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Bitcoin Network Fees Soar as Runes Launch Nears

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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 is scheduled to occur on April 20, cutting miner rewards in half. The...

Bitcoin, Cryptocurrencies, Front page, News

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Bitcoin Halving

Bitcoin’s 2024 Halving: Price Expectation

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The countdown to Bitcoin’s 2024 halving event is nearing its end, with the event expected to occur in just a couple of days. This quadrennial event is significant as it will reduce the per-block emission of Bitcoin to 3.125 BTC, effectively cutting the pace of new supply by 50%. This event has historically had substantial impacts on the price of Bitcoin, and the anticipation for this year’s halving is no different. The Mechanism of...

Bitcoin, Front page

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Altcoin market bleeds

Altcoin market bleeds

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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...

Altcoins, Front page, Memecoins, News

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TON (Toncoin) Rockets into Top 10 Cryptocurrencies: A Deep Dive

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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...

Cryptocurrencies, Front page, Guides, News

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Terraform Labs and Founder Do Kwon Found Liable for $40 Billion Fraud

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A Manhattan jury has found Singapore-based Terraform Labs and its founder, Do Kwon, liable for civil fraud charges related to their stablecoin, TerraUSD. The Securities and Exchange Commission (SEC) accused Terraform Labs and Kwon of misleading investors about the stability of TerraUSD and falsely claiming that Terraform’s blockchain was used in a popular Korean mobile payment app. The collapse of TerraUSD in 2022 resulted in investors...

Cryptocurrencies, Front page

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