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 Rally Stalls; Could Find Support at $63K-$65K

Buyers could return on price dips into the Asian trading session.

By Damanick DantesNov 9, 2021

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

Markets

ETH-BTC Chart Points to Ether Leadership Ahead

Ether can take lead against bitcoin towards the year-end, one analyst said.

By Omkar GodboleNov 9, 2021

ETH-BTC's weekly price chart Nov 9 (TradingView)

Videos

Bitcoin Hits New All-Time High Above $68K As Ether Also Jumps to New Record

Customers Bank President and CEO Sam Sidhu discusses his crypto markets assessment as bitcoin broke $68,000 for the first time, and ether also set an all-time high past $4,800. “Crypto has become too big to ignore,” Sidhu said.

Nov 9, 2021

Videos

Who Is the Real Satoshi Nakamoto? Craig Wright Takes Stand in Bitcoin Trial

CoinDesk's Cheyenne Ligon shares insights into the high-profile trial between Craig Wright and the estate of his former business partner Dave Kleiman continuing in Miami. Wright claims to be the inventor of bitcoin and the owner of 1.1 million BTC, while Kleiman's estate is requesting its share of the nearly $67 billion fortune.

Nov 9, 2021