The post Arbitrum (ARB) Token Soars 19% on Robinhood Chain’s Record-Breaking Trading Volume appeared on BitcoinEthereumNews.com.
Key Highlights The ARB token climbed 19% within a 24-hour period, leading all top 100 digital assets Robinhood’s new blockchain, powered by Arbitrum technology, recorded $568 million in trading activity A revenue-sharing model returns 10% of Robinhood Chain’s net protocol earnings to Arbitrum Memecoin speculation accounted for significant volume, while stablecoin deposits exceeded $260 million Crypto strategist Michaël van de Poppe identified bullish technical signals across ARB trading pairs Arbitrum’s native ARB token experienced a remarkable 19% surge over 24 hours on July 9, claiming the position as the strongest performer within the top 100 cryptocurrency rankings. This upward momentum was fueled by impressive early metrics from Robinhood Chain, which completed its first week of public operation. Arbitrum (ARB) Price Robinhood Chain operates on Arbitrum’
The post Altcoin Whale Transactions Surge: MANA Up 833%, PENDLE 800% appeared on BitcoinEthereumNews.com.
When a metaverse token and a DeFi yield protocol suddenly top the whale activity charts, something is shifting in the order books. According to the on-chain update from Santiment, Decentraland’s MANA saw a 833% weekly increase in the number of whale transactions over $100,000. Pendle on Arbitrum wasn’t far behind at 800%, followed by a mix of stablecoins and smaller-cap tokens. The data highlights a sudden repositioning by larger wallets across a set of assets that don’t usually dominate whale activity rankings. USAT jumped 400%, MakerDAO’s DAI on Optimism also rose 400%, Telcoin climbed 350%, and Virtuals Protocol’s VIRTUAL recorded a 300% increase. Even stablecoin transfer counts spiked—MakerDAO’s USDS, for example, moved 154% higher in large transaction count. The screener, which tracks divergences in on-chain metrics, underscores how rapid shifts in whale behavior can signal un
The post RBI Ban Talk Returns: What It Means for Altcoin Access appeared on BitcoinEthereumNews.com.
India’s crypto debate just snapped back into focus. If you’re wondering whether altcoin access will get tougher, the short answer is yes, and the reasons are more structural than headline-driven. This piece breaks down what the Reserve Bank of India’s latest stance means day to day. We’ll get into banking rails, stablecoin premiums, enforcement heat, and the real choices Indian users and builders face over the next few months.
Editor’s note: Over Q1 and Q2 this year I watched INR stablecoin quotes slip away from spot FX on multiple P2P channels. After the ED headlines, a couple of OTC desks I speak with widened spreads and raised size minimums for a bit. Local exchanges also got more conservative around listings and payment options. None of this screams panic, but it does say the path of least resistance is narrowing. My own take is simple: the policy overhang is now the main driver o
The post This Trader Sold His CASHCAT for $711 Instead of Retiring: Here’s the Math appeared on BitcoinEthereumNews.com.
Key Takeaways Lookonchain says a trader sold 20M CASHCAT for $711, missing $2.7 million after the token’s July surge. CASHCAT hit an all-time high of $0.147 on July 8 as Robinhood Chain DEX volume topped $563 million. CASHCAT’s roughly $105 million market cap sits on about $6.6 million of liquidity, an exit-risk red flag. Meme Frenzy Continues The wallet spent 0.04 ETH, about $69, to buy 20 million CASHCAT, then sold the position for 0.415 ETH, roughly $711 (a solid 10x return). Lookonchain flagged the wallet, noting the tokens would now be worth over $2.7 million. Image source: X Cash Cat has been the breakout token of Robinhood Chain, the Ethereum layer 2 network the brokerage launched on July 1 using Arbitrum’s technology. The meme coin (which describes itself as “fan fiction with a ticker”) is built by outsiders around the cat-with-cash logo Robinhood used in its
Onchain analytics firm Lookonchain says a trader who spent just $69 on Cash Cat (CASHCAT) sold his 20 million tokens for $711, weeks before the Robinhood Chain meme coin’s vertical rally would have made the same stash worth more than $2.7 million. Meme Frenzy Continues The wallet spent 0.04 ETH, about $69, to buy 20 […]
The post JPMorgan’s $4.7T private blockchain warning just gave Bitcoin bulls fresh ammunition appeared on BitcoinEthereumNews.com.
JPMorgan sees Wall Street’s shift toward private blockchains as a deeper threat to Bitcoin than Strategy selling its BTC. JPMorgan warned that shifting tokenization, payments, and settlement onto closed networks could drain activity, liquidity, and capital from crypto while pushing valuations lower. Hybrid public-private systems, tighter stablecoin rules, and Bitcoin’s staying power as digital gold could still upset that outlook. Swift said 17 banks across six continents, including Citi, HSBC, Standard Chartered, UBS, Wells Fargo, and Itaú Unibanco, will begin testing live tokenized deposit payments on its new blockchain ledger, opening the door to round-the-clock transfers. DTCC said on May 4 that over 50 firms, among them BlackRock, Goldman Sachs, Morgan Stanley, Nasdaq, and NYSE, joined its tokenization working group, with limited production trades plann
The post Crypto Market Today – July 10th appeared on BitcoinEthereumNews.com.
The post Crypto Market Today – July 10th appeared first on Coinpedia Fintech News The cryptocurrency market gained 1.24% over the past 24 hours, lifting its total value to $2.19 trillion, with Layer-2 tokens leading the advance. The rally was driven by Robinhood’s new blockchain, Robinhood Chain, which is built on Arbitrum technology and will share 10% of its chain revenue with the Arbitrum ecosystem. The announcement helped push … Source: https://coinpedia.org/crypto-live-news/crypto-market-today-july-10th/
A beginner's step-by-step path into crypto sports betting for the World Cup: setting up a wallet, choosing a stablecoin, making a safe first deposit, placing and verifying a bet, and withdrawing, with the risks flagged at each step.
The post From Tokenized Stocks to CASHCAT appeared on BitcoinEthereumNews.com.
Robinhood Chain attracted huge trading volumes and new users, but skeptics flagged ownership limitations, bots, and fading meme coin momentum. Robinhood Chain has emerged as one of the crypto sector’s most talked-about topics. New data suggests that the discussions around the project have dominated social media since late Monday. According to Santiment, Robinhood’s early July launch of its Arbitrum-based Layer 2 network has shifted attention beyond its traditional stock trading business toward tokenized real-world assets (RWAs), DeFi, and broader on-chain financial services. Explosive Debut The network is designed to bring together tokenized stocks and ETFs, cryptocurrencies, lending, collateral, and eventually AI-powered trading within Robinhood’s existing retail ecosystem. The major focus of the discussions has been Robinhood’s Stock Tokens, which provide eligible users with economic exposure to stocks a