Latest News

Hermetica, the developers behind USDh, is taking a page from the Ethena playbook to offer holders a 12% to 25% yield during a bull market.

Fireblocks has integrated with THORChain to offer secure custody and transfer of RUNE, enabling seamless cross-chain settlements.

Over the past 30 days, CryptoSlate data shows that Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) have massively outperformed the market. NOT has soared over 170%, while Monero has rebounded 20% over the same period.

Investment company Canaccord Genuity has identified a massive wave of adoption in cryptocurrencies. Exchange coins that might experience growth are becoming more wanted as digital assets gain popularity. DTX Exchange (DTX), Uniswap (UNI) and THORChain (RUNE) have shown promising potential – but one of them stands out. Find out which one.

THORChain launches Trade Assets for efficient and transparent onchain trading.

With $BTC looking ready to make its next big move higher, the altcoins are jockeying for position, and the strongest among them include Solana (SOL), Injective Protocol (INJ), and Thorchain (RUNE).

The cryptocurrency market has recorded a strong bullish reversal by adding 5.52% to its global valuation following the release of the US CPI report for the month of April. Moreover, the price of Bitcoin has successfully reclaimed the $65K mark after recording a jump of 6.87% in its portfolio.

With an overnight jump of 3% in Bitcoin, altcoins are making a turnaround move, boosted by sentiments. Amidst the rising altcoins, RUNE price displays a significant and consistent recovery this week. Starting from the baseline of $4.79, the Thorchain token's value is close to $6.50 within 10 days.

ThorChain (RUNE) is extending its one-week rally, trading above $6.06 after a few days of gradual growth. The asset defied the overall stagnant market mood, recovering from weekly lows of $4.80.

RUNE, the native cryptocurrency of the decentralized liquidity protocol THORChain, surged by 10% in the last 24 hour moving against the broader market tide. As of press time, the THORchain (RUNE) price is trading at $5.92 with a market cap of just under $2 billion.

Despite increased bearish influence in the cryptocurrency industry, the RUNE price has displayed a jump of over 8% within the past day and 23.16% over the past seven days, indicating a rising bullish sentiment for the altcoin in the crypto space.

THORChain is a network that facilitates native asset settlement between Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, and Litecoin.THORChain is secured by its native token, RUNE, which deterministically accrues value as more assets are deposited into the network. RUNEUSD showed a minor pullback after a major correction.

You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.

TL;DR Omnity introduces cross-chain transfer functionality for Runes tokens. Runes users can move assets between layer 1 and layer 2 networks. The integration of Omnity with Runes seeks to reduce congestion on the Bitcoin network.

With spot Bitcoin ETFs losing their hype and impacting BTC's flow, the transaction fee of Rune, a standard for token issuance directly on the network, has seen a significant dip. Rune Transaction Fees Slump Amid Declining Interest According to crypto analytics service provider Glassnode, the transactions registered on the Rune Protocol after the Bitcoin halving

TL;DR OKX Jumpstart introduces RUNECOIN mining through Bitcoin staking. Mining will begin on April 29, 2024, at 7:00 a.m., last for 24 hours, and is expected to generate a total of 367,500,000 RUNECOIN in the BTC staking pool. Mainland China, South Korea, and Hong Kong will not be eligible to participate in the event.

Analyst Crypto Banter took to his latest analysis and shared his expertise on the top-performing tokens for the current bullish cycle, expressing excitement and caution. His number one choice is Arweave (AR). He likes it because it has cool technology that helps solve big problems in crypto.

Despite quirky and long labels, there are already several thousand etchings in the wake of the Bitcoin halving.

First proposed in September 2023, the RUNE protocol has gained significant attention from the crypto industry following its launch. The new token is designed to streamline the fungible tokens on the Bitcoin blockchain. The RUNES protocol minters have already spent more than 80 Bitcoins in fees to acquire these tokens.

Cryptocurrency prices bounced back after Bitcoin's software went through its fourth halving on Friday and as geopolitical risks faded. Bitcoin jumped to over $64,000 while Arweave (AR), Ethena (ENA), and THORChain (RUNE) prices soared by double-digits. Cryptocurrencies outperformed technology stocks, which continued their deep sell-off.

Ethena (ENA) Price Analysis Ethena, an Ethereum-based synthetic dollar protocol, has triggered a bullish breakout beyond the resistance. One of the main reasons behind the surge is anticipated to be followed by a collaboration with Bitget Wallet. This enables users to engage with Ethena via Bitget's wallet browser extension and mobile application.

Merlin Chain's ecological project, UniCross, a great improvement in blockchain applications, formally kicks off Rune Protocol on testnet. This ground-breaking implementation brings about another turning point not only for Merlin chain but also for community of blockchain enthusiasts who are after the cutting-edge of decentralized technology development.

“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute's OTC desk told CoinDesk.

Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the Stone Age, disrupting European defi access for less tech-savvy users.