Nearly $85m in fees spent to mint Bitcoin Runes in less than 3 days, data shows
Users expected a 'mempool sniping' frenzy, prompting Bitcoin transactions with high fees to guarantee Runes minting. The post Nearly $85m in fees spent to mint Bitcoin Runes in less than 3 days, data shows appeared first...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Users expected a 'mempool sniping' frenzy, prompting Bitcoin transactions with high fees to guarantee Runes minting.
The post Nearly $85m in fees spent to mint Bitcoin Runes in less than 3 days, data shows appeared first on Crypto Briefing.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
How Ethereum’s new 2,048 ETH staking rule could lock up user rewards longer than expected
Ethereum is considering a change that would let compounding validators set how much ETH should remain on a validator before excess...
Bitcoin ETFs inflow streak reaches $2.2 billion in 6 days as assets near $100 billion
US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to six trading days on Monday, adding another $337.6 mil...
A $215 billion altcoin rally rests on Bitcoin holding its reclaimed market structure
The altcoin rally added $215 billion in market capitalization between Aug. 19 and Aug. 22, pushing the combined value of coins out...
Coinbase Put Nvidia and Apple Stock Onchain: But Does Weekend Trading Create Liquidation Risk?
Coinbase tokenized US equities went live on Base on Monday, putting four technology stocks onchain as transferable tokens that eli...
BTC Price Hits $80,000 as Bitcoin Miners Dodge Data Center Backlash Crushing AI Stocks And BTC Just Hit $80,000
A political fight over data center construction is quietly reshaping which crypto-adjacent equities win and lose this summer, and...
Strive bought 1,110 Bitcoin, but shareholders gained less than 2% real BTC yield
Bitcoin treasury company Strive added 1,110 Bitcoin in a week, but the benefit to common shareholders was much smaller than the he...