{"id":23575,"date":"2025-04-24T13:49:32","date_gmt":"2025-04-24T13:49:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23575"},"modified":"2025-04-24T13:49:32","modified_gmt":"2025-04-24T13:49:32","slug":"thorchain-releases-key-bitcoin-update-time-for-rune-crypto-to-shine","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23575","title":{"rendered":"THORChain Releases Key Bitcoin Update: Time for RUNE Crypto to Shine?"},"content":{"rendered":"<div>\n<p><em>THORChain Bitcoin update cuts confirmations from 3 to 2, and may boost RUNE crypto. Will it spark a recovery after the January 2025 crash?<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">When RUNE, the token that powers THORChain, began surging in early November, no one expected the rally to stall in mid-December. Later, the collapse in January 2025 came as a sucker punch. The sell-off was brutal, a dent to RUNE holders and THORChain.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">The RUNEUSDT Crash<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">From November to December, RUNE rose nearly 60%. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, after peaking at around $7.465 in December, prices crashed below $4.275 and slid further to below $1 by early February.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.tradingview.com\/x\/60dEf0YH\/\" width=\"1499\" height=\"859\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/x\/60dEf0YH\/\" target=\"_blank\" rel=\"noopener nofollow\">RUNEUSDT<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">The result? An 85% drop from December highs and RUNE holders in panic. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Many worried that a LUNA-style collapse was inevitable.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It hasn\u2019t been the same for THORChain since. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Although the team intervened by announcing the TCY airdrop, RUNEUSDT prices remain stagnant, moving sideways.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Claiming <a href=\"https:\/\/twitter.com\/THORChain?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@THORChain<\/a>&#8216;s <a href=\"https:\/\/twitter.com\/search?q=%24TCY&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$TCY<\/a> will be smoother than butter <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f9c8.png\" alt=\"\ud83e\uddc8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\" alt=\"\u2705\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Eligible wallets auto-detected<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4e2.png\" alt=\"\ud83d\udce2\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Banner shows if you can claim<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f45b.png\" alt=\"\ud83d\udc5b\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> See exactly which address qualifies<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">Tap, claim &amp; auto-stake in <a href=\"https:\/\/twitter.com\/Thorwallet?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Thorwallet<\/a> \u2014 done in seconds<a href=\"https:\/\/twitter.com\/search?q=%24TCY&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$TCY<\/a> = <a href=\"https:\/\/twitter.com\/THORChain?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@THORChain<\/a> Yield \u2192 10% of system revenue to\u2026 <a href=\"https:\/\/t.co\/B36PsZPsxC\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/B36PsZPsxC<\/a><\/p>\n<p>\u2014 THORWallet (@Thorwallet) <a href=\"https:\/\/twitter.com\/Thorwallet\/status\/1914967556433052073?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">On the RUNE daily chart, the local resistance is $1.70, with support at $0.96. A bull market is unlikely to form unless buyers step in aggressively and close above the liquidation line.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The good news is that the broader crypto market recovery may catalyze demand. Additionally, the team is working to enhance its ecosystem and user experience.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Will This THORChain Bitcoin Confirmation Update Boost Prices?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Notably, THORChain is planning a game-changing update that may make RUNE one of the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">best cryptos to buy in 2025<\/span><\/a><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Subject to validator approval, the platform aims to reduce Bitcoin confirmation requirements from three to two. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This change could bring RUNE into the spotlight, as Bitcoin deposits on the DEX would process 33% faster, reducing latency.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In a post on X, THORChain developers <a class=\"general-link\" href=\"https:\/\/twitter.com\/THORChain\/status\/1914778144441070079\" target=\"_blank\" rel=\"noopener nofollow\">explained<\/a> that Bitcoin deposits currently require three confirmations, taking roughly 30 minutes. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Reducing this to two confirmations would cut the time to approximately 20 minutes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The impact would be immediate. Not only would BTC swapping speeds increase, but the update would also reduce arbitrage opportunities and boost liquidity provision.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Faster processing speeds give traders a competitive edge in the crypto market, where milliseconds can determine profits or losses. Thus, the 10-minute gain in capital efficiency is substantial for THORChain DEX users.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">From a liquidity provision perspective, trading volume will likely rise due to stronger liquidity loops, driving demand. <\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Will Validators Support the Proposal?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">While the update is promising, safety concerns remain. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Bitcoin network typically processes a block every 10 minutes, and some consider six confirmations necessary for a transaction to be deemed safe and irreversible.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"What Are Bitcoin Blocks and Bitcoin Confirmations ?\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/adDTkjffN1U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">THORChain developers argue that data supports reducing confirmations from three to two. Their findings suggest that the risk of blockchain reorganization is extremely rare, even with two confirmations. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">They further note that exchanges like Binance and Coinbase, where some of the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">best Solana meme coins<\/span><\/a><span data-preserver-spaces=\"true\"> are listed, operate with two confirmations and process billions in BTC without security issues.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the unlikely event of a reorganization, the THORChain governance system, Mimir, would immediately roll back transactions without compromising decentralization.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The community is closely monitoring validator responses. Of the 110 validators, <\/span><span data-preserver-spaces=\"true\">74 must agree<\/span><span data-preserver-spaces=\"true\"> for the proposal to pass.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-229825\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659.png\" alt=\"\" width=\"1364\" height=\"710\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659.png 1364w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659-300x156.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659-1024x533.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659-768x400.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659-50x26.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659-308x160.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-24T142158.659-350x182.png 350w\" sizes=\"auto, (max-width: 1364px) 100vw, 1364px\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/rune.tools\/voting?key=MAXCONFIRMATIONS-BTC\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">So far, 61 support the proposal, believing it will improve user experience and even boost prices.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><\/strong><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025 \u2013 Top New Crypto Coins<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">THORChain Bitcoin Update: Can RUNE Crypto Recover After Q1 2025 Crash?<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">THORChain developers want to reduce Bitcoin confirmations from 3 to 2, cutting deposit times by 33%<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">RUNEUSDT crashed in January 2025, falling below $1 in early February<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">With a 2-confirmation model, the DEX will follow major centralized exchanges like Binance and Coinbase<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Will validators support this proposal? Only 74 votes are needed<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/thorchain-releases-key-bitcoin-update-time-for-rune-crypto-to-shine\/\">THORChain Releases Key Bitcoin Update: Time for RUNE Crypto to Shine?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>THORChain Bitcoin update cuts confirmations from 3 to 2, and may boost RUNE crypto. Will it spark a recovery after the January 2025 crash? When RUNE, the token that powers THORChain, began surging in early November, no one expected the rally to stall in mid-December. Later, the collapse in January 2025 came as a sucker [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23575","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23575"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23575\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}