Bitcoin Startup Accelerators, VC Interest & Bitcoin Bull?
Another week for Building on Bitcoin, another Bitcoin ETF approval update as the market gears up for the Bitcoin halving
“Buy Bitcoin” Google searches relating to purchasing Bitcoin spiked worldwide, Mastercard partners with crypto payment firm MoonPay, and positive news around BlackRock’s spot Bitcoin ETF, as Bitcoin is evolving into a multiasset network with Ordinals and Bitcoin Layers. With people anticipating the Bitcoin halving happening early next year, are we officially back? Well, builders never really left. They have been preparing for this moment. Let’s dive into this week’s building on Bitcoin.
Bitcoin Adoption Accelerates
Bitcoin Magazine writer Frank Corva makes a case for Africa being the land of the free, with Bitcoin users being more free to experiment and build than Americans.
Excitement around Bitcoin increases in anticipation of spot ETF approval and Bitcoin halving. Bloomberg ETF analysts Eric Balchunas and James Seyffart raised their approval odds for a spot Bitcoin ETF by the SEC to 90% by January 10, 2024.
Crypto Startup Bastion secured money transmitter license in US.
Babylon reports BTC Timestamping testnet now integrated with 36 chains. The combined market cap of chains secured by Bitcoin exceeds $5.3B.
Bitcoin Builder Opportunities
Rootstock invites Solidity developers to use its EVM compatible sidechain and apply for a slice of the 2.5M grant.
Bitcoin $100K Frontier Fund Accelerator program submissions closes today.
Bitcoin Startup Lab “from ideation to startup creation” early stage accelerator submissions end on the 3rd of November.
The Stacks Foundation announces $25K Grant Pilot Cohort for Decentralized Grants, with the community deciding which applications will get approved.
ALEX, the finance layer on Bitcoin, announces Bitcoin Lab Ecosystem Fund, providing technical support, as well as investment round and liquidity support.
Sovryn successfully transitions to Bitocracy 3.0, a major milestone in their journey of decentralization.
The Stacks Foundation shares 5 highlights from the Bitcoin Unleashed London event for Bitcoin L2 Stacks.
Asigna launches Multisig on Mainnet with launch partners ALEX Lab and Bitcoin wallet Leather.
Leather announces Bitcoin L2 SIP10 token swaps directly in Leather.
Bitcoin wallet Xverse announces transferring BRC20 tokens in just one step.
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