ARB Surges 26% as Bitcoin, Ether Slide on Record Robinhood Chain Activity
Arbitrum rose 26% on Robinhood Chain's record fees, while BTC and ETH fell. ARB broke a six-week range but faces resistance and key dates in September.
Bitcoin, Ethereum and the wider digital asset market: price action, on-chain flows, protocol upgrades and institutional adoption.
Arbitrum rose 26% on Robinhood Chain's record fees, while BTC and ETH fell. ARB broke a six-week range but faces resistance and key dates in September.
Ethereum starts September at $2,452, with the $2,438 Fibonacci level as key support after a trendline breakout.
Robinhood Chain recorded over $1 billion in DEX volume, driven by meme coins PONS, AI, and CASHCAT, each showing distinct price movements.
Justin Sun says Forbes and Bloomberg undervalue his crypto by up to 80% and defends holding most of his assets in digital currencies.
DeFi Development Corp. plans to raise $20 million through preferred stock with a 13% dividend rate to buy more Solana (SOL).
Tether CEO Paolo Ardoino posted a cow GIF, confirming a 70% stake in agribusiness Adecoagro, whose stock rose nearly 6%.
Bitcoin fell after Fed Chair Warsh's hawkish speech at Jackson Hole. Traders now watch for a breakout of the 77K-80K range.
OpenPay has switched its cash-in feature back on, and PI remains above $0.091 after gaining 10% in August. The $0.1000–$0.1022 zone is key resistance.
August's 50 hacks set a 2026 monthly record, but total losses fell 49.5% to $136.3 million.
Bitcoin gained 25% in August on $3.5B ETF inflows, but September may see a pullback based on past patterns.
Crypto market up 0.87% on Tuesday; Trump rules out nuclear strike on Iran; Bitcoin ETF inflows halt but altcoin ETFs continue; Arbitrum surges 31.3% on…
Ethereum futures hold above VWAP at $2,477.70, with bulls maintaining a mild edge but facing resistance near $2,500.
Strive, BitMine, and MicroStrategy added to their crypto holdings, with Bitcoin buyers spending over $500 million. ETF inflows also surged.
Strategy criticized MSCI's proposal to exclude it from indexes, calling it discriminatory against digital asset firms.
Bitcoin barely moved after President Trump’s Iran threat, holding near $79,076 after a month of strong gains and heavy ETF inflows.