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news-imageOctober 14, 2023

Arbitrum chooses to fund PancakeSwap, GMX while Lido gets left out

Out of 100 applicants, Arbitrum chose to focus on derivative protocols and decentralized exchanges. However, approved projects need to report on their respective progress regularly.
Publisher: AMBCrypto
Sentiment: Positive
ARB
CAKE

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Positive
cover-imageCrypto news
January 13, 2025

PancakeSwap burns CAKE worth $19m

PancakeSwap, the multi-chain decentralized exchange, has successfully burned 9 million of the native token CAKE. The DEX platform, available across multiple chains, including BNB Chain, Ethereum, Aptos, Base, Arbitrum, and Linea, announced the token burn on Jan. 13.

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.

Positive
cover-imageThe Currency Analytics
January 7, 2025

Lido's Breakout: Will $2.70 Set the Stage for LDO's Next Big Move

Lido DAO (LDO) has captured the attention of the crypto community recently, as its price action has drives significant bullish potential. After breaking out of a falling wedge pattern, LDO's price trajectory is being closely watched by traders, with key support and resistance levels forming the backbone of its future movement.

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-imageThe Currency Analytics
December 31, 2024

Aerodrome Surpasses PancakeSwap, Eyeing DeFi Dominance

Aerodrome Finance has recently made a major impact in the decentralized finance (DeFi) space by surpassing PancakeSwap in market capitalization. This notable achievement has fueled discussions about the platform's potential to reshape the DeFi landscape and challenge established players like Uniswap.

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