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Runes account for 68% of Bitcoin transactions since launch


In a revelation that has sent shockwaves through the cryptocurrency community, Runes, a revolutionary protocol introduced to the Bitcoin network, has emerged as the driving force behind a staggering 68% of all Bitcoin transactions since its launch. This unprecedented adoption rate underscores...

US spot Bitcoin ETFs’ $120M daily net outflow doesn’t scare investors


The BlackRock iShares Bitcoin Trust (IBIT) experienced something new: no inflow was coming in. Since­ the start of January, IBIT has had millions of investors daily.  BlackRock received almost $15.5 billion through IBIT in just 71 days. But on April 24, the 71-day stre­ak ended as IBIT saw $0...

Marketplaces See Surge in Runes-Based DOG Token Trading, Market Cap Now at $319M


On Thursday, the newly launched Runes protocol token named “DOG•GO•TO•THE•MOON” climbed to the pinnacle of Runes-based tokens in trade volume across non-fungible token (NFT) marketplaces, including Okx’s NFT market and Magic Eden. In 24 hours, the token amassed approximately $13.20 million...

The sign ‘Buy Bitcoin’ which included Janet Yellen, sold for $1 million


A page of a notepad with Buy Bitcoin written on it hung behind Janet Yellen, who was then the United States Federal Reserve Chair, was sold for more than $1 million, equivalent to 16 Bitcoin.  Justin, who turned out to be the highest bidder, goes by another moniker, Squirrekkwrath. The Bitcoin...

Morgan Stanley may permit 15K brokers to suggest spot bitcoin buying


According to a statement released by AdvisorHub, Morgan Stanley could permit 15,000 brokers to suggest buying spot bitcoin exchange-traded funds.  The company is supposedly laying the ground for the suggested buying and the need related to risk factors and bindings on distribution and trading...

Runes Make Up 68% of All Bitcoin Transactions Since the Halving


Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle. The post Runes Make Up 68% of All Bitcoin Transactions Since the Halving appeared first on Cryptonews

Bitcoin Inflation Rate At An All-Time Low


Bitcoin's inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving.  The post Bitcoin Inflation Rate At An All-Time Low appeared first on Cryptonews

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