The DOG token market capitalization has surged past $500 million after launching only days ago, exceeding dozens of top 100 crypto assets
The post Meme coin Dog Go To The Moon surpasses $500 million market cap appeared first on Crypto Briefing.
Runes
Blackrock’s Bitcoin ETF Wallets Hold Over $20,000 in Runes Tokens, Arkham Data Shows
Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over $20,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol. […]Marketplaces See Surge in Runes-Based DOG Token Trading, Market Cap Now at $319M
On Thursday, the newly launched Runes protocol token named “DOG•GO•TO•THE•MOON” climbed to the pinnacle of Runes-based tokens in trade volume across non-fungible token (NFT) marketplaces, including Okx’s NFT market and Magic Eden. In 24 hours, the token amassed approximately $13.20 million in trade volume between these two platforms and now boasts a market capitalization of […]Bitcoin Daily Fees Hit New All-Time High of $80,000,000 Following Launch of Runes: IntoTheBlock
The Runes protocol launch is causing Bitcoin (BTC) daily fees to soar well beyond a prior all-time high (ATH), according to the crypto analytics firm IntoTheBlock. Lucas Outumuro, IntoTheBlock’s head of research, says on the social media platform X that Bitcoin transaction fees soared to $80 million on April 20th, 4x the prior ATH from […]
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Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […]Nearly $85m in fees spent to mint Bitcoin Runes in less than 3 days, data shows
Users expected a 'mempool sniping' frenzy, prompting Bitcoin transactions with high fees to guarantee Runes minting.
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Bitcoin transaction fees stabilize after fourth halving
Bitcoin transaction feese initially faced a short-term surge post-halving, but the network's transaction fees have now stabilized.
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Bitcoin fees crash after record daily average of $128 on halving day
The surge in block fees on the halving day was more than making up for the halved block subsidy miners were hit with — but that’s not the case anymore.
The average fees paid on Bitcoin have sharply fallen just a day after reaching a record average of $128 on April 20 — the day of the fourth Bitcoin halving.
As of April 21, Bitcoin (BTC) fees have fallen to an average of $8-10 for medium-priority transactions, according to mempool.space.
Only one day before, Bitcoin clocked $78.3 million in total fees, beating Ethereum by over 24 times according to Crypto Fees.
Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin in rewards compared to before the halving event […]The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens
While the BRC20 token economy’s market valuation surpasses $2.8 billion, according to one leading market cap aggregation website, tokens derived from the Runes protocol are beginning to experience price discovery following the launch of the new token standard. The following is a look at several popular runes tokens, detailing their supplies and present market values. […]