Ordinals

Rebar aims to launch Bitcoin-native MEV Shield by end of 2024 — CEO

October 19, 2024 Coin Telegraph

The startup is onboarding BTC miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.

Rebar Labs aims to launch the first Bitcoin-native platform for shielding traders from maximum extractable value (MEV) strategies, such as fron-trunning, by the end of 2024, CEO Alex Luce told Cointelegraph in an interview.

Bitcoin’s emerging ecosystem of native decentralized exchanges (DEXs) and layer-2 (L2) scaling solutions has reinvigorated the oldest blockchain network but has also created new risks for traders, including harmful MEV.

“Right now, if we’re talking about MEV, the most obvious example on Bitcoin is front-running,” Luce said. “It’s happening fairly often.”

Analysts’ Bitcoin 0K Target Fuels Bullish Fire, Bears Brace for Impact

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing

September 19, 2024 Bitcoin.com

Bitcoin

In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

How Logos Is Onboarding Early Supporters Onto Its Network State Technology Stack With a Bitcoin Ordinals Collection

August 28, 2024 Bitcoin.com

bitcoin.com

Logos is a fully decentralized, privacy-preserving, and politically neutral technology stack that provides the necessary support for self-sovereign virtual territories. The stack includes three modular, blockchain-based protocols: Nomos (consensus), Codex (storage), and Waku (messaging). Combined, they provide the technical foundation for cyber states, parallel societies, network states, or any borderless public institution based on voluntary […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration

August 13, 2024 Bitcoin.com

Bitcoin

The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within the decentralized economy, allowing for new applications previously hindered by Bitcoin’s lack of native smart contract support. ICP Introduces Threshold-Schnorr Signatures to Boost Bitcoin Compatibility […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Germany has 9K Bitcoin left just 3 weeks after it started selling

July 12, 2024 Coin Telegraph

Arkham Intelligence

Germany’s Bitcoin stack briefly dipped below 5,000 BTC after a large amount of funds was sent to Coinbase, Bitstamp and Kraken, but it has since moved some back.

The German government’s Bitcoin wallet is down to 9,094 Bitcoin — just 18% of what it started with — after the latest string of back-and-forth transfers to crypto exchanges on July 11.

The wallet, which has been holding Bitcoin (BTC) seized from a film pirating website crackdown in January, has transferred out billions in Bitcoin since June 19 but ramped up efforts at the start of July.

On July 11, the wallet briefly dipped below 5,000 BTC after sending 10,620 BTC worth around $615 million to cryptocurrency trading platforms Coinbase, Bitstamp, Kraken, Flow Traders and two anonymous addresses, blockchain intelligence firm Arkham noted.

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Ordinals Explorer Ord.io Introduces Rune-Gated Chats

July 3, 2024 Bitcoin.com

bitcoin.com

Ordinals explorer Ord.io has announced the launch of ‘Degen Chat’, a new feature that introduces Rune-gated live chats for every Rune. This platform allows users to connect their wallets and start chatting instantly. The Degen Chat also introduces unique features such as Holder rank flairs and Mint count flairs. Ord.io founder, Leonidas, emphasized that every […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor

June 23, 2024 Bitcoin.com

Bitcoin network

Although Bitcoin-based decentralized applications (dapps) have been known to replicate or copy Ethereum dApps, Jeff Yin, founder of Merlin Chain, believes there is a growing impetus to build bitcoin dapps that are distinguishable from ether-based dapps. Yin, however, noted that the synchronization between bitcoin-based dapps and the Ethereum Virtual Machine (EVM) dapps still benefits the […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Study: Ordinals and Runes Reach $1 Billion Market Cap

June 13, 2024 Bitcoin.com

Study: Ordinals and Runes Reach Billion Market Cap

Bitcoin NFTs

In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling a robust expansion within the Web3 sphere. Report Reveals Emerging Dynamics in Bitcoin Ordinals […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Runes and BRC-20s are just a stepping stone for Bitcoin DeFi

May 6, 2024 Coin Telegraph

Bitcoin

Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.

Bitcoin Runes and BRC-20 tokens may only be a stepping stone in the evolution of Bitcoin-native decentralized finance (DeFi).

The emergence of Runes and Bitcoin DeFi came from a desire to add more utility to the world’s safest blockchain network, according to Rich Rines, a Core DAO contributor building Bitcoin DeFi solutions. Rines told Cointelegraph:

Runes is a new protocol for issuing fungible tokens on the Bitcoin network that launched on April 20, the day of the Bitcoin halving. Runes are part of a wider developer movement known as Bitcoin DeFi, or BTCFi, aiming to add more utility to the Bitcoin network.

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop

April 25, 2024 Bitcoin.com

Bitcoin

According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial activities constituted only 18.8% of the transactions processed. As Runes […]

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