Magic Eden Shuts Down Bitcoin Marketplace: What the Ordinals/Runes Exit Signals About Bitcoin's NFT Future
Magic Eden announced it will close its Bitcoin Runes and Ordinals marketplace on March 9, 2026, along with its EVM marketplace, to focus on Solana and iGaming. Once a major player in Bitcoin-native tokens and NFTs, the exit signals cooling interest in Ordinals/Runes protocols that sparked a speculative wave in 2023-2024. What does this mean for Bitcoin as an asset issuance platform?
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