Arbitrum's ARB token has fallen below a crucial support level that had held since March, signaling increased selling pressure in a weak crypto market. Despite the decline, whale transactions and trading volume have surged, indicating active market participation and potential repositioning. Most traders hold long positions, suggesting bullish hopes remain, but the token's momentum currently favors sellers. The next key step for ARB is to reclaim the lost support zone to avoid further decline, as the market watches closely for signs of reversal.
DeXe (DEXE) surged 23.08% to $22.19, boosting its market cap to $1.03 billion, driven by growing interest in decentralized finance (DeFi). Other notable gainers include Zcash, BinanceLife, Ondo, and Venice Token, reflecting a broader altcoin rotation...
Blockworks Advisory announced it will step back from its governance role in the Arbitrum DAO, citing alignment with its business goals rather than a lack of confidence in Arbitrum. This move highlights growing tensions between DAOs and the original b...
