Bitcoin Shows Dominance - Taking 50% Of the Entire Global Crypto Market
Bitcoin's dominance has exceeded 50% for the first time in over 2 years. Another reason for building on Bitcoin?
With the reapplication of Invesco (IVZ), a prominent $1.4 trillion investment management company, alongside Galaxy Digital, for a Bitcoin exchange-traded fund (ETF), and Bitcoin reclaiming its dominant position with over 50% market share in the crypto space, the excitement surrounding building on Bitcoin is palpable. Institutional adoption plays a pivotal role in advancing the Bitcoin narrative, opening up new avenues for Bitcoin builders to realize their ambitious goals. In this week's Bitcoin Builders breakdown, let's delve into the latest developments and explore the exciting opportunities that lie ahead!
Bitcoin Builders Opportunities
Recursive & Cursed Inscriptions now live on Magic Eden’s Ordinal marketplace. Artists and Creators can leverage new Ordinal updates for the Magic Eden launchpad. Apply to launch your Ordinals project on ME.
Ordmint successfully launches BRC-20 token via BRC-20 DEX Launchpad ALEX. Apply to launch your BRC-20 token on ALEX.
Bitcoin Startup Lab closes registration for its Startup Bootcamp to onboard more entrepreneurs to the Bitcoin builders community. Apply for the Bitcoin Startup course today before it’s too late.
📢 Builders Watch: Bitcoin Builders accelerator “Bitcoin Frontier Fund” shares date and registration for demo days, for anyone to discover groundbreaking solutions being built on top of Bitcoin. Join the demo days to learn about Bitcoin builders.
Transferring Bitcoin
Binance is working to integrate the Bitcoin Lightning Network to deposits and withdrawals to reduce fees.
Non-Custodial Bitcoin Exchange Boltz introduces new app with the ability to swap to Taproot addresses and Liquid swaps being available.
Hiro Wallet announces custom fee support due to high Bitcoin transaction fees.
Global money app Strike announces expansion of its payment service to Mexico, the largest market for cross-border payments from the United States.
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Hiro Wallet & OrdiLaunch BRC-20 Launchpad announce partnership to create a seamless onboarding experience for BRC-20 tokens.
OnChainMonkey successfully sold 300 dimensions on recursive inscriptions
📢 Builders Watch: Last call for Rootstock developers to submit their ideas to the co-hosted hackathon.
Sovryn announces Bug Bounty Program with Immunefi, calling white-hat hackers to test smart contracts and Sovryn’s frontend.