Cryptocurrency News
Following a quick bounce from a two-month low, ARB climbed above a key psychological level and later lost momentum due to a rejection. It quickly turned weak again and now trades back near its recent low. Arbitrum went through a lot of reductions in the last two months, losing more […]
Two weeks ago, Arbitrum ARB climbed back above a key psychological level after dipping near the bottom during the last correction. It is currently in the middle of consolidation, gathering volatility for the next major move. Looking back from where the price started to drop in January, ARB went through […]
ARB appeared to have found support with the latest positive actions across the market. Although, it remains bearish weekly as it may dip lower in the coming week. Otherwise, more recoveries are expected. As expected in the past months, Arbitrum’s price corrected deeper for three weeks and traded as low […]
Arbitrum’s value has seen a continuous decline as the new trading week unfolds, with a 4% decrease recorded today. Spotonchain reports indicate that Wintermute Trading has made additional deposits of 5 million ARB ($8.24 million) to Binance, averaging at $1.65 over the past 6 hours. Notably, this market maker has […]
In March, Arbitrum ARB tokens have been experiencing notable movement onto exchanges, contributing to declines across monthly, weekly, and daily charts, with losses of 14%, 6%, and 3% respectively. According to reports from Spotonchain, the past week has seen significant activity from two tier-1 market makers, GSR Markets and Wintermute, […]
Following the recent release of a substantial number of vested tokens on March 16, whales holding Arbitrum (ARB) tokens have begun transferring their digital assets to cryptocurrency exchanges. On March 16, Arbitrum unlocked a staggering 1.1 billion ARB tokens, valued at $2.32 billion. This significant unlocking coincided with a market […]
While most altcoins print new highs in the recent bullish cycle, Arbitrum remained quiet and struggled to advance higher. It lost ground following an 18% weekly cut amidst the latest crackdown in the market. Following a steady climb from $1.55 in late January, ARB registered an impressive gain and almost […]
The cryptocurrency community is bracing for potential price fluctuations in ARB tokens as a significant number of tokens are set to be unlocked soon. On March 16, 1.11 billion ARB tokens, amounting to $2.26 billion and constituting 76.62% of the circulating supply, will become available for trading. This unlocking event […]
The native token of Arbitrum, a blockchain network designed to enhance scalability for Ethereum, has recently encountered a significant price correction. With the token’s value dipping to $1.84 in the past 24 hours, marking a 9% decline, investors have been closely monitoring its performance. At the time of writing, there […]
Arbitrum ARB retested a key breakdown level as resistance today and failed to advance higher. It remains bullish on the daily chart and is now looking set for another surge in volatility. A key level for a breakup lies ahead. During last month’s correction, ARB tested the low of $1.56 […]
The past 9 days saw Arbitrum, ARB through a notable recovery of about 15%. But it appeared the bears are back following yesterday’s interception. The price is back under $1.8 and is now looking poise for a big sell-off. A quick recap from the peak of $2.42 where ARB started […]
Arbitrum stands out as a powerhouse in the Layer 2 (L2) ecosystem, consistently processing the majority of L2 transaction volume, often exceeding 60% of the total daily L2 volume, as reported by Intotheblock data. Arbitrum generally processes the majority of L2 transaction volume, frequently reaching more than 60% of the […]
ARB lost more than 16% in the last 7 days but has taken a slight break after finding a temporal support some days back. It appears set for a small gain but is more likely to resume selling pressure shortly. After initiating sell off from a 10-month peak two weeks […]
Yesterday saw ARB through a major crack below a psychological level after losing steam for a week. Although, it has charted a notable loss in three days. It may retake the cracked level if the market recovers. Last week, ARB reached its highest price level of $2.42 after witnessing a […]
$XAI, a pioneering Layer 3 blockchain designed specifically for gaming utilizing $ARB technology, has swiftly rebounded with a robust 42% surge, establishing itself as a standout performer in the burgeoning GameFi sector. The digital asset recently achieved a new all-time high (ATH) after experiencing a dip post-airdrop on January 9, […]
Despite slight decrease in the global market cap today, ARB defies the odd and posted 5% gain. It bounced off a key support level few days ago and now aiming to retake previous resistance. The price may breakup soon. Last week, Arbitrum reached a new high of $2.1 after rallying […]
ARB has been gaining traction since the price surged through a key supply zone some weeks back. It remained strong daily and continued to surge until the price broke out to a new high today. Two weeks ago, ARB broke out of a key supply zone after experiencing weeks of […]
ARB bounced back today and continued to gain traction on the daily scale. However, it faced a rejection and failed to push above the weekly high. The price still looks strong with a 14% increase in the past week. While some altcoins are still in the red today, ARB found […]