Bitcoin Ordinals profitability falls in July, but total inscriptions pile on

Revenue for NFT services on the Bitcoin network, or the aggregate value of marketplace fees and creator royalties, declined over July even as total Ordinals inscriptions crossed 20 million.

• 2023-08-02
• Ordinals Bitcoin network market capitalization NFTs profitability inscriptions Bitcoin prices Bitcoin NFTs

The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers

The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.

• 2023-08-02
• Ordinals non-profit organization core developers protocol development open-source development Bitcoin

Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions

Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.

• 2023-07-11
• Ordinals inscriptions

Daily Ordinals Inscriptions Approach All-Time High as Bitcoin Fees Remain Low

The Ordinals ecosystem has seen a flood of new projects, and fees have remained low.

• 2023-07-11
• Ordinals inscriptions Bitcoin

New Bitcoin Standard BRC-69 Plummets Data Limit for Ordinals

The innovation is “recursive inscriptions,” which extract information from already existing Bitcoin inscriptions to create newer ones.

• 2023-07-04
• Ordinals Bitcoin inscription

Now You Can Create Tunes via Bitcoin With an On-Chain Music Engine

The app, minted as an NFT-like Ordinal on Bitcoin, showcases the capabilities of “recursive inscriptions” that build upon each other.

• 2023-07-04
• Ordinals Bitcoin music engine

Bitcoin Ordinals Hype Lures Meme Token Traders Into Wallet Drainer Attack

A convincing-looking BRC-20 token mint on Friday apparently swiped some $63,000 worth of Bitcoin from unsuspecting traders.

• 2023-06-13
• Ordinals Luminex Bitcoin

Ordinals Is Drawing Former Ethereum Devs to Build on Bitcoin

The buzzy Bitcoin protocol is attracting talent from across the Web3 ecosystem.

• 2023-05-26
• Ordinals Bitcoin Ethereum Bitcoin miners

Passing Fad? Bitcoin Ordinals Inscriptions Just Hit a New Milestone

The number of Bitcoin Ordinals—which includes NFTs and meme tokens—continues to surge, with supporters calling it a catalyst for adoption.

• 2023-05-26
• Ordinals Bitcoin Ordinals Michael Saylor

Bitcoin Transactions Soar as Ordinals Barrel Past 2.5 Million, Notch Daily Record

The bump in inscriptions comes as text-based content solidifies its dominance on Ordinals.

• 2023-05-01
• Ordinals Bitcoin inscriptions digital assets