S.S. Nakamoto Ticket #81 (full res)
Greetings, fellow voyagers of the virtual cosmos! As the helmsman of the S.S. Nakamoto, I warmly welcome you to the daily dispatch of Ordinal-Drop.com. We are on an exhilarating quest, steering through the boundless expanse of Ordinal Theory and Bitcoin-based Layer 2 protocols. Our goal is to deliver the freshest discoveries, developments, and digital gems in the realm of NFTs and tokens rooted in the Bitcoin Blockchain. So, tighten your harnesses and be ready for ascension as we embark on yet another exhilarating escapade into the celestial sphere of avant-garde technology and inventiveness.
Today's date is April 6, 2024. The Bitcoin market is buzzing with activity, with the latest BTC price standing at a robust $68,428.53. The Bitcoin blockchain continues to grow, with the latest block height recorded at 838006. Miners are still reaping a block reward subsidy of 6.25 BTC, but not for much longer. The countdown is on, with just 14 days remaining until the next Bitcoin reward halving event.
In the world of transaction fees, the priority TX fee is currently at a relatively low level of 6 sats/vbyte. However, the mempool is bustling with unconfirmed transactions, totaling 111,599 at present. This indicates that the network is experiencing high traffic, which is not surprising considering the impending halving event and the growing popularity of Bitcoin Ordinals.
Speaking of Ordinals, the number of Ordinal Inscriptions continues to soar, contributing to the current network congestion. Despite this, the enthusiasm of NFT collectors remains undeterred, with many actively trading and creating new Ordinals. The BRC-20 token standard, in particular, is gaining traction due to its simplicity and small transaction size.
As we navigate the dynamic landscape of Bitcoin and NFTs, it's essential to stay informed about these key metrics. They not only provide insights into the current state of the market but also help us anticipate future trends and opportunities. Stay tuned for more updates as we continue to explore this exciting frontier.
Twitter CEO Jack Dorsey Buys Bitcoin Ordinal NFT In a move that further validates the Bitcoin Ordinals market, Twitter CEO Jack Dorsey has reportedly purchased his first Bitcoin Ordinal NFT. Dorsey, a vocal advocate for cryptocurrency and blockchain technology, has previously sold an NFT of his first tweet for $2.9 million. His purchase of a Bitcoin Ordinal NFT is a significant endorsement for the burgeoning market. It's not just about the investment; it's about the message it sends. When influencers like Dorsey show interest in a new technology, it helps in driving mass adoption. This purchase is likely to encourage more crypto enthusiasts to explore Bitcoin Ordinals and could spark further interest in the Bitcoin NFT space.
MicroStrategy's Michael Saylor Supports Bitcoin Ordinals MicroStrategy's CEO, Michael Saylor, the world's largest bitcoin holder, has expressed his support for Bitcoin Ordinals. In a recent tweet, Saylor stated that Bitcoin Ordinals are "the future of digital collectibles." His endorsement is a significant boost for the Bitcoin Ordinals market. As a leading figure in the Bitcoin community, Saylor's support carries significant weight and is likely to attract more attention to Bitcoin Ordinals. This kind of high-profile backing is precisely what Bitcoin Ordinals need to gain more mainstream acceptance.
Bitcoin Ordinals on OpenSea OpenSea, the world's largest NFT marketplace, has announced that it will soon support Bitcoin Ordinals. This move will make Bitcoin Ordinals more accessible to a broader audience, potentially driving up demand and value. By opening up to Bitcoin Ordinals, OpenSea is not only acknowledging the potential of Bitcoin NFTs but also expanding the possibilities for artists and collectors. As a collector myself, I'm thrilled to see more platforms embracing Bitcoin Ordinals. The more marketplaces we have supporting these unique NFTs, the more opportunities there are for both creators and collectors.
Overall, these developments underline the growing momentum behind Bitcoin Ordinals. From the temporary suspension on Binance to the endorsements from Dorsey and Saylor, and now OpenSea's forthcoming support, Bitcoin Ordinals are increasingly becoming a hot topic in the crypto and NFT space. As a blogger and NFT collector, I'm thrilled to be at the forefront of these exciting times, and I can't wait to see where the S.S. Nakamoto sails next in the vast sea of digital collectibles.
Sources:
- https://blockchain.info
- https://mempool.space
- https://www.ordinalhub.com/
- https://brc-20.io/
- Binance Suspends Bitcoin Ordinals Trading Whats Going On?
As we bring the S.S Nakamoto back to harbor, we extend our gratitude for accompanying us on this fascinating daily journey through the world of Bitcoin Ordinals and BTC-rooted L2/token protocols. Remember, you can create your own unique Ordinal inscriptions using the advanced creator tools available at Ordinal-Drop.com. To ensure you don't miss out on the latest news and breakthroughs, join our vibrant Discord community and follow us on Twitter. Until we embark on our next intergalactic expedition, this is your Captain of the S.S Nakamoto, signing off.
Tonight's Portside view