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 Likely to Rally After September Options Expiry: Deribit Poll

Bitcoin options contracts worth $3.3 billion are set to expire today.

By Omkar GodboleSep 24, 2021

Bitcoin is likely to rally after options expiry. (TradingView)

Markets

Market Wrap: Bitcoin Rises Even as Indicator Shows Extreme Bearish Sentiment

Some traders buy on the dip as BTC appears oversold; altcoins outperform.

By Damanick Dantes, Tracy WangSep 23, 2021

Tech

Bitcoin.org Website Inaccessible After Being Hacked by Apparent Giveaway Scam

The site could not be opened as of 05:44 UTC Thursday, after falling victim earlier in the day to an attack claiming it would double funds sent to it.

By Eliza GkritsiSep 23, 2021

Markets

Bitcoin Recovering, Faces Short-Term Resistance Near $46K

Upside appears to be limited as the largest cryptocurrency trades at $43,700.

By Damanick DantesSep 23, 2021

Bitcoin four-hour price chart (CoinDesk, TradingView)

Videos

Is Today’s Rise in Bitcoin a Dead Cat Bounce?

Bitcoin (BTC) is recovering above its $40,000-$42,000 support zone after oversold signals appeared on the charts, but is this temporary? Martha Reyes-Hulme, Head of Research at crypto exchange and digital assets primer broker Bequant, discusses her crypto markets analysis and outlook, examining bitcoin’s correlation to the S&P 500 index and USD.

Sep 23, 2021

Videos

Bitcoin Recovering, Faces Short-Term Resistance Near $46K

Bitcoin is recovering above its $40,000-$42,000 support zone with initial resistance seen at around $46,000 after global macro fears sent worldwide equities and crypto markets tanking Tuesday. Still, some suggest it's too early to call bitcoin's bottom. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Sep 23, 2021

Policy

Is the Dollar Doomed?

In this excerpt from “The Future of Money,” author Eswar Prasad examines the forces – the rise of bitcoin and stablecoins and foreign currency competition – threatening the dollar’s perch as the world’s reserve currency.

By Eswar PrasadSep 23, 2021