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.


Bitcoin News
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

Recent Videos
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

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Videos

Strike CEO Jack Mallers on El Salvador’s Bitcoin Adoption

Jack Mallers, Strike CEO and a top 10 winner of CoinDesk’s Most Influential 2021, shares insights into his mission to bank the unbanked that has led him to spread bitcoin adoption across El Salvador.

Dec 8, 2021

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Finance

There Was No ‘Satoshi Nakamoto’ Lawsuit

Depending on what you read, you might get the real story, or ... not.

By David Z. MorrisDec 8, 2021

Actor Adrian Grenier and Chief Scientist at nChain Dr. Craig Wright attend CoinGeek Cocktail Party at Gustavino's on October 4, 2021, in New York City. (Photo by Eugene Gologursky/Getty Images for CoinGeek)
Podcasts

Crypto News Roundup for Dec. 8, 2021

By Adrian Blust, Adam B. LevineDec 8, 2021

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

Layer 2

Most Influential 2021: Jack Mallers

The CEO of Bitcoin payments app Strike helped birth El Salvador’s BTC move this year. He still sees himself as a “pleb,” not an influencer.

By David Z. MorrisDec 8, 2021

(“The Last Confirmation” - a collaboration between Norman & Robness/CoinDesk)

Markets

Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts

Some $187 million of crypto trading positions were liquidated over the past 24 hours.

By Lyllah LedesmaDec 8, 2021

24-hour Bitcoin Chart (Messari)

Tech

Bitcoin’s Lost Coins Are Worth the Price

And the network’s core principles are invaluable.

By Daniel KuhnDec 8, 2021

(Damir Spanic/Unsplash, modified by CoinDesk)

Markets

First Mover Asia: Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Blockchain data now indicates that the market crash over the weekend resulted from a “weak hand purge.”

By Muyao Shen, Damanick DantesDec 7, 2021

ALAJUELA, COSTA RICA - JANUARY 15: A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches. (Photo by Dan Kitwood/Getty Images)

Markets

Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’

A widely tracked technical indicator has flipped bearish, denting hopes of an end-of-year rally.

By Omkar GodboleDec 7, 2021

Bitcoin's weekly and daily charts (Source: TradingView)
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Latest Crypto News

Today
11:00 AM
Negative
Cango is selling off its bitcoin stash to pay down debt and fund an AI makeover
The company sold 4,451 BTC in February to cut debt and fund AI infrastructure pivot.
10:44 AM
Neutral
BTC0.00%
+3 Assets
Bitcoin consolidation seen with BTC remaining 'overbought' after pullback
Crypto markets cooled after Monday's rally, with bitcoin eyeing support near $72,000–$74,000 even as derivatives positioning remains broadly bullish and altcoins see deeper profit-taking.
9:48 AM
Positive
BTC0.00%
Equity, oil and bond markets have freaked out. Bitcoin traders have not.
Bitcoin's implied volatility holds steady as panic hedging drives traditional volatility indexes higher.

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