BREAKING
369d 6h ago

Arbitrum One Integrates with BitcoinOS: Achieving Instant BTC Cross-Chain Transfers

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG has reported on February 6th that Arbitrum has made significant strides in its Layer 2 ecosystem by integrating Arbitrum One with BitcoinOS (BOS). This integration represents a pivotal shift towards a hybrid model combining Ethereum and Bitcoin, enhancing the efficiency of its Rollup technology. Utilizing BitSNARK and BOS Grail bridging, this partnership establishes a trustless BTC bridge that ensures Bitcoin finality, bolstering transaction reliability.

Moreover, this advancement allows users to eliminate the standard 7-day withdrawal delay associated with traditional Rollup transactions. Users can now conduct instant BTC asset cross-chain transfers, streamlining their trading strategies and liquidity management. As this technology evolves, it is positioned to significantly impact cross-chain interactions within the blockchain industry.

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