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

Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips

Bitcoin is up about 6% over the past 24 hours. Analysts expect short-term price gains.

By Damanick Dantes, Tracy WangNov 29, 2021

Markets

Bitcoin supera los $58.000 con la atención puesta en Ómicron y el discurso del presidente de la Fed

Existe un consenso en el mercado de que los bancos centrales y los gobiernos intervendrían rápidamente con más estímulos si los precios de los activos se desplomaran ante posibles confinamientos en las principales economías.

By Omkar GodboleNov 29, 2021

Gráfico por horas de la cotización de bitcoin el 29 de noviembre (TradingView)

Videos

Bitcoin’s Hourly Chart Signals Possible Bull Run Ahead

Bitcoin’s recovery has taken the shape of a bull flag on the hourly chart. A breakout could accelerate the recovery, perhaps bringing a re-test of $60,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Nov 29, 2021

Videos

Bitcoin Returns Above $58K as Momentum Improves

Bitcoin recovered some of its losses from the “Black Friday” shopping day when it declined by more than 8%, following news of a novel COVID-19 strain called Omicron. 3iQ Digital Assets President Chris Matta discusses the potential drivers moving prices higher as the cryptocurrency is trading over $58,000, up nearly 6% on the day.

Nov 29, 2021

Podcasts

What Jack Dorsey Leaving Twitter Means for Bitcoin

By Nathaniel WhittemoreNov 29, 2021

Markets

Bitcoin Returns Above $58K as Momentum Improves

Buyers will need to clear $60K resistance to maintain an uptrend.

By Damanick DantesNov 29, 2021

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

Videos

Expanding the Use Cases of NFTs, Bitcoin’s Blockchain

Hundreds of developers from around the world are building on Stacks, a network of decentralized apps (dapps) and smart contracts atop Bitcoin. But is it a good idea to expand the use of the Bitcoin network, such as minting NFTs?

Nov 29, 2021

Videos

Buying the Dip? Microstrategy, El Salvador Acquire More Bitcoin

While bitcoin’s price fell about 8% Friday around $54,237, MicroStrategy said it bought 7,002 bitcoins for about $414 million in cash during its fiscal fourth quarter. Similarly, El Salvador’s President Nayib Bukele said he bought 100 more bitcoins at “a discount” as broader markets tumbled on new COVID-19 variant fear.

Nov 29, 2021

Videos

Bitcoin and Prison Reform

BitcoinVegan CEO and "From Bars to Bitcoin" author Justin Rhedrick discusses how he personally overcame the economic setbacks of incarceration by discovering bitcoin as an opportunity for financial freedom and generational wealth. Galaxy Digital CEO and The Bail Project Board Chair Mike Novogratz also shares insights into the role of bitcoin in the U.S. criminal justice system.

Nov 29, 2021