Ordinals inscriptions have surpassed 411,000. Its contribution to transaction fees over the past week has also exceeded 6%. Ordinals and other Layer 2 solutions have made the Bitcoin network no longer...
Tag: Ordinals
Bitcoin Ordinals may have proven naysayers wrong- Here’s why
Inscription mints via Bitcoin Ordinals reached a daily ATH. The BRC-20 experiment has been deployed but users may need to be careful with minting in mass numbers. Quite a number of people cast doubts ...
Ordinals team criticizes Yuga Labs’ handling of bitcoin NFT auctions
The Ordinals team recently raised concerns about Yuga Labs’ handling of bitcoin NFT auctions. Yuga Labs allegedly set a negative precedent by requiring all bidding funds to be transferred to their add...
What are Bitcoin ordinals?
Ordinals are different from traditional NFTs from a technical design perspective. There are several features that make the pricing for ordinals a different exercise. Bitcoin ordinals, as men...
Bitcoin Ordinals: Controversial but Here to Stay
Among the cryptocurrency community, Bitcoin Ordinals, which provide users with the option to permanently store data on the Bitcoin blockchain, have become a contentious issue of discussion. The archit...
Stacks (STX) Rally On Positive Ordinals Protocol Release, Followed by Tezos (XTZ). TMS Network (TMSN) Applies Gains to Its Red-hot Presale Event
The rise of crypto over the last decades has seen a vast range of new innovations, including the recently hyped concept of NFTs. Many blockchain providers have implemented NFTs into their blockchains ...
Bitcoin thought leaders weigh the pros and cons of Ordinals
Ordinals are here to stay. Ordinals, or the ability to permanently ink the Bitcoin (BTC) blockchain with data, typically in the format of a picture or jpeg, are a controversial topic among some member...
Ordinals enable first-ever Bitcoin sovereign rollup
Bitcoin developer Casey Rodamor’s launch of Ordinals continues to emanate shockwaves of unintended outcomes. His innovative, controversial use of Bitcoin’s Taproot and Segwit upgrades has not only cre...
Bitcoin Ordinals Launch Triggers Demand for Yuga Labs NFTs
Hours after Yuga Labs launched its TwelveFold non-fungible token on the Bitcoin blockchain, other NFTs by the issuer are seeing a push. In the meantime, Yuga Labs concluded the TwelveFold auction with...
Ordinals Creator Slams Yuga Labs for “Degenerate” Bitcoin NFT Auction
While many were excited when Yuga Labs announced its first ordinals NFT collection last month, the exact nature of its auction process is proving highly controversial. Casey Rodarmor – the inventor o...
Yuga Labs Launches Auction of Bitcoin Ordinals NFT Collection
Yuga Labs is facing backlash from the crypto community after releasing its TwelveFold non-fungible tokens (NFTs) on the Bitcoin blockchain. The Bitcoin NFTs, built using the Ordinals theory, are gaini...
First Bitcoin Ordinals NFT collection launches on OKX
The first Bitcoin Ordinals NFT collection, Bitcoin Punks, is now available on the OKX NFT marketplace. Its first launch, announced on March 6 by OKX, details how it will allow trading of BTC NFT, whic...
Bitcoin NFTs built on Ordinals can be about $4.5b by 2025: Report
Galaxy Research’s report highlighted the top Ordinals sales, which were fascinating. It was projected that Bitcoin NFTs built on inscriptions and ordinals would be about $4.5 billion by 2025. Bitcoin...
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault – Markets and Prices Bitcoin News
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 milli...
ApeCoin [APE] reacts in this manner as Yuga Labs dives into Ordinals
Yuga will auction its newest NFT on the Bitcoin blockchain. Ape Coin did not, however, react to the news as the price continued to drop. During the early hours of 28 February, Yuga Labs announced that...
Bitcoin Ordinals and how it relates to recent miner interest: Decoding…
Bitcoin’s hashrate reached a new all-time high on 26 February. Daily active users have increased over the past weeks and other metrics were bullish. Bitcoin [BTC] Ordinals crossed the benchmark of su...
Yuga Labs Drops Bitcoin Ordinals Collection
Fresh off the news about one of its collections’ visuals being involved in an intellectual property claim, Bored Ape Yacht Club creator Yuga Labs has dropped a new “NFT” project: thi...
Yuga Labs jumps on Ordinals hype, Dookey Dash key sells for 1,000 ETH and more
Bored Ape Yacht Club (BAYC) creators Yuga Labs have announced a new nonfungible token (NFT) collection on Bitcoin dubbed “TwelveFold.” The move was announced via Twitter on Feb. 28, with Yuga Labs unv...
Bored Ape creators unveil Bitcoin Ordinals collection “TwelveFold”
Ad Yuga Labs will release a series of artistic cryptocollectibles on Bitcoin’s Ordinals protocol, according to an announcement from the company on Feb. 27. The collection is titled TwelveFold and will...
Yuga Labs joins BTC Ordinals frenzy with “TwelveFold” – Cryptopolitan
On Tuesday, Yuga Labs, one of the leading non-fungible token players and the company behind Bored Ape Yacht Club, announced the debut of an original and experimental NFT collection consisting of 300 w...
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency – The Weekly Bitcoin News
In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate...
Stacks price more than doubled on Bitcoin ordinals hype, but why?
Recent reports by Matrixport suggested that Stacks (STX) — a smart contract procol layer operating on top of bitcoin (BTC) — might well be destined to become a “multibillion dollar token” thanks to it...
Ordinals, Nostr continue to dominate Bitcoin conversation – BitTalk#7
Episode 7 of CryptoSlate’s podcast, Bittalk, discussed the potential risks and benefits of introducing new changes to Bitcoin. The hosts, Akiba from CryptoSlate, James from CryptoSlate’s research team...
Ordinals Inscription Forked on Litecoin—Not a ‘Lite’ Upgrade
Bitcoin has already received the Ordinal Inscription Upgrade last year With the recent upgrade, both the proof-of-work networks are now ‘NFT enabled’ Amidst a number of upgrades across various project...
Bitcoin Ordinals Create Stir Within Crypto Community
The introduction of Bitcoin Ordinals in January caused a commotion among the cryptocurrency community over the platform’s position within the Bitcoin ecosystem. Users are arguing whether or not ...
Bitcoin [BTC]: How Ordinals and miners catapulted prices
The Puell Multiple metric was at its highest in 14 months at press time. Ordinals have also helped the transaction count metric surge in the past weeks. Many reasons have contributed to Bitcoin’s [BTC...
Ordinals NFTs also come on Litecoin
A few days ago, user Indigo Nakamotoist on Twitter offered 5 LTC to anyone who could bring Ordinals NFTs to Litecoin as well. This was followed by four more similar offers, bringing the total prize to...
Ordinals Are Now On Litecoin
Chasing a bounty of over $2000, a coder has successfully imported the Ordinals NFT protocol to Litecoin. The new functionality arrives shortly after Bitcoin – the network on which Ordinals initially ...
Bitcoin Ordinals protocol forked to support Litecoin NFTs
A GitHub user known as ynohtna92 has made history by forking the Bitcoin Ordinals protocol to create the world’s first-ever Litecoin Ordinal, a significant development in the cryptocurrency world. In ...
Coder Brings Ordinals to Litecoin as Bitcoin Inscriptions Surpass 154K
Ordinal Inscriptions and the ability to mint content other than transactions on the Bitcoin network have taken the blockchain by storm, with over 154,000 inscriptions created to date, according to Dun...
Bitcoin Ordinals’ adoption, utilization, memory usage drop
Quick Take Since introducing Ordinals and inscriptions in January 2023, Bitcoin block space, usage, and transactions have grown exponentially. Last week, the 100k Ordinal was inscribed, which shows th...
Someone forked Bitcoin ordinals NFTs onto Litecoin network
A GitHub user by the name of ynohtna92 has forked the Bitcoin Ordinals protocol to support Litecoin. In the context of cryptocurrencies, a fork occurs when a blockchain protocol is split into two diff...