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What is an ordinal NFT (electronic artwork, inscription)?
1. Transaction witness data field: This is where the data and content of the NFT are stored.
2. Inscription: It is the main body of NFT - the actual content placed on the Bitcoin blockchain. NFT represents the ownership of these contents. An inscription is engraved on the transaction's input witness data field, and the NFT is assigned the first satoshi of the transaction's first output. You’ll also see people refer to inscriptions as “electronic art/ordinal NFTs” – the three terms have become synonymous.
3. Envelope: The inscription will be stored in an area (within the witness data) that Rodarmor calls the "envelope".
1. Transaction witness data field: This is where the data and content of the NFT are stored.
2. Inscription: It is the main body of NFT - the actual content placed on the Bitcoin blockchain. NFT represents the ownership of these contents. An inscription is engraved on the transaction's input witness data field, and the NFT is assigned the first satoshi of the transaction's first output. You’ll also see people refer to inscriptions as “electronic art/ordinal NFTs” – the three terms have become synonymous.
3. Envelope: The inscription will be stored in an area (within the witness data) that Rodarmor calls the "envelope".
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#binance
📢Binance C2C Spring Festival limited time event – trade to share 10,000 BUSD gift cards
C2C invites you to welcome the Spring Festival and celebrate the New Year🎉. Participate in transactions to win up to 100BUSD equivalent gift cards🧧
⏰From 00:00 on January 19, 2023 to 23:59 on February 7 (UTC+8)
Details 👉binance.com/zh-CN/support/…
📢Binance C2C Spring Festival limited time event – trade to share 10,000 BUSD gift cards
C2C invites you to welcome the Spring Festival and celebrate the New Year🎉. Participate in transactions to win up to 100BUSD equivalent gift cards🧧
⏰From 00:00 on January 19, 2023 to 23:59 on February 7 (UTC+8)
Details 👉binance.com/zh-CN/support/…
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#crypto2023 What are you still hesitating about? When it's the lowest, no one gets on the bus, and when it's the highest, no one gets off. It's time to steadily rise. According to this rhythm, I will get on the road and wait until next year. What do you think? Leave a message in the comment area.
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The rally took Bitcoin ( BTC ) to $18,800, up 7% on the day, its highest level since a gap down in early November as cryptocurrency exchange FTX collapsed. With today's gains, Bitcoin is up about 14% so far in 2023 as it looks to recover from the 2022 bear market. Earlier on Thursday, the government reported that U.S. consumer price index fell to 6.5% in December from 7.1% the previous month, in line with economists' forecasts and potentially setting the stage for the Federal Reserve to increase interest rates from a pace of 50 per meeting in December. The reduction in basis points to 25 basis points paves the way (previously 75 basis points).
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A new series launched on OpenSea called Win Trump Prizes allows users to purchase rewards related to former US President Donald Trump. Individual holders can claim 200 ETH ($277,000) for a one-on-one Zoom meeting with Trump, 50 ETH ($69,000) for a dinner ticket, 21.45 ETH ($30,000) for a meeting with Trump, and more. According to OpenSea’s Win Trump Prizes series, the series has a trading volume of 35 ETH ($48,500) and a total of 669 owners.
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App developer Nima Owji posted on social media that Twitter has added a “Coins” option to the navigation bar of the developer version. According to the introduction, Coins can be used to reward creators who publish exciting content, and unused Coins can be saved in the user's balance. Nima Owji added that Coins appear to be an in-app currency used to support creators and that no Crypto-related content has been found yet.
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#crypto2023
If BTC rises a little, the stock will turn red for you!
If BTC production is reduced in 2024 and the cryptocurrency bull market returns, how many times will the stocks of mining companies increase?
How should we enter the market now?
What industry can achieve 100-fold expectations in one year?
The madness of the capital market is beyond your imagination!
If BTC rises a little, the stock will turn red for you!
If BTC production is reduced in 2024 and the cryptocurrency bull market returns, how many times will the stocks of mining companies increase?
How should we enter the market now?
What industry can achieve 100-fold expectations in one year?
The madness of the capital market is beyond your imagination!
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Cryptocurrency exchange Gemini said in an email on Tuesday that it has terminated the master loan agreement (MLA) between its customers and Genesis. The exchange said: "This officially terminates the Gemini Earn program and requires Genesis to return the All outstanding assets in the plan. Existing redemption requests are unaffected and continue to await the fulfillment of Genesis." On Tuesday, Gemini founder Winklevoss wrote another open letter calling for the ouster of DCG CEO Barry Silbert and accusing DCG and Genesis of accounting fraud.
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NFT market Blur’s total transaction volume has reached 598,202 ETH (approximately $800 million). The current total number of transactions on the platform is 1,260,397. According to previously observed data, the total transaction volume of Blur exceeded 500,000 ETH on January 2, which means that the transaction volume of Blur exceeded 95,000 ETH in the past week. On December 31, 2022, Blur announced that its native Token BLUR will be launched at the end of January 2023. The team will announce more details and the exact date of Token issuance as soon as possible in the next two weeks.
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Digital asset manager Osprey Funds has laid off 15 employees and is now operating with fewer than 10 employees, including four members of its leadership team. On April 12 last year, Osprey listed 22 employees on its website. By August 15, that number had dropped to 19; by November 28, it had dropped to just four executives. Sources said Osprey had previously tried to launch a hedge fund, but the company said its latest layoffs were due to a failed hedge fund launch.
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Prosecutors in the U.S. District Court for the Southern District of New York said the FTX case was "too large" and could drain the court's resources. According to FOX Business reporter Charles Gasparino, prosecutors told various people involved in the FTX investigation that it involves potential bribery, campaign contribution violations, market manipulation, theft and fraud. Gasparino did not identify his source or provide further details about the status of the investigation.
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Today, the "POW'ER 2023 Hong Kong Web3 Innovators Summit" opened as scheduled at the Hong Kong Cyberport. Guests attending the summit included Mr. Chan Mo-po, Financial Secretary of the Hong Kong Government, Mr. Chan Ho-Lin, Deputy Director of the Treasury Bureau, Mr. Liu Huiping, Vice President of the Hong Kong Trade Development Council, as well as many political figures in Hong Kong, as well as from the market’s leading virtual asset trading and management platform. , Hong Kong’s first batch of licensed financial institutions, celebrities from the world’s top investment institutions, and active Web3 entrepreneurs.
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In a new proposal, the MakerDAO governance team’s Open Markets Committee is seeking community approval to make changes to some of the parameters by which DeFi operates in light of recent events in the DeFi ecosystem’s lending vertical. Under the new proposal, MakerDAO’s Aave-DAI direct deposit module (Aave D3M) is proposed to be reactivated with a limited debt cap, and the Compound v2 D3M debt cap will increase. Stability fees will also be standardized for the protocol’s WSTETH-B vault type. Additionally, USDP PSM fees will be increased to prevent increased risk exposure.
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As Singaporean consumers increasingly live their lives online, almost eight in 10 (77%) want to have the option to control their data rather than leaving it to companies and governments to decide, according to recently released consumer data research by Visa . The study also found that two-thirds of Singaporean consumers use shopping apps/websites and financial services apps/websites on a weekly basis, exposing them to increasing requests for their personal data. 65% of consumers are asked to provide personal data almost every time they use an online service. However, nearly three-quarters (74%) of Singapore consumers say companies rarely educate them on data collection policies or data management options, and more than half (52%) believe data policies are there to protect companies legally. interests rather than their own.
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The BitVol (Bitcoin Volatility) Index launched by the financial index company T3 Index in conjunction with the Bitcoin options trading platform LedgerX rebounded to 47.68, a single-day increase of 3.36% compared to January 4.
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Crypto-asset funds had their worst year since 2018, with inflows plunging 95%. Funds tracked by CoinShares will have total net gains of just $433 million in 2022, compared with $9.1 billion last year, a 95% drop. Bitcoin prices have fallen about 60% in the same period, as a cryptocurrency winter grips the market just as the Federal Reserve raises interest rates to combat blazing inflation. 3iQ experienced the most significant net outflows, totaling $529 million for the year. CoinShares’ XBT product experienced outflows of $446 million, while ProShares crypto fund saw the largest inflows at $320 million.
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James Bromley, an attorney for FTX in its bankruptcy proceedings, told the court that the U.S. federal government is seizing some assets that may be related to bankrupt cryptocurrency company FTX, including $460 million worth of FTX-related Robinhood shares that have been seized by FTX’s Claims were made by multiple creditors, who filed suit in court to try to take control of the shares. As part of a fraud case against SBF, the founder of failed cryptocurrency company FTX. The government also took control of assets in bank accounts that were part of a bankruptcy case involving a unit of the FTX empire in the Bahamas.
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In the latest news about the Celsius bankruptcy case, Judge Martin Glenn ruled that the $4.2 billion in funds deposited into Earn Accounts was the property of Celsius, not the investors. The court concluded that based on Celsius’s express terms of use and subject to any retained defenses, the cryptocurrency assets (including stablecoins, discussed in detail below) became Celsius’s property when they were deposited into Earn Accounts, the decision document said. The property, as well as the cryptocurrency assets retained in the revenue account as of the date of the petition, become property of the debtor’s bankruptcy estate.
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BURNGMT
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𝐖𝐢𝐥𝐥 𝐔𝐬𝐮𝐚𝐥 𝐓𝐨𝐤𝐞𝐧 𝐑𝐞𝐚𝐜𝐡 $𝟏𝟎 𝐀𝐟𝐭𝐞𝐫 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐋𝐢𝐬𝐭𝐢𝐧𝐠? 𝐇𝐞𝐫𝐞’𝐬 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰! 😱
👀 Pre-Listing vs. Post-Listing Price Dynamics
The pre-listing price of $0.50 may not directly translate to its post-listing valuation, as the Binance listing introduces new liquidity, broader investor attention, and increased market activity.
💡 Short-Term Outlook
A price surge of 3x to 10x in the short term is plausible, driven by heightened demand and market speculation. However, achieving the ambitious $10 mark will likely require sustained development, market support, and consistent investor confidence. Tracking market conditions, the project's roadmap, and overall sentiment will be key indicators of Usual Token’s growth trajectory.
🔥 600M GMT Buyback & Burn Initiative: A Game-Changer for Token Value 🚀
The recently announced $100M Buyback and BurnGMT Initiative is a bold step showcasing the team’s unwavering commitment to the long-term growth of the GMT ecosystem. This initiative will see 600 million GMT tokens repurchased and burned, including allocations for early advisors, team members, and investors that have yet to be unlocked.
By reducing the circulating supply, this move not only boosts the token's intrinsic value but also demonstrates the team's confidence in the ecosystem’s future. Such a decisive strategy could attract long-term investors, stabilize the market, and solidify GMT’s position as a leading token.
Conclusion
While $10 remains an ambitious target for Usual Token, a strong start post-listing on Binance could pave the way for substantial growth. At the same time, GMT’s bold buyback initiative sets a new benchmark for ecosystem-focused strategies, positioning the token for sustained long-term value appreciation.
#BURNGMT
@STEPN | Public Beta Phase VI $GMT
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