Binance’s NFT marketplace has highlighted that it will no longer support Bitcoin Ordinals NFTs after April 18. According to this announcement, users cannot deposit, buy, bid on, or list the distinct digital assets on the platform. This decision marks the end of a popular era of Bitcoin Ordinals on Binance The End Of Support For… Continue reading Binance NFT Marketplace Stops Supporting Bitcoin Ordinals NFTs
Tag: Ordinals
Bitcoin’s Impact on NFTs Spotlighted in New Report on Ordinals
Bitcoin has now become a major player in the non-fungible token (NFT) space. In the first 200 days since its inaugural inscription, 1.14 million image-based inscriptions have been developed on the Bitcoin network, as highlighted in a new report by Galaxy Research. That figure exceeds the total number of NFTs minted on the other major… Continue reading Bitcoin’s Impact on NFTs Spotlighted in New Report on Ordinals
Bitcoin NFT Ordinals Cover Ground Against Ethereum
The competition between Ethereum and Bitcoin appears to be heating up in the nonfungible token (NFT) industry, as Bitcoin’s native NFTs, called Ordinals, are expected to exceed Ethereum in terms of active buyer participation and sales growth. Since they were launched in April 2023, Ordinals seem to have been gaining considerable traction within the Bitcoin… Continue reading Bitcoin NFT Ordinals Cover Ground Against Ethereum
What Are Bitcoin NFTs?
Bitcoin NFTs are non-fungible tokens that are powered by the Bitcoin blockchain. These NFTs have taken the entire crypto space by storm within a short time. Bitcoin nonfungible tokens have captured the crypto world’s attention quickly, opening some new opportunities for the oldest blockchain and digital art enthusiasts. Since exploding in 2020, NFTs have been… Continue reading What Are Bitcoin NFTs?