ARB Protocol

$ARB

Crypto prices rebounded today after a cooler-than-expected CPI print of 4.9% (vs. an expected 5.0%). The index for shelter was the largest contributor to the CPI increase, followed by increases in the index for used cars and trucks and the index for gasoline. At the time of writing, BTC -3.03%  is up 2.03%, and ETH -2.52%  is up 1.71%. After declining for the past few weeks and erasing much of their 2023...

Prices slid lower this morning ahead of the Fed's FOMC meeting at 2 pm ET before bouncing back after the Fed's interest rate decision of 25bps was released. Bitcoin and Ethereum are up 0.23% and 0.82%, respectively, while most altcoins are down. ARB -6.58%  is down 1.69%, SOL -2.05%  is down 2.13%, and LDO -4.13%  is down 3.72%. An exception to this is Bitcoin layer 2 blockchain, STX -6.22% , which is up 5.28% as...

Crypto had a choppy weekend, which concluded in prices falling last night. At the time of writing, BTC -3.03%  is down 3.68%, and ETH -2.52%  is down 2.15%. Altcoins were also down across the board, SOL -2.05%  is down 4.75%, and ARB -6.58%  is down 3.66%. An exception to this market correction is a new meme coin called PEPE which has rapidly made its way into the top 100 coins by market cap. PEPE...

Crypto markets bounced back sharply today, with BTC -3.03%  up 5.42% and ETH -2.52%  up 4.85%. Altcoins such as ARB -6.58%  and INJ -3.32%  had huge recoveries, up 15.0% and 28.9% from their lows yesterday. The biggest winner on this bounce has been RNDR -5.56% , up 40% from its lows yesterday and putting in new highs for 2023. Crypto's rally comes just after First Republic Bank shares hit record lows after depositors withdrew $100b. Traditional...

Equity indices are falling today amid an action-packed week of corporate earnings. The SPY 8.28%  (-0.81%) is trading just above $410, while the QQQ (-1.03%) is hovering around $313. After reaching its lowest level since November 2021, the VIX 0.45%  (+8.53%) is beginning to rise again. Crypto is in-line with equities as BTC -3.03%  (-0.49%) is trading at $27,300, and ETH -2.52%  (-1.39%) is trying to stay above $1,800. Arbitrum has completed its distribution...

Despite the VIX reaching its lowest point since January 2022 and the DXY moving lower, the NDQ and SPX traded flat on the day, reflecting a market on unsure footing following a morning of resilient earnings reports. In contrast, the overall crypto market is trading up 1.8% as both BTC -3.03%  and ETH strongly rebound from yesterday's pullback. Arbitrum (ARB -6.58% ) continues its impressive run, climbing another 5% today. GALA is outperforming...

After a choppy weekend, BTC -3.03%  and ETH -2.52%  are flat on the day, down 0.68% and up 0.06%, respectively. SPX is down 0.02% at the time of writing, and NDQ is down 0.92%. Most altcoins have underperformed BTC and ETH—SOL -2.05%  is down 1.32%, OP -8.62%  is down 1.82%, and ATOM -3.19%  is down 1.12%. Ethereum Layer 2, Arbitrum, was hit the hardest this weekend after the team backtracked on a governance proposal (which...

Stock are trading slightly lower relative to yesterday's close after the 10Y yield plunged overnight before rebounding at writing. SPX and QQQ are trading at -0.2% and -0.4%, respectively. Correlations between digital asset markets and traditional markets also continue to break down since two weeks ago. BTC -3.03%  and ETH -2.52%  are trading -1.6% and -3.2%, respectively. The market-wide price decrease followed the SEC's bulletin urging investors to exercise caution when investing in digital...

Markets are rallying today following yesterday’s FOMC meeting where the Fed unanimously decided to raise interest rates by another quarter point. The S&P 500 and Nasdaq 100 have both risen over 1%, while US Treasury yields and the US dollar are showing declines. BTC -3.03%  (+4.25%) and ETH -2.52%  (+5.24%) are displaying strength amid Arbitrum’s native token launch (ARB -6.58% ), which has injected over $1 billion of fresh capital into the crypto ecosystem....