ETH NFTs in the Banana Zone on Bankless

bankless.com Last month, Real Vision cofounder and CEO Raoul Pal said crypto seemed to be on the verge of the , where majors and altcoins rally hard as new all-time highs (ATHs) are…

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…

4 catalysts that could drive bitcoin's next big rally

aol.com None Bitcoin has rallied more than 60% in 2024, driven by January's spot ETF approval and the recent halving event. • None Developers have been working to add functionality…

Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance Redefined

cointelegraph.com 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%.

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…

Grayscale Launches New Investment Trusts With Exposure To Bitcoin Layer 2 Projects

coingape.com Grayscale has introduced two new investment trusts, providing accredited investors with access to Bitcoin layer-2 networks like Stacks and NEAR Protocol. Moreover, these new…

Self-custodial Wallet MetaMask Plans Bitcoin Integration Soon: Report

beincrypto.com MetaMask, a leading self-custodial wallet, plans to integrate support for Bitcoin (BTC). Known for its dominance in the Ethereum ecosystem, this move could enhance…

30 days of Runes: Interest fizzles after spectacular launch

cryptoslate.com Runes launched on April 20, the day of Bitcoin’s fourth halving. Fueled by the hype surrounding the much-anticipated halving, they were introduced to the market with a bang,…

Bitcoin Has Traded Mostly Sideways Since the Halving. What Could Boost Its Price?

unchainedcrypto.com Bitcoin’s fourth halving event was completed on April 20th – exactly thirty days ago – and many are wondering if the digital asset’s price will repeat its usual post-halving…

Runes’ Share of Bitcoin Fees Has Dropped Sharply One Month After Launch

unchainedcrypto.com Runes, a new token standard for fungible tokens on Bitcoin, has seen a substantial decline in fees since it first launched one month ago, on April 20. The decline may call…

Kraken and Binance Research Reports Signal Runes Listing: Runes Signal Growth

cryptotale.org The recent launch of the Runes protocol turned out to be a classic “sell-the-news” event, dampening initial enthusiasm as highlighted by Ignas, Co-founder of PinkBrains.…

Omnity Introduces Cross-Chain Transfer Functionality For Runes

thedefiant.io Runes users can now move their assets across Layer 1 and Layer 2 networks. Just ten days after its mainnet launch, Runes, the new protocol for issuing fungible tokens on…

Bitcoin Network Sees Lowest New Addresses Created Since 2018

cryptopotato.com network activity has significantly declined in the creation of new addresses, hitting its lowest point since July 2018. Despite this, though, BTC is trading around $67,000…

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…