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 Holding Support at $30K, Resistance at $35K

BTC's volume uptick is an initial sign of capitulation, but upside remains limited.

By Damanick DantesMay 10, 2022

Bitcoin daily chart shows support/resistance levels with volume on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Videos

TradeStation Exec on Bitcoin Dip Amid Hawkish Fed Policy

TradeStation Group VP of Market Intelligence David Russell discusses the decline in risk appetite from investors as the Federal Reserve continues to deploy hawkish monetary policy, possibly stimulating bitcoin’s recent price drop.

May 10, 2022

Videos

Crypto Following Tech Stocks Down, Why the Correlation?

Unchained Capital CEO Joseph Kelly discusses the crypto markets after BTC briefly dropped below $30,000, highlighting cryptocurrency’s correlation with the stock market and tech assets. Did institutional investors play a role in the crypto sell-off? And why the spillover into altcoin markets?

May 10, 2022

Finance

Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin

The plunging price of bitcoin raised questions about whether the company might soon receive a margin call from its lenders.

By Jamie CrawleyMay 10, 2022

MicroStrategy's Michael Saylor (CoinDesk)

Finance

Bitcoin Self-Custody Company Casa Raises $21M

The news of the fundraise coincides with the launch of Casa API.

By Cam ThompsonMay 10, 2022

Casa CTO Jameson Lopp speaks at Consensus 2019.

Markets

Crypto Market Crash Leads to $1B in Liquidations

Bitcoin and ether lost pivotal support levels leading to massive losses for long future traders.

By Shaurya MalwaMay 10, 2022

Los mercados cripto registraron más de US$700 millones en liquidaciones de operaciones en corto. (Pixabay)

Podcasts

When the Referees Play Favorites (Part 2)

By Adam B. LevineMay 10, 2022

Videos

Blockstream CEO Breaks Down the BIP119 Saga

Reacting to Bitcoin core developer Jeremy Rubin lobbying for a Speedy Trial of his Bitcoin Improvement Proposal (BIP) 119, Blockstream CEO Adam Back discusses what BIP119 is and why it’s so controversial. Back explains the proposal’s ability to bring smart contract capability to the Bitcoin network and risks it could introduce.

May 10, 2022

Markets