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 Relief Bounce Faces Resistance at $33K-$35K

Buyers are reacting to oversold conditions, although upside appears limited.

By Damanick DantesMay 31, 2022

Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)

CoinDesk News

Hey Crypto World, Let’s Talk About Mainstreaming the Satoshi at Consensus

The high price of bitcoin intimidates crypto newbies. CoinDesk is hosting a private session at Consensus 2022 to begin changing the conversation.

By Pete PachalMay 31, 2022

Markets

First Mover Americas: BTC Finally Sees Rebound, but It Could Be Short-Lived

The latest moves in crypto markets in context for May 31, 2022.

By Lyllah Ledesma, Shaurya Malwa, Parikshit MishraMay 31, 2022

Bitcoin saw a small weekend bounce. (Sally Anscombe/Getty Images)

Markets

First Mover Asia: Bitcoin Jumps Above $31K; Ether Gas Fees Drop

Crypto analysts are starting to ask if the market is finding a bottom after the latest downdraft.

By Sam Reynolds, Bradley KeounMay 31, 2022

Markets

First Mover Asia: Bitcoin Jumps Above $31K; Crypto Carbon Trading Races to Clean Up Act

Carbon credit protocols have had a difficult time in recent months but have been working to improve the way they operate; bitcoin on Monday notched its biggest single-day gain in more than two months.

By Sam Reynolds, Bradley Keoun, Damanick DantesMay 30, 2022

Onshore wind turbines on the Bradwell Wind Farm near Bradwell on Sea, U.K., on Tuesday, Sept. 21, 2021. U.K. Business Secretary Kwasi Kwarteng warned the next few days will be challenging as the energy crisis deepens, and meat producers struggle with a crunch in carbon dioxide supplies. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Markets

Bitcoin Begins a New Week by Hitting Above $31K

Bitcoin posted a strong start to the week, rising to over $31,000 while U.S. equity markets were closed for the Memorial Day holiday.

By Michael BellusciMay 30, 2022

Markets

Bitcoin muestra signos de recuperación tras nueve semanas de pérdidas

El nivel de $29.500 está actuando como un importante soporte para la criptomoneda más grande del mundo.

By Shaurya MalwaMay 30, 2022

Markets

Bitcoin Shows Signs of Bottoming Out After 9 Weeks of Losses

The $29,500 level is acting as major support for the world’s largest cryptocurrency.

By Shaurya MalwaMay 30, 2022

Markets

First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma

Bitcoin was headed for a ninth-straight weekly loss, a record. Terra delivered its new LUNA "revival" tokens, which crashed. Stepn has plenty of company among firms making changes to accommodate Chinese data-protection laws.

By Sam Reynolds, Bradley Keoun, Damanick DantesMay 29, 2022