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Blockchain

Bitcoin Surges Past $107,000 for First Time Since January as Altcoins Rally



Bitcoin broke past $107,000 (approximately Rs. 91.5 lakh) on Wednesday, May 21st, marking the first time in four months it reached this level. The leading cryptocurrency experienced a nearly two percent increase in value across global exchanges within the last 24 hours.

Data from CoinMarketCap indicates Bitcoin is currently trading at $107,616 (roughly Rs. 92.1 lakh) internationally. Indian exchanges mirrored this upward trend. BTC saw profits nearing two percent and is presently valued at $107,780 (approximately Rs. 92.2 lakh) on platforms like CoinDCX and CoinSwitch. This surge signals renewed positive momentum for Bitcoin in both global and Indian markets.



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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