Bitcoin Ordinals NFT trading volume tanks 98% since May: DappRadar
Alongside the declining trading volumes, the number of Bitcoin Ordinals transactions dropped by 97% to just 20,571 in mid-August. Go to Source
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Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection
Despite hating on crypto for years, and calling NFTs worthless and easy to replicate two years ago , Peter Schiff is set to release an NFT art collection on Bitcoin. Go to Source Powered by WPeMatico
RGB protocol may offer solution to Bitcoin’s Ordinals jam, claims proponent
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals. Go to Source Powered by WPeMatico
Nifty News: Bitcoin surges to 2nd largest NFT chain, StepN integrates Apple Pay and more…
Bitcoin has seen around $167.47 million worth of NFT sales over the past 30 days, while StepN has integrated Apple Pay to remove barriers to entry to the app. Go to Source Powered by WPeMatico
Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum
On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in fees by confirming inscription transactions which equate to roughly $35.86 million in added onchain fees. … Read more
Bitcoin Ordinals daily inscriptions surge due to ‘BRC-20 tokens’
The BRC-20 token standard utilizes Ordinal inscriptions to deploy token contracts, mint tokens and transfer tokens. Go to Source Powered by WPeMatico
Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum. Go to Source Powered by WPeMatico
Nifty News: Yuga Labs jumps on Ordinals hype, Dookey Dash key sells for 1,000 ETH and more…
Google Trends data shows interest in NFTs has waned, even as trading volumes are surging, while Korean multinational giant Lotte has partnered with Polygon. Go to Source Powered by WPeMatico
Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more
The “Parisland” metaverse experience will launch in time for Valentine’s Day to give budding lovebugs a space to meet, at least virtually. Go to Source Powered by WPeMatico
Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain
During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain. Ordinal Inscriptions on Bitcoin Blockchain Spark Debate Among Crypto Community The controversial NFT concept … Read more
