Bitcoin NFTs, also known as Bitcoin ordinals or digital artifacts, allow digital content recorded on the Bitcoin blockchain. The protocol for Bitcoin ordinals was launched in January 2023 by Casey Rodarmor, who wanted to create an on-chain presence for art, text, and videos. The first Bitcoin ordinal was a pixel art of a skull inscribed on December 14, 2022.
The next big Ethereum update is almost upon us, and it could have a big impact on the price of ETH. Recently Ethereum has successfully transitioned to Proof of Stake (PoS), but the merge did not initially allow validators to withdraw their staked ETH. However, the upcoming Shanghai upgrade, previously known as EIP 4895, will finally allow for these withdrawals, and it is tentatively scheduled to take place in March 2023.
Bitcoin’s yearly low prices have been grabbing headlines in the past few weeks. Prices have dipped below $16000, which has caused a lot of concern among Bitcoin investors. However, it’s important to remember that Bitcoin has seen such drops before and looking at the yearly lows instead of the All Time Highs (ATH) can help stay level-headed and better see the macro trend.
The Ethereum Dev Team announced that in September they Should be transitioning from proof of work to proof of stake by merging Beacon Chain (test environment) with the production environment. What does this mean for you?