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.

Finance

Gemini to Allow Crypto Trading in Colombia Under Government-Sponsored Pilot Program

The company plans to offer bitcoin, ether, litecoin and bitcoin cash trading in partnership with local bank Bancolombia starting in December.

By Andrés EnglerDec 6, 2021

Cameron and Tyler Winklevoss, Gemini founders (Shutterstock)

Markets

First Mover Asia: Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday

Investors, who have been spooked by the omicron variant of the COVID-19 virus, are awaiting the opening of equity markets on Monday.

By Muyao Shen, Damanick DantesDec 5, 2021

The New York Stock Exchange (Spencer Platt/Getty Images)

Markets

How Bitcoin Set Itself Up for This Sell-Off

Conditions like what we had over the past few weeks usually set the stage for a big move in one direction or the other.

By Lawrence LewitinnDec 5, 2021

Podcasts

Goldman Looking Into Bitcoin-Backed Lending as Jobs Report Disappoints

By Nathaniel WhittemoreDec 4, 2021

Markets

Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys the Dip

The leading cryptocurrency is currently trading around $47,960.

By Nikhilesh De, Omkar GodboleDec 4, 2021

Bitcoin price on Dec. 4, 2021. (CoinDesk)

Markets

Bitcoin Drops Below $56K as Momentum Slows, Support at $53K

Buying has been weak despite short-term oversold signals.

By Damanick DantesDec 3, 2021

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Extends Losses While Traders Remain Bullish on Ether

Weekly returns were mixed as some altcoins outperformed. Meanwhile, macro headwinds could cause investors to reduce exposure to speculative assets next year.

By Damanick Dantes, Tracy WangDec 3, 2021

Markets

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

Payrolls data is forecast to show the U.S. economy added 550,000 jobs in November after 531,000 additions in October.

By Omkar GodboleDec 3, 2021

Bitcoin continues to trade in a narrow range below $60,000 on Dec. 3 (TradingView)

Videos

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

New data on bitcoin's price movement reveals the cryptocurrency is continuing to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of the U.S. monthly employment report. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Dec 3, 2021

Videos

Bitcoin Drops Below $56K as Momentum Slows, Support at $53K

Bitcoin sellers were active Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support at about $53,000 could stabilize the current pullback. “All About Bitcoin’s” Week in Review panel discusses the week’s events that could have brought BTC to this low point and Square’s pivot after renaming itself as Block.

Dec 3, 2021