Fourth Bitcoin Halving Saw Record High Fees — What’s Behind the Surge? 🚀

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRoCM18P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTF2NzdtMnd2ZHh3aVcDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   The crypto industry witnessed yet another significant milestone this year, as Bitcoin successfully underwent its fourth Halving at block 840,000 on April 20. The halving block saw a record-breaking $2.4 million in transaction fees, as enthusiasts rushed to inscribe and etch satoshis using the newly-launched Runes protocol. What’s behind the immense excitement and demand surrounding Runes, you wonder? We’ll cover this in more detail today. Speaking about exciting stories, here’s what in store for the newsletter today: - Fourth [Bitcoin Halving completes](~/AAQRxQA~/RgRoCM18P0SdaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZm91cnRoLWJpdGNvaW4taGFsdmluZy1jb21wbGV0ZWQtcmVjb3JkLWRvbGxhcjI0bS1pbi1mZWVzLXNwZW50LW9uLWhhbHZpbmctYmxvY2stdG8taW5zY3JpYmUtcnVuZXM_bGlkPTNqYzR4N3dyMDU1c1cDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) with $2.4M in fees for Runes inscriptions 🚀 - ZKasino faces $33M controversy over [token launch and refund](~/AAQRxQA~/RgRoCM18P0R8aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZG9sbGFyMzNtLWNvbnRyb3ZlcnN5LXN1cnJvdW5kcy16a2FzaW5vLWZvbGxvd2luZy1wcm90b2NvbC1sYXVuY2g_bGlkPWpqbmluN2JkZWs2elcDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) promises 😮 - FTX Estate [plans auction for locked Solana tokens](~/AAQRxQA~/RgRoCM18P0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZnR4LWVzdGF0ZS1wbGFucy1hdWN0aW9uLWZvci1uZXh0LWxvdC1vZi1sb2NrZWQtc29sYW5hLXRva2Vucz9saWQ9NjlzcGx6dzFnd2JiVwNzcGNCCmYhfEgmZiyOMVdSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) after $2.6B sale 💰 - Telegram announces [TON Blockchain features](~/AAQRxQA~/RgRoCM18P0SUaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGVsZWdyYW0tcGxhbnMtdG8tZnVydGhlci1sZXZlcmFnZS10b24tYmxvY2tjaGFpbi1pbmNsdWRpbmctdG9rZW5pemVkLWVtb2ppcy1hbmQtc3RpY2tlcnM_bGlkPXdhdGVjNWRybHl4YVcDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) and tokenized emojis 📱 - Bitcoin [transaction fees plummet](~/AAQRxQA~/RgRoCM18P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi10cmFuc2FjdGlvbi1mZWVzLXBsdW1tZXQtYWZ0ZXItcmVjb3JkLWhpZ2hzLW9uLWhhbHZpbmctZGF5P2xpZD16cDVwMDh6OHJienZXA3NwY0IKZiF8SCZmLI4xV1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) after record highs on Halving Day ⬇️ Let’s dive in! MARKET OVERVIEW GLOBAL MARKET CAP $2.43T ▲0.88% (24h) 24H MARKET VOLUME $65.91B ▲7.2% (24h) BITCOIN’S DOMINANCE 53.55% ▲0.04% (24h) FEAR & GREED INDEX 62 Greed [Bitcoin] Bitcoin $65,964.43 ▲1.17% (24h) [Ethereum] Ethereum $3,203.39 ▲0.84% (24h) [BNB] BNB $602.06 ▲3.74% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoCM18P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWp0bnM4NW94ZjBuMFcDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoCM18P0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9ejNvYzN1OXMzeTVhVwNzcGNCCmYhfEgmZiyOMVdSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoCM18P0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD0yeWU3OGEybTA2bWNXA3NwY0IKZiF8SCZmLI4xV1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoCM18P0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPTlob3BzOGQ1b3hpZ1cDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 22 Apr 2024 11:20 UTC [Gainer Icon] TOP GAINERS 24H% [Project Icon 4] [DOGO](~/AAQRxQA~/RgRoCM18P0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCmYhfEgmZiyOMVdSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲2586.02% [Project Icon 5] [Redluna](~/AAQRxQA~/RgRoCM18P0QtaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3JlZGx1bmEvVwNzcGNCCmYhfEgmZiyOMVdSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲719.24% [Project Icon 6] [Alpha AI](~/AAQRxQA~/RgRoCM18P0QuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FscGhhLWFpL1cDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲479.74% [Loser Icon] TOP LOSERS 24H% [Project Icon] [Felix](~/AAQRxQA~/RgRoCM18P0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2ZlbGl4LXRva2VuL1cDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼91.23% [Project Icon 2] [PEPE CAT](~/AAQRxQA~/RgRoCM18P0QuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3BlcGUtY2F0L1cDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼88.2% [Project Icon 3] [Linked Finance World](~/AAQRxQA~/RgRoCM18P0Q7aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2xlZ2VuZC1vZi1mYW50YXN5LXdhci9XA3NwY0IKZiF8SCZmLI4xV1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼62.85%   Bitcoin's Fourth Halving Unveiled: Record Fees & Beyond Bitcoin's recent halving event, marking a significant milestone, has reduced mining rewards, impacting the cryptocurrency's supply dynamics. With predictions of its potential impact on Bitcoin's price ranging from conservative to ambitious, the community is buzzing with anticipation. Interested in learning more about how halving events shape Bitcoin's future? [Click here to read the full article!](~/AAQRxQA~/RgRoCM18P0SdaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZm91cnRoLWJpdGNvaW4taGFsdmluZy1jb21wbGV0ZWQtcmVjb3JkLWRvbGxhcjI0bS1pbi1mZWVzLXNwZW50LW9uLWhhbHZpbmctYmxvY2stdG8taW5zY3JpYmUtcnVuZXM_bGlkPXhpMzhhOGk4NmV2OVcDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   ZKasino's Controversy: Unraveling the Protocol Launch ZKasino, a highly anticipated crypto project, faced turmoil post-mainnet launch as it diverted investor funds into $ZKAS tokens instead of offering the promised ether refunds. Prior to this, warning signs and allegations of mismanagement had plagued the project, leading to skepticism among investors. Want to know more about the controversies surrounding ZKasino and its sudden turn of events? [Click here to uncover the full story!](~/AAQRxQA~/RgRoCM18P0R8aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZG9sbGFyMzNtLWNvbnRyb3ZlcnN5LXN1cnJvdW5kcy16a2FzaW5vLWZvbGxvd2luZy1wcm90b2NvbC1sYXVuY2g_bGlkPXY0NTU3NzYxbXlqNFcDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Unlocking Opportunity: FTX Estate's Solana Token Auction Interested in the latest auction of locked Solana (SOL) tokens by the FTX estate? Discover how this sale, conducted through auction rather than a fixed-price format, has captured the attention of potential buyers. With specific details yet to be revealed, the upcoming auction poses intriguing possibilities for investors. [Click here to delve deeper](~/AAQRxQA~/RgRoCM18P0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZnR4LWVzdGF0ZS1wbGFucy1hdWN0aW9uLWZvci1uZXh0LWxvdC1vZi1sb2NrZWQtc29sYW5hLXRva2Vucz9saWQ9anBrYTA3eW04aGdvVwNzcGNCCmYhfEgmZiyOMVdSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) into this auction and its implications for the crypto market!   [CMC Live: Weekly Crypto Forecast](~/AAQRxQA~/RgRoCM18P0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzU2ODg0MDMvP2xpZD02NnNkM2xzbTNjdTNXA3NwY0IKZiF8SCZmLI4xV1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Monday, 22 Apr on 3PM UTC CMC-Community Live: Weekly Crypto Forecast Join CMC's Research Lead, Alice, as she shares crucial insights for the upcoming week ahead. [JOIN US SOON](~/AAQRxQA~/RgRoCM18P0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzU2ODg0MDMvP2xpZD1jaHgwYmlvaHpodmxXA3NwY0IKZiF8SCZmLI4xV1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   TON Blockchain's Next Move: Tokenized Emojis and Stickers on Telegram In his recent speech at the Token2049 conference, Telegram founder Pavel Durov hinted at groundbreaking developments for the messaging app, emphasizing blockchain's role in preserving privacy and freedom. With plans to utilize The Open Network (TON) for expansion, Durov teased innovative features to enhance user experience. Curious about Telegram's blockchain journey and its implications? [Dive deeper into Durov's vision](~/AAQRxQA~/RgRoCM18P0SUaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGVsZWdyYW0tcGxhbnMtdG8tZnVydGhlci1sZXZlcmFnZS10b24tYmxvY2tjaGFpbi1pbmNsdWRpbmctdG9rZW5pemVkLWVtb2ppcy1hbmQtc3RpY2tlcnM_bGlkPWRlYmtqemZrbWNoYVcDc3BjQgpmIXxIJmYsjjFXUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) and Telegram's future plans by clicking here!   Bitcoin Transaction Fees Plunge: What's Next? Bitcoin transaction fees recently saw a sharp decline after hitting a record average high, bringing relief to users who had endured exorbitant costs just a day prior. The drop, coinciding with the fourth Bitcoin halving, saw fees plummet from an average of $128 to a more manageable $10 for medium-priority transactions. Want to learn more about the factors influencing Bitcoin transaction fees and their implications for the crypto market? [Click here to dive deeper into the analysis!](~/AAQRxQA~/RgRoCM18P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi10cmFuc2FjdGlvbi1mZWVzLXBsdW1tZXQtYWZ0ZXItcmVjb3JkLWhpZ2hzLW9uLWhhbHZpbmctZGF5P2xpZD1iMng1eGFveDVuOWFXA3NwY0IKZiF8SCZmLI4xV1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   And that’s a wrap. 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