How the Ordinals movement will benefit the Bitcoin blockchain
The increasing popularity of Bitcoin NFTs, or Ordinals, will positively impact the Bitcoin network’s security and attract developers to the ecosystem, according to Ordinals proponent Udi Wertheimer.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The increasing popularity of Bitcoin NFTs, or Ordinals, will positively impact the Bitcoin network’s security and attract developers to the ecosystem, according to Ordinals proponent Udi Wertheimer.
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 CointelegraphRelated market context
Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals
Coldcard’s wallet crisis has shaken Bitcoin sentiment, blurred on-chain signals and exposed a recurring weakness in AI-assisted cy...
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...
Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing
Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the positio...
Grok AI Predicts Bitcoin Will Blow Past Its Old Record by End of 2027
Grok AI predicts a major re-rating for Bitcoin, and this price prediction is unusual in its timeframe, targeting the end of 2027 r...
Fun CEO predicts future crypto payments will bypass on-ramps and bridges
The shift to purpose-built crypto payment solutions could disrupt traditional finance, challenging existing aggregators to innovat...
Illegal gambling network funnels $4B in crypto through unlicensed Dubai exchange
The exposure of this network highlights significant regulatory gaps in crypto oversight, potentially reshaping global financial co...