Bitcoin’s smallest on-chain transactions now make up about 80% of daily counts, but that doesn’t mean everyday payments are exploding. CryptoQuant says the surge is being driven largely by Ordinals, Runes, BRC-20s, and data timestamping, with block space getting crowded.
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Bitcoin’s latest internal brawl is over block space, not price: Luke Dashjr is backing BIP-110, a proposed soft fork that would curb arbitrary data on-chain and hit Ordinals, Runes, and other “spam” use cases. The fight is really about what Bitcoin should be for.
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Bitcoin Ordinals just took another gut punch: Ord.io and Zap are shutting down on June 1 after running out of money, a rough reminder that hype doesn’t equal a sustainable business. Ord.io shuts down June 1 Zap shuts down June 1 Leonidas King says the team “ran out of money” Bitcoin inscriptions activity has cooled […]
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