Remember Arbitrum? This Analyst Just Predicted That A 7,400% Rally Is Coming

Crypto analyst Crypto Patel has predicted that the Ethereum layer-2 Arbitrum could record a 7,400%, providing a bullish outlook for the altcoin. He also revealed key levels for investors to keep an eye out for as the position for this potential rally.  Arbitrum Eyes 7,400% Run With Price Down 96% From ATH In an descending… Continue reading Remember Arbitrum? This Analyst Just Predicted That A 7,400% Rally Is Coming

Arbitrum (ARB) Primed For 46% Rally If This Happens, Analyst Reveals

An analyst has explained how Arbitrum could see an upswing of around 46% if its price breaks out of this technical analysis pattern. Arbitrum Has Been Trading Inside A Descending Triangle Recently In a new Descending Triangle” refers to a formation from technical analysis (TA) that, as its name suggests, looks like a triangle slopped… Continue reading Arbitrum (ARB) Primed For 46% Rally If This Happens, Analyst Reveals

Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset’s “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October 2024 Monthly Market Insights report, Binance Research highlighted that the ETH issuance rate continued its ascent in September, moving… Continue reading Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

Synthetix’s Request To Spend 900,000 ARB Rejected: Will Arbitrum Price Recover?

Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant. Arbitrum Holders Vote Against Synthetix Proposal The goal was to support the launch of Multi-Collateral Perps. The… Continue reading Synthetix’s Request To Spend 900,000 ARB Rejected: Will Arbitrum Price Recover?

ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum

Financial asset manager giant Franklin Templeton is the latest merging legacy financial mechanisms with blockchain technology. This leading global asset management firm expanded its digital asset integrations by launching its OnChain US Government Money Fund (FOBXX) on the Arbitrum network. Following this debut, Arbitrum network native token ARB has seen a significant surge in market… Continue reading ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum

Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?

Users of Arbitrum orbit chains, layer-3 solutions for Ethereum built on top of the platform’s technology stacks, can now pay gas fees using USDC. The move comes even as ARB, the native token of the Ethereum layer-2, continues to post lower lows, pushing losses to nearly 80% since January 2024 highs. Arbitrum Orbit Chains Support… Continue reading Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?

ARB Market Plummets 14%, But New Developments Could Reverse The Trend

Arbitrum resumes its drive downward along with the broader market downturn investors are experiencing today. According to the latest market data, ARB is down nearly 14% since last week, putting more pressure on the bulls to slow the bearish tide.  However, there are several developments on the platform that might affect investor perception in the… Continue reading ARB Market Plummets 14%, But New Developments Could Reverse The Trend

Arbitrum Attracts Over 48% Of Assets From Ethereum: Why Is ARB Down 68% In 7 Months?

ARB, the native token of Arbitrum, the Ethereum layer-2 solution, is down 68% from January 2024 highs. However, there is good news: While ARB holders “suffer” in the face of unrelenting bears, positive on-chain developments reveal a platform that is not only the largest by total value locked (TVL) but also brimming with potential. Over… Continue reading Arbitrum Attracts Over 48% Of Assets From Ethereum: Why Is ARB Down 68% In 7 Months?

Dogwifhat (WIF) Sees 60% Weekly Surge But Analyst Warns Of Potential Retrace

This week, the dog-themed sensation Dogwifhat (WIF) has recovered from its drop below the $2 support zone. The Solana-based memecoin flipped Ethereum’s Layer-2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, a crypto analyst has warned investors of a possible retrace for WIF. WIF Puts Its Hat Back On Dogwifhat became… Continue reading Dogwifhat (WIF) Sees 60% Weekly Surge But Analyst Warns Of Potential Retrace

Arbitrum DAO Agrees To Distribute $216 Million In Funding – Here’s What You Should Know

The Arbitrum Foundation, a Decentralized Autonomous Organization (DAO) tasked with developing and nurturing the Arbitrum ecosystem, has approved the start-up of a support fund aimed at developing projects in its gaming ecosystem. The organization has revealed plans to distribute a whopping $216 million to improve its gaming ecosystem. Arbitrum To Allocate $216 Million For Gaming… Continue reading Arbitrum DAO Agrees To Distribute $216 Million In Funding – Here’s What You Should Know