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Blockchain

Here is How to Prepare for Imminent Crypto Summer


Bitcoin (BTC) price has closed above a crucial psychological barrier around $109k, which had held since December 2024 to date. The flagship coin surged over 3.8 percent in the past 24 hours to reach a new all-time high (ATH) of about $118,885, which was set during the mid-London session on Friday, July 11.

Following the sustained bullish sentiment, heavy crypto liquidations, amounting to over $1.2 billion, were recorded in the past 24 hours. Out of the entire crypto liquidations today, short trades amounted to over $1 billion, whereby BTC’s share…



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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