Binance’s NFT marketplace has highlighted that it will no longer support Bitcoin Ordinals NFTs after April 18. According to this announcement, users cannot deposit, buy, bid on, or list the distinct digital assets on the platform. This decision marks the end of a popular era of Bitcoin Ordinals on Binance The End Of Support For… Continue reading Binance NFT Marketplace Stops Supporting Bitcoin Ordinals NFTs
Tag: Bitcoin
Bitcoin’s Impact on NFTs Spotlighted in New Report on Ordinals
Bitcoin has now become a major player in the non-fungible token (NFT) space. In the first 200 days since its inaugural inscription, 1.14 million image-based inscriptions have been developed on the Bitcoin network, as highlighted in a new report by Galaxy Research. That figure exceeds the total number of NFTs minted on the other major… Continue reading Bitcoin’s Impact on NFTs Spotlighted in New Report on Ordinals
Bitcoin NFT Ordinals Cover Ground Against Ethereum
The competition between Ethereum and Bitcoin appears to be heating up in the nonfungible token (NFT) industry, as Bitcoin’s native NFTs, called Ordinals, are expected to exceed Ethereum in terms of active buyer participation and sales growth. Since they were launched in April 2023, Ordinals seem to have been gaining considerable traction within the Bitcoin… Continue reading Bitcoin NFT Ordinals Cover Ground Against Ethereum
What Are Bitcoin NFTs?
Bitcoin NFTs are non-fungible tokens that are powered by the Bitcoin blockchain. These NFTs have taken the entire crypto space by storm within a short time. Bitcoin nonfungible tokens have captured the crypto world’s attention quickly, opening some new opportunities for the oldest blockchain and digital art enthusiasts. Since exploding in 2020, NFTs have been… Continue reading What Are Bitcoin NFTs?
Could PayPal Be Launching A New NFT Marketplace?
Fintech pioneers PayPal might be developing an in-house nonfungible token (NFT) marketplace. It has now become the latest mega-corporation to file patents and trademarks around NFTs and the metaverse. IP Attorney Mike Kondoudis confirmed the move in a Twitter post dated October 25. In June, PayPal hinted at diving deeper into the metaverse at the… Continue reading Could PayPal Be Launching A New NFT Marketplace?
Warner Bros Introduces Lord Of The Rings NFTs In Partnership With Eluvio
While Warner Bros still depends heavily on movie distribution the traditional way, the firm is also open to exploring some alternative distribution networks. American multimedia entertainment firm Warner Bros Discover Inc announced the launch of “The Lord of the Rings: The Fellowship of the Ring” Non-Fungible Tokens (NFTs). The company made this announcement as it… Continue reading Warner Bros Introduces Lord Of The Rings NFTs In Partnership With Eluvio
F1 Filed Two NFT And Crypto-Related Trademarks
The introductory Las Vegas Grand Prix will be a street race in the center of Las Vegas along a 3.8-mile track with speeds projected to reach 212 mph. Racing giant brand Formula 1 (F1) in the past week filed two NFT, blockchain, and crypto-related trademarks while preparing for its Las Vegas Grand Prix circuit scheduled… Continue reading F1 Filed Two NFT And Crypto-Related Trademarks
Emirates Airline To Accept Bitcoin Payments, Embrace The Metaverse And NFTs
The United Arab Emirates (UAE) is making considerable strides in its quest to digitize its economy and become a global cryptocurrency hub. The latest in that effort regards an announcement from Emirates, one of the biggest airlines in the world. Based on local news outlets, the UAE flag carrier wants to add Bitcoin to its… Continue reading Emirates Airline To Accept Bitcoin Payments, Embrace The Metaverse And NFTs
What Is NFT Music?
The explosion of the world of nonfungible tokens (NFTs) has now grown beyond GIFs, art, virtual real estate, video game items, and collectibles to include NFT music. Today the musicians joining the space are standing to make millions of dollars by selling digital versions of their music and art. When it comes to the NFT… Continue reading What Is NFT Music?
Philips Auctioneer Opts To Sell $70M Artwork For BTC or ETH
Philips, a leading United States auction house, has announced the grand auction of its Jean-Michael Basquiat painting starting May this year. Notably, the firm has listed Bitcoin (BTC) and Ether (ETH), specifically, as viable payment options. In a March 7 announcement, the auction house confirmed the upcoming auction of its Jean-Michael Basquiat painting in New… Continue reading Philips Auctioneer Opts To Sell $70M Artwork For BTC or ETH