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

Jack Dorsey Touts Bitcoin's Virtues at MicroStrategy Conference

The Block CEO and Twitter co-founder cites the crypto's transparent fees.

By Michael BellusciFeb 1, 2022

Finance

NYDIG Launches Service for Workers to Get Paid in Bitcoin

With its Bitcoin Savings Plan, NYDIG joins Coinbase and Strike with a service allowing employees to auto-convert some or all of their paychecks into bitcoin.

By Stephen AlpherFeb 1, 2022

Finance

MicroStrategy Buys Additional $25M Worth of Bitcoin During Market Dip

The acquisition rate in January was markedly lower than in December.

By Michael Bellusci, Jamie CrawleyFeb 1, 2022

MicroStrategy's Michael Saylor (CoinDesk)

Markets

Someone Just Moved $3.55B Worth of Bitcoin From 2016 Bitfinex Hack

Bad actors would have a tough time cashing out the stolen bitcoin as most of them are blacklisted.

By Omkar GodboleFeb 1, 2022

Source code from the master branch of open-source Bitcoin Core code repository on GitHub. (GitHub, modified by CoinDesk)

Markets

Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program

The RBA announced an end of bond purchases, but signaled it is in no hurry to raise interest rates.

By Omkar GodboleFeb 1, 2022

Bitcoin held on to overnight gains as Australia's central bank scrapped its QE program. (Source: CoinDesk, Highcharts.com)

Markets

First Mover Asia: Crypto Finishes Bad Month on High Note

Prices for bitcoin, ether and most major altcoins rise after a month of steep price declines.

By Muyao Shen, Damanick DantesJan 31, 2022

Markets

Market Wrap: Bitcoin Rises Above $38K Ahead of Seasonally Strong February

Historically, bitcoin produces positive returns in February. But risks remain.

By Damanick Dantes, Angelique ChenJan 31, 2022

Chart pointing upwards.(Frank Busch/Unsplash)

Podcasts

Unpacking Arizona's Bitcoin Legal Tender Proposal

By Nathaniel WhittemoreJan 31, 2022

Markets

Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week

Cryptocurrency funds attracted $19 million of new money last week, suggesting investors are cautiously adding to positions, with prices depressed compared with year-end levels.

By Angelique ChenJan 31, 2022