Bitcoin24h $67,945.44+6.27%

Ethereum24h $2,031.18+10.09%

XRP24h $1.44+6.96%

BNB24h $623.47+6.58%

Solana24h $87.28+12.53%

TRON24h $0.2852+1.13%

Dogecoin24h $0.1018+10.97%

Cardano24h $0.2932+12.70%

Bitcoin Cash24h $512.30+8.14%

UNUS SED LEO24h $8.77+10.23%

Bitcoin ordinals close to flipping Ethereum NFTs in daily volume

Bitcoin ordinals sales volume currently sits just $400k behind Ethereum and nearly 8 million inscriptions have been added to the blockchain.

Explained: Why Bitcoin users don’t send transactions directly to miners

Many believe that Bitcoin users send transactions directly to miners or pool operators. However, things are a little more random than that.

As of March, Tether’s $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.

Bitcoin ordinals are akin to spam, according to long-time developer Luke Dashjr, as the new NFT market causes congestion.

Binance halted withdrawals of bitcoin as on-chain fees spiked due to increased usage of the ordinals protocol.