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news-imageApril 15, 2023

Weekly Cryptocurrency Market Analysis: Altcoins Continue To Rise As They Take Constructive Action

This week, the price of cryptocurrencies has risen above moving average lines.
Publisher: Coin Idol
Sentiment: Positive
ARB
CVX

More News Articles

Positive
cover-imageThe Cryptonomist
March 27, 2025

Tether launches USDT0 on the OP Superchain network, expanding the use of stablecoins on Ethereum

Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.

Positive
cover-imageCointelegraph
March 27, 2025

Tether's crosschain USDT0 stablecoin launches on OP Superchain

Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.

Positive
cover-imageCointelegraph
March 27, 2025

USDT0 deploys on OP Superchain

Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.

Positive
cover-imageCointelegraph
March 26, 2025

Bitso to launch Mexican peso-pegged stablecoin on Arbitrum

Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum.The stablecoin, MXNB, will be issued and managed by Bitso's newly established subsidiary Juno and will be fully fiat-backed by Mexican pesos on a one-to-one basis, Bitso Business said in a March 26 statement. Bitso Business' head of stablecoins, Ben Reid, said a primary use case for MXNB could be to promote foreign investment and trade in Latin American economies by providing a more “efficient way” to do business compared to traditional finance infrastructure.

Negative
cover-imageCointelegraph
March 25, 2025

Arbitrum DAO mulls winding down ‘unsustainable' Web3 gaming fund

Members of Arbitrum's decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency. On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst Program (GCP).

Positive
cover-imageTokenpost
March 18, 2025

Arbitrum Unveils Onchain Labs to Boost Early-Stage Projects

Offchain Labs and the Arbitrum Foundation have launched Onchain Labs, a new initiative to accelerate early-stage projects within the Arbitrum ecosystem. This program aims to provide go-to-market support for experimental and high-risk blockchain applications, fostering innovation and expansion.

Positive
cover-imageCointelegraph
March 13, 2025

DigiFT launches Invesco private credit token on Arbitrum

Digital asset exchange DigiFT has launched Invesco's tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets.According to a March 13 announcement, Invesco's US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network. The tokenized asset was launched on Feb. 19 and is designed to track the performance of a private credit fund managed by Invesco, a publicly traded investment manager headquartered in Atlanta, Georgia.

Positive
cover-imageCrypto Economy
March 11, 2025

Offchain Labs to Gradually Accumulate ARB in a Strategic Move

TL;DR Offchain Labs has announced a strategic plan to gradually increase its ARB reserves, reinforcing its commitment to the growth of the Arbitrum ecosystem. The company plans to acquire tokens through open-market purchases and other transactions, leveraging technical advancements such as Orbit, Arbitrum BoLD, and Stylus.

Positive
cover-imageInvezz
March 11, 2025

Offchain Labs announces ARB buyback plan to strengthen Arbitrum's ecosystem

Developers behind Arbitrum, Offchain Labs, have confirmed an impending strategic ARB buyback plan. The initiative involves gradual purchases of ARB assets via the open market and other transactions according to the plan. The move underscores Offchain Labs' dedication to enriching Arbitrum's growth and stability, positioning the blockchain as the leading Ethereum L2 scaling solution.

Negative
cover-imageInvezz
March 10, 2025

Arbitrum crisis worsens: 100% of ARB holders now at a loss

Cryptocurrencies continue to underperform despite highly-anticipated catalysts such as Donald Trump signing the crypto strategic reserve. Arbitrum has struggled with bearish tendencies recently, losing nearly 60% from $0.8 to $0.34 in the past three months. The significant dip has deteriorated ARB's profit margins, putting all holders at a loss.

Positive
cover-imageThe Currency Analytics
March 6, 2025

Arbitrum (ARB) Surges 12% After Robinhood Listing

Arbitrum (ARB), the popular Layer 2 solution for Ethereum, has seen a significant price surge following its recent listing on the Robinhood platform. The ARB token spiked by 12%, rising from $0.378 to $0.435, before easing slightly.

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