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Blockchain

Bitcoin Price Rises Past $94,000 as Whales, Institutions Continue Aggressive Acquisition



Bitcoin’s price is surging on international exchanges, driven by significant buying from large investors. It’s currently trading around $94,200 (approximately Rs. 80.3 lakh), reflecting a 7.8% increase over the past week. While global exchanges saw a slight 0.12% rise on Monday, Indian exchanges experienced a marginal dip of 0.09%, with prices fluctuating between $91,400 and $94,1450 (roughly Rs. 78 lakh and Rs. 80.3 lakh). This recent uptick follows a difficult April where Bitcoin’s value bottomed out, suggesting a potential recovery despite the slight downturn on Indian exchanges. The ongoing institutional and whale accumulation points towards continued interest and potential for further price appreciation.



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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