Bitcoin

MVC, a BTC sidechain based on the UTXO model + PoW consensus, offers low fees, high performance, and security features. It has a rich ecosystem implementation aimed at enabling innovative, large-scale applications within the Bitcoin ecosystem.

Ordinal theory is a new method of inscribing data onto the Bitcoin blockchain, endowing the smallest unit of Bitcoin, the satoshi (sat), with numismatic value, and allowing for the tracking, trading, and transferring of individual sats. It uses different representation methods to enumerate satoshis and describes their rarity based on their position in the blockchain. Inscriptions are a way of recording arbitrary data within a Bitcoin transaction, embedding data onto the Bitcoin blockchain through a two-step transaction process. It has the potential to impact the Bitcoin and cryptocurrency industry in the medium to long term but has also sparked divisions within the community. Inscriptions are also influencing the NFT space, as seen with protocols like Nervos' Omiga and Spore.

As BTC continues its halving, the impact of the supply side on BTC prices continues to diminish. However, we still need to formally observe the potential selling pressure.

The Bitcoin NFT project NodeMonkes has rapidly risen to become one of the largest NFT collections. Their transaction volume and value continue to grow, with the highest transaction reaching 16.6 BTC. Whales are also flexing their muscles in the NFT market, recently purchasing CryptoPunk3100 for 4500 ETH. The rise of NodeMonkes has spawned interest in other Bitcoin NFT projects, but for now it remains the flagship NFT collectible in the Bitcoin space. It is also possible that other projects will replace them over time. Let’s wait and see!

The SEC has officially approved the applications for 11 Bitcoin Spot ETFs (Exchange-Traded Funds), which means that Bitcoin will no longer be isolated from the traditional market but will be formally integrated into the global financial system.

The native technologies introduced after Bitcoin's Taproot upgrade in 2021, such as Schnorr signatures and Mast contracts, have made it possible to build a decentralized BTC layer 2 (L2). BEVM utilizes these technologies to propose a decentralized L2 solution based on the Bitcoin lightweight node network, which is considered to be the key to achieving cross-chain trustlessness in BTC.

NADA Protocol is transforming NFT mobile gaming by introducing a play-to-earn model with real-world value. Players can earn NADA tokens through gameplay, access in-game rewards, trading opportunities, and governance power.

The approval of spot Bitcoin ETFs and the upcoming Bitcoin halving event scheduled for April 2024 promises to project the crypto market into another bull run. As the confluence of both events stimulates a supply-demand imbalance, experts suggest that Bitcoin’s price may continue to rise in the coming months.

The article explores the way to create a parallel POS chain with BounceBit, which combines Ethereum's secure consensus innovation and compliance with CeFi platform partnerships to provide diversified restaking revenue models for BTC asset holders, aiming to overcome the lack of revenue for BTC in its native POW environment.

s one of the most active Crypto VCs, HashKey Capital regularly analyzes and organizes the Web3 sectors, providing a comprehensive analysis of different investment tracks for 2024.

Giants Planet aims to integrate the most promising directions on the current market through the gaming ecosystem as a carrier, namely BTCFi + RWA + AI.

The Broadcast Token Naming System (BTNS) is an asset issuance protocol based on CouterParty platform, which sets rich functionalities for tokens and has already formed a basic ecosystem.

Bitlight Labs has built a series of infrastructure facilities focusing on transactions around the RGB protocol, which are mainly divided into two aspects: from the RGB protocol to the Lightning Network ecosystem, and from BitcoinFi to Lapps. This provides a wealth of products for the entire Bitcoin ecosystem and the RGB protocol ecosystem.

The analysis methods and techniques for NFTs in this article are very interesting, and this project is on the BTC chain.

Martti Malmi, an early collaborator with Satoshi Nakamoto, unveils his entire email correspondence with Satoshi, becoming a significant addition to the canon of what we know about Bitcoin's anonymous creator.