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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.


Bitcoin News

Merkado

Polkadot, Solana Biggest Losers Among Top Cryptos

Tokens of top blockchain networks dropped as much as 14% after bitcoin lost its $46,500 support level.

Ni Shaurya Malwa

plunge (shutterstock)

Merkado

Bitcoin Falls Below $43K, Leads to $800M in Crypto Liquidations

Over 87% of losses arose from crypto traders in long positions.

Ni Shaurya Malwa

Bitcoin broke below the $46,000 support level on Wednesday. (TradingView)

Patakaran

US Congress to Hold Oversight Hearing on Crypto Mining: Report

Lawmakers will look at mining’s effect on the environment.

Ni Eliza Gkritsi

The U.S. Capitol in Washington D.C. (Darren Halstead/Unsplash)

Merkado

First Mover Asia: Bitcoin Falls Below $44K After Fed Minutes Release

The cryptocurrency drops almost 6%, and altcoins also fall.

Ni Muyao Shen, Damanick Dantes

(Getty Images)

Merkado

Market Wrap: Bitcoin Dips as Dominance Over Ethereum Shrinks

BTC declines below $45K after the U.S. Fed points to a possible rate hike in March.

Ni Damanick Dantes

(Stephen Leonardi, Unsplash)

Merkado

Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

A reduction in the balance sheet might undermine bitcoin’s appeal as an inflation hedge.

Ni Bradley Keoun

Bitcoin's hourly price chart showed steep drop in the hour after the Fed meetings were released. (TradingView)

Merkado

Bitcoin Steady Near $45K Support; Resistance at $53K

BTC is at the bottom of a month-long price range, and upside appears limited.

Ni Damanick Dantes

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Layer 2

Now I Need Bitcoin: A Banking Breakdown in Mexico

Jeff Wilser discovers what it means to be unbanked and out of cash.

Ni Jeff Wilser

(Jeff Wilser/CoinDesk)

Pananalapi

Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve

The miner plans to reach 3.35 EH/s of hashrate by the end of Q1 2022.

Ni Eliza Gkritsi

Hut 8 plant

Merkado

Chainlink Jumps While Bitcoin Stages Recovery

LINK hit resistance levels while major cryptocurrencies held support levels ahead of publication of the Fed’s minutes on Wednesday.

Ni Shaurya Malwa

Where does resistance exist for LINK? (TradingView)
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