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RUNE's price has fallen by almost 15% in the last week. The decline follows a significant surge in ThorChain's transaction volume.

The ongoing recovery trend in RUNE price has taken a more steady approach under the influence of an expanding channel pattern. In the past two months, the prices have rebounded twice from the lower trendline and twice from the upper trendline, indicating its strong influence on market participants.

THORChain's leading exchange also updated its terms of service, introducing new blocks on countries sanctioned by the United States.

The RUNE price action displays a phenomenal rising channel pattern in the daily chart. Following the 90% jump in August, the Thorchain coin price continues to sustain a bullish trend in motion. Currently, the altcoin displays a year-to-date growth of 33% despite a highly volatile year.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $27,000 level on Thursday. Ethereum (CRYPTO: ETH), also moved lower, trading below the key $1,600 mark this morning.

The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all criminal actions.

About 95.7% of the $1 billion volume were from exploits. While the project tries to find a solution to the illicit funds, its token RUNE is starting to feel the heat.

THORSwap, a decentralized exchange (DEX) that supports multiple blockchains atop the THORChain network, announced that it had paused activity. The exchange has moved to “maintenance mode” after detecting a series of illicitly-linked funds had been funneled through the platform.

ThorChain transaction volume hits record high, with total numbers exceeding $1B in past 5 days.

Cryptocurrency prices nosedived on Tuesday as concerns about the bond market intensified. Bitcoin, the biggest coin in the world, dropped by more than 3% to a low of $27,500. Similarly, Ethereum tumbled by 4% to 1,658%. Rising bond yields Some of the worst-performing altcoins were Pepe, Sui, ThorChain, Arbitrum, and Optimism.

In a significant turn of events, THORChain's (RUNE) price has breached the formidable $2 threshold, marking a momentous milestone for this cryptocurrency. The climb to this new yearly high, observed on October 1, has sparked optimism among crypto enthusiasts and investors alike.

ThorChain's RUNE token experiences a price surge, but data suggests that its role in enabling criminal activities could pose challenges.

According to insights from a blockchain security firm, the hackers have stolen around $13 million from crypto exchange CoinW.

THORChain (RUNE) moved above the $1.95 resistance area on October 1, reaching a new yearly high of $2.27 in the process.

Bitcoin tends to rally in October, possibly opening the door for MKR, AAVE, RUNE, INJ and other altcoins.

The crypto market gained an upward momentum during the week starting 25 September. Meanwhile, some digital tokens capitalized on the enhanced cues to register double-digit gains. Bitcoin Cash (+13%), Chainlink (+15%), Maker (+13%), and THORChain (+14%) flourished this week, and Santiment expects more uptrends into October.

THORChain (RUNE) has traded in a range between $1.45 and $1.05 since the beginning of August. More recently, the price reached the top of the range on September 18 but faced rejection.

Casey Rodarmor, the creator of Bitcoin Ordinals, has pitched a new token protocol for Bitcoin, Rune, which he claims addresses the shortcomings of BRC-20.

Google's Bard AI was asked to find the best DeFi coins in today's bear climate. According to the AI tool, Tron's (TRX) recent partnership with Curve Finance makes it a contender. Likewise, MetaMask's support for THORChain could bring strong growth for RUNE. Yet, both projects will likely fall behind Borroe.

After several weeks of price rally, RUNE has begun to lose momentum, with investors "dumping" their holdings to book gains.

Last week, some cryptocurrencies tried to recover after the recent price drop. However, this led them into overbought territory. Weekly cryptocurrency price analysis of TON, RUNE, BCH, VET and AAVE from Coinidol.com.

RUNE outperformed the rest of the cryptocurrency market in August, rallying by 66% due to its low positive correlation with Bitcoin [BTC].

In the realm of crafting compelling content, three vital elements come into play: “complexity,” “variety,” and “unpredictability.

Bitcoin looks ready to start a relief rally and this could trigger interest in MKR, AAVE, RUNE and RNDR.