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Blockchain

Bitcoin Trades Close to $95,000, Majority Altcoins See Price Reduction as Market Consolidates



After a turbulent April, the cryptocurrency market is showing signs of stabilization in early May. Analysts note a period of consolidation, though Bitcoin experienced slight price dips on Thursday, May 1st. On international exchanges, Bitcoin fell by 0.17% to $94,920. Indian exchanges mirrored this trend, with Bitcoin declining by approximately 1% to trade at $95,400. Despite the small decrease, Bitcoin’s resilience at lower levels, bolstered by ongoing Bitcoin ETF inflows, suggests underlying strength.



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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