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Runes generate over $135 million in fees in first week on Bitcoin network
Runes generate over $135 million in fees in first week on Bitcoin network

The Runes protocol has generated over $135 million in transaction fees on Bitcoin within its first week. Runes allows for the minting of tokens, typically memecoins, directly on top of the Bitcoin network.

The Block·2024/04/26 12:04
CatGPT (CATGPT): Igniting The Purr Of Power
CatGPT (CATGPT): Igniting The Purr Of Power

Bitget Academy·2024/04/26 11:00
Bitcoin options 'in line with previous halvings' and bullishly pricing calls higher than puts: analyst
Bitcoin options 'in line with previous halvings' and bullishly pricing calls higher than puts: analyst

The positioning of bitcoin options aligns with previous halvings, with a bullish skew in the market, an analyst said.The pricing for calls for the end-of-June 2024 expiry is at higher levels than compared to puts, they added.

The Block·2024/04/26 10:40
Bitcoin bull market may return after $1.4T US liquidity spike — Prediction
Bitcoin bull market may return after $1.4T US liquidity spike — Prediction

Bitcoin and crypto may still have a friend in U.S. treasury secretary Janet Yellen if liquidity comes roaring back to the economy next week, says Arthur Hayes.

Cointelegraph·2024/04/26 08:40
Flash
  • 03:10
    The market value of USDC has broken through 50 billion US dollars, reaching a new high in nearly two years
    Golden Finance reports that over the past 22 days, a total of $4.2 billion USDC has been minted on the Solana chain. As the issuance volume increases, the current market value of USDC has exceeded $50 billion, reaching approximately $51.5 billion, setting a record high since September 2022.
  • 03:09
    Market dynamics on January 23: BTC and altcoins generally decline; AI sector becomes the focus of the market, US stocks rise strongly, regaining upward momentum
    Market Dynamics: BTC falls, as do altcoins. AI remains the main focus of the market. U.S. stocks surge, returning to an upward trend with strong performances. Market Highlights: The AI sector sees significant gains in PIPPIN, LUMO, BUZZ, SORA, MOBY, and DOGEAI. PIPPIN has recently open-sourced its framework. LUMO, an AI platform tailored for the Solana blockchain, is actively participating in hackathons. BUZZ, the winner of a Solana hackathon, is pioneering AI in decentralized finance. SORA operates as a voice assistant, MOBY functions as a whale monitoring robot similar to AIXBT, and DOGEAI is a political meme by a conspiracy group. The public blockchain SOL shows a weekly increase. The SOLBTC exchange rate strengthens. The proportion of income from crypto applications (akin to on-chain GDP): Solana accounts for 55%, Ethereum 20%, and Base 10%. The meme coins TRUMP and FARTCOIN are down for the week. There is speculation that TRUMP's emotional trajectory could mirror SHIB's initial period on leading exchanges, potentially facing several months of market correction and downtrend. The leading exchange debuts ANIME, a community token for the AZUKI NFT space, rumored to be a close-knit 'girlfriend coin.'
  • 02:50
    BlackRock CEO: Amid concerns about currency devaluation, Bitcoin could reach $700,000
    PANews reported on January 23, according to Cointelegraph, BlackRock CEO Larry Fink discussed the future of digital currency in an interview at the World Economic Forum Davos meeting. He stated that due to concerns about currency devaluation, the price of Bitcoin could potentially rise to $700,000 per coin. Fink said: "A collective allocation of 2% to 5% by asset management companies may drive up the price of Bitcoin. If you are worried about currency depreciation or concerned about a country's economic or political stability, you can own an international tool - Bitcoin which can overcome these localized fears." However, he clarified that he is not promoting Bitcoin. Fink also expressed his concern that inflation might increase over the next 12 months and warned it would be dangerous to assume that inflation has peaked.
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