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

Bitcoin Range-Bound; Support at $43K-$45K

Buyers could remain active on pullbacks into the Asia trading day.

By Damanick DantesApr 5, 2022

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

Finance

Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site

The company wants its bitcoin mining operations to be 100% carbon neutral by the end of the year.

By Eliza GkritsiApr 5, 2022

Marathon Digital to Buy $121M of Mining Machines

Videos

Swan Bitcoin CEO on LFG’s Bitcoin Reserves Impacting the Crypto Markets

Swan Bitcoin CEO Cory Klippsten discusses the Luna Foundation Guard’s recent bitcoin buying spree for its UST reserves, commenting on the Anchor Protocol and Terraform Labs Co-Founder Do Kwon’s recent statement about Terra’s impact on the crypto markets. Plus, comments on bitcoin adoption curve and why he thinks BTC’s market cap could reach $21 trillion eventually.

Apr 5, 2022

Finance

Lightning Labs Raises $70M to Bring Stablecoins to Bitcoin

The Taproot-powered “Taro” protocol aims to bring low-fee stablecoin and asset transfers to the Bitcoin Lightning Network.

By George KaloudisApr 5, 2022

Policy

US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption

The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month.

By Andrés EnglerApr 5, 2022

Finance

First Mover Americas: Bitcoin's Pause Fails to Deter Optimism

The latest moves in crypto markets in context for April 5, 2022.

By Omkar Godbole, Parikshit MishraApr 5, 2022

Puzzle cubes displaying logos of different cryptocurrencies and exchanges at the CryptoCompare Digital Asset Summit at Old Billingsgate in London, U.K., on Wednesday, March 30, 2022. Bitcoin and other cryptocurrencies had been, up until the last few weeks, mired in a similar downtrend as other riskier assets, like U.S. stocks. Photographer: Luke MacGregor/Bloomberg via Getty Images

Finance

MicroStrategy Buys $191M Worth of Bitcoin

The software company now holds 129,218 bitcoins.

By Jamie CrawleyApr 5, 2022

MicroStrategy executive chairman Michael Saylor (CoinDesk archives)

Markets

Bitcoin's 'Reserve Risk' Suggests Opportunity for Long-Term Accumulation

The indicator trades at low levels when there is heavy investor accumulation and HODLing is the preferred market strategy, a blockchain analytics firm said.

By Omkar GodboleApr 5, 2022

Reserve Risk shows time is ripe for patient investors to dip their toes into the market. (Pixabay)

Markets

First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat

A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.

By Sam Reynolds, Damanick Dantes, James RubinApr 5, 2022

Finance

Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay

The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million.

By Aoyon AshrafApr 4, 2022

Marathon Digital is on track to hit its hashrate goals. (Shutterstock)

Pageof 991