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 Above $37K; Resistance at $40K-$45K

BTC's January sell-off could attract short-term buyers.

By Damanick DantesJan 31, 2022

Bitcoin's four-hour price chart shows support/resistance levels. (Damanick Dantes, CoinDesk)

Markets

Bitcoin's Put-Call Ratio Hits 6-Month High as Negativity Rules

The ratio suggests demand for puts is high, one observer said.

By Omkar GodboleJan 31, 2022

Bitcoin's put-call ratio signals increased demand for downside protection. (Skew)

Markets

Excessive Volatility Hindering Further Mainstream Adoption of Bitcoin, JPMorgan Says

The bank said Ethereum is also facing challenges due to declining market share in the DeFi and NFT sectors.

By Will CannyJan 31, 2022

Markets

Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New

The slide is within historical norms, the bank’s analysts said.

By Will CannyJan 31, 2022

Markets

Bitcoin's 'MACD' Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger

Several Wall Street banks have penciled in five Fed rate hikes for 2022.

By Omkar GodboleJan 31, 2022

Bitcoin's monthly chart with MACD histogram (TradingView)

Markets

First Mover Asia: Bitcoin Barely Budges in Weekend Trading

Crypto trading was light and could remain so in Asian markets as many investors celebrate the Lunar New Year holiday week.

By Muyao Shen, Damanick DantesJan 30, 2022

Bitcoin's price stayed roughly flat over the weekend. (Mike Aguilera/SeaWorld San Diego via Getty Images)

Podcasts

The Big Numbers From Ark's Big Ideas Report

By Nathaniel WhittemoreJan 30, 2022

Opinion

Bitcoin Protects Privacy and Fights Oppression

Central bank digital currencies, on the other hand, are financial surveillance on steroids. This op-ed is part a CoinDesk's Privacy Week. Murtaza Hussain is a national security reporter at The Intercept.

By Murtaza HussainJan 29, 2022