Ordinals


Consensus Magazine

This Bitcoin Halving Is Different. But Is It 'Priced In'?

Institutions launching bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — could be relatively muted?

(Giovanni Calia/Unsplash)

Opinion

Why Bitcoin's 'Monetary Maximalists' Oppose 'JPEG Enjoyers' (and Why They're Wrong)

Those who want to prevent Ordinals, inscriptions and soon Runes from living on-chain are misguided. Bitcoin is about economic incentives only, not altruism, SunnySide Digital CEO Taras Kulyk argues.

Focusing on user experiences might mean the end of tribalism in crypto, NEAR Foundation CEO Illia Polosukhin says. (Frederik Merten/Unsplash, modified by CoinDesk)

Tech

Runes, Casey Rodarmor's Protocol for 'Sh*tcoins' on Bitcoin, Set to Go Live at Halving

Rodarmor created last year's breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungible tokens, is set to grow.

Ordinals and Runes creator Casey Rodarmor (rodarmor.com)

Tech

Bitcoin Halving Has Crypto Miners Racing for 'Epic Sat' Potentially Worth Millions

Bitcoin's once-every-four-years "halving" this week may be very different from those of earlier epochs, typically ho-hum affairs. Now, an intense competition is underway to mine the first block after the halving, which could contain a rare and collectible fragment of a bitcoin known as an "epic sat."

16:9 Treasure chest (Ashin K Suresh/Unsplash)

Markets

Bitcoin Ecosystem Tokens, RUNE, STX, and ORDI May See Gains After Halving

“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute’s OTC desk told CoinDesk.

statue of a bull

Opinion

Why Christie's First Bitcoin Inscriptions Auction Matters

With the halving and new tech set to give Ordinals a further lift, Bitcoin-based inscriptions are demonstrating staying power and some advantages over NFTs. Christie’s is taking notice with a new initiative.

An inscription from the Ordinal Maxi Biz collection. (Christie's)

Finance

Binance Stops Support for Bitcoin NFTs Citing 'Streamlining' of Offered Products

Users have been prompted to withdraw Bitcoin NFTs from Binance by May 18.

(Nikhilesh De/CoinDesk)

Opinion

The Bitcoin Halving Really Is Different This Time

Four ways this April’s big event will be unprecedented.

image of someone splitting a log vertically in half with a long-handled ax

Opinion

Is Toxic Bitcoin Maximalism Getting Less Toxic?

As BTC gets Wall Street approval and developers build new applications on the network, bitcoiners are ditching some of their previous siege mentality.

(Nikoli Afina/Unsplash)

Tech

BRC-20 Creator Domo Addresses Thorny Governance Issues With New 'Lead Maintainer' Appointments

Governance on Bitcoin is often a thorny subject, as highlighted at the start of this year when Ordinals marketplace UniSat and Domo came into a potential conflict

16:9 Bitcoin, BRC-20 (geralt/Pixabay)