Last Friday was the Bitcoin halving event and we saw significant action on the blockchain with thousands of people rushing to try the new “Runes” protocol on top of Bitcoin that went live after the halving.

Post halving we saw BTC touch $67K over the weekend with a sharp decline at the start of the week. Overall most of the majors are up on the 7 day chart with Hedera (HBAR) leading the pack off the back of rumors they were working with BlackRock however this rumor was denied by BlackRock themselves, resulting in a 35% decline from its midweek top of almost $0.18.

In other news, the largest Bitcoin ETF saw subdued demand with ETF inflows for BlackRock’s IBIT at zero for the last two days.

This week Metallicus CEO and founder Marshall Hayner spoke on OP Radio about his vision for Metal L2 and more, watch the full talk on YouTube here.