Bitcoin

Bitcoin's 'Rich List' Continues to Snap Up Cheap Coins
Bitcoin's rich list has accumulated 80,000 BTC since the May 19 crash.
![Bitcoin (BTC) [14.49.31, 10 Jun, 2021]](https://cryptonewz.pages.dev/crypto-news-coindesk.com/_next/image?url=https%3a%2f%2fcdn.sanity.io%2fimages%2fs3y3vcno%2fproduction%2f019f21fd27218c3c1bd2c61acb2e853417254dfd-3840x1300.png%3fauto%3dformat&w=1080&q=75)
World's Largest Meat Company Pays $11M in Bitcoin Ransomware Attack
The attack on the world's largest meat producer bore similarities to one on Colonial Pipeline two weeks earlier.

Square Completes $100M Investment in Underserved Communities
Of the remaining $25 million, $5 million was distributed to create The Bitcoin Endowment.

Market Wrap: Bitcoin Pops to $36.8K, Other Cryptos Higher Despite Worrying China Signals
Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.

Bitcoin Trading Volume Tumbles After Record May; Demand Withers With Price
“Traders have certainly lost the appetite for bitcoin in this uncertain market environment,” Arcane Research wrote in a report.

Looming ‘Death Cross’ Could Signal Bitcoin Bear Market
A death cross occurs when the 50-day moving average crosses below the 200-day moving average.

Luxor Bitcoin Mining Firm Raises $5M Series A Led by NYDIG
Luxor says it will work with NYDIG on "a number of mining-related ventures and hashrate-based products."

Interactive Brokers to Offer Crypto Trading by End of Summer
Interactive Brokers Chairman and CEO Thomas Peterffy announced the company will begin trading cryptocurrencies “by the end of the summer."

China's Qinghai Province Has Ordered All Crypto Miners to Shut Down
It follows orders to other provinces, including Xinjiang and Inner Mongolia, to shut down miners.


