Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,406,180,539,195.30
  • 24h Vol: $54,051,127,713.52
  • BTC Dominance: 56.55%

inscriptions

galaxy-digital-report-predicts-bitcoin-nft-market-could-reach-$4.5-billion-by-2025

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025

Leave a Comment / adoption, Artwork, Bitcoin, Bitcoin (BTC), Bitcoin Inscriptions, Bitcoin Ordinals, Bitcoin Punks, Blockchain, blue-chip inscriptions, BTC, BTC inscriptions, BTC Ordinals, controversy, Crypto Hacked, Cryptocurrency, cultural impact, Ecosystem, Ethereum, Galaxy Digital, inscriptions, layer two solutions, market size, Marketplace, News, NFTs, Openordex, Ord Rocks, Ordinal inscriptions, partially-signed Bitcoin transactions, report, Researchers, Royalties, secondary volume, social movement, taproot wizards, technical arguments, use cases, Wallets, Yuga Labs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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 […]

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 Read More »

bitcoin-based-nfts-cross-200,000-ordinal-inscriptions,-yuga-labs-launches-twelvefold-collection

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection

Leave a Comment / 200000, 3D elements, 55000, art system, Auction, Bitcoin, Bitcoin (BTC), Blockchain, Blue-Chip NFTS, Bored Ape Yacht Club, BTC, cartography, Crypto Hacked, Cryptocurrency, data, Digital Collectibles, Ethereum, generative creations, hand-drawn features, images, inscriptions, litecoin, litecoin (LTC), litoshi, litoshis, LTC, minting, News, NFTs, Non-fungible tokens, Ordinal inscriptions, ordinals, Satoshi, satoshis, software applications, Technology, Text, Twelvefold, videos, Yuga Labs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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.

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection Read More »

more-than-7,000-ordinals-inscriptions-have-already-been-included-on-the-bitcoin-blockchain

More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain

Leave a Comment / 7000 ordinals, Bitcoin, Bitcoin Node, Blockchain, casey rodarmor, Crypto Hacked, crypto punks, Cryptocurrency, Ethereum, inscriptions, News, NFTs, Ordinal Punks, ordinals, taproot wizards, Udi Wertheimer / / / , , , , , , , , , , , ,

Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already served to bring more than 7,000 inscriptions directly to the Bitcoin chain, with some collections already present. Ordinals

More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain Read More »

meet-ordinals,-the-new-bitcoin-nft-engine,-and-the-drama-surrounding-them

Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them

Leave a Comment / Adam Back, Bitcoin, Blockchain, controversy, Crypto Hacked, Cryptocurrency, Dan Held, Ethereum, Featured, Fees, inscriptions, Luke Dashjr, NFTs, Non-fungible tokens, ordinals, Taproot / / / , , , , , , , , , , , , ,

Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way in which Bitcoin’s blockchain should be used,

Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them Read More »