Mammalian circadian rhythms are generated by a feedback loop in which BMAL1 and CLOCK, players of the positive limb, activate transcription of the cryptochrome and period genes, components of the negative limb. Bmal1 and Per transcription cycles display nearly opposite phases and are thus governed by different mechanisms. Here, we identify the orphan nuclear receptor REV-ERBα as the major regulator of cyclic Bmal1 transcription. Circadian Rev-erbα expression is controlled by components of the general feedback loop. Thus, REV-ERBα constitutes a molecular link through which components of the negative limb drive antiphasic expression of components of the positive limb. While REV-ERBα influences the period length and affects the phase-shifting properties of the clock, it is not required for circadian rhythm generation.