Bitcoin Layer 2 Stacks Network's STX Token Spikes 50% as 'Ordinals' Boom

Ordinals have caused a minor frenzy about Bitcoin-native NFTs, pushing Stacks' native token STX higher. Reports godbole17.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's What Makes Bitcoin (BTC) NFTs Ordinals DifferentDotta, anonymous NFT developer and creator of ERC721 software license, explains what is special about Bitcoin (BTC) digital collectibles
Read more »

How the Ordinals movement will benefit the Bitcoin blockchainOrdinals are positively impacting the Bitcoin network by boosting its security and attracting more developers into the ecosystem, according to independent developer, Udi Wertheimer.
Read more »

Bitcoin Eyes $25K Again While Stacks Soars 50% on Ordinals Hype (Market Watch)The hype around the Bitcoin-based NFTs has pushed Stacks a lot higher recently.
Read more »

$45 Million in Ethereum (ETH) Gone Forever Since Merge, Here's How Price Reacts$ETH seeing a surge in burning volume on the network, which might have pushed the price back to the $1,700 price level
Read more »

Sony and Astar Network Launch Web3 Incubation Program for NFT and DAO-Focused Projects – Bitcoin NewsSony partners with Astar Network and Startale Labs to co-host a Web3 incubation program aimed at mentoring NFT and DAO Web3 projects.
Read more »

Speculative Shiba Inu (SHIB) Traders Are Dropping Their Holdings, 65% of Holders Are Long Term$SHIB is seeing a solid rise of long-term investors on its network, which could be the first sign of fundamental changes of the asset
Read more »