Summary:
Bitcoin network fees increase significantly as Runes launch and halving event nears.
Runes protocol set to launch at Bitcoin block height 840,000, coinciding with halving.
Transaction fees on the Bitcoin network quadruple in the past week.
Runes expected to introduce new fungible token standard, leading to a scramble for minting.
Bitcoin halving event to occur on April 20, cutting miner rewards in half.
Bitcoin Network...
Bitcoin Halving: A Turning Point Amidst Crypto Market Turmoil?
Written on .
Bitcoin, Ethereum, Dogecoin experience a plunge.
Strengthening US Dollar affects the crypto market.
Bitcoin halving event on April 20, 2024, could impact market dynamics.
Market volatility expected to persist due to macroeconomic complexities.
Ethereum struggles to maintain key support levels.
Dogecoin’s price and market sentiment affected by multiple factors.
Crypto Market Turmoil: Bitcoin Halving Amid Strengthening...
$DOGE, Blockchain, Cryptocurrencies, Ethereum, Front page, Main, News
Hong Kong Approves Bitcoin and Ether ETFs
Written on .
Summary:
Hong Kong has received applications for Bitcoin and Ether ETFs from four entities.
If approved, these ETFs could be available for trading as early as April.
ETFs offer an accessible way for investors to gain exposure to cryptocurrencies.
The approval could signal a more favorable regulatory environment for cryptocurrencies in Hong Kong.
ETFs are popular among institutional investors, which could lead to increased institutional...
Altcoin market bleeds
Written on .
The fall
The altcoin market has experienced a notable downturn as of Friday, April 12, 2023, with many altcoins losing a significant portion of their value up to 50% in some cases, especially the riskier ones like meme coins.. This can be seen in the widespread panic selling and the rapid decline in the market capitalization of many altcoins.
A hypothesis of what happened
The hypothesis: It’s difficult to determine whether this...
TON (Toncoin) Rockets into Top 10 Cryptocurrencies: A Deep Dive
Written on .
Summary:
Telegram-associated cryptocurrency, TON (Toncoin), has surged into the top 10 cryptocurrencies by market capitalization.
The recent price surge followed the announcement that the TON wallet will be integrated into the Telegram messaging app, allowing users to directly buy, sell, and trade cryptocurrencies.
TON’s impressive gains have outpaced established networks like Solana, Tron, Polygon, and Litecoin.
Let’s explore...