Will Canny is CoinDesk's finance reporter.
Bitcoin innovation and development has seen a “renaissance” in activity in the last year, Franklin Templeton Digital Assets said in an April report.
“This activity is starting to accelerate within the Bitcoin NFT space,” wrote Franklin Templeton, noting that Ordinals have seen a sudden increase in trading volume in recent months. This is reflected by market share data showing an increase in dominance starting in December last year when Bitcoin surpassed rival blockchain Ethereum in NFT trading volume, the investment manager wrote.
“Multiple Ordinal collections are starting to dominate the NFT market in terms of volume and market cap,” the report added.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Cash & Bitcoin SV Pumping as Bitcoin Minetrix Nears Exchange ListingCrypto Blog
Read more »
Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?Crypto Blog
Read more »
The Bitcoin Halving Could Accelerate Consumer Adoption of BTCDavid Bailey is the chief marketing officer at Azteco.
Read more »
Ethereum ‘Blobs’ Unleash Activity Reminiscent of Bitcoin Ordinals’ Early DaysCrypto Blog
Read more »
Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity LimpsOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Read more »
Bitcoin price today: pinned at $65k amid rate uncertainty, slowing ETF activityBitcoin price today: pinned at $65k amid rate uncertainty, slowing ETF activity
Read more »