ARB

Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark. The crypto markets have not seen much movement over the past 24 hours, with cryptocurrencies such as Ethereum (ETH) registering a marginal increase to remain above $2,400, while Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), and others reported similar marginal increases.  The overall crypto market cap also reported a marginal decline, falling by 0.17% to $2.17 trillion.…

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 feature would have permitted traders to trade using margin with ETH, BTC, and USDx acting as collateral when initiating perpetual futures on Arbitrum via Synthetix…

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 price, adding to the overall bullish crypto prices today. Government Money Fund On Arbitrum As reported in a press release, Franklin Templeton’s latest collaboration with…

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 USDC For Paying Gas Fees In a press release, the decision to integrate bridged USDC aims to reduce gas fees and attract more developers. As…

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 long term. These new deployments might make or break the early half of the month for investors and traders alike.  Multiple Projects Now Support Arbitrum…

Grand Cayman, Cayman Islands, July 26th, 2024, Chainwire Kwenta, the leading onchain perpetuals exchange on the Optimism network, has partnered with Perennial to launch a new joint product and incentive program on the Arbitrum network. This initiative, backed by a substantial 1.9 million ARB grant, aims to attract new users and liquidity providers to Arbitrum and spark renewed interest in onchain perpetuals trading. Kwenta and Perennial’s Expansion Strategy Kwenta, known for being a UX layer for perps trading on Optimism…

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 48% Of Ethereum Bridged Assets End Up In Arbitrum Taking to X, one analyst notes a surge in user activity on Arbitrum and that the…

While some cryptocurrency investors are content with 2-10x returns, the vast majority of investors enter the market to make life-changing, explosive 50-1000x gains. As the upcoming bull cycle increasingly picks up steam, new investors will be on the lookout for the next gem to net them thousands upon millions in pure profit. Rollblock is poised to become the next 1000x cryptocurrency in the space. As The top play-to-earn GameFi cryptocurrency, Rollblock is expected to be a prominent investment opportunity in…

In the crypto ecosystem, investors are constantly looking for promising projects with the potential for substantial portfolio returns. Among these contenders catching the attention of Solana (SOL) and Arbitrum (ARB) holders is Rollblock (RBLK), a top cryptocurrency in the presale market offering a unique revenue share model that promises lucrative opportunities, including a 3000% ROI post launch. Solana Token: Rebounding from Weekly Dip, Can It Maintain Momentum? Solana (SOL) is an expanding blockchain network that utilizes $SOL as its native…