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Blockchain

Bitcoin Stabilises at Around $105,500, Most Altcoins See Minor Profits



On June 4th, cryptocurrency markets showed modest gains, with Bitcoin experiencing a slight increase of under two percent. It traded around $105,501 on international exchanges, maintaining a 63.1% market dominance. Indian exchanges mirrored this trend, with Bitcoin reaching approximately $106,760 after a similar minor profit.

Analysts are optimistic about the future of the crypto market, attributing their positive outlook to increasing global interest in cryptocurrencies. While gains were limited on this particular day, the underlying sentiment suggests potential for further growth driven by broader adoption and investment. The market remains closely watched as it responds to evolving global dynamics and regulatory developments.



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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