News with the tag "Bitcoin inscriptions"

Unyted we (meta) stand Many of the fancy metaverse projects take loooong to build and often require developers and budgets just to stay alive. In fact, one of my favorite ones had the whole company collapse around it in the build phase. I absolutely love what we’ve built with Superworld , for exampl...

In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-larges...

Data shows that Bitcoin active addresses have plunged, but the transaction count has been around an all-time high (ATH). Here’s why this may be so. Bitcoin Active Addresses And Transaction Count Have Diverged Recently According to the latest weekly report from Glassnode, the Bitcoin network has been...

Within four days, transactions on the Near Protocol jumped 12x. 100% of the inscriptions have been minted. Transactions on the NEAR Protocol [NEAR] blockchain surged to unexpected levels between the The post Adopting Bitcoin Inscriptions Sends Near Transactions Soaring appeared first on BitcoinWorld...

Bitcoin Ordinals NFTs dominate transactions, while declining miner revenue and increased difficulty pose challenges, potentially impacting BTC's price in the long run.

Despite Bitcoin Ordinals' rise, there has been some restriction. Now, developers want to solve them.

Bitcoin has witnessed a surge in activity caused by large interest in Ordinals and Inscriptions. Miner revenue could increase over the last few days as well.

As Inscriptions surge on the Bitcoin network, generating substantial volumes and fees, miners reap the benefits.

Summary: A trader splurged almost $1 million buying Bitcoin Inscription #5232025 amid growing debates about congestion on the BTC network. This particular BTC Inscription holds 50,000 ORDI coins, the native asset of Ordinals Protocol which was created by developer Casey Rodarmor. ORDI was introduced...

On-chain data shows that Bitcoin taproot utilization has sharply surged recently as BRC-20 tokens like Pepe Coin have exploded in popularity. Bitcoin Taproot Utilization Has Crossed The 43% Mark Recently As pointed out by Rafael Schultze-Kraft, the co-founder of the on-chain analytics firm Glassnode...