Ordinals


Markets

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

LTC has outperformed both bitcoin and ether over the last 30 days.

CD

Web3

BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs

The new token standard allows traders to burn their ERC-721 NFTs and transfer them to inscriptions on the Bitcoin network.

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Finance

Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin

Bitcoin’s quickly maturing ordinals scene has come a long way since January.

Stably USD (Stably)

Web3

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position.

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Consensus Magazine

The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today

Today’s debates over non-monetary uses of Bitcoin like ordinals and BRC-20 tokens echo the battle between Big and Small Blockers between 2015 and 2017. This article, by Daniel Kuhn, is part of our “CoinDesk Turns 10” series.

(Sahand Babali/Unsplash, modified by CoinDesk)

Learn

BRC-20 Explained: How Tokens on Bitcoin Work and Why They Are Controversial

The idea of putting tokens on the Bitcoin blockchain isn’t anything new, but previous efforts haven’t exploded in popularity like BRC-20.

(Getty Images)

Tech

Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge

The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter to Bitcoin's open-source characteristics, CoinDesk's chief content officer Michael Casey argues.

(CSA Images/GettyImages)

Web3

Musk’s Milady Meme, Opening Up Ordinals

Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.

Milady NFT (Screenshot via Twitter, modified by CoinDesk)

Tech

Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s

Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.

Debate has ensued over the proliferation of BRC-20 tokens on the Bitcoin blockchain. (Кусмарцева Дарья / Getty Images)

Opinion

If Bitcoin Can’t Handle a Few JPEGs, How Can It Handle the World?

Network congestion from ordinals and BRC-20s is a stress test – and Bitcoin is failing.

(Getty Images)