BREAKING
366d 0h ago

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

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

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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