Musk’s Milady Meme, Opening Up Ordinals
[May 12, 2023 10:05 AM] Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.
7 / 9 Relevant items tagged with #Ordinals
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Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s
[May 12, 2023 8:15 AM] Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.
Bitcoin bears need BTC price to go below $27K ahead of Friday's $900M options expiry
[May 11, 2023 6:26 AM] 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.
If Bitcoin Can’t Handle a Few JPEGs, How Can It Handle the World?
[May 10, 2023 12:15 PM]
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
[May 9, 2023 8:51 AM] Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.
Binance’s NFT Marketplace Adds Support for Bitcoin NFTs
[May 9, 2023 3:00 AM] The leading cryptocurrency exchange will allow NFT collectors to purchase tokens on the Bitcoin network directly through their Binance accounts – bypassing the need to create a separate wallet for inscriptions.
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
[May 9, 2023 1:30 AM] 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…
Ordinals inscriptions approach 4.8M, nearly doubling in just over a week
[May 8, 2023 11:55 PM] The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in just eight days.
Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
[May 8, 2023 5:32 PM] The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America.
Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years
[May 8, 2023 4:43 PM] Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC.
High Bitcoin Fees From BRC-20 And Ordinals Lead To Controversy And Challenges
[May 8, 2023 12:23 PM] The fees collected in a single block of Bitcoin transactions have surpassed the block reward, a testament to the growing demand for block space as a result of Ordinals and BRC-20. Given that this is the first time this has happened without the…
Binance ‘FUD’ meets CPI — 5 things to know in Bitcoin this week
[May 8, 2023 3:57 AM] A spike in transaction fees and repeated BTC withdrawal outages at Binance provide a fraught backdrop to a week of Bitcoin volatility triggers.
Binance Resumes Bitcoin Withdrawals After Second Pause, Says Its Adjusting Fees and Integrating Lightning Network
[May 7, 2023 8:31 PM] The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion.
Bitcoin Network Congestion Causes Binance to Pause Withdrawals
[May 7, 2023 1:06 PM] The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the bitcoin protocol.
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
[May 5, 2023 10:27 AM] A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
[May 4, 2023 3:30 PM] The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.
Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
[May 3, 2023 3:38 AM] Over $8 million in fees have been paid to the network by inscription creators since their inception.
'Bitcoin Request for Comment' Tokens Surge to $137M in Market Value
[May 2, 2023 1:47 AM] The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts.
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
[May 1, 2023 11:17 AM]
Bitcoin (BTC) Continues Downtrend Despite Daily Transactions Nearing All-Time High
[May 1, 2023 10:00 AM] While Bitcoin (BTC) has continued a downtrend, the asset has recently recorded a high volume in daily transactions nearing its all-time high. According to a report by on-chain analytics provider Glassnode, “Bitcoin daily transaction counts are…
Ordinals Are An Attack On El Salvador’s Bitcoin Mission
[May 1, 2023 6:00 AM] Support for a government-supported Ordinal collection from El Salvador demonstrates misunderstanding of what Bitcoin is really for.This is an opinion editorial by Jaime García, a Salvadoran-Canadian Bitcoiner and co-host of Global Bitcoin Fest.The…
Bitcoin Magazine’s Ordinal Auction Raises Questions About What Bitcoin Is Really For
[Apr 28, 2023 6:00 AM] This publication’s decision to auction off its magazine covers as Ordinal inscriptions sparked debate about how we should use Bitcoin. This is an opinion editorial by Nozomi Hayase, Ph.D., who has a background in psychology and human development.On…
A New Website Lets You Search For Full Text On The Bitcoin Blockchain
[Apr 27, 2023 11:19 AM] Preturino lets users search all plain text available on the Bitcoin blockchain since the genesis block.Preturnio, a full-text search engine for the Bitcoin blockchain, has been introduced, allowing users to scan for Bitcoin transactions that…
Bitcoin Magazine Launches El Salvador Cover Edition Ordinals Giveaway
[Apr 25, 2023 8:05 AM] Bitcoiners will have the opportunity to show how much they disrespect banks and love Bitcoin while potentially earning a Cover Edition ordinal. Bitcoin Magazine has launched a "Disrespectors" giveaway with the potential to win an El Salvador print…
How An Ordinals Collection Could Accelerate El Salvador’s Bitcoin Progress
[Apr 22, 2023 6:00 AM] An official Ordinals collection by El Salvador could accelerate the progress its making with Bitcoin and confer unique benefits on investors. This is an opinion editorial by Steven Hay, a writer, former trader and art dealer.I’m a long-time…
Bitcoin Magazine Announces Auction For Historic Magazine Cover Inscriptions
[Apr 14, 2023 7:00 AM] 1/1 Ordinal inscriptions of the first 23 covers printed by Bitcoin’s oldest publication are up for grabs.Bitcoin Magazine is launching its first-ever Ordinals collection, "Bitcoin Magazine Historic Covers." The collection features 1/1 inscriptions…
Bitcoin Ordinals community debates fix after inscription validation bug
[Apr 10, 2023 8:30 PM] 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.
OpenSea Goes Pro, Ralph Lauren Takes Crypto
[Apr 7, 2023 10:05 AM] Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
Ordinals Are Good For Bitcoin, But More Standards Are Needed
[Apr 7, 2023 6:00 AM] Ordinals are driving a Bitcoin popularity surge, but for that to continue the protocol will need to integrate more standards.This is an opinion editorially by Danny Yang, founder of the Stanford Bitcoin Meetup, who has inscribed the OnChainMonkey…
Magic Eden Announces Ordinals Launchpad For Bitcoin Inscription Collections
[Apr 6, 2023 12:08 PM] The new Launchpad will provide those looking to inscribe directly onto Bitcoin an easy way to build their collection.Magic Eden, an NFT platform, has announced the opening of a Launchpad to inscribe collections using the Ordinals protocol on…