Bitcoin
Bitcoin Rallies From Oversold Levels; Faces Resistance at $40K
The short-term trend is improving after a series of lower price highs since May.
Bitcoin Peeps Above $38K on Basel News
The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.
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."
