Bitcoin's Runes Protocol Launch Causes Fee Surge And Hype After Halving

Bitcoin's Runes Protocol Launch Causes Fee Surge And Hype After Halving


Bitcoin's much-anticipated halving unfolded on April 20, drawing significant attention and praise from the crypto market.

ORDI's funding rate on crypto-exchanges was negative at press time, suggesting a hike in short positions.

Miners whose revenue streams got affected after the halving cheered the development.

Runes is being touted as the next “Ordinals” to Bitcoin: Those are some huge expectations.

Bitcoin innovator Casey Rodamor launches Runes, a new fungible token standard on Bitcoin.

Despite this being the most anticipated Bitcoin halving yet (at least according to Google search history), it was the launch of the high-profile Bitcoin builder Casey Rodamor's latest creation – Runes – that turned heads, even among long-time blockchain developers who despise the digital tokens that can be minted on the platform.

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