As of this weekend, more than 50,000 Ordinal inscriptions are hosted on the Bitcoin blockchain as the trend has continued to rise.
shows that people are not only adding images to the Bitcoin blockchain through Ordinal inscriptions, but also text, video, applications, and audio. Although images are the most common attachment, text and video inscriptions follow in popularity. Ethereum advocates are also utilizing Ordinal inscriptions, as many ETH-based NFTs are being inscribed onto the Bitcoin blockchain.
. “This is a historic precedent that mirrors the historic first of all 10K OCM Genesis being created onchain on Ethereum in one transaction.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Punks: Ordinal NFT Collection Soars in ValueAs the hype around Bitcoin NFTs continues to grow, one project that resembles the popular CryptoPunks collection is rapidly climbing in value, the “Bitcoin Punks.” camgthompson reports:
Read more »
Coinkite Launches ‘Higher-End’ Coldcard Bitcoin Wallet With QR Code Scanner – Bitcoin NewsThe bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1.
Read more »
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin NewsDefunct cryptocurrency lender Celsius aims to secure more than $14 million from bitcoin mining rig credits and coupons backed by Bitmain.
Read more »
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend – Market Updates Bitcoin NewsEthereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Bitcoin remains below $22,000.
Read more »
Bitcoin Price Outlook for February – Market Updates Bitcoin NewsFebruary has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty.
Read more »