Cryptocurrency Market

  • Market Cap: $2,403,921,908,004.57
  • 24h Vol: $52,918,254,109.79
  • BTC Dominance: 56.56%

NFTs

puerto-rico-defines-act-60-tax-exemptions-for-blockchain-companies

Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies

The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability” for blockchain companies, according to DDEC Secretary Luis Cidre. Puerto […]

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bitcoin’s-blockchain-growth-accelerates-with-trend-of-ordinal-inscriptions

Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average

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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

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 »

brics-nations-‘coalescing-against-the-dollar,’-major-banks-predict-more-fed-hikes,-bitcoin-records-large-blocks-as-ordinals-gain-currency

BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency

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 hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form of controversial inscriptions, called Ordinals, on the

BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency Read More »

nft-sales-soar-138%-in-past-week,-blur-market-dominates-this-week’s-eth-based-nft-sales

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales

Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead NFT Sales Surge While crypto asset

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales Read More »

luxor-technologies-acquires-ordinalhub-to-provide-tools-for-bitcoin-based-nfts

Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs

With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address Challenges in the Market for Ordinal Inscription Trades At the time of writing, there are

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litecoin-network-adopts-ordinal-inscriptions,-following-bitcoin’s-lead

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead

Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain.

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead Read More »

original-bitcoin-wizard-artist-raises-nearly-$150,000-in-btc-via-lightning,-despite-criticism-from-bitcoin-maximalists

Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists

On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were successful, Wertheimer explained that bitcoin maximalists and the r/bitcoin moderator Bashco disliked it. Artist Who

Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists Read More »

ordinal-inscription-collections-on-bitcoin-blockchain-grow-as-creators-monetize-art

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art

With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins, Bitcoin Shrooms, Inscribed Pepe, Planetary Ordinals, Based Apes, Satoshi Punks,

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art Read More »

bitcoin-continues-to-record-blocks-above-the-3.75-mb-range-as-ordinal-inscriptions-near-150,000

Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000

As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting

Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000 Read More »