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Whales and retail traders are driving ARB higher, defying broader bearish expectations.

The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.

Arbitrum, a leading Layer 2 solution built on Ethereum, is taking significant strides to reshape the blockchain gaming landscape. With the approval of a $190 million investment through the Gaming Catalyst Program (GCP), Arbitrum is set to support the next generation of blockchain-based games.

Arbitrum (ARB) has been facing persistent bearish momentum, trading at $0.72166, marking a 5.54% drop over the past 24 hours. The recent break below a crucial demand zone has heightened concerns among traders, suggesting that ARB may continue its downward trajectory unless market conditions improve swiftly.

Arbitrum (ARB) displays significant bearishness amid prolonged declines. Faded profitability, dwindled market sentiments, and weak engagements position ARB for more dips. According to IntoTheBlock data, around 1.06 million ARB addresses, representing 80.96% of holders, are “out of the Money.” Meanwhile, 14.24% enjoy returns, while 4.8% (62.6K addresses) remain break-even.

ARB's bearish momentum persists, with technical and on-chain data signaling further challenges ahead.

Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.

ARB, the native token of the Arbitrum network, has faced some turbulence recently. After a significant drop of 14.28% over the past month, many investors are wondering if the token will continue to struggle or if it's primed for a recovery.

ARB may have strong potential to recover its losses, all its losses.

The bear market was in full swing at the start of the year, and Arbitrum's ARB suffered like many altcoins price-wise as the risk appetite dried up and some investors were shaken out. Despite that, 2024 still ended up as a win for the ARB ecosystem.

Arbitrum (ARB) has captured the attention of traders and investors alike. Over the past week, significant whale activity and increased address engagement have pointed to a growing interest in ARB.

Whale activity and technical levels keep traders on edge, signaling critical moments for ARB's trajectory.

In the fight for dominance in the Ethereum Layer 2 (L2) ecosystem, Coinbase Exchange-backed Base Network has outshined Arbitrum Network and Optimism. Having ranked as the biggest Ethereum L2s for a long time, Base's growth underscores the shifting momentum in the broader crypto ecosystem.

Bitcoin (BTC) surged past $107,000, reaching a new all-time high of $107,780 after President-elect Donald Trump reiterated his plans to create a US Bitcoin strategic reserve similar to the country's strategic oil reserves. BTC is up 2.42% over the past 24 hours and 10% over the past week as its post-election rally continues.

The token unlocks set to hit the cryptocurrency market between December 16 and December 23 are valued at approximately $843 million. The releases are divided into two different categories: cliff unlocks, led by Arbitrum's ARB token release, and linear unlocks, headlined by Worldcoin's WLD token.

ARB's recent performance has failed to inspire confidence among investors.

Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.

Ubisoft have chosen Dec. 18 as the launch date for the web3 shooter game Captain Laserhawk

Arbitrum (ARB), one of Ethereum's leading Layer 2 scaling solutions, has reached a new milestone, recording an all-time high of $5 billion in total value locked (TVL). This achievement underscores a growing confidence in Arbitrum's long-term potential as a solution for Ethereum's scalability issues.

The French gaming company developed the title in partnership with the Arbitrum Foundation.

Arbitrum Foundation and Ubisoft have announced that the web3 shooter game Captain Laserhawk: The G.A.M.E. will launch on Dec. 18.

Arbitrum (ARB) is gaining attention in the crypto market due to its strong rally potential, with analysts predicting a possible 125% to 200% price increase. This comes amidst key bullish catalysts, including Ethereum's (ETH) potential growth and Arbitrum's growing institutional interest.

The crypto markets endured a difficult start to the week as Bitcoin (BTC) briefly retreated to $94,000. The markets witnessed an absolute bloodbath, with $1.5 billion in crypto derivatives positions liquidated thanks to BTC's drop.

With a record $5 billion TVL, ARB's breakout above resistance could drive significant upward movement.