Episode Details

31st May: Crypto & Coffee at 8
🚨 Binance Australia: 1BTC = $9K, 💥Bitcoin Ordinals to bridge Ethereum NFTs ⚡Ripple XRP has a new record Dormant⚡ Ethereum Since 2015 on the move 🚨

🚨Bitcoin for $9,000 only?
⚡Finance Magnates has reported that Binance Australia sells Bitcoin way cheaper than competing exchanges in the region. The discount results from investors fleeing before June’s withdrawal suspension. Article here https://lnkd.in/dAfppxsB

🚨 Check out Blockchain DXBs Crypto & Coffee at 8 podcasts where we cover this and give out opinions on this. We also look at the 24hr volume of #defi, #stablecoins #btc & more

💥 Bitcoin Ordinals achieve a new milestone with over 10M Inscriptions & Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain with the launch of the BRC-721E standard. Cointelegraph has a detailed breakdown of this here https://lnkd.in/dXewMJre

🚨 WTF is the BRC-721E standard?
⚡ More info can be found here https://lnkd.in/dCibf9Ex We try to explain this in our podcast in easy to understand way. Essentially BRC-721E standard, lets people move their digital art from Ethereum to Bitcoin. This is done by “burning” the art on Ethereum, which means it can’t be used or changed anymore on Ethereum. After burning it, you can claim it on Bitcoin and it will be stored there with a lower-quality preview image and a reference
to the Ethereum burn. So basically, it’s a way to move and store your digital art on Bitcoin instead of Ethereum.

🚨 In summary, Bitcoin Ordinals offers a way to move Ethereum NFTs to the Bitcoin blockchain using the BRC-721E standard, allowing for decentralized storage of digital art with full metadata on the Bitcoin network.

💥 Ripple XRP to the moon + new record 
- XRP has been the highest gainer in the last 24 hours & Ripple fans push up XRP price as a conclusion in the case against SEC draws closer XRP network has had its second and third-largest address activity spikes in history over the past several days. On May 27, around 490,000 addresses were interacting on the network in
what was the second-largest address activity day in the chain’s history. More information here https://lnkd.in/dkXANT4E

⚡ Data from Lookonchain highlighted that a wallet dormant since 2015 has transferred 8,000 ETH to a different wallet. The wallet first did a transaction of 1 ETH and then moved the remaining 7,999 after a few minutes. The power of Open Blockchain! More info via DailyCoin on this here https://lnkd.in/db