Bitcoin has entered the NFT space with the introduction of Ordinal Inscriptions, which are non-fungible tokens inscribed on the smallest denomination of Bitcoin. This has caused disruptions on the Bitcoin network and sparked debate about the value and applications of Ordinals. However, this disruptive change is driving innovation and leading to new developments and network effects in the decentralized world. NFTs are becoming important stores of digital culture because Web3 enables true digital ownership, allowing digital items to carry personal meaning.

The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. DOGE has been trading within a compact price range for the past three weeks, but a range breakout seems likely with Bitcoin experiencing a price correction.

Europe's first bitcoin exchange traded fund (ETF) is expected to launch this month, following a 12-month delay. Jacobi Asset Management had initially planned to list its bitcoin ETF on Euronext Amsterdam in July 2022, but decided to postpone the launch after the Terra Luna crypto crash and FTX's collapse later that year. The asset manager said demand has since shifted and it is now "on track" to launch the ETF.

Bitcoin's price failed to gain momentum after the release of the US CPI. It is currently trading below $30,500 and there is a risk of a drop towards $29,850. The price failed to clear the $30,850 resistance and broke below a connecting bullish trend line with support near $30,620.

Bitcoin fell below US$30,500 due to the potential sale of Bitcoin seized from a Silk Road theft by the US government. Other top 10 non-stablecoin cryptocurrencies also experienced losses, with Matic being the biggest loser.

Carlos Maslatón, a prominent lawyer and Bitcoin advocate, has criticized Argentine presidential candidate Javier Milei's plans to dollarize the economy and suggested a Bitcoin adoption drive instead.

Primal, a startup dedicated to developing bitcoin-infused Nostr applications, has raised $1 million in funding from Ten31, Hivemind Ventures, and others, and aims to enable users to send small amounts of bitcoin called "zaps" to other users and their posts, anywhere in the world.

The U.S. Department of Justice has moved 9,825 Bitcoin, worth $302 million, seized in connection to Silk Road to new addresses. The BTC was sent in two transactions, with one still pending. Despite the movement, BTC's price remains unchanged at $30,713, with bullish sentiments returning to the market after traditional financial institutions applied for a spot BTC ETF in June. The amount of Bitcoin held by funds rapidly grew to nearly 850,000 BTC in June, according to data from ByteTree.

Two unconfirmed transactions have reportedly moved around 9,800 bitcoin linked to the Silk Road, the largest movement of funds from the darknet marketplace in months. Of this amount, 8,200 bitcoin was transferred to new wallets, while the remainder was sent to change wallets.

WisdomTree, a fund group managing $93.6 billion in assets, has launched a new financial app called WisdomTree Prime, which allows users to buy and sell bitcoin, ether, and nine WisdomTree digital funds, as well as tokenized physical assets such as gold.