Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bitcoin Ordinals
What You Need to Know About Bitcoin Ordinals
Bitcoin Ordinals are digital assets inscribed on a satoshi, the smallest denomination of a Bitcoin (BTC). This strategy allows users to create Non-Fungible Tokens (NFTs) on the Bitcoin blockchain. NFTs are unique digital assets representing art, collectibles, and more. Ordinals have become popular due to their ability to provide an extra layer of security and decentralization for Bitcoin transactions. This has caused a surge in Bitcoin network development, making it easier for users to store assets securely. The Ordinals protocol…
2 years ago