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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.
As the cryptocurrency market experiences a resurgence amid the ongoing bull run, investors are actively seeking out the best assets to bolster their portfolios. With the SEC's recent approval of twelve Bitcoin spot ETFs, the market's upward trajectory has been further fueled, underscoring the growing interest in digital assets.
Jupiter's (JUP) price was impressive these last couple of days after the platform established its presence in the Decentralized Exchange (DEX) market.
Runes' functionality is based on the concept of runestones, which are protocol messages saved in Bitcoin transaction outputs.
Decentralized liquidity protocol THORChain has achieved a significant feat by netting over $10 billion in its monthly trading volume. Notably, this is the first time that the protocol will be registering such an impressive feat.
TL;DR Record-Breaking Volume: THORChain has achieved a remarkable $10 billion in total monthly trading volume, highlighting its significant growth and the increasing interest in decentralized exchange platforms. Innovation vs.
THORChain achieves a record $10 billion monthly trading volume, but Bitcoin maximalists debate its safety for potential borrowers. Learn more about the platform's milestone and the ongoing debate.
THORChain, a decentralized liquidity protocol, has achieved a significant milestone by surpassing $10 billion in total monthly trading volume for the first time ever. Meanwhile, Bitcoin's price has dropped to $70,095, sparking debate among its supporters about the safety of using THORChain for borrowing.
The decentralized liquidity protocol said March brought record monthly trading volume, while some Bitcoin maxis still have reservations about borrowing on the protocol.
Coinbase International Exchange has announced the addition of support for Fantom (FTM) and THORChain (RUNE);perpetual futures trading. The announcement of FTM-PERP and RUNE-PERP markets noted that the trading is set to commence at 9:30 a.m.
After displaying a negative trend for three consecutive days, the crypto market has recorded a massive bounce back in valuation with top altcoins experiencing a significant bullish reversal in the chart.
TL;DR 2024 Prediction: The value of RUNE could potentially skyrocket to an impressive $18.80 by the end of 2024, particularly in light of Bitcoin's upcoming halving event. 2025-2026 Forecast: By 2025, the price of THORChain could range from $10.34 at the lowest to $34.97 at the highest.
THORChain (RUNE) has made a comeback, participating in the bullish trend to reach a new record high above $10 on March 11, 2024. This significant achievement comes after a nearly two-year period.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $73,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $4,000 mark this morning.
Crypto Price Prediction: Over the past two weeks, the largest cryptocurrency by market cap, Bitcoin has continually surpassed its own record, reaching a new peak at $73571 on Wednesday. As per the Santiment data, this bullish trend has coincided with a notable increase in the number of small Bitcoin wallets, specifically those holding less than
