Bitcoin Inscriptions Get Revolutionary Upgrade, Enabling Video Games On-Chain

Bitcoin Inscriptions have created a huge hype in recent months and divided the BTC community into two parts. And the newest upgrade “Recursive Inscriptions” is likely to be no less controversial. дальше »

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Bitcoin Ordinals Releases Upgrade to Address ‘Cursed Inscriptions’ Problem

The Bitcoin Ordinals protocol developers have introduced a new upgrade to rectify over 71,000 invalid inscriptions previously untradeable. These inscriptions often result from incorrect usage and were rendered useless and untradeable until now. дальше »

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Bitcoin Ordinals and the mystery of the 'cursed Inscriptions'

The new upgrade would make 'cursed Inscriptions' blessed and tradable. The increase in the Inscriptions count has been mild.  Bitcoin [BTC] Ordinals developers implemented the “first stepThe post Bitcoin Ordinals and the mystery of the 'cursed Inscriptions' appeared first on AMBCrypto. дальше »

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Bitcoin Ordinals upgrade addresses ‘cursed inscriptions’ issue

As per the latest reports from an ordinal's code sculptor, ordinals is unveiling an upgrade to resolve the 'Cursed Inscriptions' issue on the bitcoin Protocol. дальше »

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“A One Way Trip”- Ethereum NFTs Can Be Moved To Bitcoin, Developers Reveal

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Bitcoin: Why Ordinals and Inscriptions attracted new addresses

Bitcoin saw a surge in activity brought on by Inscriptions' and Ordinals' popularity. Miner revenue could see a boost due to increased activity; however, rising difficulty posed a challenge. дальше »

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How Bitcoin Inscriptions drove transaction volumes, fees on network

Inscriptions accounted for over 39% of transactions and fees on the Bitcoin network. BTC price declined by over 1% as volume remained neutral. Recent reports indicated that the Bitcoin [BTC]The post How Bitcoin Inscriptions drove transaction volumes, fees on network appeared first on AMBCrypto. дальше »

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The Debate Around “Cursed” Ordinal Inscriptions

Inscriptions that do not get indexed by the ord protocol are known as “cursed,” but whether or not to include them is an ongoing conversation. дальше »

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Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs

A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events. The network’s transaction surged to 10 million a few days after the Ordinals creator, Rodarmor, announced stepping down from the project. дальше »

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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. дальше »

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Bitcoin Ordinals Surpass 10M Inscriptions amid Strong Demand

Coinspeaker Bitcoin Ordinals Surpass 10M Inscriptions amid Strong Demand Casey Rodarmor, the creator of the Bitcoin Ordinals project, announced that he's stepping down as the lead maintainer of the project. дальше »

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Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down

The number of Ordinals has grown from one to 10 million in less than six months.

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Ordinals Attract Ethereum Devs To Bitcoin As Project’s Mass Adoption Skyrockets

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Total Bitcoin Inscriptions count approaches 10M

Quick Take The total Bitcoin Inscription count is approaching 10 million – currently 9,574,192. Inscriptions are the metadata added onto Bitcoin Satoshis via the Witness portion of a Bitcoin transaction. дальше »

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Bitcoin network activity is up, what about BTC?

Bitcoin network activity rebounded, with the potential to reach one million active addresses in June. There was increased interest in Inscriptions, but cautionary signs emerged with declining MThe post Bitcoin network activity is up, what about BTC? appeared first on AMBCrypto. дальше »

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Bitcoin network activity rises, positive sign for BTC?

Bitcoin network activity rebounded, with the potential to reach one million active addresses in June. There was increased interest in Inscriptions, but cautionary signs emerged with declining MThe post Bitcoin network activity rises, positive sign for BTC? appeared first on AMBCrypto. дальше »

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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. дальше »

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Bitcoin miner revenue derived from fees drops to 7%

The cryptocurrency world has seen a new "flippening" as Bitcoin miner fees exploded due to the demand for Inscriptions and BRC-20 tokens. This unusual event even surpassed block rewards for miners. дальше »

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Saylor advocates Ordinals Protocol, eyes global Bitcoin adoption

Michael Saylor, MicroStrategy CEO, has recently voiced his support for developing the Ordinals protocol as a critical component in scaling the cryptocurrency to a broader audience. Saylor believes that Ordinals inscriptions are crucial for Bitcoin and gave two primary reasons in a video shared by the CEO of Ninja Alerts, Trevor Owens. дальше »

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Bitcoin: If and why users are losing interest in Ordinals

Bitcoin Inscription transaction fees took a dip. Miner revenues started to decline while long-term holders continued to show support for BTC. The introduction of Ordinals and Inscriptions toThe post Bitcoin: If and why users are losing interest in Ordinals appeared first on AMBCrypto. дальше »

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Bitcoin: Are users losing interest in Ordinals? This data suggests…

Bitcoin Inscription transaction fees took a dip. Miner revenues started to decline while long-term holders continued to show support for BTC. The introduction of Ordinals and Inscriptions toThe post Bitcoin: Are users losing interest in Ordinals? This data suggests… appeared first on AMBCrypto. дальше »

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Bitcoin Ordinals, would Avorak streamline these NFTs?

Bitcoin Ordinals are digital artifacts linked to the Bitcoin network that comprise inscriptions on satoshis. With each Bitcoin comprising 100M satoshis (sats), the Ordinals minted would potentially comprise an enormous figure in the quadrillions. дальше »

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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. дальше »

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Deciphering the link between Bitcoin's [BTC] block sizes and miner fees

Block size growth driven by Ordinals inscriptions and BRC-20 impacts the Bitcoin network. Bitcoin mining fees witnessed a historic rise as mining difficulty increased. In recent days, the riThe post Deciphering the link between Bitcoin's [BTC] block sizes and miner fees appeared first on AMBCrypto. дальше »

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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… дальше »

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BRC-20 tokens lose 600 million in market cap within four days

Quick Take On May 8, CryptoSlate reported that BRC-20 tokens hit a $1 billion market cap due to the soaring Bitcoin fees that miners were receiving. Yesterday, CryptoSlate reported that inscriptions might have run their course, with the average fee paid per block down from six Bitcoin to one Bitcoin. дальше »

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Bitcoin Blockchain Size Predictions Adjusted Upwards After Ordinals Explosion

The size of the Bitcoin blockchain has increased substantially following the surge in ordinal inscriptions. The post Bitcoin Blockchain Size Predictions Adjusted Upwards After Ordinals Explosion appeared first on BeInCrypto. дальше »

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Research: Bitcoin Inscriptions might have run their course

Bitcoin Ordinal Inscriptions, digital assets akin to NFTs inscribed on a satoshi, have been flooding the Bitcoin network with transactions, pushing it to an all-time high. While miners enjoy record-breaking profits from the fees generated, a surprising negative correlation has emerged between the number of transactions and active addresses. дальше »

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Bitcoin Inscriptions nearing 5M: miner’s future earnings amid economic uncertainty

Quick Take Inscriptions which is the process of writing data into the blockchain via the Witness portion of a Bitcoin transaction. The total count of Inscriptions is now approaching 5 million; as you can see, it predominately comes from text-based inscriptions. дальше »

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Binance’s NFT Marketplace Adds Support for Bitcoin NFTs

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. дальше »

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Ordinals inscriptions approach 4.8M, nearly doubling in just over a week

The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in just eight days.

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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. дальше »

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Super Testnet finds a zero-value bug in the Ordinals program

Super Testnet has discovered a bug in the Bitcoin Ordinals program, with zero input and output values, and debugging it will likely affect all inscriptions after it.  Super Testnet, a bitcoin-focused independent freelance software developer, found a bug in the… дальше »

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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. дальше »

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Bitcoin On-Chain Transactions Skyrocket: What's Behind the Surge?

The recent surge in Bitcoin on-chain transactions has been driven by the growing popularity of text inscriptions related to the BRC20 token standard, according to Rafael Schultze-Kraft дальше »

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Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text

Over $8 million in fees have been paid to the network by inscription creators since their inception. дальше »

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Assessing Bitcoin's [BTC] state as Ordinals hit a new record

Ordinals’ block size decreased as the text type of ordinals grabbed the largest share of total inscriptions. BTC’s price might witness a correction soon, as suggested by a few metrics.  The post Assessing Bitcoin's [BTC] state as Ordinals hit a new record appeared first on AMBCrypto. дальше »

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Users inscribing as many as 5k ‘NFTs’ on every bitcoin block

At peaks, there can be as many as 5,000 unique inscriptions on every bitcoin block, fresh data from Dune Analytics on May 1 shows. дальше »

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Bitcoin Daily Transactions Reach New All-Time High, Thanks to Ordinals

Bitcoin has consolidated above $29,000, coinciding with increased Ordinals Inscriptions on the blockchain network. The post Bitcoin Daily Transactions Reach New All-Time High, Thanks to Ordinals appeared first on BeInCrypto. дальше »

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Bitcoin Magazine’s Ordinal Auction Raises Questions About What Bitcoin Is Really For

This publication’s decision to auction off its magazine covers as Ordinal inscriptions sparked debate about how we should use Bitcoin. дальше »

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Ordinals Finance steals $1m from users, OFI token crashes 95%

Ordinals Finance, a platform on Ethereum that allowed users to trade Bitcoin Ordinals' inscriptions, has deleted their Twitter and Telegram handles and rugged users off $1 million, as per CertiK, a blockchain security firm. дальше »

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Assessing Bitcoin Ordinals resurgence as Inscriptions make new record

Ordinals Inscriptions are unique digital assets created using Bitcoin's native scripting language. Bitcoin Ordinals are struggling with improved activity on several marketplaces. Bitcoin [BThe post Assessing Bitcoin Ordinals resurgence as Inscriptions make new record appeared first on AMBCrypto. дальше »

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Bitcoin Inscriptions surge: 200k created in one day – yet demand remains minimal

Quick Take CryptoSlate recently reported that Inscriptions passed the one million milestone. A new record was set for the biggest one-day count for Inscriptions — roughly 200,000 Inscriptions were created on April 23. дальше »

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Bitcoin Magazine to Auction Historic Magazine Covers As 1 of 1 Inscriptions

Historic 1/1 Ordinal inscriptions of the first 23 covers printed by Bitcoin’s oldest publication are up for grabs. дальше »

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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.

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Bitcoin community discusses solutions to Ordinals protocol bug 

Bitcoin Ordinals community discusses solutions to protocol bug affecting over 1,200 unverified inscriptions after conducting opinion polls. дальше »

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Bitcoin Ordinals community debates fix after inscription validation bug

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. дальше »

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Bitcoin holders, do you wonder what's up with BTC network? Read this

Bitcoin holders stay put despite high market volatility. Bitcoin inscriptions contribute massively to the fees generated by miners, offsetting some selling pressure. The surge in the value oThe post Bitcoin holders, do you wonder what's up with BTC network? Read this appeared first on AMBCrypto. дальше »

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Bitcoin inscriptions cross 1M to reach new record-breaking heights

Quick Take Over the weekend, we saw the one millionth Bitcoin inscription. This a historic feat in such a short time, as inscriptions only started to occur at the beginning of 2023. As a result of the surge in Inscriptions, this has been a net benefit for Bitcoin miners as their fees have skyrocketed. дальше »

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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. дальше »

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