Articles for tag: Bitcoin network, Bitcoin volatility, blockchain transactions, cryptocurrency decline, Memecoins, NFTs, Runes

Market News

Reasons Behind the Declining Value of Bitcoin Runes in Today’s Market

Recent data reveals a steep decline in Runes transactions on the Bitcoin network, now accounting for just 1.67% of daily activity. This is a sharp drop from the over 50% share observed from April to November. Daily fees for Runes transactions have also plummeted below $250,000, indicating reduced interest. Factors contributing to this trend include ...

Market News

DeFi Lending on Liquidium Reaches 4-Month High as Bitcoin Surpasses $100K Milestone

Liquidium, a decentralized finance (DeFi) platform, is experiencing significant growth, driven by a recent surge in Bitcoin’s popularity, which recently passed $100,000. On December 5, Liquidium recorded a four-month high in DeFi lending, with over 21 BTC borrowed. The platform allows users to secure loans against various Bitcoin assets like Runes and Ordinals, emphasizing a ...

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