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: Cryptocurrencies Slide as Buyers Stick to the Sidelines

Traders are in no hurry to buy given regulatory concerns and muted volume.

By Damanick DantesNov 18, 2021

Markets

Bitcoin Tumbles to 3-Week Low Under $60K; Next Support at $53K

Market retreat comes as bitcoin’s daily price chart signals slowing upside momentum. The ether price fell below $4,000.

By Damanick DantesNov 18, 2021

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

Videos

What’s Driving Bitcoin Price Movement?

Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks. Marc Lopresti, co-managing director at The Strategic Funds, discusses the new support and resistance levels to watch for bitcoin as indicators of a continued bull market.

Nov 18, 2021

Podcasts

‘Tis the Season of Ransomware Indictments, Feat. Chainalysis’ Gurvais Grigg

By Dan Ilett, Anna Baydakova, Danny Nelson, Benjamin Schiller, Danny BradburyNov 18, 2021

Markets

Not All Cryptos Are Scarce Like Bitcoin

For many cryptocurrencies and digital assets, scarcity is a key part of their value. But not all scarcity is created equal.

By Megan DeMatteoNov 18, 2021

Markets

Institutions Snap Up Ether $5K Call, Bitcoin Risks Double Top as RBA Official Warns of FOMO Meltdown

Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks.

By Omkar GodboleNov 18, 2021

Bitcoin's daily chart showing a double top pattern on Nov. 18 (Joel Kruger, TradingView)

Finance

Kleiman v. Wright: The Trial Transitions From Plaintiffs to the Defense

Lawyers for Dave Kleiman’s estate wrap up, but not before accusations of intimidation interrupt proceedings in the lawsuit against Craig Wright.

By Deirdra FuncheonNov 18, 2021

Law scales on table, close-up view (artisteer/iStock/Getty Images Plus)

Markets

Bitcoin Holding Support at $60K; Could Face Resistance at $63K-$65K

The long-term uptrend remains intact despite slowing price momentum.

By Damanick DantesNov 17, 2021

Markets

Market Wrap: Bitcoin Pullback Pauses as Traders Reduce Leverage

Technical indicators show a positive upward trend for BTC.

By Damanick DantesNov 17, 2021

Videos

Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends

As bitcoin nurses a weekly price drop of 9%, its social metrics indicate the retail crowd is high on “hopium,” crypto slang for hopes of a quick recovery and a continued bull run. New data reveals “buy the dip” mentions on social media rose to 952 Tuesday, hitting the highest levels since Sept. 7, when bitcoin crashed by 11%. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Nov 17, 2021