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Ordinals

$Mubi #MubiI think this will end up being a BIG gainer once Alt season really begins. #Brc20 plays will continue to gain interest once normies arrive they will think they are SUPER SMART for clinching these types of ideas. Still no major #Cex IMO Speaking of @robinhood where you at with some NEW coins. I'm kind of surprised this came all the way back down in the 1st place with all the things that have gone parabolic recently. This kind of got treated like a pump and dump chump. However, I think it is a STRONG narrative going forward into this summer.
by rarebreed29
$ORDI Why Ordianls Is So Interesting: Across the Adoption ChasmOrdinal Ecosystem crossing the "Chasm" of tech adoption as it becomes a main crypto Narrative. As money comes in over the next year, opportunities to get in on the ground floor of new "lucrative' concepts Ordinals have been printing $$$ for folks minting and participating in various tokens and nft's. NOw, Ordinals is Getting first liquidity swaps and growing infrastructure Why am I bullish on this concept. 1. New 2. Passionate and Talented community 3. Money still needs to inflow 4. People are dreaming .. when markets price possibilites usually it untethers to the upside 5. there is a grass roots and degen appeal 6. provides a new narrative and use case for Bitcoin Doge and Doginals 1. degen community 2. cheaper fees = product market fit (like bsc chain in defi) 3. accepted 4. Ultra tiny 5. Long Shot is Elon may leverage the Doge/Doginal ecosystem in twitter. Also other non-token assets like rare satoshis, ordinal nft's, bitmaps (metaverse lands based on bitcoin blocks) , etc The ordinal ecosystem (bitcoin) and Doginal ecosystem (doge) looks to be a narrative that is only gaining more momentum As a new development for this cycle, the opportunity is big to capture imaginations of crypto users. Usually in the year before the halving and during the halving year a new "twist" on the crypto space is introduced. That starts as degenerate on chain action. Ordinals standard which were made available through the taproot upgrade has inspired enthusiast to build and trade individual satoshis and the data inscribed on those satoshis.
Long
by SnarkyPuppy
4
Auction for Bitcoin Ordinals Goes Live on Sotheby’s Auction house Sotheby’s has opened bidding for its Bitcoin Ordinals collection following the conclusion of its first auction of this same digital collectible last year in December. Bitcoin Ordinals Auction: Ongoing Curated Sale The collection auction dubbed “Natively Digital: An Ordinals Curated Sale,” contains 19 pieces of the Bitcoin Ordinals including some rare Satoshis, work from the pioneering artist Shroomtoshi, generative art, and an item connected to the Bitcoin Ordinals brand Taproot Wizards. The price of the collection ranges from $5000 to about $70,000. Two Shroomtoshi pieces were listed for $50,000-$70,000 and they are the most expensive. One of the Shroomtoshi has reached a $16,000 bid while the other is still on $8,000. FAR for Taproot is listed for $15,000-$20,000, Nullish $30,000-$40,000, and another Nullish Block 9 for $10,000-$15,000. The “lot” are expected to close independently one minute from each other, however, the auction will close on January 22. Per a statement from Sotheby’s, “This sale puts a spotlight on the incredible range of creative diversity found within the Bitcoin ecosystem, as Ordinals have seen explosive growth over the past year.” Sotheby’s first auction for Bitcoin Ordinals was completed on December 13 and it contained three pieces from BitcoinShroom’s collection. This was regarded as one of the first Ordinals projects ever created by Shroomtoshi. The auction of this collection led to an influx of funds. Upon completion, a total of $450,850 was realized from the sales. Compared to the collective value of the three pieces, the realized funds marked a five times increase. Bitcoin is Now Duly Competing With Ethereum With the advent of Bitcoin Ordinals ($ORDI), CRYPTOCAP:BTC is fast competing with Ethereum ( CRYPTOCAP:ETH ) as a digital collectible powerhouse. Moreso, the concept of Ordinals is fast gaining recognition and adoption in the global scene as duly proven by the Sotheby’s listing. After Gary Gensler, SEC Chair attempted to debunk a false post about Bitcoin ETF approval a few days ago, digital artist Billy moved to immortalize the official’s response to the false Bitcoin ETF approval post as Bitcoin Ordinals. At the same time, Bitcoin Ordinals have faced some opposition from the likes of Bitcoin ( CRYPTOCAP:BTC ) core developer Luka Dashjr who is pushing for its eradication.
Long
by DEXWireNews
1
ORDI Price MovementAs of December 6, 2023, ORDI was trading at $65.03, which was a 2.7% increase from the previous day. ORDI has also seen a 232% increase over the past week. The token's trade volume has also increased by 85% during this time, reaching $2.3 billion. ORDI is a Bitcoin-based meme coin that has been following Bitcoin's price action. This means that if Bitcoin's rally stops, ORDI may also stop rising. This could cause the price of ORDI to drop to $55 or even $50. ORDI has been the top performing asset in the top 100 cryptocurrencies. In the past three months, ORDI has increased by 1,432%. ORDI has a Market cap of about $1.16 billion with a 24-hour trading volume of about $2.28 billion and a Circulating supply of 21 million ORDI. ORDI's Chart pattern indicating a Falling Wedge. Will wait for a retest before buying the dip.
Long
by DEXWireNews
Bitcoin Core v26.0 Is Now Live, BTC Price Set For $50000Bitcoin core org has released the Bitcoin v26 upgrade on the network pipeline. In an X post, the Bitcoin core project announced the upgrade has been deployed and the documents have been released. The last Bitcoin v25.0 upgrade was released in May 2023. The release includes various new features, bug fixes, and performance improvements, as well as updates to translations. Users are encouraged to report bugs through the GitHub issue tracker. What’s New In The Bitcoin v26 Upgrade? The Bitcoin v26 documentation was released by one of the developers named Michael Ford. The document specifically for Bitcoin users urges to upgrade to the new version, to make it compatible with different operating systems, and notable changes in the upcoming release. Some of the key changes mentioned include experimental support for the v2 transport protocol, improvements in nodes’ resistance to eclipse attacks, and enhancements in pruning. Additionally, the document drafts updates to RPCs (Remote Procedure Calls), changes to wallet-related RPCs, new RPCs, updated and new settings, tools and utilities, and GUI changes. Low-level changes, including test-related updates, are also covered. The release credits numerous contributors for their direct contributions to the release, emphasizing the collaborative nature of the Bitcoin Core development team. Drama Around Bitcoin Ordinals And ORDI Price Jump Recently, Bitcoin core developer Luke Dashjr has suggested that an upgrade would fix the bugs related to the Bitcoin network congestion and BRC-20 token transfer Amid the Bitcoin price rally, Dashjr stated that a critical bug in Bitcoin Knots, a derivative of Bitcoin Core, has been successfully addressed in a recent update. The bug in question allowed inscriptions to surpass the data limit by disguising their content as program code. Bitcoin Core has long permitted users to set limits on additional data in transactions since 2013. However, this loophole allowed inscriptions to cleverly bypass these limits by presenting their data as program code. Dashjr also expressed concern regarding the forthcoming Bitcoin Core release (v26) that even the latest upgrade wouldn’t suffice the bug. He highlighted that the vulnerability still exists in this version. As per developments it would be addressed before the v27 release scheduled for next year. Amid all these, the BRC-20 token ORDI has recently seen a staggering price jump of 131%. At the press time, ORDI price was trading at $47.00, with a 24-hour trading volume of $1.7 billion. The token, however, plunged 5% in the last 24 hours. Over the previous month, the token has increased by more than 700%. Additionally, the recent development came when Bitcoin is receiving enormous transactions every day. Top Bitcoin analysts have predicted the BTC price could shoot above $50000 as well.
BINANCE:BTCUSDLong
by DEXWireNews