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Ordinals Scrapyard turns Bitcoin NFT wreckage into tax write-offs

New website Ordinals Scrapyard is bidding $0.001 for any Bitcoin Inscription, including NFTs that once sold for over $1M apiece.

Prices of Bitcoin Runes dip two days after launch

Bitcoin Runes, the new type of fungible token protocol using the Bitcoin blockchain, has proven to be less popular than many anticipated.

The founder of Bitcoin Ordinals and their NFT-like Inscriptions is launching a fungible token standard and BRC-20 competitor called Runes.

Bitcoiners suspect that large custodians might be sifting through their clients’ bitcoin deposits for rare satoshis.

Ordinals creator Casey Rodarmor swore, “the ordinals project commits to immutability of inscription numbers.” Now, he wants to renumber them.