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.

Podcasts

Mark Zuckerberg Testing NFTs on Instagram; What Impact Will Crypto Markets Slide Have on Coinbase?

By William Foxley, Zack SewardMay 9, 2022

Terraform Labs CEO Do Kwon’s History Behind Another Failed Stablecoin

Markets

First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day

The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet.

By Sam Reynolds, Damanick Dantes, James RubinMay 9, 2022

Markets

Coinbase, MicroStrategy Lead Crypto Stocks Lower in Market Rout

Double-digit percentage losses were the norm across the cryptocurrency sector as the Nasdaq tumbled another 4% and bitcoin plunged to just above $30,000.

By Aoyon AshrafMay 9, 2022

MicroStrategy Executive Chairman Michael Saylor

Markets

Bitcoin bajo presión, con soporte en $27K-$30K

La caída de BTC se confirma y la subida aparenta ser limitada.

By Damanick DantesMay 9, 2022

Finance

El Salvador Acquires 500 Additional Bitcoin Amid Market Drop

President Nayib Bukele tweeted that his country “just bought the dip.”

By Andrés EnglerMay 9, 2022

Markets

Investors Flee Terra’s Anchor as UST Stablecoin Repeatedly Loses $1 Peg

Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token, fell 35% during the day.

By Krisztian SandorMay 9, 2022

Markets

Market Wrap: Cryptos, Stocks Tumble Amid Extreme Bearish Sentiment

BTC dropped by as much as 11% over the past 24 hours while several altcoins underperformed.

By Damanick Dantes, Krisztian SandorMay 9, 2022

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

Videos

BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents

TheoTrade Co-founder Don Kaufman shares his bitcoin price analysis as the “digital gold” dropped over 10% during the last 24 hours. How is BTC correlated with the Nasdaq and S&P 500?

May 9, 2022

Videos

BTC Falls Below $31K to Lowest Level Since July 2021

Bitcoin tumbles to its lowest price since July 2021 as tighter monetary policy continues to impact risk-on assets. Plus, insights into BTC futures liquidations as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

May 9, 2022

Podcasts