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: Crypto Concerns Weigh on Taiwan PC Component Makers' Stocks; Bitcoin Springs to 3-Month High

Share prices of Asus, Gigabyte and MSI have fallen amid a massive drop in pricing for graphics cards as Ethereum's transition to a proof-of-stake protocol nears; ether and other cryptos gain.

By Sam Reynolds, Damanick Dantes, James RubinMar 27, 2022

Layer 2

Is Miner Concentration Once Again Jeopardizing Bitcoin? Not Exactly

The high percentage of hashrate now located in North America may look like China 2.0, but the reality is more complicated.

By Aoyon AshrafMar 26, 2022

The bitcoin mining industry is concentrating in the U.S. (Melody Wang/CoinDesk)

Videos

BTC Balance on Exchanges Drops to Lowest Level Since 2018

Host Christine Lee presents Glassnode data illustrating that the number of coins held on centralized cryptocurrency exchanges has dropped to its lowest level since September 2018.

Mar 25, 2022

Videos

Catalysts for Bitcoin's Recent Price Rally

The "Week in Review" panel analyzes possible drivers for bitcoin's recent price rallies. Sovereign nations and institutional investors like Goldman Sachs and Bridgewater Associates have shown increased interest in digital assets. Plus, highlights from CoinDesk’s Mining Week content.

Mar 25, 2022

Markets

Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather

BTC is up 5% over the past week. Analysts expect further upside after a brief pullback in price.

By Damanick DantesMar 25, 2022

Videos

Why Web 3 Needs Africa

“The Hash” hosts discuss the crucial role Africa plays in the adoption of Web 3 technologies, being home to the second largest bitcoin market in the world. The conversation touches on financial inclusion, digital payments, and efforts to educate the continent's youth on technology.

Mar 25, 2022

Layer 2

Bitcoin City: El Salvador’s Dreams for Utopia on Hold

Locals interviewed by CoinDesk have mixed feelings about El Salvador’s multimillion dollar proposal financed by “bitcoin bonds.”

By Elaine Ramirez, Doreen Wang, Andrés EnglerMar 25, 2022

A Chivo Wallet agent assisting a user in La Union, El Salvador (Elaine Ramirez/CoinDesk)

Videos

Could Arizona Be the Next Blockchain Innovation Hub?

AZ Bitcoin Network organizer Stephen Cole joins “Community Crypto” host Isaiah Jackson to discuss emerging crypto communities and growing use of bitcoin in Arizona. Plus, reactions to regulators reining in bitcoin’s energy consumption.

Mar 25, 2022

Markets