Ordinals still make up majority of Bitcoin txs despite price collapse
Bitcoin Ordinals appear to be alive and kicking with nearly 85% of network activity dominated by inscriptions and BRC-20 minting on Aug. 21. Go to Source
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Bitcoin Ordinals rolls out upgrade to rectify ‘Cursed Inscriptions’ issue
Previously unrecognized Ordinals inscriptions will be indexed by the protocol following the upgrade, which will allow them to be traded. Go to Source Powered by WPeMatico
Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more
Bitcoin transaction fees from Ordinals inscriptions have exploded by 240% over the last month. Go to Source Powered by WPeMatico
Bitcoin Ordinals community debates fix after inscription validation bug
Currently, over two-thirds of voters on a Twitter poll said the missed inscriptions should be added at a later date instead of there being a retroactive reshuffling. Go to Source Powered by WPeMatico
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
Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions
On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution … Read more
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy think that new use cases stemming from the inscription … Read more
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
Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection
On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created a collection of 300 generative ordinal NFTs called Twelvefold. … Read more
Ordinals Litecoin fork took one week and was ‘quite simple,’ says creator
The creator of a Bitcoin Ordinals protocol fork that works on Litecoin said he did it all for a crypto bounty of a few thousand dollars. Go to Source Powered by WPeMatico
