2023 highlights and 2024 forecast
As the year draws to a close, we do an NFT market analysis, mapping its trajectory and comparing it with the predictions experts have laid out for 2024. 2023 was …
Ordinals
Bitcoin Miners Unload 3,000 BTC, Eyes on Price Impact: Data
Bitcoin miners are experiencing significant gains, thanks to a surge in transaction fees that have reached their highest levels since April 2021, primarily driven by the increasing demand for Ordinals …
Taproot Wizards Contributor Rijndael Offers Christmas Gift to Bitcoin Ordinals Critics
The rise and triumph of the Ordinals in 2023 have provoked the ire of Bitcoin maximalists. The surge in transaction fees, in particular, has heightened tensions between the two factions …
BRC-20 token ORDI jumps 30% on Christmas
The native token of Casey Rodarmor’s Ordinals Protocol recorded double-digit price gains in 24 hours during the holidays, along with other BRC-20 cryptocurrencies. ORDI rallied as much as 37% on …
Surge in Inscriptions on EVM Chains: Etherscan Reports
A recent development has seen a substantial increase in transaction activities on major Ethereum Virtual Machine (EVM) chains. According to Etherscan, a widely used blockchain analytics platform, 95% of these …
Ordinals and BRC-20 Are Not Displacing Normal BTC Transactions: Glassnode
Ordinals critics are wrong in claiming that inscriptions – especially BRC-20 tokens – are a denial of service attack on regular Bitcoin (BTC) transfers, on-chain analysis suggests. According to lead …
Trading Vol Breaks New Record
The Bitcoin Ordinals market witnessed a remarkable surge in trading activity, with the volume surpassing $36 million on December 12 and subsequently establishing a new record. The excitement surrounding SATS …
Bitcoin Inscriptions Highlighted as Cybersecurity Risk by National Vulnerability Database
In a December 9 announcement, the National Vulnerability Database (NVD) identified a critical vulnerability in Bitcoin’s inscriptions, potentially impacting the Ordinals Protocol developed in 2022. The NVD, overseen by the …
U.S. agency identified Bitcoin inscriptions as cybersecurity risk
The U.S. National Vulnerability Database (NVD) has recognized that BRC-20 standard tokens exploit a vulnerability in the Bitcoin code. According to the official notice, in some versions of the backbone …
We Asked ChatGPT if Bitcoin Ordinals Will Drive the Next BTC Market
TL;DR Popularity of Bitcoin Ordinals: These NFT-like features on the Bitcoin blockchain have gained significant attention, marked by over 46 million inscriptions and high transaction fees, indicating growing interest. Influence …