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

First Mover Asia: Bitcoin Continues Drift Below $60K as Investors Eye Shoppers’ Inflation Response, Biden Fed Chair Pick

Trading activity could be light in the coming week because of the U.S. Thanksgiving holiday; ether holds steady above $4,300.

By Bradley Keoun, Damanick DantesNov 21, 2021

Bitcoin's price chart over the past week shows the gravitation toward the $60,000 level. (CoinDesk)

Markets

Leverage Demand, Not Leverage Itself, Down in Bitcoin

The latest decline in bitcoin prices may be due not to deleveraging so much as just a lack of demand for leveraged-long positions.

By Lawrence LewitinnNov 21, 2021

Finance

El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto

The issuance of the tokenized bond, which was developed by Blockstream, will be processed by Bitfinex.

By Andrés Engler, Kevin ReynoldsNov 21, 2021

President Bukele Announced That El Salvador Plans to Build 'Bitcoin City'

Finance

Kleiman v. Wright: Defense’s Autism Expert Explains His Diagnosis of Craig Wright

The third week of testimony ended with a lengthy description of how Craig Wright is affected by autism spectrum disorder.

By Deirdra FuncheonNov 20, 2021

Markets

Market Wrap: Bitcoin Underperforms Altcoins as Sell-Off Pauses

Bitcoin is stabilizing after a near-10% decline over the past week.

By Damanick DantesNov 19, 2021

Videos

What's Behind Bitcoin's Dramatic Pullback to Lowest Level Since Oct. 13?

Bitcoin is bouncing back from its five-week lows Friday. Blockchain analytics platform CryptoQuant says the early drop was predominantly driven by traders taking short positions in the perpetual futures market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Nov 19, 2021

Videos

Bitcoin Looking to Bounce Back From Low of Sub-$56K

Bitcoin is recovering to above $58,000 at press time from the low of $55,666 reached during the early European trading hours, the lowest level since Oct. 13. "The Hash" team discusses whether this could signal a bear market or just a healthy price correction.

Nov 19, 2021

Videos

Key Factors Impacting Bitcoin Market Movement This Week

“All About Bitcoin's” Week in Review panel discusses what to make of this past week's significant markets sell-offs, examining the potential impact of China's continued mining crackdown and India's efforts to ban crypto transactions. Plus, reactions to the iconic Staples Center being renamed as the Crypto.com Arena in one of the biggest naming deal in sports history.

Nov 19, 2021

Podcasts