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 on Track for Biggest Monthly Price Loss Since May

The SEC’s final verdict on several bitcoin exchange-traded fund (ETF) applications is due next quarter.

By Omkar GodboleSep 29, 2021

Videos

Bitcoin Eyes Biggest Monthly Price Decline Since May

Despite trading 2.8% higher Wednesday at $42,200, bitcoin is eyeing a 10% monthly decline, the biggest loss since May. Richard Johnson, founder and CEO of FINRA and SEC-registered broker-dealer Texture Capital, discusses his outlook for bitcoin, the potential impact of China's crypto ban on the markets, DeFi, and smart contract protocols.

Sep 29, 2021

Markets

Bitcoin Consolidates Above $40K Support, Resistance at $45K

Indicators show a period of consolidation could persist given strong resistance above $45K.

By Damanick DantesSep 29, 2021

Bitcoin hourly chart (CoinDesk, TradingView)

Markets

Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse

Bitcoin and other cryptocurrencies were lower on the threat of yet another federal government shutdown.

By Damanick Dantes, Tracy WangSep 28, 2021

Markets

Bitcoin Declines From Resistance, Approaches $40K Support

The intermediate-term trend is weakening, although support at $40K could stabilize the pullback.

By Damanick DantesSep 28, 2021

Bitcoin four-hour price chart (CoinDesk, TradingView)

Videos

Bitcoin Declines From Resistance, Approaches $40K Support

Bitcoin is trapped in a narrowing price range and is trading lower after sellers responded to resistance near $45,000. Support is nearby at $40,000, which could stabilize the pullback. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Sep 28, 2021

Videos

Vincere Wealth Exec.: ‘The Story of the Decade Is Bitcoin Adoption’

As bitcoin slides, Isaiah Douglass, management partner at financial advisor Vincere Wealth, discusses his crypto markets outlook, explaining why “the story of the decade is adoption in bitcoin.” Plus, insights into his client base, advice for investors, and his view that bitcoin is default insurance for fixed income investors.

Sep 28, 2021

Markets

You Can Be a Bitcoin Maximalist and Like Ethereum, Too

Some prominent bitcoin influencers have begun pushing back against toxicity and isolationism in the bitcoin community.

By Daniel KuhnSep 28, 2021

Videos

IDX CIO on Selling Fully Out of Bitcoin Exposure

Quantitative asset manager IDX Digital Assets has sold all of its bitcoin holdings. IDX Chief Investment Officer Ben McMillan discusses why, citing news from China, global regulatory actions, and BTC’s speculative nature.

Sep 28, 2021

Markets