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Ordinals are different from traditional NFTs from a technical design perspective. There are several features that make the pricing for ordinals a different exercise. Bitcoin ordinals, as mentioned before, help identify sats uniquely and have content or art stored on-chain. Ethereum’s ERC-721 standard, which is used to create NFTs,
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Ordinals are here to stay. Ordinals, or the ability to permanently ink the Bitcoin (BTC) blockchain with data, typically in the format of a picture or jpeg, are a controversial topic among some members of the Bitcoin and wider crypto community. Not so for the builders and the CEOs of Bitcoin-focused
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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
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Bored Ape Yacht Club (BAYC) creators Yuga Labs has announced a new NFT collection on Bitcoin dubbed “TwelveFold.” The move was announced via Twitter on Feb. 28, with Yuga Labs unveiling 300 tokenized computer generated artworks as part of the TwelveFold collection that will go up for auction later this
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Called TwelveFold, the collection will feature 300 generative art NFTs created by Yuga Labs placed on a 12x12 grid, which serves as “a visual allegory for the cartography of data on the Bitcoin blockchain.” It will include 3D elements as well as hand-drawn features, Yuga Labs said. Source
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Prominent crypto investment funds are turning to tokens of the Stacks Network as they bet on the growth of Bitcoin. Stacks is a so-called layer 2 companion chain for smart contracts focused on bitcoin (BTC), the largest cryptocurrency by market cap, allowing for the creation of related financial products. Original Source
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In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form of controversial
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Bitcoin BitDevs, which started in New York City, is a community that hosts monthly meetups to discuss some of the more technical aspects of Bitcoin. Rodarmor’s place at the helm in San Francisco is an indication of his commitment to testing out new Bitcoin ideas. Bitcoin BitDevs is a critical
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Ordinals NFTs Can Make Stacks’ STX a Multi-Billion Dollar Token: Matrixport Original Source
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A copy of the whitepaper of Litecoin’s mimblewimble upgrade was put on the Litecoin blockchain. Source
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