Bitcoin Runes loses all momentum by 2024 end
The Bitcoin Runes protocol, which had a daily transaction count of over 750,000 on April 23, now struggled to reach 100,000 in December. Go to Source
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Rebar aims to launch Bitcoin-native MEV Shield by end of 2024: CEO
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce. Go to Source
Bitcoin Runes protocol sees sharp decline in popularity
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance. Go to Source
Why is Bitcoin DeFi blooming? Developers share their insights
Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate. Go to Source
Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor
Although Bitcoin-based decentralized applications (dapps) have been known to replicate or copy Ethereum dApps, Jeff Yin, founder of Merlin Chain, believes there is a growing impetus to build bitcoin dapps that are distinguishable from ether-based dapps. Yin, however, noted that the synchronization between bitcoin-based dapps and the Ethereum Virtual Machine (EVM) dapps still benefits the … Read more
Bitcoin reclaims blockchain dominance post-BTC halving
Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume. Go to Source
Bitcoin Runes racks up over 2500 BTC in fees under 2 months
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving. Go to Source
Study: Ordinals and Runes Reach $1 Billion Market Cap
In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling a robust expansion within the Web3 sphere. Report Reveals Emerging Dynamics in Bitcoin Ordinals … Read more
Bitcoin Runes outperforms BRC-20 in onchain activity
Since April 2024, Runes have led Bitcoin network activity, outpacing both Ordinals and BRC-20 in transaction share. Go to Source
Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes
Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network due to its unmatched data permanence, a new report has claimed. The study also found that the protocol’s impending cost-reduction upgrade renders it an attractive option for long-term projects and investments. SRC20’s Unmatched Data Permanence According … Read more
