Why did Binance ditch Ordinals — and will the market survive?

Data shows Binance’s NFT marketplace wasn’t really a popular destination for Ordinals anyway — with traders now fixated on Runes instead. Binance’s decision to scrap support for Ordinals in April raised eyebrows among Bitcoin enthusiasts. The embattled exchange, which has…

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Binance lists ORDI, confuses it with Bitcoin Ordinals project

This article was updated to reflect that Binance and other users confused ORDI with the Bitcoin Ordinals token. The largest cryptocurrency exchange, Binance, announced the listing of ORDI, which was initially confused with Bitcoin Ordinals’ native project. Users can already…

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Binance Pool launches Ordinals inscription service

Binance Pool, the Bitcoin (BTC) mining pool, is launching an Ordinals inscription service for users to annotate satoshis, store ownership records, and more

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Crypto Market Forecast: Week of June 19th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, A heavily backed Blackrock bitcoin ETF application creates market optimism, Binance.US finds a middle ground in its ongoing battle against the SEC, and Bitcoin Ordinals are not making the Bitcoin unsustainable to download.

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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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Crypto Market Forecast: Week of May 15th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, Binance follows competitors by adding a Bitcoin Lightning integration, Ordinals boosts the activity on the Bitcoin network but raises fees, and onchain data reveals that deposit demand has offset withdrawal demand following Ethereum's Capella upgrade.

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Musk’s Milady Meme, Opening Up Ordinals

Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.

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Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9

At the Metaverse Entertainment Worlds conference, Stephen Castell discussed how blockchain and AI are transforming ethics and banking.

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Binance NFT Marketplace Expands Ecosystem With Support For Bitcoin NFTs

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Binance’s NFT marketplace to support Bitcoin Ordinals

Crypto exchange Binance said its marketplace would enable support for Bitcoin (BTC) Ordinals. In a May 8 statement, Binance said it was enabling support for Bitcoin NFTs to elevate its marketplace to a multi-chain, open marketplace ecosystem, where users can explore and trade a variety of NFTs across multiple blockchains from their accounts.

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На Binance появится поддержка биткоин-NFT

Криптобиржа Binance анонсировала интеграцию Bitcoin Ordinals cо своим NFT-маркетплейсом в конце мая.   В настоящее время торговая платформа невзаимозаменяемых токенов поддерживает три сети — BNB Chain, Ethereum и Polygon.

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Bitcoin ordinals hit Binance NFT Marketplace in latest update

The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets.

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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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First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause

PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.

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