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BRC20 token economy

DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the Network

DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the NetworkWith the BRC20 token economy maintaining a market capitalization of nearly $500 million, the introduction of the DRC20 token standard has sparked a flurry of excitement within the Dogecoin community. The emerging token type has ignited a surge of activity, leading to a substantial increase in daily transactions on the Dogecoin blockchain. Specifically, on Wednesday, […]

‘Quantum’ Shift Coming to Crypto As Hostile Regulatory Policies Fade Away: Bitwise CIO Matt Hougan

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token EconomyOver the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than […]

‘Quantum’ Shift Coming to Crypto As Hostile Regulatory Policies Fade Away: Bitwise CIO Matt Hougan

BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days

BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five DaysDespite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens Defy the Odds Built atop the Bitcoin blockchain, the recently […]

‘Quantum’ Shift Coming to Crypto As Hostile Regulatory Policies Fade Away: Bitwise CIO Matt Hougan

Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%

Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5. As of now, there are only slightly over […]

‘Quantum’ Shift Coming to Crypto As Hostile Regulatory Policies Fade Away: Bitwise CIO Matt Hougan

Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days

Bitcoin’s BRC20 Token Economy Skyrockets 192% to 9 Million in Just Four DaysFour days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built on Bitcoin Are Now Worth […]

‘Quantum’ Shift Coming to Crypto As Hostile Regulatory Policies Fade Away: Bitwise CIO Matt Hougan