The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol.

The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol.
It's increasingly hard to find a bullish voice when it comes to short-term BTC price action.
Bitcoin (BTC) treaded water below $28,000 on May 9 as markets prepared for macroeconomic data releases.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting near $27,700 at the day’s Wall Street open.
The pair had seen deeper losses the day prior, with a tap of $27,300 so far marking the local bottom.
Traders hoped that May 10 would provide some much-needed volatility in the form of the United States Consumer Price Index (CPI) print for April.
“Bitcoin still trending downwards, as $27,800 now becomes resistance. I’m expecting a sweep lower again, and then we’re ready to long your longs in anticipation of CPI,” Michaël van de Poppe, founder and CEO of trading firm Eight, told Twitter followers in an update.

Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors.
Ishan Wahi must surrender by June 21 to serve his sentence at the Fort Dix Federal Correctional Institution in New Jersey.
The lion’s share of the fintech’s held cryptocurrency assets lie in BTC and ETH with $499 and $362 million respectively — up more than 56% since Q4 2022.
The lion’s share of the fintech’s held cryptocurrency assets lie in BTC and ETH with $499 and $362 million respectively — up more than 56% since Q4 2022.
The lion’s share of the fintech’s held cryptocurrency assets lie in BTC and ETH with $499 and $362 million respectively — up more than 56% since Q4 2022.
The highest intraday price of Bitcoin on Binance.US reached as much as $28,600, while the intraday market price high amounted to $28,000.
The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte.
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
Despite a few reservations, tokenization stands to streamline the way retail and institutional investors can access the private equity market.
Binance announces plans to embrace the Lightning Network; which large crypto exchanges are Lightning ready, and which are yet to be struck?
While the interest in crypto investments was on the rise last year among the home offices, 2023 saw a massive decline in such investors' certainty about the digital assets market.
