The fourth bitcoin halving is here, and with it comes the long-awaited introduction of the Runes protocol. analogous to how Ethereum uses ERC-20, Runes serves as the new standard for creating fungible tokens on the bitcoin platform. Consequently, a diverse array of assets, including meme currencies and governance tokens, can now be developed within the … Read more
Amidst growing excitement about a potential increase in Bitcoin‘s value following the halving event, investments in Bitcoin ETFs in the US saw a turnaround on April 19th, bringing an end to five consecutive days of outflows with inflows totaling $59.7 million. This surge was primarily driven by FBTC, which recorded $54.8 million in new investments, … Read more
Gavin Wood, the founder of Polkadot, has unveiled a document, referred to as the “Gray Paper,” detailing the upcoming enhancements to Polkadot through the Join-Accumulate Machine (JAM) update. During his speech about Polkadot’s upcoming developments at the Token2049 cryptocurrency event in Dubai, Wood shared the news. The Future Of Polkadot Wood asserts that JAM represents … Read more
Bitcoin supporters looked forward to the highly anticipated halving occasion on April 20th. In response, there was increased action on the Nasdaq stock exchange involving Bitcoin mining companies. As the halving approached, investors prepared for possible industry upheavals, leading to a significant increase in share values for some major players. Every four years, the halving … Read more
Matt Hougan, the chief investment officer at Bitwise Asset Management and well-known manager of crypto index funds, believes that the upcoming Bitcoin halving presents an opportunity for investors. Based on historical data, he mentioned in a recent interview with CNBC that post-halving price increases have typically occurred. Every four years, Bitcoin undergoes a process called … Read more