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

Market Wrap: Cryptos Recover, With Altcoins in the Lead

BTC was roughly flat over the past 24 hours, compared with a 6% jump in WAVES and a 3% rise in AAVE.

By Damanick Dantes, Angelique ChenApr 7, 2022

Markets

Bitcoin Stabilizes at $43K Support; Resistance at $45K-$48K

Range-bound price action could persist for a few days.

By Damanick DantesApr 7, 2022

Bitcoin daily chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Finance

Michael Saylor: Biden’s Executive Order Akin to POTUS Giving ‘Green Light to Bitcoin’

The longtime bitcoin maximalist was as optimistic as ever about the cryptocurrency in a conversation with Ark’s Cathie Wood at Bitcoin 2022 in Miami.

By Nelson WangApr 7, 2022

Michael Saylor and Cathie Wood speak at Bitcoin 2022 in Miami. (Danny Nelson/CoinDesk)

Videos

Miami Mayor on ‘Changing the Face’ of the City With Crypto

Amid the Bitcoin 2022 conference, Miami Mayor Francis Suarez discusses his efforts to embrace crypto for the city, touching on paying employees with bitcoin and encouraging businesses to accept it for payment. Plus a conversation about MiamiCoin and if Suarez considers himself a “Bitcoin Maxi.”

Apr 7, 2022

Videos

OpenSea’s Solana Beta Begins; Binance Bails Out Sky Mavis

Chinese state-media opinion piece calls for tighter regulation of NFTs. Solana NFTs enter OpenSea marketplace; NFT sales down by 25%. Vietnam’s Sky Mavis raises $150 million to offset Ronin hack, Axie NFT sales surge more than 350%. Bitcoin takes a stumble following Fed minutes.

Apr 7, 2022