{"id":5137,"date":"2023-03-23T11:47:38","date_gmt":"2023-03-23T11:47:38","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/23\/magic-edens-bitcoin-nft-marketplace-is-live\/"},"modified":"2023-03-23T11:47:38","modified_gmt":"2023-03-23T11:47:38","slug":"magic-edens-bitcoin-nft-marketplace-is-live","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/23\/magic-edens-bitcoin-nft-marketplace-is-live\/","title":{"rendered":"Magic Eden&#8217;s Bitcoin NFT Marketplace is Live!"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Magic Eden, a well-known NFT marketplace, is broadening its horizons by launching a thoroughly audited Bitcoin NFT marketplace, catering to the growing demand for Bitcoin-based Ordinal NFTs. As part of this initiative, the platform will incorporate support for Bitcoin wallets Hiro and Xverse, allowing traders to list, buy, and sell Ordinal NFTs with ease.<\/p>\n<figure id=\"attachment_89237\" aria-describedby=\"caption-attachment-89237\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-89237 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-300x150.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-768x384.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-112x56.jpg.webp 112w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-150x75.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-450x225.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20600'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-89237 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-300x150.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-768x384.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-112x56.jpg.webp 112w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-150x75.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-450x225.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden.jpg\" alt=\"Magic Eden\" width=\"1200\" height=\"600\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-300x150.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-1024x512.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-768x384.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-112x56.jpg 112w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-150x75.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden-450x225.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-89237\" class=\"wp-caption-text\">Magic Eden incorporates Bitcoin NFTs<\/figcaption><\/figure>\n<h2><span id=\"Bitcoins_Immutability_is_a_Key_Factor\"><strong>Bitcoin\u2019s Immutability is a Key Factor<\/strong><\/span><\/h2>\n<p>Traditionally, Magic Eden has dominated the Solana-based NFT marketplace scene. Nevertheless, the platform has ventured into various blockchain ecosystems, incorporating <a href=\"https:\/\/nftevening.com\/magic-eden-announces-expansion-to-the-ethereum-blockchain\/\" target=\"_blank\" rel=\"noopener\">Ethereum support<\/a> in August and extending to Polygon in November.<\/p>\n<p>In a press release, Jack Lu, Magic Eden\u2019s CEO and co-founder, emphasizes the advantages of Bitcoin-based NFTs. He highlighted how no one can change or remove media that users upload onto the Bitcoin blockchain. According to him, creators embrace this feature when they are looking to build true collectibles that are inscribed on the blockchain itself.<\/p>\n<h2><span id=\"Magic_Eden_Partnering_with_Bitcoin-based_Collections\"><strong>Magic Eden Partnering with Bitcoin-based Collections<\/strong><\/span><\/h2>\n<p>Magic Eden is collaborating with well-known Ordinal collections such as <a href=\"https:\/\/nftevening.com\/taproot-wizards-huge-win-enrages-bitcoin-maximalists\/\" target=\"_blank\" rel=\"noopener\">Taproot Wizards<\/a>, Inscribed Pepes, and Bitcoin Bandits. These partnerships aim to introduce users to the world of Bitcoin-based NFTs. Additionally, the marketplace will provide essential information about NFTs, including details on Ordinal rarity and inscription numbers.<\/p>\n<h2><span id=\"Bitcoin_NFTs_are_Gaining_Momentum\"><strong>Bitcoin NFTs are Gaining Momentum<\/strong><\/span><\/h2>\n<p>During the previous week, the Ordinals protocol witnessed a noteworthy achievement as the number of inscriptions on Bitcoin <a href=\"https:\/\/nftevening.com\/bitcoin-inscriptions-reach-half-a-million-miners-rake-in-millions\/\" target=\"_blank\" rel=\"noopener\">exceeded 500,000<\/a>. The majority of these inscriptions are based on text, making up more than 40% of the overall count.<\/p>\n<p>The popularity of the Ordinals inscription method continues to rise. Furthermore, a <a href=\"https:\/\/www.galaxy.com\/research\/whitepapers\/bitcoin-ordinals-inscriptions-5-billion-nft-market\/\" target=\"_blank\" rel=\"noopener\">recent study<\/a> by Galaxy Digital projects that by 2025, Bitcoin-based non-fungible token assets employing Ordinal inscription technology could constitute a market worth approximately $4.5 billion. Magic Eden\u2019s move to support Ordinal NFTs is indicative of a larger industry movement.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/magic-edens-bitcoin-nft-marketplace-is-live\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Magic Eden, a well-known NFT marketplace, is broadening its horizons by launching a thoroughly audited Bitcoin NFT marketplace, catering to the growing demand for Bitcoin-based Ordinal NFTs. As part of this initiative, the platform will incorporate support for Bitcoin wallets Hiro and Xverse, allowing traders to list, buy, and sell Ordinal NFTs with ease. Magic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Magic-Eden.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/5137"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=5137"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/5137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/5138"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=5137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=5137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=5137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}