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 Holds Support Above $35K; Resistance Near $40K

BTC is stabilizing between $30K and $40K as oversold conditions remain intact.

By Damanick DantesJan 28, 2022

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

Videos

Goldman Sachs: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables

In a report Thursday, Goldman Sachs said mainstream crypto adoption can raise valuations but also raise correlations with other financial market variables, reducing the diversification benefits of holding digital assets. “The Hash” hosts dig into the report, discussing whether bitcoin moves in sync with the traditional markets.

Jan 28, 2022

Podcasts

The 3 Most Thought-Provoking Questions in Bitcoin With Nik Bhatia

By Nathaniel WhittemoreJan 28, 2022

Podcasts

Privacy, Security, Connectivity: Can We Have It All?

By Sheila Warren, Michael J. CaseyJan 28, 2022

Money Reimagined Digital Money Stage at Consensus 2022

Finance

Jefferies Sees Nearly 160% Upside for Marathon Digital's Shares

The firm started coverage with a buy rating and 12-month price target of $51.

By Aoyon AshrafJan 28, 2022

Learn

Is a Crypto Winter Coming? 3 Things to Consider

There’s a definite chill in the air as the crypto market tries to shake off another steep crash. But is a new crypto winter really upon us?

By Ollie LeechJan 28, 2022

Markets

Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables

The bank’s analysts said digital assets won’t be immune to macroeconomic forces such as monetary tightening.

By Will CannyJan 28, 2022

Markets

Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments

Most investors prefer to have direct custody of coins when they intend to hold them for a longer term.

By Omkar GodboleJan 28, 2022

Bitcoin's net exchange flows (Glassnode)

Markets

First Mover Asia: Bearish Crypto Sentiment Continues as Dollar Strengthens

Bitcoin was up slightly, but ether and most other major altcoins fell as investors continued to digest the Federal Reserve's hawkish comments from Wednesday.

By Muyao Shen, Damanick DantesJan 27, 2022

Black Bear (Photo by Galen Rowell/Corbis via Getty Images)

Markets

Market Wrap: Bitcoin Rangebound Ahead of Option Expiry; Expect Higher Volatility

Sentiment in the bitcoin options market is mixed, although some traders are seeking downside protection.

By Damanick Dantes, Angelique ChenJan 27, 2022

Traders are starting to position themselves ahead of the bitcoin options expiry on Friday. (Wim van 't Einde/Unsplash)

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