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.

Videos

Levels to Watch for Bitcoin Amid FTX Gloom

Bitcoin (BTC) briefly bounced above $17,000 before retreating amid the continued fallout of crypto exchange FTX. StockCharts.com Senior Technical Analyst Julius de Kempenaer discusses his bitcoin's upside potential and downside risk.

Dec 1, 2022

Markets

Crypto Market Analysis: Ether’s Recent Strength vs. Bitcoin Reaches Key Crossover Signal

The sample size of crossovers of 10- and 100-day moving averages for ETH and BTC is small but worth watching. A positive crossover is often a bullish sign.

By Glenn Williams Jr.Dec 1, 2022

The price of ether has risen 16% in the past week. (Getty Images)

Markets

November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes

The employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to the central bank chair.

By Helene BraunDec 1, 2022

Markets

First Mover Americas: Crypto's November Fall

The latest price moves in crypto markets in context for Dec. 1, 2022.

By Lyllah Ledesma, Omkar GodboleDec 1, 2022

Idyllwild Park, Idyllwild, United States (Victor Baro/Unsplash)

Markets

Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders

The cryptocurrency's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.

By Omkar GodboleDec 1, 2022

Investors bottom fishing (Robson Hatsukami Morgan, Unsplash)

Markets

First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks

ALSO: Sam Reynolds writes that the decision by shipping giant Maersk and IBM to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries.

By Sam Reynolds, James RubinDec 1, 2022

Los mercados han subido las últimas 24 horas. (Mehmet Turgut Kirkgoz, Unsplash)

Markets

Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce

The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday.

By James RubinNov 30, 2022

Kraken is cutting 30% of its global staff. (Shutterstock)

Markets

Bitcoin Correlation With the Dollar Index Turns Negative, Again

Asset managers reduced long positions in BTC for a third consecutive week.

By Glenn Williams Jr.Nov 30, 2022

Daren Li pleaded guilty to conspiracy to commit money laundering. (Pixabay)

Markets

Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%

The FTT token, along with Serum's SRM and Solana's SOL, plunged amid the dramatic collapse of Sam Bankman-Fried's FTX exchange. Bitcoin had its worst loss in five months.

By Jocelyn YangNov 30, 2022