10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

Ripple’s XRP Soars Above $3, Flips USDT as 3rd Largest Crypto


Ripple Labs-backed XRP gained 5 percent in the past 24 hours to trade above $3.04 on Wednesday, July 16, during the mid-North American trading session. The large-cap altcoin, with a fully diluted valuation of about $304 billion, reached the highest level in 24 weeks, thus flipping Tether (USDT) as the third-largest crypto asset.

As a result, XRP price has regained all the losses registered after President Donald Trump took office for the second term earlier this year. According to aggregate market data from Coingecko, XRP price gained over 26 percent…



Source link

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