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Binance drops Bitcoin Ordinals, medical tourism in the metaverse: Nifty Newsletter

News Feed - 2024-04-11 04:04:00

Ezra Reguerra5 hours agoBinance drops Bitcoin Ordinals, medical tourism in the metaverse: Nifty NewsletterBinance said it was dropping support for Bitcoin Ordinals as part of its efforts to streamline product offerings.1960 Total viewsListen to article 0:00NewsletterOwn this piece of crypto historyCollect this article as NFTJoin us on social networksIn this week’s newsletter, read about Binance’s nonfungible token (NFT) arm ending support for Bitcoin Ordinals, check out Dogecoin Ordinals airdropped Runestones, and find out how asset manager Franklin Templeton feels about Bitcoin NFTs. In other news, the metaverse is set to revolutionize the medical tourism market, and don’t forget this week’s Nifty News, featuring NFT collection Doodles collaborating on an animated film with Lil Wayne as a skeleton. Binance ends support for Bitcoin Ordinals


Binance NFT has halted its support for Bitcoin-based NFTs. On April 4, Binance posted that it would cease support for Bitcoin Ordinals trades and deposits as part of its efforts to streamline product offerings.


The exchange said it will also cease offering Bitcoin NFT airdrops and utilities after April 10. Furthermore, the exchange advised users to withdraw their Bitcoin NFTs from the marketplace before May 18.


Continue readingDogecoiners clone hyped Bitcoin Ordinals “Runestone” airdrop


Dogecoin NFT users handed out their version of Runestones in a giveaway similar to Bitcoin Ordinals in March. Over 30,000 Doge Runestones were sent to wallets that held at least one Doginal — Dogecoin’s Ordinals protocol.


The Doge Runestones airdrop mimicked the popular Bitcoin-based Runestone airdrop in March. During the event, a community-run effort allowed 112,000 Runestones to be given to early adopters of the protocol.


Continue readingOrdinals drive “positive momentum” in Bitcoin innovation — Franklin Templeton


Asset manager Franklin Templeton shared an investor note introducing Bitcoin Ordinals to its clients. The asset manager explained that the protocol spurred a “renaissance” in activity on the Bitcoin network. Franklin Templeton also highlighted that Bitcoin NFTs drove positive momentum in Bitcoin innovation.


While the asset manager showed positivity toward Ordinals, it also warned its investors that there are risks associated with the protocol.


Continue readingNifty News: LA’s Bored Ape lovers go hungry, Bitcoiners sell $500 Game Boy dupe and more


NFT collection Doodles announced its upcoming animated film featuring a character voiced by popular rapper Lil Wayne. On April 5, the collection announced it would roll out a storytelling experience through “digital collecting experiences.”


Meanwhile, NFT sales volume for all blockchains has slid for the fifth week after reaching a year-to-date high in March.


Continue reading


Thanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.# Bitcoin# Dogecoin# Binance# NFT# Bitcoin OrdinalsAdd reaction

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