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.

Podcasts

Crypto News Roundup for Dec. 9, 2021

By Adrian Blust, Adam B. LevineDec 9, 2021

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Tech

Addressing Clients’ Fear, Uncertainty and Doubt (FUD) About Bitcoin

Why three popular investor fears about bitcoin are overblown.

By Andy EdstromDec 9, 2021

Tech

Bitcoin Hashrate Approaches Full Recovery From China Crackdown

Miners set up their operations elsewhere.

By Eliza GkritsiDec 9, 2021

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Markets

First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs

CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee; stocks rose amid fading Omicron concerns.

By Muyao Shen, Damanick DantesDec 8, 2021

Markets

Bitcoin Rangebound Above $46K Support, Resistance at $55K

Selling pressure could slow into the Asia trading day as indicators appear oversold.

By Damanick DantesDec 8, 2021

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

Tech

Bitcoin Adoption Among Far-Right Extremists Leaves Its Mark on the Blockchain

Blockchain sleuthing firm Elliptic has been tracking numerical hate signals left by alt-right groups.

By Ian AllisonDec 8, 2021

Elliptic has mapped bitcoin transactions with the "1448" hallmarks of alt-right hate groups. (Elliptic)

Markets

Market Wrap: Cryptocurrencies Stabilize as Some Traders Buy the Dip

The bitcoin Fear & Greed index is at the lowest level since late July, which preceded a price recovery.

By Damanick Dantes, Tracy WangDec 8, 2021

Videos

Bitcoin Adoption Among Far-Right Extremists Leaves Its Mark on the Blockchain

According to cryptocurrency analytics firm Elliptic, bitcoin as a means of payment among far-right extremists is growing in popularity, which is tracking traces left on the blockchain by such groups. "The Hash" squad discusses the specifics, reactions, and implications of bitcoin in politics.

Dec 8, 2021

Videos

Bitcoin Range-Bound Above $46K Support, Resistance at $55K

Bitcoin continues to stabilize around the $50,000 price level after a near 20% sell-off over the past weekend. New Glassnode data reveals support failed to hold and triggered a full wave of liquidations as the lower price was hit each time. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Dec 8, 2021

Videos

Is Bitcoin Mining Still Profitable?

Vice President of Business Development at Foundry Jeff Burkey discusses the state of the Bitcoin network and hashrate, along with its mining profitability and difficulty. Plus, insights into the launch of FoundryX, a new marketplace for buying and selling bitcoin mining machines.

Dec 8, 2021