Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement

The increase in Ordinals fees caused a surge in miners' revenue.  However, metrics for BTC were bearish, suggesting a further price decline.  Bitcoin [BTC] Ordinals is creating new milestoThe post Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement appeared first on AMBCrypto.

148 +

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.

241 +

Bitcoin [BTC]: Interest in Ordinals rises, but is FUD on the way?

Interest in Bitcoin Ordinals continued to rise. FUD and Speculation around the U.S. government and Mt.GOX wallets impacted trader behavior. Upon their initial introduction, Bitcoin [BTC] insThe post Bitcoin [BTC]: Interest in Ordinals rises, but is FUD on the way? appeared first on AMBCrypto.

356 +

Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more

Bitcoin transaction fees from Ordinals inscriptions have exploded by 240% over the last month.

195 +

BTC miners are on winning spree despite a sluggish move to $30,000. Assessing...

Bitcoin miners have been witnessing a rise in momentum in revenues The combination of new BTC addresses and growing ordinals inscriptions have contributed to the rising fees Bitcoin [BTC] maThe post BTC miners are on winning spree despite a sluggish move to $30,000. Assessing... appeared first on AMBCrypto.

291 +

Суточные комиссий за выпуск биткоин-NFT установили максимум

23 марта ежедневный объем комиссий за выпуск NFT на блокчейне первой криптовалюты достиг максимума на отметке 9,28 BTC, согласно Dune Analytics. Ordinals just smashed its prior ATH for daily fees spent inscribing.

163 +

BAYC clones rise as BTC ordinals fees spike

As a result of the increased interest in digital collectibles sparked by replicas of a top NFT line, the total number of bitcoin ordinals has already surpassed 550,000.

291 +

Bitcoin Ordinals could help BTC miners in the long-run- Here's how

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 networkThe post Bitcoin Ordinals could help BTC miners in the long-run- Here's how appeared first on AMBCrypto.

268 +

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 beThe post Bitcoin Ordinals and how it relates to recent miner interest: Decoding... appeared first on AMBCrypto.

515 +

Stacks price more than doubled on Bitcoin ordinals hype, but why?

Recent reports by Matrixport suggested that Stacks (STX) might well be destined to become a "multibillion dollar token" thanks to its association with new bitcoin-based (BTC) non-fungible token (NFT) protocol Bitcoin Ordinals.

211 +

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 BitcThe post Bitcoin [BTC]: How Ordinals and miners catapulted prices appeared first on AMBCrypto.

274 +

Bitcoin NFT War Looms as BTC Layer 2 Stacks (STX) Upgrade Set to Challenge Ordinals

30-Day Trading Volume for Stacks-based NFTs

The post Bitcoin NFT War Looms as BTC Layer 2 Stacks (STX) Upgrade Set to Challenge Ordinals appeared first on BeInCrypto.

268 +

Bitcoin miner reserve balances flatten out as Ordinals appear

The bitcoin miner reserve has remained stable in February, and miners are still making a profit due to the appearance of Ordinals, NFTs on bitcoin blockchain. Meanwhile, BTC has had a good past few days whereby it surpassed the $24,000…

180 +

First Mover Americas: Bitcoin ‘Ordinals’ Boom Prompts NFT Activity Surge

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

159 +

Chances of Bitcoin's 'drop below $20k as of any month-end is very small' - Here's why

One of the crypto analysts states that BTC will likely remain above $20,000 Ordinals improve the state of BTC miners. In the last few days, Bitcoin dominated headlines as it surged past the The post Chances of Bitcoin's 'drop below $20k as of any month-end is very small' - Here's why appeared first on AMBCrypto.

272 +

Here's What Makes Bitcoin (BTC) NFTs Ordinals Different

Dotta, anonymous NFT developer and creator of ERC721 software license, explains what is special about Bitcoin (BTC) digital collectibles

265 +

Record 44 Million Non-Zero BTC Addresses Thanks to Ordinals NFTs

Since the launch of Bitcoin NFTs, Ordinals, a new record of 44 million non-zero Bitcoin addresses has been set, according to the analytics platform Glassnode. After launching on January 21, it’s the first time the Bitcoin network has been used for non-monetary purposes.

252 +

Bitcoin transaction fees rise roughly 300% as NFTs take up more block space

The rise of bitcoin (BTC) ordinals NFTs has seen transaction fees rise by 300% to around $0.77, on-chain data shows.

236 +

Decoding Ordinals NFT project on Bitcoin- Can it compete with ETH NFTs?

Bitcoin-native NFTs recorded a 25% growth in network fees. Bitcoin mining revenue rose sharply, powered by an increase in transactions.  The new Ordinals NFT platform on Bitcoin [BTC] recorThe post Decoding Ordinals NFT project on Bitcoin- Can it compete with ETH NFTs? appeared first on AMBCrypto.

288 +

Bitcoin Punks: Ordinal NFT Collection Soars in Value

Late Wednesday night, one Ordinal Punk NFT, minted on the Bitcoin native Ordinals Protocol, sold for 9.5 BTC, about $214,000.

271 +

Bitcoin Activity Hits Highest Since May 2021 As NFTs Gain Steam

On-chain data shows that Bitcoin network activity is now at its highest level since May 2021 as Ordinals NFTs have been rapidly gaining popularity. CryptoQuant’s Bitcoin Network Activity Index Has Shot Up Recently As per data from the on-chain analytics firm CryptoQuant, the BTC network has seen a significant uptick in activity. The relevant indicator […]

104 +

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.

457 +