Esports betting is exploding in 2025, and two of the most-watched games—Fortnite and League of Legends (LoL)—are leading the charge. Whether you’re wagering on Victory Royales or Baron steals, top crypto sportsbooks now let you bet with Bitcoin, Ethereum, USDT, and more, without ever needing to submit KYC. This review highlights the best crypto-friendly platforms that support LoL and Fortnite betting, with no ID verification, instant payouts, and deep esports coverage. Best Crypto Sites to Bet on Fortnite & LoL Platform Fortnite Support LoL Coverage No KYC Crypto Support Standout Features Dexsport ✅ (seasonal) ✅ Full ✅ BTC, ETH, USDT, TRX, TON, MATIC Fully Web3, wallet login, CertiK-audited BC.Games ✅ (events) ✅ Standard ✅* USDT, BTC, ETH, DASH, TRX Rakeback, faucet, social community Thunderpick ⚠️ (limited) ✅ Deep ⚠️ BTC, ETH, USDT, LTC, DOGE Fast UI, esports-first layout Stake.com ✅ (specials) ✅ Pro-level ⚠️ BTC, ETH, USDT, LTC, TRX Licensed, high liquidity, betting tools BetFury ✅ (seasonal) ✅ Major LoL ✅* BTC, ETH, USDT, BNB, TRX Staking, missions, DeFi-style token rewards 1. Dexsport – Best Crypto Sportsbook for Fortnite & LoL Fans Dexsport is a true Web3 betting platform that offers anonymous access, instant betting, and support for over 38 cryptocurrencies including ETH, BTC, USDT, TRX, SOL, and TON. It features live markets and streaming for both Fortnite and League of Legends, alongside on-chain transparency and a smooth UI. Why It’s #1: 🎮 Supports League of Legends, Fortnite, CS2, Dota 2, Valorant, cyber football, and more 🪙 Multi-chain support: 38+ tokens across Ethereum, BNB, TRON, Polygon, Solana 🔐 No registration or KYC — connect via MetaMask, Trust Wallet, or Telegram 🧠 Transparent public bet desk shows real-time betting activity 🎁 Weekly cashback, odds boosts, Turbo Combos, freebets ✅ Audited by CertiK and Pessimistic Perfect for: Esports bettors who want full control, true anonymity, and multi-coin betting in a fully decentralized environment. 2. BC.Games – Reward-Packed Crypto Casino With Esports Odds Though it started as a casino, BC.Games has evolved into a versatile sportsbook with support for top esports like LoL and event-based Fortnite competitions. It accepts over 60 cryptocurrencies and gives daily free spin rewards. 🪙 Supports USDT, ETH, DASH, BTC, TRX, DOGE, LTC, and more 🎮 Covers LoL, Dota 2, CS2, and special Fortnite tournaments 💰 Faucet, rakeback, task bonuses, VIP club 🔓 No KYC for most users Best for: Crypto users looking for frequent rewards, giveaways, and social interaction. 3. Thunderpick – Clean Esports Betting With Fast USDT and BTC Support Thunderpick is designed for esports bettors. It supports a wide range of events across LoL, Fortnite (when covered), CS2, Valorant, and more—backed by a modern, responsive interface. 🎮 Focused esports sportsbook with deep League coverage 🪙 Accepts USDT, BTC, ETH, DOGE, LTC 💻 In-play betting, live odds, and stat integration ⚠️ Light KYC may apply depending on withdrawal behavior Great for: Players who want a clean esports-first experience with multi-crypto deposits. 4. Stake.com – Licensed Platform With League Betting and Crypto Deposits While Stake.com may require KYC in certain jurisdictions, its depth of LoL betting markets is hard to beat. It occasionally covers Fortnite special events and offers licensed crypto betting with fiat-level polish. 🪙 Accepts BTC, ETH, USDT, LTC, TRX, XRP 🎮 Full League of Legends coverage (LCS, LEC, LCK, MSI, Worlds) 🎁 Reload bonuses, challenges, VIP program ⚠️ KYC required in regulated countries Ideal for: High-rollers or pro bettors who want a licensed, full-featured crypto sportsbook. 5. BetFury – Hybrid Esports Platform With Crypto Betting and Missions BetFury offers esports betting across major titles like League of Legends and seasonal Fortnite competitions, with a rewards structure based on missions and staking. 🪙 Accepts BTC, ETH, USDT, TRX, BNB, and more 🎮 Esports betting + slots and dice games 🔓 No KYC required under most use cases 🎁 Cashback, staking, BFG token rewards Great for: Bettors who want to combine esports betting with DeFi-style passive income. Final Thoughts Betting on Fortnite and League of Legends with crypto in 2025 is easier, faster, and more private than ever. You don’t need to upload ID or wait days for verification—you just need a wallet. Dexsport is the top pick for its no-KYC, multi-chain, DeFi-native design BC.Games and Thunderpick are strong options for rewards and UX Stake.com and BetFury offer depth for those who want a mix of esports, casino, and passive perks Whether you're backing Faker in the LCK or wagering on Fortnite eliminations, these crypto platforms give you instant, trustless access to the action. Disclaimer: This article is for informational purposes only and does not constitute financial, gambling, or legal advice.
Fundstrat co-founder Tom Lee, known for his bold predictions about Bitcoin and cryptocurrencies, spoke about Bitcoin and Ethereum (ETH). Speaking to Bankless recently, Tom Lee said he predicts Ethereum could overtake Bitcoin thanks to its use cases on Wall Street. Lee argued that Ethereum could deliver 100x returns and potentially reverse Bitcoin's market value thanks to its rapid adoption on Wall Street and Ethereum's central role in blockchain infrastructure. At this point, Lee stated that he sees Ethereum's current state as a “2017 Bitcoin moment” where institutional investors are just starting to enter. “If I had to invest my entire fortune for the next 10 years, I would choose Ethereum (ETH) over Bitcoin (BTC).” He assessed that Ethereum, as a next-generation core technology, is currently experiencing upward momentum similar to the one seen in 2017. He also predicted that the growth of stablecoin and tokenization markets would greatly benefit Ethereum. Tom Lee recently released his Ethereum price prediction. He stated that he expects ETH to reach $7,000-$15,000 by the end of the year, and possibly $20,000 in the long term. *This is not investment advice. Continue Reading: Tom Lee, the previous bull, has made a big bullish prediction for this altcoin! "I would buy it over Bitcoin (BTC)!"
Crypto ETFs made a strong showing on Wednesday, pointing to a fresh wave of investor optimism. Bitcoin funds were the clear front-runners, pulling in more than $90 million in inflows, with Ethereum ETFs adding another $35 million. After several subdued weeks, the renewed momentum suggests sentiment is starting to improve as markets show signs of steadying. Within this landscape, Bitcoin Penguins (BPENGU) is rapidly gaining recognition as a meme coin project that pairs community spirit with a credible, forward-thinking structure. BPENGU brings Penguins to the blockchain Bitcoin Penguins is a next-generation meme coin that elevates the playful imagery of penguins into a serious contender for the altcoin spotlight. Unlike projects that rely solely on internet culture, BPENGU introduces layered utility linked to ongoing engagement and rewards. Its core identity is built around community participation and accessibility: On-Chain Penguin economy: BPENGU leverages Solana’s fast, low-cost blockchain to facilitate high-volume trading, staking, and participation in exclusive NFT drops and airdrops. This technology backbone allows users to transact and engage in community events with minimal fees. Gamified holder experience: BPENGU keeps things exciting with weekly challenges and competitions that give holders a chance to win Bitcoin. It’s not just about holding a token, it’s about being part of something active and rewarding. Cultural and charitable mission: BPENGU isn’t just another crypto project. Through its Penguin Charity Fund, it supports causes like wildlife conservation and environmental protection. And with playful but bold ideas on the roadmap like the “Buy Antarctica” campaign, it’s showing how meme coins can stand for something bigger. Platform for creators: BPENGU plans to integrate with artists, NFT creators, and game developers, providing a stage for external creatives to contribute new penguin-themed assets and games, further broadening the token’s appeal beyond crypto traders. Gaining momentum: A community-driven surge BPENGU is not gaining traction by chance. The project’s growth strategy centers on uniting and engaging its community through weekly Bitcoin competitions, NFT partnerships, and fun social campaigns, all designed to expand brand reach and keep excitement levels high throughout the presale. This ever-expanding “waddle” is already active across X (Twitter), Telegram, and Discord, rallying around the now-famous line: “Penguins don’t sell. Penguins just HODL.” The ambitious roadmap targets 1 million holders by year’s end, cross-chain launches, and even playful global missions like the “Buy Antarctica” campaign, all fueling momentum and media attention. Strategic brand partnerships and viral outreach promise to anchor BPENGU as more than a fleeting meme: it’s aiming for top-tier, mainstream status. Why is it the perfect time to buy BPENGU? The confluence of regulatory clarity, renewed institutional participation, and a tight 30-day presale schedule has created a unique opportunity for investors seeking high-upside, community-powered projects. Early buyers benefit not only from lower entry prices but also from a transparent structure: tokens go live on exchanges September 2, there’s neither an open-ended wait nor uncertainty about launch. In a market hungry for narratives and tangible timelines, BPENGU’s disciplined roadmap, strong community engagement, and limited token supply stand out. Every new stage and sold token increases anticipation and, potentially, returns for early backers. With a strict cap, real momentum, and enthusiastic community, BPENGU offers the kind of high-energy, high-reward entry point that defined past meme coin breakouts. If you’re looking for the next meme project with serious ambitions, now is the time to join the waddle. Learn more and purchase BPENGU at the official site . The post Meme coins to buy before they blow up: why BPENGU leads the pack appeared first on Invezz
BlockBeats News, August 7th, according to rockflow market data, the pre-market trading gains of US cryptocurrency-related stocks expanded, including:Coinbase (COIN) pre-market gain of 2.93%Circle (CRCL) pre-market gain of 3.15%MicroStrategy (MSTR) pre-market gain of 1.30%Bitmining (BMNR) pre-market gain of 7.65%BTCS (BTCS) pre-market gain of 9.52%Bit Digital (BTBT) pre-market gain of 5.52%SharpLink Gaming (SBET) pre-market gain of 7.95%BlockBeats previously reported that Bloomberg stated Trump is set to sign an executive order on Thursday to allow 401(k) retirement funds to invest in alternative assets such as private equity, real estate, and cryptocurrency.
The landscape of online gambling is evolving with the rise of blockchain technology, allowing for more secure and versatile betting platforms. In 2025, a new wave of multi-chain crypto casinos has emerged, allowing players to gamble using various cryptocurrencies from a single wallet. This integration supports major and minor digital currencies across different blockchains, enhancing accessibility and user experience. Introduction to Multi-Chain Casinos Multi-chain crypto casinos cater to the needs of the modern gambler by supporting multiple cryptocurrencies. Utilizing wallets like MetaMask or Trust Wallet, these platforms offer a one-stop gambling experience across various blockchains such as Ethereum, TRON, and Solana. Leading Multi-Chain Crypto Casinos Dexsport: The Frontier of Decentralized Betting At the forefront is Dexsport , a pioneer in the decentralized gambling sector. The platform allows users to connect directly through their blockchain wallets, ensuring privacy and freedom from KYC requirements. Players can enjoy a vast selection of games, from traditional slots to sports betting, using over 38 different cryptocurrencies. Community-Driven Betting at BC.Games BC.Games stands out with its vibrant community and a broad spectrum of supported tokens. This platform is not just a casino but a social space where players can interact and share experiences while enjoying numerous games like blackjack and dice. Cross-Chain Functionality with BetFury Originally a TRON-based platform, BetFury has expanded to support a range of other cryptocurrencies, providing a comprehensive casino and sportsbook solution. It's perfect for players looking for a blend of classic and modern betting experiences. Benefits of Using Multi-Chain Casinos These casinos offer several advantages, including faster transactions, reduced fees, and access to a wider variety of games. Additionally, the support for multiple blockchains means that players can bet with different cryptocurrencies without the need to exchange them on an external platform. Key Features Across Top Platforms Decentralized Betting: Platforms like Dexsport provide a fully decentralized gambling environment, enhancing security and transparency. Wide Range of Games: From slots to live sports betting, these casinos offer thousands of games to cater to all types of gamblers. No KYC Requirements: Most multi-chain casinos do not require KYC verification, offering anonymity and a quick start to betting. Community and Rewards: Sites like BC.Games emphasize community interaction accompanied by rewards and bonuses, enhancing the player's overall experience. Choosing the Right Multi-Chain Crypto Casino When selecting a multi-chain crypto casino, consider factors such as the number of supported cryptocurrencies, the variety of games offered, and the level of decentralization. Platforms like Dexsport are ideal for users seeking a robust decentralized system with extensive crypto options. Conclusion The rise of multi-chain crypto casinos represents a significant shift in online gambling, catering to a tech-savvy audience looking for security, privacy, and versatility. These platforms not only broaden the scope of betting options but also promote a more inclusive and flexible gambling environment. Disclaimer: This content is for informational purposes only and should not be taken as financial, gambling, or legal advice.
In 2025, crypto gamblers want more than just Bitcoin support—they want speed, privacy, low fees, and flexibility. That’s why multi-chain crypto casinos are leading the charge. These platforms let you connect one wallet (like MetaMask, Trust Wallet, or WalletConnect) and instantly bet with dozens of tokens across multiple blockchains. Whether you're into slots, live dealer games, roulette, or sports betting, the platforms below support everything—from Ethereum and BNB Chain to Polygon, TRON, Solana, and TON—all from one wallet. 1. Dexsport – Best Web3 Multi-Chain Casino With True Wallet-Native Access Dexsport is the most advanced multi-chain gambling platform in Web3. It’s fully decentralized, requires no KYC, and supports wallet-based login from day one. You can bet instantly with 38+ cryptocurrencies across 20 blockchains—including BTC, ETH, USDT, SOL, TRX, BNB, TON, MATIC, and DASH. Why It’s #1: 🔐 No account, no KYC—connect MetaMask, WalletConnect, or Telegram 🪙 Support for 38+ coins across Ethereum, BNB Chain, TRON, Polygon, Solana, TON, and more 🎰 Over 10,000+ games: slots, live roulette, crash, and sportsbook 📊 Transparent bet desk showing real-time wagers and outcomes 🎁 Weekly cashback, Turbo Combo odds boosts, freebets ✅ Audited by CertiK and Pessimistic Ideal for: Players who want a true DeFi betting experience—fast, anonymous, and flexible. 2. BC.Games – Community Casino With Wide Token Support and Faucet Rewards BC.Games offers one of the most active crypto casino ecosystems, with built-in social features and strong multi-chain support. It accepts 60+ cryptos and frequently adds support for Layer 2s and alternative chains. 🪙 Accepts BTC, ETH, USDT, TRX, DOGE, MATIC, SOL, and more 🎡 Thousands of games, from dice to live blackjack 🔓 No KYC under standard use 🎁 Free faucet, spin wheel, daily rewards, rakeback Best for: Bonus hunters and players who enjoy social interaction with multi-chain flexibility. 3. BetFury – TRON-Based Platform With Cross-Chain Casino & Sportsbook Originally built on TRON, BetFury now supports a variety of chains and tokens. With casino games and a sportsbook in one place, you can use your TRX, BNB, ETH, or USDT to bet on both slots and football. 🪙 Supports TRON, BNB, ETH, USDT, BTC 🎮 6,000+ games, live betting, crash, dice, and more 💰 BFG staking, cashback, daily missions 🔓 KYC-free for most users Ideal for: Users who want a mix of DeFi and centralized gaming with rewards and fast cashouts. 4. TrustDice – Minimalist Multi-Chain Platform With Provably Fair Games TrustDice offers simple, transparent crypto gaming with provably fair outcomes. Its cross-chain support covers ETH, BTC, EOS, USDT, MATIC, and others. 🎰 Focused game selection: dice, roulette, crash, and basic slots 🔐 Wallet login and optional registration 🎁 Faucet rewards and XP leveling 🪙 Accepts multiple blockchains Great for: Users who value fairness and low-friction access over flashy interfaces. 5. Vave – Slick Casino With Multi-Coin Wallet Access and Fast Live Games A newer casino with strong token diversity, Vave supports multiple chains and offers instant login with crypto wallets—plus a wide game selection. 🪙 Accepts USDT, ETH, BTC, LTC, TRX, MATIC 🎰 3,000+ games with top-tier providers 🎁 Reload bonuses and odds boosts 🔓 No KYC in most cases Perfect for: Users seeking a modern, fast-loading UI and clean experience across multiple tokens. 6. Stake.com – Well-Known Brand With Broad Token Coverage Stake.com continues to grow as a licensed crypto casino with wide coin support and seamless deposits across ETH, BNB Chain, TRON, and more. 🪙 Accepts BTC, ETH, USDT, LTC, TRX, XRP 🧾 KYC required in some regions 🎁 VIP bonuses, reloads, weekly races 🎡 2,000+ games, sports, and live dealers Best for: Players who want brand trust and licensing, even with KYC. 7. Thunderpick – Multi-Crypto Casino With Fast Betting and Esports Edge Thunderpick lets you bet in USDT, ETH, BTC, LTC, and DOGE, while offering instant wallet top-ups across chains. The platform is fast, modern, and optimized for both casino and esports users. 🪙 Cross-chain support via centralized wallet 🎰 Live roulette, slots, and quick spin games 🧾 Light KYC depending on activity ⚡ Fast bet resolution Best for: Casual players looking for slick UX and clean interfaces. 8. Rollbit – Multi-Coin Casino With Lootboxes and Trading Mechanics While focused on BTC and ETH, Rollbit supports additional cryptos and enables one-wallet access to casino, sportsbook, and NFT-style rewards. 🪙 BTC, ETH, USDT, and more 🎮 Lootboxes, live tables, roulette 🎁 Free bets, bonus wheel, XP leveling 🔓 No KYC unless flagged Best for: Players who love gamified experiences with Web3 feel. 9. Gamdom – Social Casino With Multi-Chain Support and Fast UI Gamdom gives players easy access to roulette, slots, and crash using various cryptos across blockchains. Its faucet and coin drops make it ideal for frequent users. 🪙 Accepts BTC, ETH, USDT, LTC 🎡 Live roulette, wheel, jackpot games 🔓 No KYC unless suspicious activity 💰 Frequent giveaways and rakeback Great for: Players who want quick rounds, casual play, and crypto perks. Final Thoughts In 2025, the best crypto casinos don’t just accept Bitcoin—they let you use whatever coin you hold, across whatever chain it lives on. Whether you prefer the speed of Polygon, the privacy of DASH, or the stability of USDT, the casinos above give you one-wallet access to thousands of games. Dexsport is the most complete and private multi-chain platform BC.Games, BetFury, and TrustDice combine token diversity with community rewards Stake.com and Thunderpick offer pro features and established reputations No matter how you spin it, crypto gaming is finally catching up with the wallet-first, chain-agnostic future we were promised. FAQ Section What is a multi-chain crypto casino? A multi-chain crypto casino supports multiple blockchain networks—such as Ethereum, BNB Chain, TRON, Solana, and Polygon—allowing players to use different cryptocurrencies from a single wallet for deposits, bets, and withdrawals. Do I need separate wallets for each crypto chain? Not necessarily. Many of the top multi-chain casinos (like Dexsport) allow wallets like MetaMask or WalletConnect to interact with multiple chains, enabling seamless betting without juggling different apps. Are these casinos KYC-free? Most platforms reviewed—especially Dexsport, TrustDice, and BC.Games—offer no KYC for standard use. Some, like Stake.com and Thunderpick, may require identity verification in certain regions or after hitting large withdrawal thresholds. Can I play games like roulette and blackjack using TRX or MATIC? Yes. Platforms like Dexsport, BetFury, and Vave allow users to play classic casino games with TRX, MATIC, and other chain-native tokens, alongside BTC and ETH. What makes Dexsport the top pick? Dexsport is a Web3-native, smart-contract-powered casino and sportsbook. It supports 38+ coins, requires no registration, is audited by CertiK, and gives users full control via wallet connections—making it the most decentralized and flexible option available. Disclaimer: This article is for informational purposes only and does not constitute financial, gambling, or legal advice.
Trading bots are automated software tools that are used to execute trades depending on predefined
BitcoinWorld Bitcoin Price Surges: BTC Crosses Stunning $116,000 Mark The cryptocurrency world is buzzing with excitement! We’ve witnessed an incredible moment as the Bitcoin price has soared, pushing past the significant BTC $116,000 mark. This phenomenal surge has captured the attention of investors and enthusiasts globally, signaling robust activity in the broader crypto market . What’s Driving This Phenomenal Bitcoin Price Surge? According to diligent monitoring by Bitcoin World, BTC is currently trading at an impressive $116,000 on the Binance USDT market. This milestone isn’t just a number; it reflects growing confidence and various underlying factors propelling the digital asset value upwards. Increased Institutional Adoption: More large corporations and financial institutions are integrating Bitcoin into their portfolios, recognizing its potential as a store of value. This inflow of capital provides significant buying pressure. Supply Dynamics: Bitcoin’s fixed supply and recent halving events contribute to its scarcity, naturally driving up its price as demand increases. Macroeconomic Factors: Global economic uncertainties often push investors towards decentralized assets like Bitcoin, which are seen as hedges against inflation and traditional market volatility. These elements collectively create a powerful upward momentum for the Bitcoin price . Understanding the Significance of BTC $116,000 Reaching BTC $116,000 is more than just a new high; it’s a psychological triumph for the crypto community. This level demonstrates Bitcoin’s resilience and its increasing acceptance as a mainstream financial asset. It validates the long-term vision of many investors who have held strong through market fluctuations. This achievement also positively impacts the overall crypto market , often leading to an ‘altcoin season’ where other cryptocurrencies follow Bitcoin’s lead. The rising tide lifts all boats, and a strong Bitcoin price often paves the way for gains across various digital assets. This significant milestone showcases the growing maturity of the entire ecosystem. Navigating Current Cryptocurrency Trends: What Should Investors Know? While the surge to BTC $116,000 is exciting, understanding current cryptocurrency trends is crucial for making informed decisions. The market remains dynamic, offering both opportunities and challenges. Volatility is Normal: Even during bull runs, price corrections can occur. It’s essential to prepare for potential dips and not panic during fluctuations. Research is Key: Always do your own research before investing. Understand the technology, use cases, and market capitalization of any digital asset you consider. Long-Term Perspective: Many successful crypto investors adopt a long-term strategy, often referred to as ‘HODLing’ (holding on for dear life), focusing on Bitcoin’s long-term growth potential rather than short-term gains. Staying updated on market news and analysis from reputable sources like Bitcoin World can help you navigate these trends effectively. What Lies Ahead for Digital Asset Value and Bitcoin Price? The journey to BTC $116,000 marks a significant chapter, but the story of Bitcoin and digital asset value is far from over. Experts are constantly analyzing market indicators, technological advancements, and regulatory developments to forecast future movements. While predictions vary, the general sentiment points towards continued growth and adoption. The increasing utility of blockchain technology and the expanding use cases for cryptocurrencies suggest a bright future. As more people understand the benefits of decentralized finance, the demand for Bitcoin and other digital assets will likely continue to rise, further solidifying their place in the global financial landscape. The ascent of Bitcoin price above $116,000 is a monumental achievement for the cryptocurrency space. It underscores the growing mainstream acceptance and robust fundamentals driving this revolutionary asset. As the crypto market evolves, staying informed and adopting a strategic approach will be paramount for anyone looking to participate in this exciting financial frontier. This milestone is a testament to Bitcoin’s enduring power and its potential to reshape our financial future. Frequently Asked Questions (FAQs) Q1: What does it mean that Bitcoin has risen above $116,000? A1: It signifies a significant increase in the Bitcoin price , reaching a new high and reflecting strong market demand and investor confidence in this leading digital asset. Q2: What factors contributed to BTC reaching $116,000? A2: Key factors include increasing institutional adoption, Bitcoin’s limited supply (especially after halving events), and global macroeconomic conditions that push investors towards decentralized assets. Q3: How does this surge affect the broader crypto market? A3: A strong Bitcoin price often acts as a catalyst for the entire crypto market , frequently leading to increased interest and price appreciation for other cryptocurrencies, commonly known as altcoins. Q4: Is it safe to invest in Bitcoin at BTC $116,000? A4: Investing in cryptocurrencies, including Bitcoin, always carries risks due to market volatility. It is crucial to conduct thorough research, understand your risk tolerance, and consider a long-term investment strategy. Q5: Where can I monitor the current Bitcoin price? A5: You can monitor the live Bitcoin price on various reputable cryptocurrency exchanges and market monitoring platforms, such as Binance USDT market as mentioned in the article, or other financial news sites. Share the Excitement! Was this article helpful in understanding the recent surge in Bitcoin’s value? Share this exciting news with your friends, family, and fellow crypto enthusiasts on social media! Let’s spread the word about the incredible milestones happening in the world of digital assets. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Bitcoin Price Surges: BTC Crosses Stunning $116,000 Mark first appeared on BitcoinWorld and is written by Editorial Team
Shares of Bitcoin miner IREN Ltd surged 11.4% on Wednesday after the company posted $86 million in revenue for July, surpassing industry giant MARA Holdings in monthly Bitcoin production. The Australian-based firm reported mining 728 BTC, outpacing MARA’s 703 BTC, despite operating with a smaller deployed hashrate—50 EH/s compared to MARA’s 58.9 EH/s. IREN maintained an average hashrate of 45.4 EH/s in July, indicating strong operational uptime across its fleet. This outperformance comes at a time when Bitcoin mining has become more challenging due to increased network difficulty, which typically raises power demands and reduces profit margins for less efficient miners. While MARA’s July performance dipped slightly from June, the firm recently reported robust Q2 earnings with a 64% year-on-year revenue increase to $238 million, and maintains the second-largest Bitcoin treasury among public firms at 50,000 BTC —second only to MicroStrategy. IREN Rockets Past Competitors in Market Value Following the earnings announcement, IREN shares closed at $18.32, lifting its market cap to $4.11 billion. This puts IREN just behind MARA in terms of public miner valuations and ahead of rivals like Riot Platforms and Core Scientific . Notably, the company’s revenue stream is no longer entirely dependent on Bitcoin. Of the $86 million in July, $2.3 million came from its growing AI cloud division. This pivot reflects IREN’s strategy to diversify its business by leveraging its infrastructure for high-performance computing. Co-founder and co-CEO Daniel Roberts said the firm is witnessing “accelerating interest” in its Nvidia Blackwell GPUs, designed for AI workloads. The company acquired 2,400 units in early July and has already received the first shipment of 256 GPUs. Roberts emphasized that operating Bitcoin mining rigs alongside AI hardware highlights IREN’s “adaptability and long-term market strategy.” From Overvalued to Overperforming IREN’s strong July follows a sharp turnaround in investor sentiment. About a year ago, short-seller Culper Research criticized the company as “wildly overvalued” and unprepared to compete in the AI space. The firm likened IREN’s ambitions to entering the Monaco Grand Prix with a Toyota Prius. At the time, the company’s stock dropped from $12.31 to $5.59, but in the past four months, it has staged a dramatic recovery—rallying 227% to reclaim investor confidence and establish itself as a serious player in both Bitcoin and AI sectors. The post IREN Shares Jump 11% After Beating MARA in Bitcoin Output, Expands AI Focus appeared first on TheCoinrise.com .
Meta has deleted over 6.8 million WhatsApp accounts connected to scam groups running crypto fraud schemes , often known as "pig butchering".