Bitcoin Developers Teases One Major Trigger For Next Bull Run

coingape.com Some market analysts and developers believe they know the next major catalyst or trend that could drive the price of Bitcoin (BTC) to new levels. Bitcoin Developers Suggest…

New bitcoin addresses at multi-year lows: What’s behind the decline?

finbold.com network activity has shown a significant downward trend in the creation of new addresses, reaching its lowest level since July 2018. Data from market intelligence platform…

Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees

news.bitcoin.com 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…

Flash News: OKX Wallet Announces Integration with Runes Bridge

benzinga.com SINGAPORE, May 18, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for May 18, 2024. OKX Wallet is now integrated with Runes Bridge. This…

Bitcoin Fees Normalize After Runes' Coming Out Party Abruptly Ends

thedefiant.io Runes’ on-chain activity and Bitcoin transaction fees dropped more than 97% in two weeks. Bitcoin’s transaction fees have returned to normal after a brief parabolic spike…

Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes

coindesk.com None Internet Computer-based Bitfinity integrates with the Bitcoin network and allows asset bridging to other blockchains. • None ICP's tech stack will allow applications…

Weekly Roundup 05/17/24 (SAB121 repeal, Paul Ryan on stables, Bitcoin ETF 13Fs) (EP.528)

onthebrink-podcast.com Matt and Nic are back with another week of news and deals. In this episode: The Senate votes to repeal SAB121 Which Democrats defied Biden on SAB121? Chuck Schumer breaks…

Bitcoin Mining Profitability Hits An All Time Low, But Here’s Who Is Still Thriving

forbes.com The halving—a quadrennial event that reduces the number of bitcoins miners generate in each block—dropped Bitcoin’s block subsidy from 6.25 BTC to 3.125 BTC. Miners now earn…

The Curious Case of Bitcoin L2s on Bankless

bankless.com BTC L2s aren't technically real, but there could be a real future ahead for them. Bitcoin has had an explosion in development. New primitives like Ordinals, Runes, and…

Bitcoin Mining Cost Estimate Drops to $45K as Inefficient Miners Exit: JPMorgan

coindesk.com None JPMorgan estimates that the current mining cost for bitcoin miners is around $45,000. • None The launch of the Runes protocol meant the hashrate didn’t immediately fall…

How Are Ordinals Changing How We View NFTs?

cryptonews.com Launched in January 2023, the Ordinals Protocol opened the Bitcoin ecosystem up to the craziness of NFTs, enabling users to inscribe data – images, art, videos, and more –…

Flash News: OKX Teams Up with Leading Runes Projects for Airdrop Campaign Featuring 500 Million Runes Token Prize Pool, Launches Runes Trading Leaderboard

benzinga.com SINGAPORE, May 15, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for May 15, 2024. OKX Teams Up with Leading Runes Projects for Airdrop…

Rare sats and Runes failed to solve Bitcoin’s security budget

protos.com The Bitcoin halving was supposed to be a day of celebration and the end to Bitcoin’s woes of the prior four years. On that late Friday night (and in technical, computer geek…

First Mover Americas: Bitcoin Approaches $63K Ahead of U.S. CPI Data

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates

cryptonews.com In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new…

Bitcoin Won’t Pump Again Until The Fed Cuts Rates, Says Mike Novogratz

cryptopotato.com Galaxy Digital CEO Mike Novogratz thinks Bitcoin’s price action is in for a lengthy sleeper period until the market “narrative” can rear its head. That narrative can come in…

Bitcoin’s Halving Aftermath

coinmetrics.substack.com Get the best data-driven crypto insights and analysis every week: • None Between a record-breaking volume of transaction fees and a massive bid for the collectible “Epic…

Bitcoin Rune etchings plummet by 99%; What’s behind the dramatic fall?

finbold.com In less than a month following its launch on the Bitcoin (BTC) blockchain, the Bitcoin Runes protocol has seen a staggering 99% drop in daily etchings, with numbers…

Bitcoin’s Fundamentals Remain Strong Amid Market Volatility: Bitfinex

cryptopotato.com While the crypto market is far from its March peak, analysts say the fundamentals of the Bitcoin network remain strong. According to the latest Bitfinex Alpha report,…

Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving

cryptonews.com The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.…

Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction

coindesk.com None The Bitcoin Runes protocol experienced a significant decrease in activity and fee revenue after its initial surge after the Bitcoin halving. • None Runes takes the…

Daily Bitcoin Rune Etchings Plummet by 99% Since April Peak

cryptonews.com The number of new Runes etched on Bitcoin daily has experienced a drastic decline, falling below 250 for the past six days. The drop is particularly notable, with only 157…

New daily Runes etched on Bitcoin falls 99% from post-halving peak

cointelegraph.com Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.

3 Week Post-Launch: Runes Protocol’s Activity Sees Substantial Decrease

cryptopotato.com Since its much-hyped debut during the latest Bitcoin halving, activity on the Runes protocol has experienced a significant downturn. The protocol, which allows users to…

Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows

cryptonews.com Bitcoin mining firms are scaling back the use of their computer fleets after industry revenues crunched substantially last month, according to a May 13 Coinshares report.…

Runes Protocol Activity Shows Dramatic Decline 20 Days After Launch

bitcoinnews.com Three weeks after its much-anticipated launch, the Bitcoin Runes protocol, a novel addition to the Bitcoin blockchain, is experiencing a notable decline in activity.…

CryptoPunks Lead NFT Sales Amid Bitcoin Runes Downturn

beincrypto.com In the non-fungible tokens (NFTs) market, CryptoPunks and Pudgy Penguins, Ethereum (ETH)-based NFT collectibles, have emerged as leaders in sales over the past 24 hours.…

Bitcoin Runes Activity Plummets after Generating $135M in Fees

coinspeaker.com Coinspeaker Bitcoin Runes Activity Plummets after Generating $135M in Fees The Bitcoin Runes protocol, a decentralized finance (DeFi) platform introduced on April 19 to…

Is Bitcoin Runes back to square one? Declining activity raises questions

ambcrypto.com Fees generated by Runes to Bitcoin have fallen to 21.1% after an earlier dominance of 77.3%. • Declining activity on the protocol and Ordinals have led miners’ revenue to…

Satoshi-Era Bitcoin (BTC) Addresses Awakens With Massive Gains

coingape.com In a trend that now comes off as the norm, 2 Bitcoin (BTC) whale addresses with over a decade in dormancy has reawaken. The two addresses, marked by the markers “16vRqA” and…

Bitcoin Runes Sees Slowdown in Activity After Initial Surge

coingape.com Bitcoin’s novel Runes protocol, launched in conjunction with Bitcoin recent halving on April 19, has witnessed a significant slowdown after its initial surge. The protocol’s…

Magic Eden Unveils New TypeScript To Boost Runes Protocol

coingape.com Magic Eden, a prominent player in the blockchain space, has recently unveiled a groundbreaking development: the release of an open-source TypeScript library named…

HOW TO BUY BITCOIN MEME TOKENS

youtube.com Ordinals are NFT's on the bitcoin block chain and Runes are the tokens. Meme tokens for right now but maybe something MUCH ...

The BTC Halving's Grave Warning on Bankless

bankless.com Bitcoin likely can't keep on with business as usual. Bitcoin’s 4th Halving in the books, with the event programmatically slashing the network’s inflationary BTC block reward…

After billionth Bitcoin transaction, a look at the network’s evolution

blockworks.co Activity on the Bitcoin network has evolved over the span of a billion transactions, with the latest usage starting to resemble that of Ethereum in 2020. Bitcoin transaction…

Bitcoin’s New Runes Protocol Fuels Sky High Transaction Fees

thedefiant.io Runestones have dropped 70% after an airdrop snapshot was taken on April 21. Bitcoin’s fourth halving has brought a new Ordinals-based protocol that is taking the…

Arthur Hayes Says Ordinals ‘Bring Human Culture’ To Oldest Crypto Community

thedefiant.io The investor’s fund, Maelstrom, is focused on assets that gave rise to crypto meme culture. Arthur Hayes is very bullish on Ordinals and memecoins. As the nascent Ordinals…

Bitcoin Network Fees Soar as Runes Launch Nears

thedefiant.io The hype around the new fungible token standard has reached a fever pitch ahead of the imminent Bitcoin halving. Transaction fees on the Bitcoin network have quadrupled,…

Joltz Simplifies Access To Taproot Assets

bitcoinnews.com While some view bringing stablecoins and other assets onto Bitcoin as an impediment to its progress, others see them as key stepping stones on the way to…

Bitcoin 'Epic Sat' That Sold for $2 Million Used to Inscribe Ordinals Art

decrypt.co A Bitcoin “epic satoshi,” or a particularly rare version of the smallest denomination of BTC, was sold for 33.3 BTC in April—around $2.1 million at the time. Now it has been…

Bitcoin Runes Haven't Lived Up to the Hype? It's Still Too Early to Say

decrypt.co Runes, the new fungible token standard on Bitcoin, had enthusiasts buzzing when it launched in April amid the quadrennial Bitcoin halving event. But less than a month later,…

Layer-1 Landscape

coinmetrics.substack.com Get the best data-driven crypto insights and analysis every week: • None The innovations taking place across Layer-1 platforms is heating up, bringing changes that require…

Milestone: Bitcoin Network Processes One Billionth Transaction

bitcoinnews.com Bitcoin has reached a significant milestone as it processed its one billionth transaction, marking a monumental achievement for the network since its inception 15 years ago.…

Bitcoin mining revenue hits yearly low: Is BTC’s security at risk?

finbold.com Bitcoin’s (BTC) mining revenue plunges to new lows following the halving event, raising concerns about the network’s security and profitability for miners. Daily revenue…

Bitcoin mining difficulty set for sharpest drop since FTX collapse

cryptoslate.com Quick Take Bitcoin’s mining difficulty is on the brink of its most significant downward adjustment since the FTX collapse in December 2022. Newhedge forecasts a reduction of…

Why Bitcoin miners are not selling right now, explained

ambcrypto.com None Bitcoin’s miner revenue has fallen to its lowest in the last year. • None This is due to the recent decline in network activity. Per Bitcoin’s [BTC] Miner Position…

Bitcoin Miner Revenue Per Terahash Hits Record Weekly Moving Average Low

unchainedcrypto.com Bitcoin miners are likely starting to feel the weight of the lower block subsidy post halving, as profit margins shrink in light of lower average revenue per terahash. Data…

Mining revenue soared 200% in wake of ‘abnormal’ Bitcoin memecoin trading frenzy. But will it last?

dlnews.com The Bitcoin halving occurred in the early hours of Saturday, London time. The event slashed in half the amount of Bitcoin awarded to miners for maintaining the blockchain.…

Crypto's Bitcoin Runes Fever on Bankless

bankless.com Runes launch. The launch of Runes, a new protocol for minting fungible tokens on Bitcoin, did live up to the hype, at least initially. Are Runes a short-lived fad, or could…

First and largest Bitcoin Rune is down 85% in a month

protos.com Bitcoin was supposed to gain a new suite of features after its 4/20 Halving date thanks to Casey Rodarmor’s Runes, his new fungible token protocol. User numbers and prices…

Runes and BRC-20s are just a stepping stone for Bitcoin DeFi

cointelegraph.com Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.

Bitcoin Sees Modest Gains as Network Processes Its 1 Billionth Transaction

decrypt.co Bitcoin began Monday trading above $65,000 for the first time in more than a week. It's since retraced slightly, but is still 0.5% higher than it was this time yesterday.…

Bitcoin Hits New Milestone, Processes One Billion Transactions

cryptopotato.com The Bitcoin network has achieved a new milestone: one billion processed transactions, 15 years, four months, and four days after its genesis block was mined. According to…

Bitcoin Network Surpasses One Billion On-Chain Transactions

thedefiant.io The Bitcoin network processed its billionth on-chain transaction more than 15 years after launching. The transaction was contained in Bitcoin’s 842,241st block and was mined…

Bitcoin network celebrates 1 billion transactions as a Satoshi-era wallet awakens

cryptoslate.com Bitcoin network processed its one billionth transaction 15 years after it mined its genesis block in January 2009. Notably, the network achieved this milestone the same day…