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Blockchain

FTX Unstakes $30.9 Million in SOL, Can Solana Stay Strong?


The crypto market is trading in green today on the heels of Bitcoin hitting record-breaking highs above $118K. Major altcoins like Ethereum, XRP, and Solana also rallied 5-8% today. Amidst the broader crypto market rally, FTX has released massive amounts of SOL today. 

FTX Stakes $30.9 million in SOL, Sell Off Next?

Data from lookonchain shows that FTX staked 189,851 SOL, worth $30.94 million today. This has raised questions over whether this could bring in selling pressure for the token in the current bull run. Although this is not unusual, with the…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link