Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing
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...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high
US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued...
From Zero to $8 Million: Satoshi-Era Bitcoin Awakens After 16 Years
On Oct. 7, Galaxy Research disclosed that it had identified a batch of 100 bitcoin mined in July 2010 that had finally stirred aft...
Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years.
US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions
The US government moved about $470 million in seized crypto to likely Coinbase Prime addresses, according to Arkham, reviving ques...
Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows
Citi's $113,000 Bitcoin target would require a roughly 36% rise from the Oct. 7 reference price, keeping it below its previous rec...
Bitcoin ETFs Lose $487M in Heaviest Daily Outflow Since June
Bitcoin ETFs posted $487.07 million in net outflows on Wednesday, their heaviest daily loss since June 25, while ether funds shed...