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3232Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees
https://www.digit.info/bitcoins-ordinal-inscriptions-surpass-500000-mark-as-miners-earn-2-66-million-in-added-fees/
Sun, 19 Mar 2023 15:00:55 +0000https://www.digit.info/2023/03/19/bitcoins-ordinal-inscriptions-surpass-500000-mark-as-miners-earn-2-66-million-in-added-fees/Read more]]>According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain […]
]]>Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
https://www.digit.info/yuga-labs-twelvefold-collection-of-ordinal-inscriptions-generates-735-bitcoin-worth-more-than-16-million/
Tue, 07 Mar 2023 18:30:39 +0000https://www.digit.info/2023/03/07/yuga-labs-twelvefold-collection-of-ordinal-inscriptions-generates-735-bitcoin-worth-more-than-16-million/Read more]]>Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than $16 million. The highest bid was 7.1159 bitcoin, equivalent to $160,000. Individuals […]
]]>NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
https://www.digit.info/nft-sales-dip-by-32-in-the-last-week-ordinals-squeeze-into-top-10-collections-via-emblem-vault/
Sun, 05 Mar 2023 16:00:41 +0000https://www.digit.info/2023/03/05/nft-sales-dip-by-32-in-the-last-week-ordinals-squeeze-into-top-10-collections-via-emblem-vault/Read more]]>After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following February Spike in Digital Collectible Purchases During […]
]]>Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
https://www.digit.info/galaxy-digital-report-predicts-bitcoin-nft-market-could-reach-4-5-billion-by-2025/
Sat, 04 Mar 2023 19:45:06 +0000https://www.digit.info/2023/03/04/galaxy-digital-report-predicts-bitcoin-nft-market-could-reach-4-5-billion-by-2025/Read more]]>As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy think that new use cases stemming from the inscription […]