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The Arbitrum price has displayed a volatile week as it has added over 3% within the past 24 hours but lost approximately 1% over the past week, making it a neutral one for this crypto token.
The cryptocurrency market remains in a consolidation range, struggling to decide which direction to follow. In this context, some cryptocurrencies maintain an increased open interest in short positions, creating short-squeeze opportunities for next week.
In a significant move that enriches the landscape of the digital art and collectibles market, Zora, a prominent NFT (Non-Fungible Token) marketplace, has officially extended its platform to the Arbitrum network. This expansion is marked by the launch of a special commemorative NFT named ‘Arb Zorb,' symbolizing the collaboration between the two dynamic ecosystems.
Most crypto analysts describe the rise of the altcoin market against Bitcoin (BTC) in the coming months as unavoidable. More investors have been betting on the rise of Ethereum (ETH) since the Solana (SOL) and Injective (INJ) uproar.
Respected crypto expert Crypto Jebb Information has spilled the beans on his carefully selected list of top-performing assets to rock the upcoming bullish market. Taking the spotlight is Solana, marking a potential game-changer.
Solana market analysis depicts how rising defi volumes and the upcoming Jupiter airdrop could propel SOL price toward $120.
With the increased volatility in the market, Arbitrum has started its month on a bearish note. Further, it has lost approximately 7% within the past day, resulting in it leveling out all its gains from the week. The Arbitrum token traded in a closed range between $1.4195 and $1.
The leading layer-2 solution in the Ethereum ecosystem, Arbitrum, has recently seen a significant rally, but this has been interrupted, indicating a potential reversal in its price trajectory.
A widely followed crypto strategist is predicting bullish continuations for a handful of altcoins including Solana (SOL), Chainlink (LINK) and Polygon (MATIC). Analyst Michaël van de Poppe tells his 692,000 followers on the social media platform X that the native asset of the smart contract platform Solana looks primed for a move to the upside.
Polygon introduced major developments to its ecosystem in June 2023, including a new token and a possible change to its proof of stake blockchain, which might become a data availability layer.
The crypto markets appear to have approached a crucial phase of times wherein a small wrong step may ease out the accumulated bullish pressure. After facing a minor pullback, the cryptos have triggered a tiny rebound that indicates the tokens could be following a recovery phase in easy instalments.
In a concerning development for the cryptocurrency community, Citadel.one, a prominent portfolio management tool, has become the latest victim of cyberattacks in the blockchain space. The incident, which unfolded on the Arbitrum network, was detected by the vigilant systems of BlockSec, a leading cybersecurity firm.
Parallelizing the Ethereum Virtual Machine (EVM) has been a topic of interest for many in the cryptocurrency space in recent weeks.
Ethereum ETFs are poised to be the next big catalyst within the cryptocurrency market in early 2024 heading into late spring.
While Optimism (OP) and Arbitrum (ARB) dominate the layer2 industry, they have noted substantial dips in total value locked lately. L2Beats data shows the altcoin saw TVL reductions within the last 24 hours. Arbitrum's total value locked has plummeted by 10.40% to $9.93 billion, whereas Optimism's 14.45% drop placed the same metric at $4.94 billion.
Although a recovery may be imminent, there is still a considerable distance to cover. Arbitrum's ARB Faces Reversal Setback: Market Analysis The anticipated reversal for Arbitrum's native token ARB encountered an unexpected denial, marked by a sharp decline in its price.
The anticipated reversal for Arbitrum's native token ARB faced an abrupt denial, as the token's price suffered a sharp decline. A confluence of market factors contributed to this scenario, including substantial selling pressure attributed to Grayscale's Bitcoin holdings liquidation.
Gibraltar testnet, Espresso System's fourth testnet launch, is now publicly available for Arbitrum developers.
Chainlink & Arbitrum integrate to enable developers to connect dApps to any API with trust-minimized computations.
The general cryptocurrency market is experiencing bearish sentiments, led by Bitcoin (BTC), which is struggling to maintain its price above the $40,000 mark. Although the markets appear grim, proponents maintain that there is upside potential, banking on factors such as the Bitcoin halving.
ARB experiences bullish momentum amidst a 0.4% increase in the global crypto market cap, reaching $1.63 trillion in the last 24 hours. Despite this, the global daily trading volume has decreased by 32%, stabilizing at approximately $57 billion at the current reporting time.
Arbitrum (ARB) has gained momentum with a strong buy signal surfacing after recording a 13.6% decline over the past week. ARB is up by 1.5% in the past 24 hours and is trading at $1.
Official announcement from Chainlink for the DEX originally born on BSC
RARI Foundation has taken a momentous step into the world of NFTs with the launch of the RARI Chain mainnet on the Arbitrum network.
