Web3 Watch: Binance says no more to Bitcoin NFTs despite steady momentum 

Plus, Doodles makes a movie and Dogecoin has a deep order book

article-image

ded pixto/Shutterstock and Adobe modified by Blockworks

share

Binance announced that it will no longer support trades and deposits of Bitcoin NFTs starting from April 4 and users have been advised to withdraw their Bitcoin NFTs from the marketplace.

Despite this decision, Bitcoin ordinals remain popular among traders. Over $394 million worth of Bitcoin NFTs have been sold in the past 30 days, making it the second most popular chain for NFTs.

In fact, in a recent Franklin Templeton Digital Asset report, it is shown that there has been positive momentum driven in the Bitcoin space by ordinals

Loading Tweet..

Wu-Tang Clan rapper Ghostface Killah has embraced the growing enthusiasm for Bitcoin ordinals, joining the trend with interest. The artist revealed that he will launch an ordinals mint on April 11. 

Read more: Ordinals deserve a red carpet welcome

Doodles teaming up with Pharrell, Lil Wayne for summer movie

NFT community and entertainment company Doodles is teaming up with Pharrell Williams (more widely known as Pharrell), Lil Wayne and Coi Leray for an upcoming movie in the summertime.

The movie headlined “Dullsville and the Doodlesville” will be a “storytelling experience,” the NFT project posted in a tweet on X.

Using intellectual property for content and production has become a popular move for NFT projects recently. 

Read more: Doodles CEO imagines a ‘scaled-down version of Disneyland’

NounsDAO and chunks recently provided funding to crypto-native animation studio Atrium to produce the second season of an animated movie called The Rise of Blues. Pudgy Penguins has also revealed its plans to launch an open world for NFT holders in Q1 of this year. 

Read more: Pudgy Penguins, Unstoppable Domains partner to create .pudgy domain

Also of note:

  • The NFT.NYC Conference held its sixth iteration this week as NFT fans hoped for a reprieve from a prolonged slide.
  • A man is being paid to buy goats and name them after crypto influencers.
  • A DAO focused on rewarding users for their Reddit data went live. 
  • Coachella quest launched on Avalanche; users can now use the app to earn rewards.

Jack Kubinec contributed to reporting.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.jpg

Research

Figure, founded by former SoFi CEO Mike Cagney, has emerged as a leader in onchain RWAs, with ~$17.5B publicly tokenized. The platform’s ecosystem volume is growing ~40% YoY as it expands beyond HELOCs into student loans, DSCR loans, unsecured loans, bankruptcy claims, and more. Operationally, Figure cuts average loan production cost by ~93% and compresses median funding time from ~42 days to ~10, creating a durable speed-and-cost advantage.

article-image

Former White House crypto official Bo Hines is expected to be the CEO of the new project

article-image

In bonds, stablecoins and billionaires, a reminder of what makes crypto special

article-image

21Shares exec says CPI and PPI data supports a Fed rate cut, with market leaning toward a 25bps decrease

article-image

The Ethereum co-founder suggested LINEA holders would be eligible for other airdrops in cryptic tweet

article-image

The layer-2’s biggest release yet brings benefits — but a post-upgrade outage caused a chain reorg

article-image

Crypto is shifting into risk-on mode — pump.fun dominates meme activity, while Lido leans on treasury maneuvers