Bitcoin NFT Mints Surpass 200K—But Is Interest in Ordinals Fading?
Miner fees have tanked from $170K to $11K in less than two weeks—but a new Yuga Labs project may rekindle things.
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 DecryptRelated market context
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around...
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most i...
Bitcoin miner gambles on a 4-day bridge loan equal to 97% of its BTC treasury value – the deadline passed without in total silence
PowerCompute, a Bitcoin miner expanding into high-performance computing, disclosed that its US Digital subsidiary borrowed about $...
Luno blocks crypto transfers for some users, leaving a late August cash-out deadline before monthly fees hit
Crypto platform Luno has stopped customers covered by its regional-exit notice from sending their crypto to another wallet or exch...
A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network
By the time SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day average hashrate had fallen 64% in a...
Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter
In a July 29 forum-stage proposal, Aave risk service provider LlamaRisk recommended winding down the decentralized lender’s V3 dep...