Bitcoin Ordinals Token Issuance Surpasses 10 Million, Boosting Network Transactions and Fees

According to Dune Analytics service, the number of issued tokens based on Bitcoin Ordinals in Bitcoin network exceeded 10 million. About 200,000 tokens are issued daily, including NFTs. The popularity of Bitcoin Ordinals has led to a significant increase in transactions a ...

The Rise of BRC-20 and Bitcoin Ordinals: A Game-Changer for Cryptocurrency

Most of them are created in the BRC-20 network Miners have earned decent commissions on this According to Dune Analytics, more than 10 million records have been created in the Bitcoin Ordinals network. Of these, more than 80% belong to the BRC-20 standard. ...

Coinbase Expands Services in Singapore, Offers USDC Purchases and Staking Rewards

American cryptocurrency exchange Coinbase continues to develop its international presence - the site introduced new services for customers from Singapore. Coinbase Singapore users will be able to buy USDC with the Singapore dollar without commissions. They will also be ...

Number of Bitcoin Wallets Holding 1 BTC Exceeds 1 Million, Making it More Accessible to Investors

Analytics company Glassnode reported that the number of wallets on the Bitcoin network that hold at least 1 BTC exceeded 1 million on May 13. Analysts attribute the marked increase in the figure to a 65% drop in bitcoin last year, which made it much more accessible to inves ...

High Fees and Commission Spike Affecting Bitcoin Adoption for Microtransactions

Matt Hamilton commented on tourists' complaints about the huge fees to convert BTC to fiat He thinks the XRP Ledger is a much better fit for microtransactions Commission spike on Bitcoin network caused by popularization of BRC-20-based tokens The popu ...

Trading Volume on Spot Crypto Market Drops 65% in April, According to Analysts

According to analysts of The Block, the trading volume on the spot cryptocurrency market collapsed by 65% in April of this year. Experts attribute the incident to the introduction of commissions on the Binance exchange. Total tradi ...

Apple Allowed Publishers to Offer Alternative Payment Options, Affecting NFT Market

Apple won the case, but suffered a major blow The court allowed publishers in the App Store to offer alternative payment options This means that you can buy NFT for cryptocurrency and without the predatory 30% commission This week the appeal hearing i ...