Bitcoin prices up, NFT interest down: Here's what it means for you

Interest in the Bitcoin NFT sector dwindled significantly. Despite this, the price of BTC surged and activity on the network remained stable. Despite the halving, Bitcoin[BTC] miners continuThe post Bitcoin prices up, NFT interest down: Here's what it means for you appeared first on AMBCrypto.

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NFT sales volume spike amid crypto, Bitcoin Dogs surge

Bitcoin Dogs, a GameFi and NFT project that recently launched the first-ever BRC-20 presale on Bitcoin, is one of those projects to see a massive wave of interest from investors this week. This comes as the NFT market continues to show resurgence, with weekly sales volumes hitting $422 million.

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Bitcoin NFTs fall by 60% after December boom

2024 has seen a decrease in NFT activity on the Bitcoin network. Due to low activity, there has been a decline in demand for blockspace by Inscriptions. Monthly NFT sales volume on the BitcoThe post Bitcoin NFTs fall by 60% after December boom appeared first on AMBCrypto.

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The Rise of Ordinals: Report Highlights Bitcoin’s Contribution to NFTs

Bitcoin's growing involvement in the NFT sector signifies an important evolution for digital collectibles, introducing new market dynamics. The post The Rise of Ordinals: Report Highlights Bitcoin’s Contribution to NFTs appeared first on NFT News Today.

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Ordinals Sales In Freefall: 97% Decrease Sparks Worries About Bitcoin NFT’s Extinction

Bitcoin Ordinals, once the shining star of the NFT world, is experiencing a significant downturn in both sales volume and transactions, igniting discussions about the lasting appeal of these digital collectibles.

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Ordinals Is Bringing The NFT Industry To Bitcoin

NFT influencer and founder Farokh talked to Bitcoin Magazine about the future of Ordinals and Bitcoin NFTs.

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Magic Eden Launches Bitcoin NFT Marketplace

Two months after the launch of the Ordinals project, Bitcoin NFTs continue to see increased adoption. Currently, there are over 568,000 inscriptions as more popular NFT projects jump on the Bitcoin chain to mint their unique collections.

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Yuga Labs Faces Criticism from Crypto Space Over Ordinals Launch

Leading NFT creator Yuga Labs faced heavy criticism from the crypto community, including the creator of Bitcoin Ordinals, over its plan to auction a new Bitcoin NFT collection called “TwelveFold”.

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Galaxy Digital Predicts the Bitcoin NFT Market Might Hit $4.5 Billion

A recent study by Galaxy Digital has tipped the Bitcoin NFT marketplace to hit $4. 5 billion in market cap in the next two years. This is due to the growing interest among the NFT community to inscribe/mint various types of data on Satoshis, the smallest unit of a Bitcoin.

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Galaxy Digital research: Bitcoin NFTs to reach $4.5b by 2025

Galaxy Digital's research arm predicts the bitcoin nonfungible token (NFT) market will be valued at $4.5b by March 2025 in a "base case" scenario.

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Galaxy tips Bitcoin NFT market to hit $4.5B by 2025

Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market share away from Ethereum.

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Yuga Labs Explores the Idea of an Existing NFT Collection From Fold 12

Yuga Labs, the company behind the Bored Ape Yacht Club, is exploring the idea of an already inscribed NFT collection fully hosted on the Bitcoin network and in the Ordinals protocol registry by Fold12.

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ApeCoin [APE] reacts in this manner as Yuga Labs dives into Ordinals

Yuga will auction its newest NFT on the Bitcoin blockchain. Ape Coin did not, however, react to the news as the price continued to drop. During the early hours of 28 February, Yuga Labs annoThe post ApeCoin [APE] reacts in this manner as Yuga Labs dives into Ordinals appeared first on AMBCrypto.

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Yuga Labs Launches ‘TwelveFold,’ An NFT Collection On The Bitcoin Blockchain

Alright, they’re not exactly NFTs. Nonetheless, ‘TwelveFold’ is the name of Yuga Labs new venture to build creative on Bitcoin. There’s been substantial hype and interest in this unique corner of the NFT community, powered by inquisitiveness and bolstered by your everday crypto degen.

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Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concern

The possibility of hosting Bitcoin NFTs on Stacks pushed STX price to new yearly highs, but there are concerns on whether the bullish thesis becomes reality.

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Bitcoin Core Dev Luke Dashjr Doesn’t Want His Name On Ordinal Projects

The developer has taken to Nostr to explain why any NFT project using his name does not have his authorization.

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Yuga Labs to Launch Art Collection on Bitcoin

Ordinals hype is spreadingand NFT giant Yuga Labs wants in on the action. The studio is now looking to launch a generative art collection on Bitcoin. A Departure From Whats...

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World’s Biggest NFT Company Yuga Labs Introduces First Bitcoin Ordinals Collection

The largest NFT creation firm will host their first Bitcoin Ordinals project, just as the network passes 200,000 inscriptions.

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Yuga Labs to launch NFT collection on Bitcoin blockchain

Leading NFT studio Yuga Labs is set to launch a new collection of NFTs called TwelveFold on the Bitcoin blockchain.

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Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name

The auction for the ordinal was being hosted at Scarce.City, a new ordinal marketplace.

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Yuga Labs Joins Bitcoin Ordinals Fever With NFT Collection ‘TwelveFold’

Yuga Labs is bringing new NFTs to the Bitcoin blockchain, introducing a Bitcoin Ordinals collection called TwelveFold on Feb. 28. The post Yuga Labs Joins Bitcoin Ordinals Fever With NFT Collection ‘TwelveFold’ appeared first on BeInCrypto.

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Bitcoin core dev calls out ‘misleading’ auction selling his code as an NFT

Bitcoin core developer Luke Dashjr has called out the sellers behind an NFT auction for using his name and code without his knowledge or consent.

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Yuga Labs Announces Generative Ordinals NFT Collection on Bitcoin Blockchain

Called TwelveFold, the 300-piece collection serves as a “visual allegory for the cartography of data on the Bitcoin blockchain.”

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Moonbirds to be released as a Bitcoin NFT collection

The descendant of the final collection of NFTs has now been released on the Bitcoin blockchain, drawing lots of attention from the NFT enthusiasts worldwide. The birds NFT is dropping their collection onto the Bitcoin’s NFT Ordinals Protocol with a $200,000 prize for one of the participants.

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Stacks (STX) up 20% Following Bitcoin NFT Hype, Here's Main Reason Why

Stacks (STX) keeps surging in price following Bitcoin Ordinals NFT hype amid bearish market pivot

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Stacks price more than doubled on Bitcoin ordinals hype, but why?

Recent reports by Matrixport suggested that Stacks (STX) might well be destined to become a "multibillion dollar token" thanks to its association with new bitcoin-based (BTC) non-fungible token (NFT) protocol Bitcoin Ordinals.

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Casey Rodarmor: The Quest to Make Bitcoin Fun Again

In a CoinDesk interview for Buidl Week, the creator of Ordinals Bitcoin NFT project breaks down his inspiration and how he views the backlash from some Bitcoiners against the protocol.

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Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more

The conference known as “Proof of Conference” was slated to run in May has been canceled due to “less interest than anticipated,” according to co-founder Kevin Rose.

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Bitcoin NFT War Looms as BTC Layer 2 Stacks (STX) Upgrade Set to Challenge Ordinals

30-Day Trading Volume for Stacks-based NFTs

The post Bitcoin NFT War Looms as BTC Layer 2 Stacks (STX) Upgrade Set to Challenge Ordinals appeared first on BeInCrypto.

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First Mover Americas: Bitcoin ‘Ordinals’ Boom Prompts NFT Activity Surge

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Here's What Makes Bitcoin (BTC) NFTs Ordinals Different

Dotta, anonymous NFT developer and creator of ERC721 software license, explains what is special about Bitcoin (BTC) digital collectibles

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The Iconic Bored Ape Yacht Club to be Released as a Bitcoin NFT collection

BAYC Bitcoin NFT Collection Becomes the Hottest News in the Field Amidst the Сrypto Winter Snowbreak Over the past couple of weeks the original BAYC monkeys have marked themselves as the second most popular selling NFT collection worth $1.

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Alternatives To Bitcoin (BTC) For Your Portfolio: Ethereum (ETH), Litecoin (LTC) and Orbeon Protocol (ORBN)

Bitcoin (BTC) has unarguably been the most famous and circulated cryptocurrency in the world. The post Alternatives To Bitcoin (BTC) For Your Portfolio: Ethereum (ETH), Litecoin (LTC) and Orbeon Protocol (ORBN) appeared first on NFT News Today.

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BAYC #1626 NFT Forever Removed from Circulation by Owner

A valuable Bored Ape Yacht Club (BAYC) #1626 was permanently removed from circulation by its owner, Jason Williams, at the weekend. Williams, better known as @GoingParabolic on crypto Twitter, aimed to symbolically shift the asset’s underlying blockchain from Ethereum to Bitcoin.

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Bitcoin NFT Ordinals Boosts Taproot Adoption By 1,000% In Q1 2023

The rise of Bitcoin NFT Ordinals is one of the fascinating developments on the leading blockchain in 2023. This has correlated with an increase in the adoption of Taproot to process transactions.   Driving Taproot Adoption On The Bitcoin Network Data from Dune Analytics shows that Taproot adoption has gone from being used in less than 2% of all Bitcoin transactions to reaching a peak of 9.

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Decoding Ordinals NFT project on Bitcoin- Can it compete with ETH NFTs?

Bitcoin-native NFTs recorded a 25% growth in network fees. Bitcoin mining revenue rose sharply, powered by an increase in transactions.  The new Ordinals NFT platform on Bitcoin [BTC] recorThe post Decoding Ordinals NFT project on Bitcoin- Can it compete with ETH NFTs? appeared first on AMBCrypto.

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Bitcoin NFTs Soar In Price Amid Growing Interest From Collectors

Bitcoin NFTs are growing in popularity despite dividing opinions among hardcore adherents of the protocol. On Wednesday, an Ordinal Punks NFT, Punk 94 was able to sell for 9. 5 BTC, or $214,000 at the time.

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DappRadar Reports Shows Over 59% Loss in Ethereum NFT Market Cap

All sectors of the crypto and NFT industry were heavily impacted by the 2022 bear market. Many crypto assets, including Bitcoin, fell declined drastically within that period, reflecting the adverse effect of the bearish trend.

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Bitcoin Punks: Ordinal NFT Collection Soars in Value

Late Wednesday night, one Ordinal Punk NFT, minted on the Bitcoin native Ordinals Protocol, sold for 9.5 BTC, about $214,000.

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Ordinal NFTs fuel Bitcoin network activity but derivatives' metrics reveal...

BTC receives the spotlight after the reveal of the Ordinal NFTs. The derivatives market sends mixed signs as volatility slows. We recently looked at how a JPEG NFT constituted the largest blThe post Ordinal NFTs fuel Bitcoin network activity but derivatives' metrics reveal... appeared first on AMBCrypto.

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Ordinals Project Surpasses 11,000 NFT Mints In Weeks Amid Criticisms From Bitcoin Maxis

For the past few weeks, the Bitcoin (BTC) community has been divided over the introduction of non-fungible tokens (NFTs) to the blockchain last month, with many calling for more innovations on the blockchain.

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After CryptoPunk NFT Copies Are Minted as Bitcoin Ordinals, Will Bored Apes Follow Suit?

"Byte-perfect uploads" of the 10,000 CryptoPunk non-fungible tokens (NFTs) are on the Bitcoin network now. Will Bored Apes follow suit? The post After CryptoPunk NFT Copies Are Minted as Bitcoin Ordinals, Will Bored Apes Follow Suit? appeared first on BeInCrypto.

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Bitcoin network activity hits a 2-year high due to NFT activity

Bitcoin (BTC) network activity has been increasing in recent days, soaring to levels last seen in May 2021. This follows the proliferation of on-chain non-fungible token (NFT) activities.

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Ordinal Punks emerge as leading Bitcoin NFT collection

PROOF Collective noted that Ordinal Punks NFTs have been rising in price.

The post Ordinal Punks emerge as leading Bitcoin NFT collection appeared first on CryptoSlate.

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Twetch steps into the NFT Arena on BSV

Twetch is exploring NFTs on the Bitcoin blockchain, seeking partners to replicate the Ethereum NFT blueprint and bring its vision to life.

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Bitcoin’s Newfound NFT Hype Attracts Interest of BSV Developer Twetch

Twetch has already built a suite of NFT apps on the Bitcoin SV blockchain. So the new push by Ordinals to bring NFTs to the Bitcoin blockchain looks like an opportunity for expansion.

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First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading

Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments.

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NFT Is Coming to Bitcoin, And Not Everyone Seems Happy

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NFT transaction sends biggest shock on Bitcoin network in recent history

The largest Bitcoin transaction turns out to be an NFT. Bitcoin bulls cool off but golden cross might heat things up again. While everyone and their cat were focused on whether Bitcoin wouldThe post NFT transaction sends biggest shock on Bitcoin network in recent history appeared first on AMBCrypto.

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