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’s Near 40% Slide Weighs on Crypto Stocks While Coinbase Outperforms

Some institutions use crypto equities as a proxy for cryptocurrencies, one value investor said.

By Omkar GodboleJan 11, 2022

Crypto stocks tank along with bitcoin (CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall

The declines followed U.S. stock exchange losses as investors anticipate continued hawkishness by the U.S. Federal Reserve.

By Damanick Dantes, Muyao ShenJan 10, 2022

Markets

Market Wrap: Traders Brace for Higher Volatility; Altcoins Underperform

Crypto prices are stabilizing, although some traders remain cautious.

By Damanick Dantes, Angelique ChenJan 10, 2022

Markets

Crypto Traders See $343M of Liquidations as Bitcoin Dips Below $40K

More than 109,000 traders were liquidated over the past 24 hours.

By Helene Braun, Shaurya MalwaJan 10, 2022

Markets

Bitcoin Stabilizes Above $40K Support; Resistance Near $45K

Buyers could respond to short-term oversold signals, although upside appears limited.

By Damanick DantesJan 10, 2022

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Digital Asset Funds Hit by Record Weekly Outflows of $207M

Bitcoin-focused investment funds saw $107 million in outflows over the seven-day period.

By Lyllah LedesmaJan 10, 2022

Investment funds focused on bitcoin saw outflows of $107 million during the seven-day period, according to a report published Monday by CoinShares.

Finance

Billionaire Investor Bill Miller Now Has 50% of His Personal Wealth in Bitcoin

The famed fund manager had invested heavily in bitcoin in his funds before.

By Nelson WangJan 10, 2022

Bill Miller, chairman and chief investment officer of Legg Mason Inc., speaks at the Morningstar Investment Conference in Chicago, Illinois, U.S., on Friday, June 25, 2010. Miller said the U.S. stock market, which has dropped 12 percent from its April high on concerns Europe's debt crisis may spread, will rise after the region's banks complete stress tests. Photographer: Tim Boyle/Bloomberg via Getty Images

Videos

Bitcoin’s Next Move Amid Talks of More Interest Rate Hikes, Other Macro Factors

Bitcoin and most other cryptocurrencies continue to retreat amid the Federal Reserve’s release of minutes from its December meeting, signaling it would tighten monetary policy faster than was once expected. Don Kaufman, the co-founder of trading education firm TheoTrade, discusses the potential macro factors impacting bitcoin and where the crypto markets could head.

Jan 10, 2022