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 Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC 721E

Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC 721E


Published: 2023-05-30


1. Main Topics: - Bitcoin Ordinals - Bridging Ethereum NFT - New Standard

2. Topic Details: 1) Bitcoin Ordinals: It is a new protocol that aims to standardize the way unique IDs are assigned to Bitcoin-based non-fungible tokens (NFTs). The protocol uses a system of sequential numbering to designate the ownership of these assets on the blockchain. 2) Bridging Ethereum NFT: With the introduction of Bitcoin Ordinals,the Ethereum blockchain will be able to recognize these NFTs,allowing them to be traded across both networks. This will eliminate the need for intermediaries and simplify the process of trading Bitcoin-based NFTs in Ethereum-based marketplaces. 3) New Standard: Bitcoin Ordinals will create a new standard for token ID assignment,making it easier for developers to create and manage NFTs across different blockchain networks. The protocol will also provide a more secure and efficient way to track the ownership of these unique assets. Overall,the article focuses on the potential benefits of Bitcoin Ordinals in resolving the challenge of interoperability between different blockchain networks. It highlights the advantages of using this standard protocol in NFT trading and the impact it could have on the broader cryptocurrency industry.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,294.45 1,203,546,400.71
2 ARS title=ARS 1,108.20 814,833,049.60
3 ETH title=ETH 3,076.22 511,935,255.44
4 SOL title=SOL 171.00 457,824,554.26
5 PEPE title=PEPE <0.01 181,766,015.72
6 BONK title=BONK <0.01 164,459,813.39
7 WIF title=WIF 2.54 142,937,087.40
8 DOGE title=DOGE 0.15 110,854,745.08
9 LINK title=LINK 16.54 82,653,513.34
10 FTM title=FTM 0.85 82,199,557.14
11 RNDR title=RNDR 10.07 73,582,861.66
12 BOME title=BOME 0.01 68,325,726.94
13 XRP title=XRP 0.51 57,454,460.78
14 RUNE title=RUNE 6.63 56,736,074.61
15 NEAR title=NEAR 7.86 56,177,695.44
16 CREAM title=CREAM 90.33 54,243,985.87
17 ENA title=ENA 0.71 50,081,547.17
18 ORDI title=ORDI 40.04 48,289,410.49
19 FLOKI title=FLOKI <0.01 45,426,504.32
20 BCH title=BCH 487.00 42,020,441.09
21 AVAX title=AVAX 35.82 40,462,138.22
22 RSR title=RSR <0.01 37,929,437.20
23 PEOPLE title=PEOPLE 0.04 36,325,220.26
24 PYTH title=PYTH 0.39 35,460,860.56
25 WLD title=WLD 4.71 33,795,517.47
26 ICP title=ICP 12.60 30,499,422.23
27 FIL title=FIL 5.56 29,907,264.46
28 AEVO title=AEVO 0.81 28,268,152.60
29 BLZ title=BLZ 0.28 27,324,246.72

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Cream title=CREAM 90.33
+52.20
2 Harvest Finance title=FARM 79.01 +17.23
3 BinaryX title=BNX 1.08 +8.02
4 Phala title=PHA 0.20 +6.18
5 Unifi Protocol DAO title=UNFI 4.22 +5.95
6 Ooki title=OOKI <0.01 +5.73
7 Viction title=VIC 0.45 +4.14
8 Marlin title=POND 0.02 +4.09
9 Bitcoin Cash title=BCH 487.00 +2.48
10 Arweave title=AR 47.80 +2.22
11 OAX title=OAX 0.23 +2.17
12 Akropolis title=AKRO <0.01 +1.93
13 Hive title=HIVE 0.32 +1.83
14 Chainlink title=LINK 16.54 +1.69
15 PAX Gold title=PAXG 2,406.00 +0.84
16 AS Roma Fan Token title=ASR 3.73 +0.78
17 aelf title=ELF 0.53 +0.31
18 Pax Dollar title=USDP 1.00 +0.04
19 Keep3rV1 title=KP3R 75.81 +0.01

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Bluzelle title=BLZ 0.28 -14.82
2 Ellipsis X title=EPX <0.01 -12.93
3 Tensor title=TNSR 0.80 -12.22
4 Pyth Network title=PYTH 0.39 -12.11
5 Manta Network title=MANTA 1.44 -8.58
6 Saga title=SAGA 2.07 -8.28
7 DIA title=DIA 0.46 -8.21
8 Starknet title=STRK 1.06 -8.17
9 Beta Finance title=BETA 0.06 -7.54
10 Celestia title=TIA 8.80 -7.47
11 Lisk title=LSK 1.78 -7.39
12 Bounce title=AUCTION 13.69 -7.31
13 Fusionist title=ACE 4.52 -7.30
14 Hooked Protocol title=HOOK 0.77 -7.17
15 Manchester City Fan Token title=CITY 3.14 -7.07
16 Omni Network title=OMNI 13.77 -7.02
17 Massive Protocol title=MAV 0.35 -6.81
18 Decred title=DCR 19.40 -6.73
19 ForTube title=FOR 0.02 -6.68
20 Pixels title=PIXEL 0.34 -6.54
21 Grok title=XAI 0.59 -6.53
22 Game title=GTC 1.14 -6.41
23 Polymesh title=POLYX 0.43 -6.41
24 Alchemix title=ALCX 23.54 -6.29
25 Mobox title=MBOX 0.33 -6.26
26 Memecoin title=MEME 0.02 -6.15
27 Rocket Pool title=RPL 18.32 -6.15
28 Cortex title=CTXC 0.32 -6.02
29 dYdX title=DYDX 1.93 -5.94
30 Ethena title=ENA 0.71 -5.93

Bitcoin's Greed and Fear Index.

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72
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Microsoft faces multibillion dollar fine in EU over Bing AI 2024-05-19
2 Bitcoins 669K price holds strong casts doubts on a deep correction 2024-05-19
3 Phantom Wallet climbs Apple app store charts Bullish sign for Solana 2024-05-19
4 XRPL on chain transactions jump 108 in Q1 2024 2024-05-19
5 Venezuela bans crypto mining to protect power grid 2024-05-19
6 Bitcoin clings to 67K but analysis warns of 10 BTC price drop next 2024-05-19
7 Tornado Cash verdict has chilling implications for crypto industry 2024-05-19
8 OpenAI leadership responds to former employee safety allegations 2024-05-19
9 Microsoft faces multi billion dollar fine in EU over Bing AI 2024-05-19
10 Bitcoin039s 669K price holds strong casts doubts on a 039deep correction039 2024-05-19
11 Crypto personality pleads guilty to fraud after promising 60 fictitious returns 2024-05-18
12 Aussie admits to promoting BitConnect crypto services without a license 2024-05-18
13 If SEC approves spot Ether ETFs many will be caught severely offside 2024-05-18
14 Genesis Global secures court approval for 3B payout 2024-05-18
15 US authorities bust 73M crypto scam make two arrests 2024-05-18
16 AI safety researchers leave OpenAI over prioritization concerns 2024-05-18
17 What is the Ethereum ETH burn address 2024-05-18
18 LayerZero identifies over 800K addresses in sybil self reporting phase 2024-05-18
19 Godfather of AI advises UK government to start UBI 2024-05-18
20 US Treasury strategy would tighten virtual asset regulations increase AI use 2024-05-18
21 Tornado Cash founder sent to prison DeFis EU struggles Finance Redefined 2024-05-18
22 Ethereum price rallies above 31K after unexpected regulatory victory 2024-05-18
23 Blockchain gaming investments reached nearly 1B in April 2024-05-18
24 Crypto Biz Galaxy CoinShares Q1 results ETFs on the blockchain and more 2024-05-18
25 Alex Labs freezes 39M of exploited funds sent to CEXs after hack 2024-05-18
26 Ghana Singapore conduct trade in semi fungible token pilot project 2024-05-18
27 Changpeng Zhao teases writing project ahead of reporting to prison 2024-05-18
28 Crypto personality pleads guilty to fraud after promising 60 039fictitious039 returns 2024-05-18
29 Biden may rethink SAB 121 vote veto due to political support for crypto 2024-05-18
30 Over 80 of recent Binance token listings are bleeding red 2024-05-17
31 Binance exec denied bail in Nigeria money laundering trial 2024-05-17
32 Sony warns 700 AI devs music streaming companies against content misuse 2024-05-17
33 How to trade crypto in the UK using Revolut X 2024-05-17
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37 Dolce amp Gabbana face class action lawsuit after NFT delivery kerfuffle 2024-05-17
38 Crypto firms rally behind FIT21 bill approaching US House floor vote 2024-05-17
39 Harvard built hacker proof quantum network in Boston using existing fiber cable 2024-05-17
40 French regulator warns investors Bybit provided services illegally 2024-05-17
41 Bitwise CIO says BTC ETFs are huge success and 13F filings make him incredibly bullish 2024-05-17
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47 Memecoin launcher pumpfun claims ex employee behind 19M exploit 2024-05-17
48 DTCC Chainlink complete fund data tokenization pilot with US banks 2024-05-17
49 Altcoins a relatively huge risk as days of big returns are gone say analysts 2024-05-17
50 Reentrancy attacks in smart contracts explained 2024-05-16

US news that has a significant impact on the market

at news day date time
1 Fed Chair Powell Speaks Sunday 19-05-2024 20:30
2 FOMC Member Bostic Speaks Monday 20-05-2024 12:30
3 FOMC Member Bostic Speaks Monday 20-05-2024 13:45
4 FOMC Member Waller Speaks Monday 20-05-2024 14:00
5 FOMC Member Barr Speaks Monday 20-05-2024 14:00
6 FOMC Member Jefferson Speaks Monday 20-05-2024 15:30
7 FOMC Member Mester Speaks Monday 20-05-2024 19:00
8 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
9 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
10 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
11 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
12 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
13 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
14 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
15 Existing Home Sales Wednesday 22-05-2024 15:00
16 Crude Oil Inventories Wednesday 22-05-2024 15:30
17 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
18 Unemployment Claims Thursday 23-05-2024 13:30
19 Flash Manufacturing PMI Thursday 23-05-2024 14:45
20 Flash Services PMI Thursday 23-05-2024 14:45
21 New Home Sales Thursday 23-05-2024 15:00
22 Natural Gas Storage Thursday 23-05-2024 15:30
23 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
24 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
25 Durable Goods Orders m/m Friday 24-05-2024 13:30
26 FOMC Member Waller Speaks Friday 24-05-2024 14:35
27 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
28 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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