#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

Only two leading projects, #GMX and #MAGIC, received values north of $10 million. 

The #Arbitrum (#ARB) airdrop was announced on March 16, which caused a significant uptrend in native token prices of Arbitrum ecosystem projects like #GMX), #Magic , Gains Network (#GNS) and Radiant Network (#RDNT).

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

#NFT #marketplaces, Gamma and #Magic #Eden, added support for #Bitcoin #NFTs this week. While the initial response of traders has been subdued, the activity is expected to pick up soon.

Since March 19, there has been considerable improvement in the space, with two leading #marketplaces, #Gamma and #Magic #Eden, beginning to support Ordinals trading on March 20 and March 22. So far, 

Whereas #Magic #Eden has done close to 18.94 #BTC (worth around $530,000) volume since launch, with the #Bitcoin #DeGods collection dominating volumes by 67%.

Additionally, #Hendrickson noted that #Magic #Eden enjoys an advantage in "the cross-protocol department given that they've previously rolled out support for #Solana, #Ethereum and #Polygon. 

Additionally, #Hendrickson noted that #Magic #Eden enjoys an advantage in "the cross-protocol department given that they've previously rolled out support for #Solana, #Ethereum and #Polygon. 

Whereas #Magic #Eden has done close to 18.94 #BTC (worth around $530,000) volume since launch, with the #Bitcoin #DeGods collection dominating volumes by 67%.

Since March 19, there has been considerable improvement in the space, with two leading #marketplaces, #Gamma and #Magic #Eden, beginning to support Ordinals trading on March 20 and March 22. So far, 

#NFT #marketplaces, Gamma and #Magic #Eden, added support for #Bitcoin #NFTs this week. While the initial response of traders has been subdued, the activity is expected to pick up soon.

The six marketplaces included in the report are #Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks #and LooksRare. X2Y2, Blur and LooksRare played #NFT wash trading volume, January 2022–February 2023. Source: CoinGecko, #Footprint Analytics

The six marketplaces included in the report are #Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks #and LooksRare. X2Y2, Blur and LooksRare played #billion in February. #Wash trading refers to the manipulation of trading volume or price through repeated transactions.

#marketplaces included in the report are #Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks #and LooksRare. X2Y2, Blur and LooksRare played 

The six marketplaces included in the report are #Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks #and LooksRare. X2Y2, Blur and LooksRare played 

The six marketplaces included in the report are #Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks #and LooksRare. X2Y2, Blur and LooksRare played 

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support
 
 

#Magic Eden Launches Bitcoin #Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

Meanwhile, #Magic Eden says there will be no #royalty support for the marketplace,

This isn’t #crypto #magic or free money: The loan #must be repaid 

This isn’t #crypto #magic or free money: The loan #must be repaid #

This is the #magic thing to have IP with #blockchain is that we can monetize the data packets on the lowest level of the Internet…

“This is the #magic thing to have IP with #blockchain is that we can #monetize the data packets on the lowest level of the Internet

#Magic Eden lays off 22, about 15% of staff in latests workforce cuts Magic #Eden laid off 22 people as #companies across the industry cut staff amid tough times.