Bitcoin

<ul><li>Runes Protocol aims to enrich Bitcoin&#39;s ecosystem, introducing assets from memecoins to governance tokens, similar to Ethereum&#39;s ERC-20 impact.</li><li>Despite mixed reactions within the Bitcoin community, significant market players like Franklin Templeton show strong interest in Runes&#39; potential.</li><li>CoinMarketCap highlights early Runes-related projects like Rune Pups and Bitcoin Wizards, indicating robust market interest and potential for growth.</li></ul>Bitcoin recently marked its fourth halving, an event noted for its potential to impact the cryptocurrency&#39;s value and mining dynamics significantly. Coinciding with this, the Bitcoin network welcomed the launch of the <a href="https://cryptotale.org/dwf-ventures-highlights-surge-in-ordinals-usage-ahead-of-bitcoin-halving/" rel="noopener noreferrer nofollow">Runes Protocol</a>, an innovative addition aimed at broadening the scope of Bitcoin&#39;s functionality much like the ERC-20 did for Ethereum, facilitating the creation of a wide array of assets, from memecoins to governance tokens.There is considerable excitement in the market as Runes seeks to delve into the DeFi and fungible token arenas within Bitcoin’s framework. Investors are eager to see if it can replicate the success of <a href="https://cryptotale.org/analyst-predicts-market-explosion-as-ordinals-point-to-new-all-time-highs/" rel="noopener noreferrer nofollow">Bitcoin Ordinals</a>, which, since their introduction in late 2022, have significantly increased Bitcoin&#39;s network activity and transaction fees.Notable financial players are also showing interest. Franklin Templeton, with assets totaling $1.5 trillion, has <a href="https://twitter.com/FTI_DA/status/1779979775651561691" rel="noopener noreferrer nofollow">expressed</a> enthusiasm for Runes&#39; potential. The firm is optimistic about its ability to mirror Ordinals&#39; impact on the non-fungible token market. Casey Rodarmor, the brain behind both Ordinals and Runes, lends credibility to this new initiative with his strong track record. However, the reception of Runes among the Bitcoin community is mixed, with some developers and Bitcoin purists criticizing the addition as unnecessary.<a href="https://cryptotale.org/bitcoin-welcomes-runes-protocol-post-halving-whats-next/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitcoin Welcomes Runes Protocol Post-Halving: What’s Next?

CryptoTale

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