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.

Finance

Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App

The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele.

By Michael BellusciMar 4, 2022

People walk past a Shake Shack Inc. restaurant during a media tour of the Jewel Changi Airport in Singapore, on Thursday, April 11, 2019. The Jewel is a new mega-attraction at Singapore's Changi Airport and will open its doors to the public on April 17. Photographer: Wei Leng Tay/Bloomberg via Getty Images

Finance

First Mover Americas: Number of Bitcoin Held by Funds Hits Record High

The latest moves in crypto markets in context for March 4, 2022.

By Omkar Godbole, Bradley KeounMar 4, 2022

Markets

Bitcoin Slips Under $42K While Active Supply Reaches Yearly High

The cryptocurrency is approaching $41,000, although one analyst says geopolitical tensions could fuel a run to over $50,000.

By Shaurya MalwaMar 4, 2022

Bitcoin fell from resistance earlier this week but saw support at the $41,000 level. (TradingView)

Markets

Bitcoin Drops for Third Straight Day as Dollar Hits 21-Month High, US Wages Eyed

A continued uptick in wages would imply more inflation and strengthen the case for rate hikes by the Fed.

By Omkar GodboleMar 4, 2022

Bitcoin's price drops for third straight day. (CoinDesk, Highcharts.com)

Markets

First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

By Amitoj Singh, Damanick Dantes, James RubinMar 3, 2022

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Videos

Stablecoin Supply Ratio Rises Alongside Crypto Prices

In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating the stablecoin supply ratio (SSR), which has risen over the past week alongside crypto prices. Questions arise about whether traders will choose to hold their stablecoins or bitcoin, and how these decisions can affect price shifts.

Mar 3, 2022

Markets

Market Wrap: Bitcoin Drifts Lower, Although Analysts Expect Bearish Sentiment to Fade

BTC was down 4% over the past 24 hours as geopolitical risks intensified.

By Damanick Dantes, Angelique ChenMar 3, 2022

Markets

Bitcoin Analysts Ponder Impact as Oil at Highest Price Since 2008

The Russia-Ukraine conflict has sent crude oil to over $115 a barrel. Here's what the latest surge might mean for the bitcoin market.

By Brian EvansMar 3, 2022

Markets

Bitcoin Takes a Breather; Support at $37K-$40K

Intraday charts show downside exhaustion, which could encourage short-term buying.

By Damanick DantesMar 3, 2022

Bitcoin's daily chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin: ruptura de la nube de Ichimoku permitiría continuación de tendencia alcista

Mientras que este fenómeno apunta a más ganancias por delante, el aumento del riesgo geopolítico requiere un stop loss estricto en todas las posiciones de criptomonedas, dijo un observador.

By Omkar GodboleMar 3, 2022