The Bit | ARB is introduced to the platform, a strong week for Bitcoin and more...

Keep Up-to-Date on the Latest News and Offers from Bittrex Global. This week in The Bit, we discuss our most traded asset of the week, showcase a new episode of The Bit podcast, and look into the launch of the "Ethscriptions" protocol.   NEW FEATURED LISTING UNLOCKING DEFI'S POTENTIAL: INTRODUCING ARBITRUM (ARB) ON BITTREX GLOBAL Bittrex Global is thrilled to introduce Arbitrum (ARB) to our platform. A leading layer 2 solution built on Ethereum, Arbitrum aims to revolutionise scalability, speed, and cost-efficiency in the DeFi space. With lightning-fast transaction confirmations, significantly reduced fees, and an enhanced DeFi ecosystem, Arbitrum unlocks the full potential of decentralised applications, empowering users to engage in complex financial activities with ease. [Start trading ARB on Bittrex Global]( and experience the game-changing benefits of this revolutionary scaling solution.       LATEST NEWS FROM BITTREX GLOBAL BITTREX GLOBAL CEO OLIVER LINCH JOINED CNBC'S CRYPTO WORLD to address the SEC charges against the company and shared his thoughts on the crypto industry’s evolving regulatory environment. Discover his perspective on the need for clarity and the potential for US-based crypto firms to expand offshore. Watch the full video [here](. ON THE LATEST EPISODE OF THE BIT PODCAST, Michael Mouradian sits down with Michiel Bellen, Core Integrations Team Lead at the Cardano Foundation, to break down some of the latest developments on the Cardano network. They discuss key technical upgrades that expanded utility on the blockchain, Web3’s role in driving ESG/climate initiatives, supporting humanitarian and relief causes, and accelerating RWA tokenisation. Tune in for a comprehensive overview of what you need to know about Cardano in 2023. Download this episode on [Apple Podcasts]( and [Spotify]( and don’t forget to subscribe.       SPOTLIGHT ON BITCOIN ALL EYES ARE ON BITCOIN With markets rallying this week, Bitcoin (BTC) was the week's most traded asset on Bittrex Global. Don’t miss out on the action. [Trade BTC now on Bittrex Global.](       DID YOU KNOW? With Bitcoin back in the news this week, we are taking a look at the mystery, and legacy, of Satoshi Nakamoto: the enigmatic creator of Bitcoin. Despite numerous investigations and speculations, no confirmation has ever been made. The true identity of Satoshi remains a mystery to this day. The Name: Satoshi Nakamoto is the pseudonym used by the unknown person or group of people who created Bitcoin and authored the original white paper. In October 2008, Satoshi published the Bitcoin white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." This groundbreaking document detailed the principles and mechanisms behind Bitcoin, laying the foundation for the first decentralised digital currency. The Legacy: Satoshi's last known communication was in 2011, after which they seemingly disappeared. The legacy left by Satoshi has inspired countless developers, entrepreneurs, and investors to continue building on the foundations of Bitcoin and blockchain technology. The search for Satoshi's identity continues, but their impact on finance and technology is undeniable.         INDUSTRY NEWS BITCOIN'S MARKET DOMINANCE TOPS 50% AMID SEC'S ALTCOIN CRACKDOWN Bitcoin's market dominance surpassed 50%, reclaiming its position as the most dominant cryptocurrency in the market. This comes as the SEC intensifies regulatory actions against altcoins, boosting Bitcoin's appeal as a trusted and established digital asset. The surge in dominance reflects Bitcoin's resilience compared to other assets, including Ethereum. Some experts predict that Bitcoin's dominance could reach above 80% as regulators tighten their grip on the crypto market. Additionally, the recent filing by BlackRock for a Bitcoin Spot ETF has generated optimism among investors, contributing to a 6% increase in Bitcoin's price over the last week. [Decrypt]( MEET ETHSCRIPTIONS: ETHEREUM'S ANSWER TO BITCOIN ORDINALS Ethereum users now have a new way to mint NFTs and other digital assets on the platform with the launch of the "Ethscriptions" protocol. Launched on June 17, the protocol allows for the creation of Ethereum-based assets called "Ethscriptions." Within the first 18 hours of its launch, nearly 30,000 Ethscriptions were created, marking a promising start for the protocol. Ethscriptions leverage Ethereum's “calldata,” the data within a smart contract, enabling a cheaper and more decentralised minting process compared to traditional smart contract-based methods. While currently limited to image-only inscriptions, the protocol plans to support various file types in the future. It remains to be seen whether Ethscriptions will achieve the same level of popularity as Bitcoin Ordinals, but the protocol brings an exciting new dimension to the Ethereum ecosystem. [Cointelegraph]( UK PARLIAMENT APPROVES BILL RECOGNISING CRYPTO AND STABLECOINS The UK Parliament passed the Financial Services and Markets Bill (FSMB), signalling the country's recognition of crypto as a regulated activity and stablecoins as a means of payment under existing laws. This wide-ranging bill aims to grant regulators the necessary powers to establish crypto rules. The amendments to the bill reflect the UK's efforts to catch up with the European Union's regulations on stablecoins. The approval of the FSMB paves the way for specific rules for the crypto sector to be implemented within the next 12 months, aligning the UK with evolving global regulatory standards in the digital asset space. [CoinDesk](               TRENDING   Michael Mouradian Head of Digital Assets & Markets [Twitter]( [LinkedIn](         [YOUR ACCOUNT]( [CONTACT SUPPORT](   STAY CONNECTED [Twitter]( [LinkedIn]( [Facebook]( [Instagram]( [Telegram](   BITTREX GLOBAL HAS BEEN TRUSTED BY OVER 500 TOKEN PROJECTS TO REACH MILLIONS OF TRADERS. [LEARN WHY](   Risk warning: Bittrex Global operates cryptocurrency exchanges in Liechtenstein and Bermuda (together 'Bittrex Global'). Bittrex Global GmbH is registered with the Financial Market Authority under Law of 3 October 2019 on Tokens and TT Service Providers (TVTG) in Liechtenstein to operate as a TT Exchange Service Provider, TT Token Depositary and Token Issuer on behalf and for the account of third parties. Bittrex Global (Bermuda) Limited is regulated by the Bermuda Monetary Authority and licensed as a Class F Digital Asset Business under the Bermuda Digital Asset Business Act 2018 to operate as a digital asset exchange, provide custodial wallet services and operate as a digital asset derivative exchange provider. Trading Tokens, and use of other Services provided by Bittrex Global involves significant risks and potential for financial losses. The market for and trading in Tokens is speculative and is highly volatile. Trading and use of other services may result in loss of Tokens, decrease in or loss of all value for Tokens, inability to access or transfer Tokens, inability to trade Tokens, inability to receive financial benefits available to other Token holders, and other financial losses to you, even total loss of your investment. 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