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 Dips Below $46K, Support Around $42K

Upside appears to be limited given signs of slowing momentum.

By Damanick DantesSep 13, 2021

Videos

Why is Bitcoin Pulling Back?

Osprey Funds founder and CEO Greg King analyzes the crypto markets and his outlook as bitcoin continues to fade after last week’s sell-off from the $52,000 resistance level, and the upside appears to be limited given signs of slowing momentum.

Sep 13, 2021

Videos

Anthony Scaramucci Maintains $100K BTC Prediction

Anthony "The Mooch" Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins "First Mover" live from the conference to discuss crypto's role in the event and what he hopes to achieve. He also shares insights into launching a new Algorand fund and "Flatter," a platform for NFT art, collectibles, and experiences. Plus, his take on institutional activity in crypto, his bullish outlook for bitcoin, and El Salvador's Bitcoin Law.

Sep 13, 2021

Finance

Bitcoin Mining Power Consumption Exceeds 2020: Report

Miners are on track to use 91 TWh this year.

By Sheldon RebackSep 13, 2021

Markets

Bitcoin Eyes US Inflation Report, Potential Dollar Liquidity Squeeze

Bitcoin’s mid-May crash happened after U.S. reported inflation at three-year highs.

By Omkar GodboleSep 13, 2021

Finance

On Having Fun Staying Poor

Those plebs on Twitter may have your best interest in mind.

By Bradley RettlerSep 11, 2021

(C-SPAN screenshot, modified by CoinDesk)

Markets

Market Wrap: Cryptocurrencies Stabilize as Regulatory Concerns Rise

Bitcoin and other cryptocurrencies are rangebound as analysts monitor regulatory developments.

By Damanick Dantes, Tracy WangSep 10, 2021

Videos

Week Ahead: What’s Next for El Salvador’s Bitcoin Law With Lightning Network Playing Big Role

CoinDesk’s Tech Managing Editor Christie Harkin and Markets Managing Editor Brad Keoun discusses what’s to come next week in the world of bitcoin as the price of BTC consolidates and El Salvador has officially rolled out its Bitcoin Law with the Lightning Network playing a critical role.

Sep 10, 2021

Videos

What Caused This Week's Flash Crash?

The Week in Review panel for "All About Bitcoin" discusses the potential catalyst for this week's crypto markets flash crash. Plus, taking a look at this past week's stories making waves in the cryptocurrency space: BTC mining difficulty is recovering, node adoption for Taproot has gone over 50%, and the SEC is cracking down on Coinbase.

Sep 10, 2021

Videos

El Salvador Already Bought 550 BTC

El Salvador is on a bitcoin buying spree, having purchased 550 BTC as the Central American country’s bitcoin law went into effect Tuesday, officially adopting bitcoin as legal tender. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Sep 10, 2021