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.

Videos

Where Is Bitcoin Headed?

A new bitcoin four-hour price chart reveals the relative strength index (RSI) is oversold, which typically precedes a price bounce. However, the RSI is neutral on the daily and weekly chart, suggesting a period of consolidation between $42,000 support and $50,000 resistance could persist.

Sep 9, 2021

Videos

What Triggered This Week's Market Correction?

Messari research analyst Aidan Mott discusses the potential catalyst behind this week's market correction, explaining why his outlook for bitcoin remains positive despite recent "rapid cascading liquidations" across the crypto markets. "We're seeing a healthy rebound into more normal territories," Mott said. Plus, insights into institutional activity.

Sep 9, 2021

Videos

Bitcoin Rangebound Ahead of $48K-$50K Resistance

Bitcoin is stuck in a tight range as sellers take a breather from this week’s sell-off.

Sep 9, 2021

Learn

How to Set Up a Bitcoin Miner

While bitcoin mining is dominated by large companies with huge warehouses full of equipment, it’s still possible for individuals to successfully mine as part of a pool. Here's how to start crypto mining.

By Andrey SergeenkovSep 9, 2021

An Antminer bitcoin mining machine. (Carlos Becerra/Bloomberg via Getty Images)

Learn

What Are Bitcoin Mining Pools?

Find out what bitcoin mining pools are and how to join them. The same methods can be used for most cryptocurrencies.

By Hoa Nguyen, Noelle Acheson, John BiggsSep 9, 2021

Markets

ECB Signals ‘Moderate’ Slowdown in Asset Purchases; Bitcoin Rises

The European Central Bank says it will slow down the average pace of asset purchases but keep the overall size of its quantitative easing program intact.

By Omkar GodboleSep 9, 2021