Quant (QNT) has recently gained attention for its price movement and rising market interest. Despite some volatility, the altcoin has surged by 8.15% in the past week, showing resilience even in a challenging market.
Quant surges 8%, with whales accumulating $1.29M—A market flush-out could benefit QNT in the long run.
TL;DR Arbitrum DAO will invest 35 million ARB in RWAs to diversify its treasury and reduce volatility. The February 17 vote approved the proposal with 93% support, and the provider selection process will be open from February 20 to March 20. ARB is the third-largest network in on-chain RWAs, within a market valued at $17.
Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.
The Arbitrum has approved the allocation of 35 million ARB for purchasing tokenized real-world assets (RWAs) for the network's treasury. The decision is part of the decentralized autonomous organization's (DAO's) program to diversify its treasury holdings.
Grayscale Investments has introduced the Grayscale Pyth Trust, allowing investors to gain exposure to the PYTH governance token while avoiding the technical challenges of direct cryptocurrency ownership.
Arbitrum DAO is doubling down on real-world asset investments with the approval of a proposal to allocate more funds to the sector. On Feb.
Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.
The price of Quant (QNT) is currently at a crucial crossroads, testing a significant resistance level at $96.80. This price point has repeatedly served as a barrier, causing several price surges to falter.
QNT is at a critical resistance level, with rising momentum and key breakout signals emerging.
Quant (QNT) stands out in the cryptocurrency market, primarily due to its unique capability to provide interoperability across different blockchain networks. With the increasing demand for decentralized applications and blockchain solutions, Quant's technology, particularly its Overledger protocol, is becoming a key player in bridging the gap between various blockchain ecosystems.
Quant, the popular cryptocurrency project in the real-world asset tokenization industry, continued its recovery on Thursday. Quant (QNT) token rose to an intraday high of $97.40, its highest level since February 2nd and 30% above its lowest swing this month.
Arbitrum (ARB) has been under immense selling pressure, with its price tumbling 31.67% in the past month. In the last 24 hours alone, the token has shed another 4.44%, signalling a worsening market outlook. The sharp decline has placed ARB in a precarious position, with analysts warning that it could soon hit a lifetime low.
The Offchain Labs-founded Arbitrum, on 12 Feb, announced the launch of Bounded Liquidity Delay (BoLD) protocol for its Arbitrum ecosystem, the de-centralised Ethereum Layer-2 solution. The operational launch on the Arbitrum One and Nova Chains comes as a major upgrade to the Arbitrum's Layer 2 infrastructure which is Offchain's main Ethereum L2 network for DeFi,
Arbitrum (ARB) has been under significant selling pressure, and the market shows signs that it could be on the verge of hitting a lifetime low. Over the past month, ARB has dropped by 31.67%, with a further 4.44% decline in the past 24 hours alone.
ARB might continue to perform poorly in the market.
The new infrastructure will allow USDT deployments on Arbitrum, Ethereum, Tron, Ton, Ink, and Berachain to link without wrapping tokens.
This system replaces the previously allow-listed validators on Arbitrum with a permissionless mechanism, opening up security participation.
As $USDT struggles to comply with the EU's Markets in Crypto Asset (MiCA) regulations, Arbitrum helps Tether by providing it with infrastructure to link its new stablecoin $USDT0 to its network, alongside Ethereum, Tron, and Ton. $USDT0 is Tether's new stablecoin, strategically designed to address $USDT's efficiency and interoperability challenges across chains.
TL;DR Tether partners with Arbitrum One blockchain for its new interoperable stablecoin, USDT0, aiming to enhance connectivity and liquidity across Ethereum, Tron, and TON. The integration uses Arbitrum's Legacy Mesh solution to facilitate seamless USDT transfers between major blockchains, reducing costs and increasing liquidity.
Tether has chosen Arbitrum as the infrastructure provider for its new crosschain stablecoin, USDT0, leveraging Arbitrum's Legacy Mesh technology.
The Arbitrum One blockchain will provide the core infrastructure for USDT0, the new, interoperable Tether stablecoin. The blockchain will host the Legacy Mesh solution to connect USDT deployments on Arbitrum, Ethereum, Tron and Ton to a unified USDT0 network.
Valued at more than $141 billion, Tether's USDt is the world's largest stablecoin by market capitalization and usage.
The cryptocurrency market is witnessing a modest rebound, but some altcoins struggle. SAND, APT, BERA, and ARB face declining momentum, raising concerns among analysts.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
Arbitrum's native cryptocurrency, ARB, has been experiencing a significant decline over the past month, leaving 99% of its holders at a loss. As the token struggles to recover, investors are questioning whether ARB is on the verge of a total crash or if it could bounce back.
Cryptocurrency prices remained under pressure last week as concerns about a trade war between the United States and its top trading partners remained.
Arbitrum has seen a major decline over the past week, leaving 0% ARB holders in profit.
Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations.
Quant (QNT) is currently at a pivotal point, with key levels of support and resistance potentially dictating its next price move. Despite a generally bullish outlook, recent market activity raises concerns over whether the token can sustain its momentum.
The crypto markets are trying to get stabilized after a massive downfall as the volume continues to rise to some extent. With this, the Bitcoin price is trying hard to reclaim the crucial resistance at $98,000, which may turn the tables for the token as well as the entire crypto market.
Quant's ability to break resistance and hold key support will be pivotal for future price action.
Arbitrum has deployed Balancer V3, a major upgrade that enhances network liquidity through advanced automated market maker features.
Balancer V3, an automated market maker (AMM), has launched on Arbitrum (ARB), according to the most recent reports shared with Finbold on February 6.
PancakeSwap has expanded its advanced trading features to Arbitrum, Linea, and Base. PancakeSwap was able to accomplish these features on Arbitrum (ARB), Linea, and Base by integrating Orbs' dLIMIT and dTWAP protocols, according to a note shared with crypto.news.
The dLIMIT and dTWAP protocols by Orbs are now also supported by the three networks.
Offchain Labs introduced a 'universal intent engine' to improve interoperability across Layer 2 blockchains.
Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.
Arbitrum has announced a significant integration with BitcoinOS (BOS), transforming its layer-2 network into a hybrid rollup that combines the best features of Ethereum and Bitcoin. This collaboration marks a groundbreaking development, offering a robust and interoperable scalability solution between the two ecosystems.
TL;DR The integration of BitcoinOS with Arbitrum allows for direct connection between BTC and ETH, without centralized intermediaries. BOS Grail facilitates trustless BTC transfers to Arbitrum, without third-party intervention, unlike WBTC. Arbitrum offers up to 40,000 transactions per second and nearly instant withdrawals.
"Arbitrum is pioneering a paradigm shift that ends competition and fragmentation between the two largest blockchains."
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they've spent 15 years starving for," said the CEO of BTC OS.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
The crypto market's sharp decline in the past 24 hours has triggered widespread losses, with Bitcoin's crash impacting altcoins significantly. Some tokens faced even deeper corrections, hitting new all-time lows amid the sell-off.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
ARB could record further market declines soon.
Quant (QNT) is among the altcoins to record decent gains in the past 24 hours. The native token of the distributed ledger technology platform built on Overledger and focused on interoperability, spiked to highs of $114.78 early Friday. QNT gains included a 8% surge in price and 10% increase in daily volume, which reached $42.
Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers.