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John Bitcoin
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2022 was brutal in many aspects for the Web3 world. Scams ran rampant, while prices kept falling owing to macroeconomic conditions.
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According to the Ordinals Market website, Ethereum-based NFT holders can burn their tokens and inscribe them onto a satoshi on the Bitcoin network.
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Last week, Bitcoin climbed to the number two spot on the leaderboard for NFT trading volumes in terms of network, according to data platform CryptoSlam, blazing ahead of Solana and trailing just behind Ethereum.
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According to data from Dune Analytics, ordinals surpassed 10 million inscriptions Monday, a substantial leap from the 3 million inscriptions reported in the first week of May.
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Cramer’s pessimistic projections about crypto and digital assets have always turned out false, leading to ridicule from the community.
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Adding to the chipmaker’s triumph, Nvidia reported impressive first-quarter earnings that exceeded Wall Street estimates, causing its stock to surge by over 25% during extended trading.
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