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
Ordinals
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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
Bitcoin has entered a civil war — Over ‘art’
The Ordinals Protocol is generating a circular digital economy where assets are priced, bought and sold via Bitcoin. Go to Source Powered by WPeMatico
Jack Dorsey courts controversy by claiming ETH is a security
Since Binance and Coinbase were sued for offering unregistered securities, Dorsey has tweeted posts promoting a focus on Bitcoin development. Go to Source Powered by WPeMatico
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: 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 Ordinals’ total mintage fees increase 700% from April: Report
The total number of Bitcoin Ordinals has surpassed 8 million since its inception in January. Go to Source Powered by WPeMatico
Are ZK-proofs the answer to Bitcoin’s Ordinal and BRC-20 problem?
Zero-knowledge proofs could be a viable means to address recent network congestion and high fees on the Bitcoin blockchain. Go to Source Powered by WPeMatico
Bitcoin bears need BTC price to go below $27K ahead of Friday’s $900M options expiry
Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday’s expiry. Go to Source Powered by WPeMatico
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog of operations stuck as a consequence of high transaction fees. Binance Announces … Read more
