ChainCatcher news, the famous auction house Sotheby's announced on Monday that the special edition "Genesis Cat" from the Ordinals NFT project Quantum Cat was sold for over $250,000. The "Genesis Cat" was created by digital artist FAR and received over 50 bids, ultimately selling for 6.31 BTC (which is 12 times the highest estimate).Previously, Taproot Wizards announced the Quantum Cat series based on Bitcoin Ordinals inscriptions, a project consisting of 3,333 images with a creation cost exceeding $66,000 on Bitcoin. The broader auction for the series is scheduled for January 29. It is reported that the Quantum Cat series aims to pay tribute to early code in the Bitcoin network known as concatenate or OP_CAT.

ChainCatcher news, after the announcement from the official X account of the U.S. SEC regarding the approval of a spot Bitcoin ETF, Gary Gensler of the U.S. Securities and Exchange Commission quickly confirmed in a reply that the X account of the U.S. SEC was hacked, and the approval of the spot Bitcoin ETF was false news.Digital artist Billy Restey posted on the X platform, stating that to ensure we do not forget this incident, he has inscribed Gary Gensler's response tweet as an "Ordinals Inscription" NFT archive.

ChainCatcher news, Sotheby's digital art department announced its first auction of Bitcoin Ordinals artworks, featuring pieces from the anonymous artist Shroomtoshi's Bitcoin Ordinals project BitcoinShrooms. The auction will take place from December 6 to 13 local time, with three pieces available for bidding.It is reported that the series includes two mushroom individuals and a pixelated avocado seed, named BIP39------the common standard for the mnemonic code required to create seed phrases. These three pieces are expected to sell for around $20,000 to $30,000, although the auction house also accepts bids in cryptocurrency.

ChainCatcher news, according to Dune Analytics data, the daily trading volume of the mainstream platform for Bitcoin Ordinals inscriptions has risen to approximately $15.94 million yesterday, an increase of over 200% compared to the recent low of $4.94 million on November 26.

ChainCatcher message, in response to Twitter user "Coinicarus" stating that Bitcoin Ordinals NFT trading volume has dropped by 98% since May, Bitcoin supporter Eric Wall replied, acknowledging that Ordinals is a huge failure and is willing to offer double refunds to everyone who purchased the Taproot Wizards project, allowing them to keep the jpeg (no need to return the NFT), and has opened DMs.It is reported that Eric Wall is one of the initiators of Taproot Wizards, which was launched in February this year and is a wizard-themed Ordinals project.

ChainCatcher news, the cryptocurrency data analysis website CoinGecko has added a section for Bitcoin Ordinals NFTs. Users can view data such as floor prices, trading volumes, and market capitalizations of Bitcoin Ordinals ecosystem NFT collections.

ChainCatcher news, according to official information, the OKX Web3 wallet officially supports Ordinals NFT trading. Users can go to the OKX Web3 wallet Ordinals market for BRC20 and BTC NFT trading. This market is a decentralized trading market, supporting transactions on both the app and web platforms, with 0 fees.It is reported that the OKX Web3 wallet is the first multi-chain wallet to support the Ordinals market. Previously, it launched the first BRC-20 browser and proposed the BRC-30 standard to introduce a staking mechanism to the BTC ecosystem, among other features.

ChainCatcher news, OKX announced the Web3 wallet Bitcoin ecosystem roadmap. According to the roadmap, the OKX Web3 wallet will launch the BRC-20 trading market within this week, supporting the trading of BRC20 tokens and BTC cross-chain swaps. It will also support Ordinals inscriptions and BRC-20 token minting, Ordinals NFT trading, STX Staking (BTC layer 2), and BRC20 Staking by the end of May to early June.OKX is an early supporter and builder of the Bitcoin ecosystem, having supported the Bitcoin Lightning Network two years ago. Through continuous product iteration and innovation, it leads the industry in co-building the BRC-20 standard. The OKX Web3 wallet is the first multi-chain wallet to support Ordinals. (source link)

According to ChainCatcher news, data from Dune shows that the number of Inscriptions (similar to NFTs) minted using Ordinals has exceeded 6 million, with a total fee revenue of 1,226.6595 BTC, approximately 32,443,040 USD, as of now. Previously, the total number of Ordinals inscriptions surpassed 5 million on May 10. (Source link)

ChainCatcher news, according to The Block, Binance's NFT marketplace will start supporting Ordinals trading from late May to further develop Binance's "multi-chain ecosystem."Binance's product head Mayur Kamat stated that Binance users will be able to buy and sell Ordinals without the need for a "separate Bitcoin wallet." (source link)

ChainCatcher news, the Grayscale research team recently published an article exploring the potential of the Bitcoin Ordinals NFT market, believing that Ordinals have a positive impact on the Bitcoin network in two key areas: increasing Bitcoin miner fees and potentially fostering a cultural transformation within the Bitcoin community."Ordinals are a new development that has emerged recently, but they have already accumulated over a million Ordinals in just four months, even during a bear market. Although Bitcoin is often described as a 'stagnant' blockchain, this unexpected surge in popularity may indicate a shift in the broader perception of Bitcoin.While there are reasonable concerns, we believe that in the long run, Ordinals may have a positive impact on the Bitcoin network and can attract a new wave of enthusiastic users and developers to embrace the Bitcoin community." (source link)

According to ChainCatcher news and Dune data, the number of Inscriptions minted using Ordinals (similar to NFTs) has exceeded 500,000, reaching 521,843 so far, with a total expenditure of over 2.66 million USD. The highest daily minting occurred on March 9, with 31,692 NFTs minted that day. (source link)

ChainCatcher news reports that a recent research report from the crypto financial services company Matrixport indicates that Ordinals NFTs triggered a 50% increase in the price of Stacks Network token STX earlier this week, potentially pushing its market capitalization to $1 billion.Markus Thielen, head of research at Matrixport, wrote that because Ordinals are directly minted on the blockchain, "they are considered digital products due to their permanence and immutability on the distributed ledger," whereas traditional NFTs can be altered by smart contract developers.The combination of NFTs and the Bitcoin network brings more security, transparency, and traceability. The report states that it opens up more use cases and reignites interest in these tokens. Last week, the number of newly issued Ordinal NFTs on the Bitcoin blockchain exceeded 100,000. (Source link)