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.
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.
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.
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.
Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers.
Arbitrum (ARB) has experienced a sharp decline in recent weeks, leaving many investors facing significant losses. Over the past month, ARB has dropped by 19.42%, with its price falling from a high of $0.95 to $0.58, and it is currently trading at $0.63.
Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum's canonical stablecoin, maintaining the same contract address.
Arbitrum has experienced a sharp decline, leaving only a meager number of holders in profit.
Arbitrum became one of the first chains to migrate to USDT0, the cross-chain, interoperable version of Tether (USDT).
Tokenized T-Bills can now be traded on the Arbitrum network using Spiko's money market funds.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
Arbitrum's governance data shows that LobbyFi is now at the top spot among the DAO's delegates.
Arbitrum token may be on the verge of a strong bullish breakout as its ecosystem growth continues. Arbitrum (ARB) price dropped to $0.700, down by 45% from its highest level in December last year.
Data from DeFiLlama revealed that Arbitrum flipped its top rival, Base, by decentralized exchange (DEX) volumes.
Tandem, Offchain Labs' venture arm, invests in Camelot DEX, highlighting its role in Arbitrum's ecosystem with over $46 billion in traded volume and sustainable growth focus.