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news-imageFebruary 15, 2024

ApeCoin Chooses Arbitrum for ApeChain Development with Horizen Labs Backing

TL;DR ApeCoin DAO has decided to develop its own ApeChain network on Arbitrum, a layer-2 Ethereum scaling solution, to handle high transaction volumes with lower fees. This decision is backed by Horizen Labs, known for its robust and secure blockchain platforms.
Publisher: Crypto Economy
Sentiment: Positive
APE
ARB

More News Articles

Positive
cover-imageThe Currency Analytics
January 10, 2025

Arbitrum DAO Proposes Major Upgrade: Bold Protocol Set to Revolutionize Security on Arbitrum Chains

The Arbitrum DAO has opened an important vote on a proposal that could significantly enhance the security and decentralization of the Arbitrum ecosystem. The proposal seeks to transition both Arbitrum One and Arbitrum Nova to the Bounded Liquidity Delay (Bold) protocol, a major upgrade that promises to improve network security and ensure greater transparency.

Positive
cover-imageCryptonews
January 8, 2025

Raredex.io Launches Live Exchange for Tokenized Rare Earth Metals on Arbitrum

Raredex.io's new exchange allows trading of tokenized rare earth metals on the Arbitrum blockchain. With blockchain technology enabling fractional ownership and secure storage, investors can access this once-exclusive market with traceable ownership of real-world assets. The post Raredex.io Launches Live Exchange for Tokenized Rare Earth Metals on Arbitrum appeared first on Cryptonews.

Negative
cover-imageThe Currency Analytics
January 1, 2025

Arbitrum Struggles at $0.72 Amid Bearish Momentum

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.

Negative
cover-imageInvezz
December 31, 2024

Weak market sentiment leaves 80% of Arbitrum (ARB) holders at a loss

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.

Positive
cover-imageCrypto Economy
December 24, 2024

Grayscale Expands Its Crypto Portfolio with the Launch of the Horizen (HZEN) Trust

TL;DR Grayscale Investments filed Form 8-K for Horizen Trust, revealing the issuance of 3,565,200 shares backed by 304,034 ZEN tokens. Horizen Trust offers accredited investors secure and regulated access to the Horizen blockchain platform, featuring a mechanism to protect against market volatility. In 2024, Grayscale expanded its portfolio with new trusts, including Sky and Bittensor.

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