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Arthur Hayes reveals philosophy behind ‘Airheads’ Ordinals collection

Users can choose to complete quest-like directives to receive Airheads or outright purchase the inscribed art through a “Whale Pass.”

Crypto entrepreneur and investor Arthur Hayes recently revealed the details and philosophy behind his new “Airheads” Ordinals, a collection of 10,000 unique cartoonish characters that are balloon-like in appearance and live on the Bitcoin network.

In an article published on his Medium page, Hayes began by explaining that the consumption of art is what gives life its true meaning. He then gave several examples of activities the human race engages in purely for enjoyment and the entertainment of others, such as dance, culinary arts, music and sports:

The entrepreneur then shifted his focus to the core philosophical message behind the Airheads Ordinals collection, explaining that the balloon-like characters represent an indictment against the inflationary policies of the elite class and centralized governments. Each Airhead is “metaphorically filled with the inflation of our day,” said Hayes.

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Bitwise files Form S-1 for spot Solana ETF with SEC

An Introduction to Bitcoin Ordinals

An Introduction to Bitcoin OrdinalsBitcoin Ordinals have emerged as a novel way to enhance the functionality and use of Bitcoin, the original cryptocurrency. By leveraging Bitcoin’s blockchain in a new and innovative manner, Ordinals bring unique value propositions and helps to revitalize Bitcoin’s developer community. What Are Bitcoin Ordinals? In simple terms, Bitcoin Ordinals are digital collectibles created by […]

Bitwise files Form S-1 for spot Solana ETF with SEC

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network EfficiencyWith Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this can be achieved by integrating advanced layer two (L2) solutions which expand the […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution

pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency.

Binance Labs-backed liquid staking protocol pStAKE Finance has unveiled its liquid staking solution for Bitcoin in the latest development for Bitcoin-native decentralized finance (DeFi).

pSTAKE Finance’s solution, built on top of Babylon’s Bitcoin staking protocol, aims to simplify the Bitcoin staking process and offer additional yield generation opportunities for Bitcoin (BTC) holders.

The protocol decided to build Bitcoin-based staking solutions from a fundamental belief in the world’s oldest cryptocurrency, aiming to make it a yield-generating asset, according to Mikhil Pandey, the co-founder and chief strategy officer of pSTAKE Finance.

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Bitwise files Form S-1 for spot Solana ETF with SEC

Summer will offer ‘perfect opportunity’ for investing in crypto — Arthur Hayes

The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.

According to BitMEX co-founder Arthur Hayes, the next few months will offer an ideal opportunity to accumulate crypto before the next leg up of the bull market kicks in.  

“Those people who have fiat and extra cash that want to allocate to crypto, this is the perfect opportunity to do so,” Hayes told Cointelegraph in an exclusive interview, referring to the current rangebound market. 

According to Hayes, inflationary monetary policies will play the main role in propelling Bitcoin (BTC) and the broader cryptocurrency market higher later this year.

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Bitwise files Form S-1 for spot Solana ETF with SEC

New record: Bitcoin processes 1.6M confirmed payments in a day

The launch of Bitcoin Runes played an important role in the spike in the total number of transactions over the Bitcoin network.

Amid increasing Bitcoin (BTC) use for day-to-day purchases, the Bitcoin network recorded the highest number of confirmed payments on April 23. 

Three days after stepping into the new halving cycle on April 20, the Bitcoin network processed over 1.6 million unique transactions between sender and receivers.

Comparing data from Blockchain.com and Glassnode shows a direct correlation between the launch of Bitcoin Runes — an alternative to Bitcoin Ordinals and the BRC-20 protocol on the Bitcoin blockchain — and the spike in daily Bitcoin transactions.

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Bitwise files Form S-1 for spot Solana ETF with SEC

Ordinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services

Ordinals Explorer Ord.io Nets M in Pre-Seed Round to Pioneer Next-Gen Bitcoin ServicesOn Wednesday, Ord.io, the Ordinals explorer, announced a $2 million pre-seed funding achievement to pioneer the expansion of Runes. Leonidas, the founder of Ord.io, stated that the startup is strategically positioning itself to “serve the next generation of bitcoiners.” Ordinals Explorer Ord.io Receives $2M Boost In 2024, a significant number of startups connected to the […]

Bitwise files Form S-1 for spot Solana ETF with SEC

‘Real opportunity’ for Bitcoin Runes will come after first wave of investor hype

Due to their initial lack of utility, Runes will trade akin to volatile memecoins at the beginning, according to pseudonymous DeFi researcher Ignas.

Bitcoin Runes, a new protocol for issuing fungible tokens on the Bitcoin network, is set to go live with the Bitcoin halving later this week.

Yet, the real market opportunity for Runes may only come months after the first wave of investor hype subsides, according to pseudonymous decentralized finance (DeFi) researcher, Ignas, who wrote in an April 17 X post:

Rune floor prices could see a significant drop, mainly because they don’t immediately improve the trading experience of BRC-20 tokens, and because small traders may be priced out of the increasing Bitcoin transaction fees, according to the pseudonymous researcher.

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Bitwise files Form S-1 for spot Solana ETF with SEC

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections LeadSales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world assets and NFTs with built-in utility. […]

Bitwise files Form S-1 for spot Solana ETF with SEC