According to the Ordinals Market website, Ethereum-based NFT holders can burn their tokens and inscribe them onto a satoshi on the Bitcoin network.

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.

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.

Cramer’s pessimistic projections about crypto and digital assets have always turned out false, leading to ridicule from the community.

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.

The post gained significant attention and sparked discussion among Redditors, highlighting Cramer’s flawed assessment in light of Nvidia’s remarkable performance.

Looking at growth over the past couple of years, the global NFT market size was estimated to be $15.54 billion in 2021.

The future of NFTs in the fashion industry carries significant potential. This is because the segment is expanding in lock step with the wider NFT market.

2022 was brutal in many aspects for the Web3 world. Scams ran rampant, while prices kept falling owing to macroeconomic conditions.

Despite roadblocks, NFT royalties can play a crucial role in creator revenue generation.

Despite the bumpy ride over the past few months, NFT royalties make the model more sustainable for founders of NFT collections. It also allows art to be a more sustainable source of livelihood for creators.

Technical indicators suggested that AGIX’s price would successfully break above the aforementioned $0.32394 mark within the next 24-48 hours.

AGIX’s price was looking to challenge the next key resistance level at $0.32394 at press time, after it had successfully flipped the previous resistance at $0.27128 into support and had crossed above the 9-day and 20-day EMA lines.

The 9-day EMA line was on the cusp of crossing bullishly above the 20-day EMA line. In addition to this, the daily RSI line was sloped positively towards the overbought territory and positioned above the RSI SMA line.

its market cap of $379,444,634 meant that AGIX was ranked as the 92nd biggest crypto in terms of market capitalization.

This positive price movement was unable to flip the leading crypto’s weekly performance back into the green, however, and BTC’s price was down 1.97% over the last 7 days.

At press time, BTC’s price traded above the $26K mark at $26,355.06, according to CoinMarketCap. This was after it experienced a 0.38% gain over the previous 24 hours.

Data from Santiment shows that the second week of March 2023 saw modest levels of enthusiasm from traders as the price of Bitcoin (BTC) dipped slightly. This is a stark contrast to the most recent dip which saw the market leader’s price drop below $26K, resulting in low levels of enthusiasm from traders and investors.

Some users contend that the hacking news has been misinterpreted and isn’t particularly important. Three years ago, Kraken Security Lab researchers discovered the Read Protection (RDP) Downgrade attack which exploited the physical vulnerabilities of Trezor devices to steal data. Trezor themselves have released a statement addressing the vulnerability, which is allegedly the same vulnerability exploited by Unciphered. As a result, people have categorized this exploit as old news.

Users have detailed that Unciphered’s hacking method requires the attacker to physically hold the victim’s wallet before performing the exploit. Furthermore, users claim that all that is required to protect private keys is a strong passphrase.