After the Bitcoin halving on April 20, which marked the Runes token’s debut, its usage has significantly increased, accounting for approximately two-thirds (68%) of all Bitcoin transactions. Based on data from Crypto Koryo’s Dune Analytics platform, approximately 2.38 million Runes transactions have been completed. The most transactions occurred on April 23, with a total of … Read more
A notepad with the words “Buy Bitcoin” written on it, which gained global interest during a 2017 Congressional hearing when it was briefly displayed behind Janet Yellen (formerly the Chair of the US Federal Reserve), has been sold for an astonishing amount of 16 Bitcoins. With each Bitcoin currently valued around $64,283, this sale translates … Read more
The world’s cryptocurrency markets experienced a significant drop, but according to Santiment’s data, most crypto tokens presently reside in a favorable investment range. Based on information from CoinGecko, the overall value of the crypto market dropped by 4.1% within the last 24 hours and is now at approximately $2.49 trillion. In contrast, the daily trading … Read more
After the introduction of the RUNES protocol, which led to a significant increase in transactions and record-breaking fees, miners may encounter challenges with persistently low fees and a stable hashrate despite the cryptocurrency’s halving event, according to industry experts. Following the latest halving where the Bitcoin reward decreased from 6.25 to 3.125 coins, mining earnings … Read more
The price of Polkadot (DOT) didn’t manage to surpass its 20-day simple moving average (SMA), acting as a significant barrier, causing the token’s value to fall back beneath $7. In recent trading days, DOT showed strong signs of rising, with investors anticipating it to surpass the moving average of the previous two days and reach … Read more