Tag: Runes

14
Aug
2024
Posted in Bitcoin

Because of Bitcoin’s cautious structure, the Runes protocol faces difficulties generating revenue from fees

The fee share of the Runes protocol on Bitcoin is moving lower to 8.37%, getting closer to its all-time low of 2.16%. This indicates that the protocol is beginning to…

23
Apr
2024
Posted in Bitcoin

Magic Eden introduces the Bitcoin Runes platform

On Monday, the NFT marketplace Magic Eden unveiled a brand-new Bitcoin BTC +0.42% Runes platform. Users can purchase Runes and Ordinals using their Magic Eden wallet and swap for Bitcoin…

18
Apr
2024
Posted in Bitcoin

Excitement around runes drives up Bitcoin transaction fees

The halving of Bitcoin is almost here. Although the main reason for this excitement is that it reduces the block reward to 3.125 BTC and slows down the issue of…