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.

Opinion

How to Stay Sane During a Crypto Crash

Crypto longtimers are unfazed by bitcoin’s recent 38% drop. Here’s why they’re so zen – and how to find your own happy place.

By David Z. MorrisJan 7, 2022

Things are getting rough out there, but remember: it can't rain all the time.

Markets

Bitcoin Oversold Within Downtrend; Resistance at $45K

Upside is limited as long-term technical indicators turned negative.

By Damanick DantesJan 7, 2022

Bitcoin weekly price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

Finance

JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value

The investment bank also continues to rate crypto exchange Coinbase as a buy.

By Michael BellusciJan 7, 2022

JPMorgan Chase headquarters in New York (Michael Nagle/Bloomberg via Getty Images)

Podcasts

Crypto in Congress 2022: Rep. Darren Soto

By Sheila Warren, Michael J. CaseyJan 7, 2022

Money Reimagined Digital Money Stage at Consensus 2022

Opinion

Kazakh Mining Slide Offers Lesson for US Lawmakers

Cracking down on US bitcoin miners for their energy use would have perverse consequences, says CoinDesk’s chief content officer.

By Michael J. CaseyJan 7, 2022

Markets

Turkish Lira Is Now More Volatile Than Bitcoin

The lira nosedived in the final quarter of 2021 as Turkey cut interest rates amid high inflation.

By Omkar GodboleJan 7, 2022

Bitcoin and USD/TRY price charts and historical volatilities. (TradingView)

Markets

Ether Sees Higher Liquidations Than Bitcoin After Falling Under $3.2K

Nearly $160 million in ether long positions were liquidated.

By Shaurya MalwaJan 7, 2022

Ether lost a major support level on Friday. (TradingView)

Markets

Bitcoin Slips to 3-Month Low, Analysts Divided on Impact of Fed’s Tightening

The fears of the Fed’s tightening leading to a prolonged bear market in stocks and digital assets might be overblown, one observer said.

By Omkar GodboleJan 7, 2022

Bitcoin slips to three-month low (CoinDesk, Highcharts.com)

Markets

First Mover Asia: Bitcoin Stabilizes Near $43K as Layer 1 Tokens Attract Attention

ONE, FTM, ATOM and NEAR quickly turned green despite Wednesday’s broader market sell-off.

By Muyao Shen, Damanick DantesJan 6, 2022

Videos

ETH Price More Strongly Linked to BTC Than Ever

A chart featured in the 2021 CoinDesk Annual Review illustrates the 90-day return for bitcoin, ether, and macro assets. In this Chart of the Day report, Galen Moore reflects on bitcoin’s relationship with broader financial markets and ether’s dependence on the BTC price.

Jan 6, 2022