitcoin crosses $47,000-mark as crypto blazes Monday’s market. Mt. Gox Co-Founder Mark Karpeles talks learning from mistakes and plans for the future.

Mar 28, 2022

Videos

BTC Breaks $47K as Russia-Ukraine War Continues

Noelle Acheson, Genesis Global Trading head of market insights, discusses the recent upswing in the crypto markets, possibly driven by the Luna Foundation Guard’s heavy BTC purchases in the open market.

Mar 28, 2022

Finance

Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG

The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.

By Aoyon AshrafMar 28, 2022

Bitcoin mining ASICs submerged in immersion cooling liquid at a facility in South Spain. (Eliza Gkritsi)

Finance

First Mover Americas: Ether Hits 2.5-Month High as Google Search Shows Peak Interest in 'Ethereum Merge'

The latest moves in crypto markets in context for March 28, 2022.

By Omkar Godbole, Parikshit MishraMar 28, 2022

Markets

Shiba Inu, Solana Tokens Lead Gains as Bitcoin Hovers Over $47K

Crypto markets followed moves in bitcoin amid reports of multimillion-dollar purchases of the asset by a major blockchain entity.

By Shaurya MalwaMar 28, 2022

Markets

Recession Signals Light Up as Section of US 'Yield Curve' Inverts

The recession hint could have bearish implications for risk assets, including bitcoin.

By Omkar GodboleMar 28, 2022

A section of the yield curve has inverted for the first time since 2006. (Source: Pixabay, PhotoMosh)

Finance

India's Supreme Court Seeks Wallet Info From Suspect in $3.8B GainBitcoin Scam

Ajay Bhardwaj, the brother of Amit Bhardwaj, the primary suspect who is now deceased, has been asked to give his username and password to authorities.

By Amitoj SinghMar 28, 2022

Markets

Bitcoin Could Reach $53K on Triangle Break, Impending Bull Cross, Analysts Say

The cryptocurrency's two-month triangular consolidation ended early Monday with a convincing move to $47,000.

By Omkar GodboleMar 28, 2022

Traders make bullish forecasts after bitcoin's escape from a triangular consolidation . (Source: Pixabay, PhotoMosh)

Markets

Bitcoin Hits Breakeven for First Time This Year, Blows Past $47,201 Before Settling Back

The largest cryptocurrency by market capitalization has risen for six consecutive days and gained over 12% since last Sunday upon a broader asset rally and Luna BTC buys.

By James Rubin, Sam ReynoldsMar 28, 2022