The Emergence of Ordinals
The digital asset market has experienced its first significant pullback of the year, alongside news of heavy US regulatory moves, and SEC crackdowns. Simultaneously, the emergence of Ordinals and Inscriptions on Bitcoin is creating a new, and unexpected demand for blockspace.
Crypto Morning Briefing: Hong Kong Hopes To Raise US$102 Mln From Digital Green Bonds; Blur Launches Long-Awaited Token Airdrop for Ethereum NFT Traders
Hong Kong Hopes To Raise US$102 Mln From Digital Green Bonds; Sam Bankman-Fried’s Use of a VPN on Super Bowl Sunday ‘Raised Concerns’; Binance Backs ChatGPT To Improve Crypto Education, Adoption;
The Seventh Bull Cycle
According to Pantera Capital, over the long-term, Bitcoin has been in a secular uptrend of 2.3x annually over the past twelve years, on average.
