Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

April 27, 2024 Bitcoin.com

While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from […]

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Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles

April 4, 2024 Bitcoin.com

Binance

In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions by May 18, 2024. Binance NFT Marketplace to End Ordinal […]

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Wu-Tang’s Ghostface Killah to Release Exclusive Music Collection on Bitcoin Blockchain

March 20, 2024 Bitcoin.com

bitcoin music

This week, the popular American rapper and Wu-Tang Clan member, Ghostface Killah, declared his intention to release exclusive tracks on the Bitcoin blockchain. The influential hip-hop artist mentioned that this issuance will encompass a 10,000-piece collection, granting owners the rights to the music. Ghostface Killah Innovates With Bitcoin-Backed Music Rights Collection Tracks produced by Wu-Tang […]

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Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop

March 4, 2024 Bitcoin.com

4 MB block

During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain Witnesses Unprecedented 4 MB Block Over the recent weekend, Marathon, a […]

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Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

May 16, 2023 Bitcoin.com

Bitcoin

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than […]

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Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum

May 16, 2023 Bitcoin.com

Bitcoin

On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in fees by confirming inscription transactions which equate to roughly $35.86 million in added onchain fees. […]

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Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz

May 16, 2023 Bitcoin.com

Bitcoin

On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage of the ability to view and […]

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A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen

May 11, 2023 Bitcoin.com

abuse

The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between former Bitcoin developer Gavin Andresen and the network’s […]

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Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months

April 28, 2023 Bitcoin.com

bitcoin blockchain

As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted on December 16, 2022, at block height 767,753. In total, inscription minting fees have amounted to […]

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Bitcoin Stamps Surpass 18,000 Collectibles, Creativity Takes Center Stage

April 22, 2023 Bitcoin.com

Bitcoin Stamps

With the latest non-fungible token (NFT) trend on the Bitcoin blockchain, known as Bitcoin Stamps, users have issued more than 18,000 digital collectibles on the network. While this figure falls short of the number of Ordinal inscriptions, stamp creators are exploring new ways to leverage this technology. Number of Bitcoin Stamps Rises Above 18,000 A […]

Ordinal inscriptions

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