Key Highlights
● Fractal Network achieves 246EH hashrate, representing 35% of Bitcoin's total computational power
● Bitmap trades at 14.2% premium on Merlin Chain
● OKX Wallet introduces ARC20 token bulk purchasing functionality
Ordinals Inscriptions Sector
Market Movements
- Bitmap demonstrates strong liquidity on Merlin Chain (@MerlinLayer2) with 14.2% trading premium
- Ethereum-based inscriptions projects (@0xFacet, @ethscriptions) release GIF visualizing Ethereum liquidity reorganization
Platform Updates
Mintify order book now live with XP reward system:
- 1,000 XP for login via Xverse wallet
- 2,500 XP for first purchase
- Total 3,500 XP redeemable for future platform tokens
Runes Protocol Developments
Token Performance
$DOG gains 5% amid speculation about Binance farming participation and potential listing
- Projected to maintain 75% Bitcoin dominance on Fractal mainnet
Migration Alert
- Pups Token (@PupsToken) sets November 5 deadline for token migration
BRC-20 Token Ecosystem
Financial Services
Liquidium (@LiquidiumFi_CN) expands lending support to include:
- $ORDI
- $SATS
- PIZZA
- $TRAC
ARC-20 & Atomicals Progress
Wallet Enhancements
👉 OKX Wallet now supports bulk ARC20 purchases
- Atomicals protocol development continues under @LeaperArc
Infrastructure Innovation
Rainbow City developing Nostr-compatible IM app integrating:
- Bitcoin wallet functionality
- Atomicals protocol
- Lightning Network
Bitcoin Layer 2 & Staking
Fractal Network Milestones
- FB token distribution completed (visible in OKX Wallet v6.84.0)
- 246EH hashrate achieves four times BCH's mining capacity
Core principles emphasize:
- Non-forking scalability
- Bitcoin-centric design
- Practical transaction optimization
👉 Explore Fractal's transparent treasury addresses
Merlin Chain Updates
Exclusive focus on Bitcoin-native assets:
- BRC-20 tokens
- Ordinals NFTs
- Bitmap parcels
Partners with BTC_OS for:
- BitcoinOS Grail Bridge security
- BitSNARK-powered Layer 2 rollups
Market Data & Trends
Price Movements (9/10)
| Category | Notable Tokens | 24h Change |
|---|---|---|
| Ordinals NFTs | Quantum Cats (0.234BTC) | -1% |
| BRC-20 | $ORDI ($29.7) | -1% |
| ARC20 | $QUARK ($0.00135) | +3% |
| Runes | $DOG ($0.000263) | +1% |
| Layer 2 | $MERL ($0.233) | 0% |
Mining Insights
- Independent miner secures 3.169BTC ($181,143) block reward
- Atomicals #infinity mining offers 8.7% premium versus direct BTC acquisition
FAQ Section
Q: How does Fractal's hashrate compare to Bitcoin's?
A: Fractal currently operates at 246EH, representing 35% of Bitcoin's total network hashrate.
Q: What makes Merlin Chain unique among BTC Layer 2 solutions?
A: Merlin exclusively services Bitcoin-native assets without cross-chain interoperability, focusing purely on BRC-20s, Ordinals, and related protocols.
Q: When is the Pups Token migration deadline?
A: Token holders must complete migration by November 5, 2024.
Q: What new functionality did OKX Wallet add?
A: The latest update enables bulk purchasing of ARC20 tokens, streamlining atomic swaps.
Q: How does Atomicals' infinity mining compare to buying BTC directly?
A: Current calculations show infinity mining provides an effective 8.7% BTC acquisition premium.
Industry Events
- ETF Flows: September 9 saw $2.86M net inflows, totaling $20.446B cumulative
- NFT Mint Alert: Taproot Witches (3,333 collection) launches September 18
Market data provided by Ordinals World (@OrdzWorld), Singapore-based analysts specializing in Bitcoin ecosystem development.