LZhang

Deep Research.

Building @alkimiya_io.

[LZhang @LeorZhang]

Today, https://t.co/VHKzZ42svP shifts from pure analysis to embracing a tangible on-chain dimension. After refining our probabilistic models, we’re quietly preparing a framework where AI insights and token mechanics converge.

[LZhang @LeorZhang]

We just wrapped up an internal review of our latest AI-backed anomaly detection model, early results show it catches subtle on-chain irregularities that standard rules miss. Excited to see how this improves our understanding of network health and risk indicators.

[LZhang @LeorZhang]

In order to begin the conquest of invention, we first must BELIEVE.

[42 @42space]

Love seeing Coinbase keeping miners in mind this holiday season!

Miners are the cornerstone of Bitcoin's decentralization, and we’re here to support you.

We might not be the team to film this, but if you’re looking for a platform to hedge, trade, or speculate on the feerate, visit https://t.co/n9YlhoyrQP—we’re always open for you!

[42 @42space]

1. Build on Bitcoin
2. Generate transaction fees for miners
3. Secure humanity's paramount bulwark against the encroachment of authoritarian regimes upon individual liberties, with decentralized, incorruptible, and censorship-resistant digital money that empowers individuals with immutable self-sovereignty over their financial assets, enabling unassailable autonomy and the preservation of fundamental freedoms in an era increasingly characterized by pervasive surveillance and institutional overreach.

[42 @42space]

Who says Runes are just memecoins with no real value?

We are only starting to grasp the potential of BTC-native assets. BTC•FEERATE•RUNES exemplifies the creativity possible with Bitcoin today.

BTC•FEERATE•RUNES is an innovative tool whose value is pegged to the Bitcoin average network feerate.

Think the network feerate is low? Seize the opportunity and hoard as much as you can.

Once the network becomes congested, you can sell them higher or simply redeem them for the underlying BTC! Think of them as a battery for transaction fees.

[Fractal Bitcoin @fractal_bitcoin]

🎄✨ Welcome to Fractal’s Christmas Carnival ✨🎄

Greetings, my beloved potato citizens! 🥔✨

As your Mayor Potato, it brings me immense joy to announce the grand opening of our magical Fractal Christmas Carnival! 🎅

✨ https://t.co/aY8O9V1Iy5 ✨

[42 @42space]

🗓️ This Week on Alkimiya

This pool’s Avg. BTC Median Feerate started off strong at 9.777 sats/vB, maintaining a similar level as last week.

The current avg. BTC median feerate is 10.704 sats/vB (5d MA).

🧵

[bread.mega @bread_]

Base dominance grows.

Given the desire to comp L2s to Solana I think it's logical to value like-metrics which shine on high capacity chains (i.e. TEV/REV).

In that sense, Base has already taken the #1 spot and TVL is just a lagging metric.

[Babylon @babylonlabs_io]

🥳 $3.5bn BTC staked so far🥳

Let that sink in.

And we’re only just getting started. Still 700+ blocks to go. Cap-3 is still open.

For those who have already staked directly through the Babylon protocol, you can now head over to our discord, verify your BTC address and secure the new, all important BABYLOONG role.

You’re going to want to have this, so don’t delay 😉

For those staking directly through our LST collaborators, hold tight. We're working on integrating these too so you will be able to claim your role soon.

If you haven’t yet staked, what are you waiting for? The new era of Bitcoin is upon us and this is your last chance to get involved from the start. Visit https://t.co/R7gsRQfbVS

Note: the verification whitelist in discord will be updated at 12:00 UTC every 24hrs

🐉🥚

[cbspears ◉ @cbspears]

BRC20s are hot again, hotter than Runes.

The East/West divide seems greater than ever as I haven't heard any chatter about the resurgence of BRC20s in the past week, yet the data clearly demonstrates they are the most popular activity on Bitcoin right now.

An overview of the current situation in 4 charts:

For the first time in 8 months we have had a resurgence in Inscription activity. This is entirely due to BRC20s becoming hot again in Asia, mainly China.

This has resulted in a decline of other inscription activity (read: jpegs, tradeable/collectibles) as % share of overall inscriptions. This is a phenomenon that I have been monitoring for almost 2 years now: the relationship between jpegs & feerate. The price sensitivity for jpegs seems to be in the 5sat - 10sat/vbyte range, where image inscription activity begins to fall off both in relative and absolute terms.

In the markets, BRC20 trading volume is handily beating out Runes. The trading volume has completely moved to @okx + OKX @wallet. "Issuance", however, appears to happen primarily through @unisat_wallet still. So Unisat is the preferred inscription platform & OKX is the dominant trading platform.

You may see certain ticker trends: single tickers such as π and Ω and the new 5-tickers "$$sol" & "$bch$". (I am so disconnected from the Asian news circle right now and would love some insights from folks in that community @z3thnft @sfhoo @bigmagicdao or others)

For blockspace markets (fee tradooors on @alkimiya_io) we're seeing the first signs of an uptick in transaction fees due to inscriptions/ordinals instead of runes insce april 2024. It's not much, but it's starting to become material.

As we all know, these things have a habit of exploding overnight with little warning so I'd have this on your radar.

I talk about these charts, trends, every Monday on a @BTCSZN2 metrics livestream. Make sure you're subscribed to @blockspace newsletter & follow Bitcoin Season 2 wherever podcasts are streamed (I recommend Youtube!)

[TenEight @teneightbtc]

Perfect time to check out @alkimiya_io 👀

[42 @42space]

This week on Alkimiya

Avg. BTC Median Feerate started high at 11.428 sats/vB due to MARX•FREN•MONKE mint. Feerate has since decayed gradually despite 2 other significant Runes mints.

The current avg. BTC median feerate is 9.272 sats/vB (5d MA).

🧵

[42 @42space]

BTC•FEERATE•RUNES has expanded to @unisat_wallet. Trade smart, trade wide.

BTC•FEERATE•RUNES is an innovative Runes whose value is pegged to BTC feerate. As the network gets congested, its value rises in tandem to the feerate spikes.

[42 @42space]

Transaction feerate obviously

[42 @42space]

Runes

[Rebar Labs @RebarLabs]

Next: A short but sweet thread from @alkimiya_io regarding MEV opportunities on Bitcoin, and why it's important for users and developers to recognize them:

https://t.co/tTPxMLUFFo

[42 @42space]

22.75 BTC spent in Runes fees this week and you haven’t traded BTC feerate on Alkimiya?

Retar Dio

[🉐 Crypto Linn @crypto_linn]

ayo massively impressivo BTC Fee handbook that even Linn was able to understand (with grand total if 3 braincells)

deffo something to add to the trading and investing arsenal:

[mono † @monosarin]

BTC is up, but you weren't buying?

Oh, you don't have any exposure to BTCFi either?

Fret not, you can have exposure to it just by trading BTC tx fees. For that, there's no other place than @alkimiya_io 🫡

New to Alkimiya?

Start with this article ⬇️

[Gohan 🧬 @0x99Gohan]

With all eyes in the blockchain space on $BTC, @alkimiya_io is making waves 🌊

Its unique feature lets users profit by predicting #Bitcoin transaction fees (blockspace), offering a fresh and exciting trading experience!

You can go long or short, just like trading futures.

➜ Simple, fun, and potentially rewarding with great cash flow!

❗️But let’s be real – it’s not as easy as just placing buy or sell orders❗️

➜ That’s where the $BTC Fee Handbook comes in, a priceless resource crafted by Alkimiya Protocol to guide you step by step.

◢ With the #Handbook, you can:

➤ Easily check BTC transaction fees to make accurate market predictions.
➤ Analyze live charts to choose the right pools and make optimal long/short decisions.

💡 The BTC Fee Handbook is the ultimate guide to wealth in 2024. Making money isn’t easy, but this tool is here to help you maximize your gains.

Here’s the link—dive in, explore, and take control of your profits ⬇️

👉 https://t.co/QFoxRloAgy