Almost 70% of Bitcoin Transactions Are Made by Runes
Following the Bitcoin network’s halving event on April 20, a new token standard called Runes has become dominant, accounting for more than two-thirds of all Bitcoin transactions.
NFT Marketplace Magic Eden Rolls Out a Platform for Runes
On Monday, Magic Eden launched their new platform for Bitcoin Runes, called the Runes Platform.
JPMorgan: Bitcoin is a Scam
JPMorgan CEO Jamie Dimon stated that Bitcoin lacks the necessary qualities to be considered a currency.
Bitcoin Transaction Fees Rise Driven by Runes Launch
The Bitcoin network has recently seen a rise in transaction fees, with the average reaching over $16 according to a 7-day moving average.
Bernstein: Bitcoin Will Hit $150,000 After Halving
Analysts at analyst and brokerage firm Bernstein expect Bitcoin to resume its upward trajectory after halving.
Grayscale’s GBTC Outflows Reach $166M
The GBTC crypto exchange-traded fund (ETF) has seen large amounts of money and Bitcoin being removed from its holdings on Friday, April 12.
Tim Draper: Bitcoin Will Hit $250K This Year
Renowned investor and billionaire Tim Draper has high expectations for the value of the first cryptocurrency, predicting that it will triple to $250,000 by the end of the year.
