On February 1st, the Binance Web3 wallet was launched on the Inscription Market. Users can manage their BRC-20 assets. The performance is unsatisfactory. However, the competition in the Bitcoin ecosystem in 2024 is destined to become a roadblock between large institutions such as Binance and OKX. Long-term narrative.
JinseFinanceThe performance of Inscription tokens ORDI and SATS has lagged relatively behind the overall cryptocurrency market in 2024 so far, and is showing signs of possible further decline.
JinseFinanceA Deutsche Bank survey of 2,000 retail investors found that only about 15% believed Bitcoin would rise to between $40,000 and $75,000 this year.
JinseFinanceJudging from the current market value rankings, ORDI and SATS are the undisputed leaders and second-tier players in BRC-20.
JinseFinanceJinseFinanceJinseFinanceJinseFinanceMade as a memecoin, there is no immediate utility for the token, which makes its rise, together with other more familiar memecoins like DOGE and PEPE, particularly interesting.
DavinIt is high time for a deeper retracement on the "relief" rally in Bitcoin, say commentators, but upside targets of $28,000 stay on the table.
CointelegraphBTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000.
Cointelegraph