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Blockchain

Crypto Price Today: Bitcoin Edges Past $106,000 in Modest Recovery; Altcoins See Gains



Bitcoin experienced a minor price uptick on Monday, June 16th, signaling a potential weekend recovery. Globally, the cryptocurrency increased by less than one percent, reaching $106,645. Indian exchanges witnessed a more pronounced rise, with Bitcoin trading at $108,450, exceeding a one percent gain. This positive movement suggests a stabilization after recent fluctuations. Despite market volatility, Bitcoin maintains a strong position with a market dominance of 63.8 percent, underscoring its continued leadership in the cryptocurrency market.



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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