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Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop

[Apr 25 7:43 AM] According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on…

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

[Apr 21 7:15 AM] 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…

Runes Proliferate on Bitcoin, Sparking New Token Sales on Specific Markets

[Apr 20 8:39 AM] In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush to mint runes now dominates block space. Presently, numerous runes exist on the Bitcoin blockchain, with several being…

Runes Protocol to Debut Alongside Bitcoin Halving, Could Boost BTC Ecosystem

[Apr 16 1:31 AM] As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing for the Runes protocol. The concept of Runes was developed by the creator of Ordinals, Casey Rodarmor, and has been met with…

ORDI’s Record Rally — Leading the Charge in Bitcoin’s BRC20 Token Boom

[Dec 26, 2023 11:30 AM] On Dec. 26, 2023, the Bitcoin-based BRC20 token, ORDI, soared to a record $81.34 per coin before declining over 14% from its peak. BRC20s have emerged as significant players in the crypto asset arena, with several tokens mirroring ORDI’s…

Phantom Expands Web3 Wallet to Embrace Bitcoin, Ordinals, and BRC20 Tokens Amid Soaring Demand

[Dec 21, 2023 12:30 PM] Phantom, the Web3 cryptocurrency wallet initially developed for Solana, has expanded to include Ethereum and Polygon, and is now introducing support for Bitcoin, Ordinal inscriptions, and BRC20 tokens. Users of Phantom have the ability to integrate…

New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions

[Jul 4, 2023 6:30 PM] While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over…

While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days

[Jun 3, 2023 1:30 PM] During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value significantly…

Ordinals Inscriptions on Bitcoin Surpass 10 Million, Fueling NFT and Token Boom

[May 30, 2023 8:30 AM] On Monday, May 28, 2023, a pivotal landmark was reached as the aggregate quantity of Ordinal inscriptions minted on the Bitcoin blockchain exceeded 10 million in under half a year. Since Ordinal inscriptions’ inception, bitcoin miners have…