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

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

Ordinals Brought Inscriptions to Bitcoin—Now Ethscriptions Land on Ethereum

A new protocol to inscribe images on the Ethereum main chain has drawn strong interest.

• 2023-06-19
• Tom Lehman Ethereum Ordinals Inscriptions

$95K CryptoPunk NFT Burned by Bitcoin Bandits, Revived as Ordinals Inscription

In a so-called teleburn, the asset’s holders symbolically shifted the Punk from Ethereum to Bitcoin.

• 2023-06-19
• NFT Nathan Stein Bitcoin Ordinals CryptoPunk inscriptions digital wallet

Bitcoin Ordinals Has a New Leader—And He's Ready to Be Its Creator's 'Shield'

Bitcoin Ordinals inscriptions topped 10 million on Monday, and the new lead told Decrypt how he plans to fill creator Casey Rodarmor's shoes.

• 2023-05-31
• Casey Rodarmor Bitcoin Ordinals inscriptions

Bitcoin BRC-20 Tokens Near $1 Billion Market Cap as Exchanges List ORDI

The market cap of BRC-20 tokens has surged in recent days as traders drive up the value of the Bitcoin-based ORDI, MEME, and more.

• 2023-05-09
• Bitcoin market cap ORDI inscriptions

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.

• 2023-05-05
• Bitcoin mining transaction fees transaction activity Colin Harper Bitcoin inscriptions transaction

Bitcoin Transaction Volume Hits All-Time High With 3 Million Ordinals Inscriptions

Despite a dip in price, Bitcoin transaction fees continue to skyrocket—due in no small part to Bitcoin Ordinals.

• 2023-05-03
• Bitcoin network Inscriptions Bitcoin network fees

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