Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter
Bitcoin Ordinals NFT volume plunges 98%, and Yuga Labs is terminating its partnership with OpenSea over creator royalties.
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Bitcoin Ordinals NFT volume plunges 98%, and Yuga Labs is terminating its partnership with OpenSea over creator royalties.
Alongside the declining trading volumes, the number of Bitcoin Ordinals transactions dropped by 97% to just 20,571 in mid-August.
The program will provide seed money, mentoring and support to approved applicants.
The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.
Buterin also lauded the recent rise of Ordinals and believes it has brought the builder culture back to the Bitcoin ecosystem.
The advent of Bitcoin Ordinals NFT inscriptions led to more $210 million in trading volume through the first half of 2023.
Bitcoin touches $30,000 and is back on everyone’s radar. Find out what is driving the price forward on this week’s episode of Market Talks.
Inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way to mint NFTs on Ethereum.
Bitcoin miners have been selling BTC since the start of June, potentially adding further pressure to the BTC price.
Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May.