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Runes

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A digital chart showing the decline in Bitcoin active addresses over time, with a backdrop of institutional investors and retail investors in contrasting scenes. Incorporate elements of whale movements and the Runes token protocol for added context.

Bitcoin Activity Hits 14-Year Record Low

By Vukan Ljubojevic | TH3FUS3 Senior Writer

The ratio of active Bitcoin addresses has plummeted to its lowest level since November 2010. Onchain data from IntoTheBlock reveals a significant drop in the ratio of active wallets and total active wallets. This decline signals market consolidation and reduced retail participation.

June 28, 2024 12:21 PM

cryptocurrency

Bitcoin Core Developer Critiques the Runes Protoco

Luke Dashjr's critique emphasizes the deviation from Bitcoin's core principles and proposes methods for filtering out Runes transactions

April 28, 2024 12:11 AM

Cryptocurrency

Bitcoin Gas Fee Surge Catches Attention

Runes creator Casey Rodamor is under the spotlight again as his project is seen as influencing the transaction cost rise

April 22, 2024 05:22 AM

cryptocurrency

Runes: A New Bitcoin Token Standard

The Runes ecosystem is rapidly gaining traction, promising to lower the barriers for tokenization on the Bitcoin network

April 20, 2024 02:33 AM

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