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Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore
15.3.2024
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said....
Bitcoin Developers Forge Alliance to Standardize BRC-20 Tokens Amid Rising Popularity
12.3.2024
A coalition of Bitcoin developers have rallied to govern the BRC-20 fungible token standard as the Ordinals protocol surges in popularity. The coalition, which calls itself the Layer 1 Foundation, announced its new BRC-20 governance structure in a lengthy tweet on X on Monday. The Layer...
Bitcoin Asset Protocol BRC-20 Enhances Governance with New Maintainers
11.3.2024
The BRC-20 protocol, a well-known standard for creating tokens on the Bitcoin blockchain, underwent a major overhaul in its governance structure. This strategic move aims to foster a more decentralized and collaborative future for the protocol.
The post Bitcoin Asset Protocol BRC-20 Enhances...
BRC-20 Creator Domo Addresses Thorny Governance Issues With New 'Lead Maintainer' Appointments
11.3.2024
Governance on BRC-20 and on Bitcoin general is often a thorny subject, as highlighted at the start of this year when Ordinals marketplace UniSat and Domo came into a potential conflict
Crypto Billionaire Arthur Hayes and BRC-20 Creator Domo Invest in Bitcoin Ordinals Wallet Oyl’s $3M Raise
8.3.2024
BitMEX founder and American crypto billionaire Arthur Hayes joined anonymous developer Domo, creator of the Bitcoin BRC-20 token standard, in a $3 million pre-seed funding round for Bitcoin Ordinals wallet Oyl. Crypto asset manager Arca led the round. Other backers include Kanosei and FlamingoDAO....
Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors
7.3.2024
Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company
Binance Launches Inscription Marketplace for BRC-20 Tokens
1.2.2024
Digital asset exchange, Binance has launched its inscription marketplace that will allow users to trade and inscribe BRC-20 tokens and other related assets. According to a Feb 1 announcement, Binance noted that the marketplace will be a one-stop solution for inscription-based tokens with...
Bitcoin Ordinals Will Play a Pivotal Role in 2024 + More NFT News
31.1.2024
This non-fungible token (NFT) day starts with a drop in the sales volume. It is down 10% over the past 24 hours to $31,192,652, according to CryptoSlam. NFT buyers are down 9% and sellers 5%. Transactions have also dropped by 5%. Among the top ten collections by sales volume, AINN BRC-20 NFTs...
Is ORDI Going to Crash? ORDI Price Drops 20% in a Week as New Bitcoin Protocol Goes Viral
29.1.2024
The ORDI token, a top BRC-20 ordinal, has faced a notable price drop of 20% following the Grayscale sell-off. However, it remains to be seen if this crash still has more room to go. Indeed, the ORDI token, a major BRC-20 Bitcoin beta play, has suffered a decline amidst a price correction across...
Is ORDI Token Crashing? ORDI Price Drops 30% as New Bitcoin Protocol Raises $9.1 Million
24.1.2024
Leading BRC-20 ordinal, the ORDI token, experienced a significant -30% price drop due to the Grayscale sell-off. But, can ORDI price analysis determine if ORDI is truly crashing? The ORDI token, a major BRC-20 Bitcoin beta play, has suffered a decline amidst a sell-off of GBTC shares fueled by...
Spartan Group’s Report Reveals Bitcoin’s Untapped Potential via Emerging Layers
20.1.2024
A new report details how Ordinals and other layer-two innovations can reshape Bitcoin’s role in the digital economy, moving it beyond just a store of value. New Report Outlines How Bitcoin Can Evolve to a Multi-Layered Ecosystem The “Bitcoin Layers” report, produced by...
BRC-20 Inscription Growth Key for Bitcoin’s Continued Dominance in 2023 – Binance Research
15.1.2024
The cryptocurrency market witnessed a remarkable recovery in 2023 with a staggering 109% year-over-year (YoY) surge. However, what captured the attention of the Binance Research team was the notable growth of the BRC-20 token standard throughout the year. In their 140-page report, the research...
Is ORDI Price Going to Zero? ORDI Price Suddenly Drops as New Bitcoin Mining Protocol Goes Viral
15.1.2024
Leading BRC-20 ordinal token ORDI has seen a sudden ORDI price drop in the midst of a hard fought consolidation, leading some panicked holders to ask ‘is ORDI price going to zero?’ – find out in this ORDI price analysis. The volatile consolidation comes as ORDI price reels from...
Is Ordi Going to Zero? ORDI Price Plummets 10% as New Bitcoin Protocol Hits $8 Million
10.1.2024
First ever BRC-20 ordinal token Ordi (ORDI) has undertaken a sudden -10% ORDI price drop, leaving some panicked holders asking ‘Is Ordi going to zero?’. Dig into this piece and find out in this ORDI price analysis. This comes as markets teeter with anticipation for news of a highly...
The Bitcoin Dilemma: Ordinals Upgrade May Lead to Centralized Fork
4.1.2024
Source: DALL·E The creator of Bitcoin’s fast-rising BRC-20 token standard is worried that one of its top marketplaces is attempting a sly takeover of the entire protocol. On Monday, UniSat confirmed that it would implement the Ordinals Jubilee upgrade “to confirm that brc-20 is still on Ordinals...
BRC App amasses 200,000 users in two days
3.1.2024
It is undeniably a momentous occasion for the BRC application (BRCT token), as, in the mere two days since its launch, it has amassed a user base of 200,000. Within the BRC-20 ecosystem, this app represents the pinnacle of development. Presently, the BRC application is facilitating an airdrop...
BRC-20 Marketplace, Creator Take Opposing Positions on Proposed Network Upgrade
3.1.2024
BRC-20 marketplace UniSat said it would follow a proposed fork in the network's token standard, which was met with opposition from Domo, the pseudonymous creator of BRC-20
Phantom Wallet Introduces Trading for Bitcoin, Ordinals, and BRC-20 Tokens
21.12.2023
Source: DALL·E Multichain cryptocurrency wallet Phantom has broadened its services, introducing support for Bitcoin, Ordinals, and BRC-20 tokens. According to a blog post, Phantom has launched the new features in a current beta phase, allowing users to opt-in for trading and transferring these...
The Rise of DeFi and NFTs on the Bitcoin Blockchain
18.12.2023
With a growing interest in Bitcoin, especially with the anticipated ETF launch, its ecosystem has been rapidly expanding. One of the most popular developments happening on Bitcoin right now is BRC-20, which is not only driving the growth of the Bitcoin NFT market but also expanding the DeFi sector....
Is It Too Late to Buy ORDI? ORDI Price Boosts 32% as the Latest Meme Coin Approaches Exchange Listing
15.12.2023
The first ever BRC-20 token Ordinals (ORDI) has exploded +32% in a dramatic push out of consolidation, but with retracement threatening structure – is it too late to buy ORDI? This comes amid a wider rally for BRC-20 tokens, following a wave of Binance listings that have triggered upside...