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BitMEX Research Report Flags BRC-20 as the Real Strain on Bitcoin Nodes
9.9.2025
In a newly published report, BitMEX Research and its analysts say BRC-20 activity, not image inscriptions, is the greater strain on many Bitcoin node operators. UTXO Explosion Traced to BRC-20 Transfers, BitMEX Research Finds In the report, the researchers argue that small BRC-20 transfers expand...
Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing
19.9.2024
In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as...
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
3.6.2024
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty...
Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto
3.5.2024
On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record as the largest, was mined by Marathon....
Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors
27.4.2024
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...
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
4.4.2024
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...
Wu-Tang’s Ghostface Killah to Release Exclusive Music Collection on Bitcoin Blockchain
19.3.2024
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...
Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop
5.3.2024
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...
Quantum Cats NFT Collection Jumps in Value, Dominates Secondary Market Trade Volume
7.2.2024
Following the launch of Taproot Wizards’ Quantum Cats non-fungible token (NFT) series, secondary market activity reveals significant trading volume and a significant increase in the collection’s minimum value. Initially offered at 0.1 bitcoin each, Quantum Cats’ lowest value...
Taproot Wizards’ Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin
6.2.2024
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due to technical issues, resulting in 2,681 Quantum...
Crypto Mystery Deepens with 21,000 Ordinal Inscriptions Airdropped in Enigmatic Bitcoin Game
23.1.2024
In a mysterious development, someone has airdropped 21,000 digital inscriptions, known as RSICs, to the Bitcoin Ordinals community as part of a Bitcoin game promotion. The message on one of the inscriptions suggests a “technological arms race” related to securing a bag of runes has begun, and...
Bitcoin’s Ordinal Inscriptions Soar Beyond 55 Million, Achieving Third Highest Daily Record
16.1.2024
Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 477,751 inscription-based transactions on Saturday. Additionally, from...
Less Than 15,000 Blocks to Halving: ETF Hopes and Ordinal Inscriptions Serve as Life Preserver for Bitcoin Miners
9.1.2024
As of Jan. 9, 2024, fewer than 15,000 blocks remain before the fourth Bitcoin halving event. This milestone will halve the block reward from 6.25 to 3.125 bitcoins per block. Expected to occur in April 2024, this event will render bitcoin increasingly scarce. However, it may exert considerable...
Reviving Retro — Ninjalerts CEO Unveils SNES Emulator on Bitcoin Blockchain to Preserve Classic Games
8.1.2024
The chief executive officer of Ninjalerts announced on Monday that a functional Super Nintendo Entertainment System (SNES) emulator has been successfully encoded onto the Bitcoin blockchain. The head of Ninjalerts emphasized that the inscription of the emulator on the Bitcoin network was motivated...
‘Controversial’ Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution
7.1.2024
On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin Core custodian and Blockstream staff member Andrew Chow...
New Year’s Eve Sees Bitcoin Network Break Daily Transfer Record With Over 731,000 Transactions
1.1.2024
As 2023 drew to a close on New Year’s Eve, the Bitcoin network eclipsed yet another record by verifying a significant 731,351 transactions in a single day. This achievement outstripped the previous high set on Dec. 24, 2023, or Christmas Eve, where miners confirmed a total of 723,459...
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
25.12.2023
On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023. Bitcoin’s Festive Feat — Record Transactions...
Bitcoin Fork Discussions Surface Over Block Space Constraints and Ordinals
24.12.2023
While no formal announcement has been made, murmurs of a potential Bitcoin fork are emerging amidst discussions on block space, Ordinal inscriptions, and escalating fees. Such speculation has led some to believe that a significant Bitcoin fork might occur in 2024. Talks of a Bitcoin Fork Appear...
Jack Dorsey-Backed Ocean Bitcoin Mining Pool Introduces Block Template Options
23.12.2023
Ocean, a Bitcoin mining pool backed by Jack Dorsey, has introduced block template options to allow individual miners to decide which transactions will be included in the next block. The feature, dubbed “path to decentralization,” will allow pool users to mine transactions with Ordinal...
Bitmap Theory’s Meteoric Rise: Pioneering a Bitcoin Metaverse With a $235 Million Valuation
22.12.2023
The Bitmap Theory initiative, launched just last summer, is swiftly gathering momentum. Its objective is to integrate a digital realm, often referred to as the metaverse, within the Bitcoin blockchain. Through the innovative use of Ordinal inscription technology, Bitmap enables individuals to claim...