Ordinals based RATS (RATS) Token Listed in Bitget’s Innovation Zone

RATS (RATS) token is now available for purchase and sale in the BRC20 and BTC Ecosystem Zones via Bitget’s Innovation Zone. The trading corridor for RATS tokens is now open. The Bitcoin Ordinals protocol enables users to use satoshis as the cryptocurrency unit.

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Bitcoin Ordinals Token Ecosystem Emerges as Latest Crypto Play, Led by ORDI Hype

Overall capitalization of such tokens has risen over 21% in the past 24 hours, outperforming most other token sectors.

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ORDI price nears a record high as Bitcoin Ordinals NFT sales soar

ORDI token price continued this week as it surged to the highest level since May this year. The coin surged to a high of $28.37, which was about 845% above the lowest point this year. Its total market cap has surged to over $524 million, making it one of the fastest-growing tokens in the world.  […]

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High Volume Gainers: Ordinals and Celestia surge as investors eye innovation in digital assets

Price movements among high-volume tokens over the past 24 hours have seen several tokens outperform Bitcoin and Ethereum, which saw a 0. 45% loss and 0. 05% gain, respectively, by some margin. Leading the pack with remarkable gains, Ordinals (ORDI) and Celestia (TIA) have showcased impressive surges, highlighting the ever-evolving landscape of digital assets.

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Bitget Lists SATS Tokens As Investors “Feel More Potential In Smaller Numbers”

Crypto exchange Bitget joined the memecoin frenzy, listing the latest BTC20 token SATOSHIS (SATS). The token, which challenges our conventional understanding of Bitcoin’s divisibility, is an integral part of the BRC20 Ordinals ecosystem.

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Bitcoin Ordinals Protocol Token ORDI Rockets 50% on Binance Listing

The Ordinals protocol lets users issue tokens, artwork, text, audio and video on the Bitcoin blockchain.

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Elon Musk’s take on NFTs sparks support for Bitcoin Ordinals

While deriding nonfungible tokens on a podcast, Tesla’s CEO, Elon Musk, inadvertently turned the spotlight onto Bitcoin Ordinals, the Bitcoin network’s version of NFTs. In an interview released on Oct.

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Bitcoin's BRC-20 and Ordinals Inscriptions: Unraveling the decline

Magic Eden on Bitcoin to suspend BRC-20 trading. BRC-20 transactions and Ordinals Inscriptions have declined over the past few weeks. The emergence of Ordinal Inscriptions and BRC-20 tokens The post Bitcoin's BRC-20 and Ordinals Inscriptions: Unraveling the decline appeared first on AMBCrypto.

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Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock

The "Unbroken Chain" fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin.

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Jump Crypto Backs $5M Round for Bitcoin Wallet Xverse

The Web3 app supports Ordinals, the technology that brought non-fungible tokens to the Bitcoin ecosystem.

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Bitcoin miner revenue stabilizes as Inscriptions demand wanes

Since the beginning of 2023, a new form of non-fungible tokens (NFTs), known as Bitcoin Ordinals Inscriptions, has ignited widespread interest in the crypto space. The popularity of Inscriptions can be attributed to their novelty and the unique value proposition they offer.

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LFG Market Integrates Portal to Offer Trustless Cross-chain Ordinals Trading

Portal, a self-hosted wallet and true cross-chain Layer-2 DEX built on Bitcoin, is thrilled to announce that LFG Market, a marketplace for Ordinal NFTs and Bitcoin-based BRC-20 tokens, has chosen to integrate the Portal DEX protocol to offer users cross-chain trading of Ordinals and BRC-20 tokens.

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Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions

Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.

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New Protocol Aims to Cut Bitcoin NFT Costs by 90%

Bitcoin Ordinals launchpad, Luminex, introduced a new standard, BRC-69, aiming to reduce the cost of Bitcoin non-fungible tokens (NFTs) by 90%. The post New Protocol Aims to Cut Bitcoin NFT Costs by 90% appeared first on BeInCrypto.

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Ethscriptions Lands On Ethereum After Ordinals Inscription Success On Bitcoin

Ethereum developers have drawn inspiration from Bitcoin in non-fungible tokens (NFTs), an area of speciality for the decentralized blockchain giant. A new protocol that offers users a new way to create NFTs hit Ethereum over the weekend with lots of buzzes over its possibilities.

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Bitcoin developers clash: Has BRC-20 tokens’ time run out?

Some developers of the Bitcoin network argued against Ordinals and BRC-20's existence. While others saw no problem, the market cap of the memecoins did witness a drop.  A fracas erupted in The post Bitcoin developers clash: Has BRC-20 tokens’ time run out? appeared first on AMBCrypto.

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Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M

Quick Take Looking at Bitcoin miner fees, they are still elevated compared to previous years. The total fee paid to miners is currently around 70 Bitcoin per day, $1. 8 million. Before Ordinals and BRC-20 tokens became a thing this year, on average, miners received around 20 Bitcoin daily.

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Considerations Before Investing In BRC 20 Tokens In 2023

Tokens called BRC20, also known as “Bitcoin Request for Comment 20” tokens, are a brand-new kind of token that functions on the Bitcoin network. The Ordinals protocol, which enables users to save a script file on Bitcoin and use that to ascribe tokens to certain satoshis, is used to develop them. Although BRC20 tokens have […]

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Ethereum NFTs Bridge to Bitcoin with BRC-721E Launch

Bitcoin’s NFT sector has received a substantial boost with unveiling the BRC-721E token standard, enabling the migration of Ethereum-based ERC-721 tokens to the Bitcoin network. This milestone is a joint venture by Ordinals.

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Bitcoin Ordinals reaches milestone with BRC-20, but...

The number of Inscriptions shot beyond the 10 million limit. Despite the contribution of BRC-20 tokens, the price decreased. Since its introduction at the beginning of the year, the number oThe post Bitcoin Ordinals reaches milestone with BRC-20, but... appeared first on AMBCrypto.

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Bitcoin to launch its first USD-pegged stablecoin, details here

A total of 24,677 BRC-20 tokens minted with a market cap of $447 million. The total number of Ordinals inscriptions broke past 9 million at the time of writing. May of 2023 proved to be a reThe post Bitcoin to launch its first USD-pegged stablecoin, details here appeared first on AMBCrypto.

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Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin

Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens.

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The Rise of BRC20 Tokens

BRC20 or (Bitcoin Request for Comment 20) tokens are a new type of token that runs on the Bitcoin blockchain. They are created using the Ordinals protocol, which enables users to store a script file on Bitcoin and use that to attribute tokens to individual satoshis.

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Bitcoin becomes second-largest NFT chain by volume

Data shows that the trading volume of Bitcoin (BTC) non-fungible tokens surpassed that of popular blockchains like Solana, Mythos, and Polygon in the last 30 days. Bitcoin’s new fame in digital collectibles can be attributed to the current ordinals and…

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OKX: Hub for Trading Bitcoin Ordinals

Leading Web3 technology firm OKX has announced plans to launch Ordinals Marketplace on OKX Wallet, enabling users to mint and trade Bitcoin Ordinals and BRC-20 tokens. This step highlights OKX’s ongoing support for the Bitcoin ecosystem, positioning the OKX Wallet as the only multichain wallet facilitating trading and minting of Ordinals, BRC-20 tokens, and NFTs […] The post OKX: Hub for Trading Bitcoin Ordinals appeared first on NFT News Today.

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OKX follows Binance in enabling support for Bitcoin Ordinals

Crypto exchange OKX said its wallet would soon support Bitcoin (BTC) Ordinals and BRC-20 tokens trading. According to a May 16 statement, the exchange would enable support for BRC-20 token trading and BTC cross-chain swap this week, while support for Ordinal inscriptions and token casting would be allowed in June.

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OKX Wallet launches Ordinals Marketplace to support BRC-20 trading

The Ordinals Marketplace will offer features that include minting and trading of Bitcoin Ordinals OKX Wallet to support Lightning Network and staking for Stacks (STX) and BRC-20 tokens OKX to attend the Bitcoin Builders Conference in Miami OKX, one of the leading cryptocurrency exchanges and Web3 technology company, today announced the launch of Ordinals Marketplace […] The post OKX Wallet launches Ordinals Marketplace to support BRC-20 trading appeared first on CoinJournal.

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The NFT Dojo: DogeMiyagi and Ordinals To Rise — Polygon and BAYC Enter the Arena

Cryptocurrencies have long dominated the FinTech world. However, the rise of non-fungible tokens (NFTs) has sparked fervour as it reshapes the beauty of art, gaming, and other industries. In the mighty walls of NFTs, Ethereum holds the mantle as the top host, housing the most prominent names in the game. Polygon (MATIC) and Bored Ape […]

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Ordinals and BRC-20 will disappear in a matter of months, says JAN3 CEO

The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.

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Ordinals explained: New era of NFTs on Bitcoin network?

The Bitcoin (BTC) network is witnessing a paradigm shift as ordinals, an advanced breed of non-fungible tokens (NFTs), rapidly gain traction within the crypto sphere. April 2023 saw the daily ordinals inscriptions record smashed several times, illustrating the escalating curiosity…

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Bitcoin mempool starts to clear as fee paid per block falls back to one

The cryptocurrency space has been buzzing this week with BRC-20 tokens' market cap exceeding $500 billion, fueled by the rise of Ordinals earlier this year. CryptoSlate reported an unusual phenomenon: Bitcoin miners receiving more income from transaction fees than block rewards.

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Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners

The introduction of NFTs and BRC-20 tokens on the Bitcoin network through the Ordinals Protocol has sparked debate over its effects on transaction fees and chain bloat. Despite these concerns, Glassnode data analyzed by CryptoSlate reveals unexpected benefits for Bitcoin miners.

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Binance NFT Marketplace Expands Ecosystem With Support For Bitcoin NFTs

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BRC-20 tokens creating a frenzy as users pour BTC into minting tokens

BRC-20 tokens have created a frenzy over the last few days. Users are pouring BTC to mint the token that is settled on the Bitcoin Blockchain via Ordinals inscription. Bitcoin sidechain Mintlayer CEO Enrico Rubboli however feel that the technology to mint the BRC tokens is “heavily flawed and isn’t in line with the axioms […] The post BRC-20 tokens creating a frenzy as users pour BTC into minting tokens appeared first on Invezz.

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BRC-20 tokens approach $1B market cap

Quick Take A total of 14,079 different tokens have been minted using the BRC-20 standard. BRC-20 is a token standard on the Bitcoin blockchain, named after Ethereum’s ERC-20. The idea of BRC-20 is to create fungible tokens via the Ordinals protocol.

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Why is the crypto market down today?

The crypto market cap was down 3. 2% in the past 24 hours to $1. 2 trillion as Binance halted BTC withdrawals. The exchange’s action followed massive network congestion for Bitcoin amid increase in fees as tokens with inscriptions and ordinals pumped.

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The new “flippening”: Bitcoin fees surpass block reward for miners

In this Alpha exclusive, we delve into the recent explosion of Bitcoin fees due to the emergence of Ordinals and BRC-20 tokens, and the role Taproot plays in their entry to the Bitcoin blockchain.

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Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

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.

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Bitcoin Weekly Transactions Hit New High As Ordinals Mint Goes Past 2.5 Million, Sets New Record

Bitcoin (BTC) Ordinals, popularly referred to as Bitcoin non-fungible tokens (NFTs), are steering a new pathway for the growth of the Bitcoin network despite the harsh criticism from a section of the community in its development phase.

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Bugs Discovered On Ordinals Protocol As Bitcoin Rips Above $30,000

Bitcoin prices are now trading above $30,000 for the first time in over eight months. The rally coincides with the discovery of an indexing bug in Ordinals protocol, a platform where users can mint non-fungible tokens (NFTs) on Bitcoin.

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Magic Eden Unveils New Bitcoin NFT Ordinals Launchpad for Creators

Coinspeaker Magic Eden Unveils New Bitcoin NFT Ordinals Launchpad for Creators The launchpad will allow Magic Eden to seamlessly onboard creators to the ecosystem and thus easily facilitate the creation of tokens on the Bitcoin network.

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Yuga Labs To Mint 300 NFTs On Bitcoin, Will It Be A Gamechanger?

Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) collection, will mint Ordinals inscriptions, similar to non-fungible tokens (NFTs), on the Bitcoin network. Yuga Labs To Mint TwelveFold NFTs On Bitcoin In an announcement on February 27, Yuga Labs said they will mint 300 limited edition generative pieces and inscribe them on Bitcoin’s satoshis.

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Allure of Bitcoin Ordinals, DeFi Drives Crypto Funds to Bitcoin Layer 2-Token Stacks

The price of Stacks’ native STX token has doubled in two weeks on the back of strong growth for Bitcoin-based non-fungible tokens.

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Ordinals Project Surpasses 11,000 NFT Mints In Weeks Amid Criticisms From Bitcoin Maxis

For the past few weeks, the Bitcoin (BTC) community has been divided over the introduction of non-fungible tokens (NFTs) to the blockchain last month, with many calling for more innovations on the blockchain.

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After CryptoPunk NFT Copies Are Minted as Bitcoin Ordinals, Will Bored Apes Follow Suit?

"Byte-perfect uploads" of the 10,000 CryptoPunk non-fungible tokens (NFTs) are on the Bitcoin network now. Will Bored Apes follow suit? The post After CryptoPunk NFT Copies Are Minted as Bitcoin Ordinals, Will Bored Apes Follow Suit? appeared first on BeInCrypto.

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Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs, CryptoQuant Says

Transactions are coming from the popularity of the recently deployed Ordinals protocol, which allows for NFT-like tokens to be stored on-chain.

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CryptoQuant: Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs

Transactions are coming from the popularity of the recently-deployed protocol Ordinals, which allows for NFT-like tokens to be stored on-chain.

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