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Bitcoin Runes protocol sees sharp decline in popularity
18.7.2024
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
16.7.2024
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks....
Did Bitcoin Runes already peak?
30.6.2024
Tokens on the Runes Protocol are down from their peak, but don't count them out yet. The protocol is less than three months old — and it's just getting started
Runes TXs on Bitcoin have tanked over 88% this month
30.6.2024
Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24
Why is Bitcoin DeFi blooming? Developers share their insights
24.6.2024
Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate
Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor
23.6.2024
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...
Bitcoin reclaims blockchain dominance post-BTC halving
21.6.2024
Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume
Bitcoin Runes racks up over 2500 BTC in fees under 2 months
17.6.2024
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving
An Introduction to Bitcoin Ordinals
16.6.2024
Bitcoin Ordinals have emerged as a novel way to enhance the functionality and use of Bitcoin, the original cryptocurrency. By leveraging Bitcoin’s blockchain in a new and innovative manner, Ordinals bring unique value propositions and helps to revitalize Bitcoin’s developer community....
Study: Ordinals and Runes Reach $1 Billion Market Cap
13.6.2024
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...
Bitcoin Runes outperforms BRC-20 in onchain activity
12.6.2024
Since April 2024, Runes have led Bitcoin network activity, outpacing both Ordinals and BRC-20 in transaction share
You May Not Like It, but Casey Rodarmor Proves Bitcoin Is Permissionless
4.6.2024
The creator of the Ordinals and Runes protocols discussed his motivations on stage at Consensus 2024
Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap
4.6.2024
A meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days
Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes
27.5.2024
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...
Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance Redefined
24.5.2024
Transactions attributed to the Runes protocol accounted for over 50% of all Bitcoin transactions between April 20 and 24; however, by May 2, this figure had dropped to 11.1%
FTX estate offloads the last of its highly discounted Solana tokens
24.5.2024
The estate charged with overseeing the FTX bankruptcy has auctioned the last of its highly discounted SOL tokens to Pantera Capital and Figure Markets
Bitcoin Runes hype fades, transactions plummet 84%
23.5.2024
Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
18.5.2024
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes...
Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes
17.5.2024
The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
14.5.2024
User activity has plunged after a hyped run-up to the start of the Runes protocol , which was expected by some to mirror Solana’s meme coin ecosystem