EMURGO partners with BitcoinOS to launch bridge connecting Cardano and Bitcoin blockchains, enhancing capabilities.

From Investing.com

October 24, 2024 4:30:18 pm:

EMURGO partners with BitcoinOS to launch a bridge connecting Cardano and Bitcoin blockchains. The move aims to enhance Bitcoin’s smart contract capabilities through Cardano’s resources. The Grail Bridge enables liquidity flow between the two chains, offering users enhanced security and privacy features.

Cardano’s price currently stands at $0.3427, experiencing a 3.21% drop in the last 24 hours. However, the protocol’s advancements towards mass adoption, such as the BTC-ADA staking model hinted by Babylon protocol, could drive increased demand for ADA. This integration with BitcoinOS may positively impact Cardano’s valuation in the long run.

Read more at Investing.com: New Bitcoin-Cardano Bridge Just Launched By U.Today