Tags: Ordinal

Activity in Bitcoin Runes transfers is on the rise again, with a threefold increase from the levels seen in August.

The new record comes three days after the Bitcoin Halving, coinciding with the launch of Runes.

Bitcoin’s brief record-breaking fees were due to the frenzy of activity on the new Runes Protocol, which went live on the halving day.

Bitcoin transaction fees are on the rise again, and are expected to go higher once “Runes” goes live next week.

Arkham revealed that Cathie Wood’s ARK Invest “accidentally” owns a Bitcoin Puppet worth $15,000.

(Zhivko Minkov/Unsplash)

The Ordinals craze served as a major catalyst in increasing Taproot’s usage.

Anonymous wallet spends $66,000 to inscribe data on the Bitcoin blockchain; the owner remains unknown.

User Spends $64,000 in Fees to Encode 9 Megabytes of Data on Bitcoin Blockchain

In a surprising turn of events, Domo, UniSat, and all affected parties have reached a solution for the community debate over the upgrade and its impact on BRC-20.

Bitcoin Ordinals Founder: Market Forces, Not Censorship, Should Shape Future

In 2023, revenue generated by Bitcoin miners exceeded $10 billion.

Alongside Bitcoin’s stellar performance is the renaissance in on-chain activity driven by Ordinals that has infuriated Bitcoin maxis.