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Blockchain

Bitcoin Holds Steady at $109,400 After Reaching New All-Time High; Altcoins Maintain Gains



Bitcoin reached a record high of over $111,500 last week before consolidating around $109,000 over the weekend. On Monday, May 26th, it experienced a slight increase of 1.30%, trading at $109,612 on global exchanges. Indian platforms mirrored this upward trend, showing gains of less than two percent. Exchanges like Giottus and CoinDCX reported Bitcoin fluctuating around $109,288, indicating continued market stability after its recent surge.



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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