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Arbitrum's $51M Token Unlock Approaches 🚀

BeInCrypto sent this email to their subscribers on August 14, 2024.

Also: Celestia's price outlook bleak & BlackRock's potential blockchain plans
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 ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
 IR DAILY CRYPTO l INSIGHTS | | A l

Today's Menu

  • Research: $10 Trillion AUM BlackRock Could Launch Its Own Blockchain

  • Binance on Toncoin (TON): Telegram's Web3 Push Drives Growth

  • Cardano (ADA) Risks 18% Fall as Demand Wanes

  • Arbitrum Volume Spikes, Dips Ahead of $51 Million Token Unlock

  • Celestia (TIA) Price Outlook Bleak Despite Recovery Attempts


🎯 Quick Bites: Your Crypto Market Snapshot 📈


🔗 BlackRock's Potential Blockchain Move

DeFi image

Token Terminal suggests that BlackRock, with $10 trillion in assets under management, could launch its own blockchain similar to Coinbase's Layer-2 network, Base. This move would allow BlackRock to keep track of its holdings across asset classes on a single, global, interoperable, and transparent ledger.

💡 Quick Take: Although it's speculative, such a move could revolutionize traditional finance, potentially streamlining operations, reducing costs, and improving transparency. Watch for any official announcements or regulatory developments that could open up the way for this initiative.

📱 Binance Honors Toncoin's Growth 

Coin image

Binance recently added Toncoin (TON) to its spot market, highlighting its growth potential and strong integration with Telegram. TON has risen 46% since its Binance listing, benefiting from Telegram's Web3 push and large user base.

💡 Quick Take: TON's Telegram affiliation positions it for significant impact across various sectors. Monitor TON's price action and adoption metrics, especially in relation to Telegram's Web3 initiatives.

📉 Cardano Risks 18% Fall

Img of a coin

Cardano (ADA) faces potential further decline as active addresses and whale activity decrease. The price-daily active address divergence stands at -30.89%, indicating weakening market sentiment.

💡 Quick Take: ADA could drop to $0.27, representing an 18% fall from its current $0.33 price. Watch for changes in on-chain activity and whale behavior as potential indicators of price direction.

🚀 Arbitrum's $51M Token Unlock Ahead

Coin image

Arbitrum (ARB) saw a sharp rise in trading volume ahead of its $51 million token unlock on August 16. ARB is trading at $0.57, up 14% over the past week but down 1.63% in the last 24 hours.

💡 Quick Take: Token unlocks often cause market volatility. Monitor ARB's price action and trading volume in the days leading up to and following the unlock event. Watch for potential support at $0.55 if selling pressure increases.

💫 Celestia's Bleak Price Outlook

Coins

Despite a 14.5% price increase over the past week, Celestia (TIA) faces challenges in sustaining its upward momentum. Social dominance has dropped to 0.07%, and the Accumulation/Distribution indicator suggests lack of buying pressure.

💡 Quick Take: TIA may consolidate between $4.67 and $5.71. Watch for changes in social sentiment and buying pressure as potential triggers for price movement. A break above $5.93 could knock out the bearish outlook.

Introducing TxSaver: A Smoother and Aafer Flow For Your DeFi Transactions

 ® (0x9420...78aB ® 0x8A7b...f501 ® 0x83f6...DAb4 ® 0x9807...fA9f - . \g/ . .‘. TV SRSEVETS

Aiming to both improve the overall UX and speed up the transaction sending process, TxSaver allows you to simply sign the wanted transaction and let it handle it for you.


The main benefits of using TxSaver include:


✔️ 0 MEV attacks — by using private RPCs we ensure your swaps are done at best rates.
✔️ 0 fees on failed transactions — any reverted transactions are fully on us.
✔️ 0 ETH needed for gas simply pay the transaction fees from your DeFi positions.
✔️ 0 additional fees — no extra costs applied besides the standard transaction fee.

Check It Out Today

Today's highlights

💰 New Starbucks CEO Could Reignite Crypto Foray

Starbucks appoints Brian Niccol as CEO, sparking speculation on potential crypto ventures. Niccol’s Chipotle success linked to digital innovation, including crypto promotions. Starbucks shares surge 22% following Niccol’s appointment, reflecting investor optimism.

Market Cap Dominance $214T |$64,08B | 56,17% S BTC
What did you think of today’s edition? It was lit! Meh... You missed the mark. s s s
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Not financial or tax advice. BEINCRYPTO content is strictly educational and is not an investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links to products that we use in this newsletter. We may receive a commission if you make a purchase through one of these links.

Text-only version of this email

Also: Celestia's price outlook bleak & BlackRock's potential blockchain plans       ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­   LATEST NEWS TRADING COMMUNITYAIRDROPS LATEST NEWS TRADING COMMUNITYAIRDROPS IR DAILY CRYPTO l INSIGHTS | | A l TODAY'S MENU * Research: $10 Trillion AUM BlackRock Could Launch Its Own Blockchain * Binance on Toncoin (TON): Telegram's Web3 Push Drives Growth * Cardano (ADA) Risks 18% Fall as Demand Wanes * Arbitrum Volume Spikes, Dips Ahead of $51 Million Token Unlock * Celestia (TIA) Price Outlook Bleak Despite Recovery Attempts 🎯 Quick Bites: Your Crypto Market Snapshot 📈 🔗 BlackRock's Potential Blockchain Move DeFi image Token Terminal suggests that BlackRock, with $10 trillion in assets under management, could launch its own blockchain similar to Coinbase's Layer-2 network, Base. This move would allow BlackRock to keep track of its holdings across asset classes on a single, global, interoperable, and transparent ledger. 💡 Quick Take: Although it's speculative, such a move could revolutionize traditional finance, potentially streamlining operations, reducing costs, and improving transparency. Watch for any official announcements or regulatory developments that could open up the way for this initiative. 📱 Binance Honors Toncoin's Growth  Coin image Binance recently added Toncoin (TON) to its spot market, highlighting its growth potential and strong integration with Telegram. TON has risen 46% since its Binance listing, benefiting from Telegram's Web3 push and large user base. 💡 Quick Take: TON's Telegram affiliation positions it for significant impact across various sectors. Monitor TON's price action and adoption metrics, especially in relation to Telegram's Web3 initiatives. 📉 Cardano Risks 18% Fall Img of a coin Cardano (ADA) faces potential further decline as active addresses and whale activity decrease. The price-daily active address divergence stands at -30.89%, indicating weakening market sentiment. 💡 Quick Take: ADA could drop to $0.27, representing an 18% fall from its current $0.33 price. Watch for changes in on-chain activity and whale behavior as potential indicators of price direction. 🚀 Arbitrum's $51M Token Unlock Ahead Coin image Arbitrum (ARB) saw a sharp rise in trading volume ahead of its $51 million token unlock on August 16. ARB is trading at $0.57, up 14% over the past week but down 1.63% in the last 24 hours. 💡 Quick Take: Token unlocks often cause market volatility. Monitor ARB's price action and trading volume in the days leading up to and following the unlock event. Watch for potential support at $0.55 if selling pressure increases. 💫 Celestia's Bleak Price Outlook Coins Despite a 14.5% price increase over the past week, Celestia (TIA) faces challenges in sustaining its upward momentum. Social dominance has dropped to 0.07%, and the Accumulation/Distribution indicator suggests lack of buying pressure. 💡 Quick Take: TIA may consolidate between $4.67 and $5.71. Watch for changes in social sentiment and buying pressure as potential triggers for price movement. A break above $5.93 could knock out the bearish outlook. Introducing TxSaver: A Smoother and Aafer Flow For Your DeFi Transactions ® (0x9420...78aB ® 0x8A7b...f501 ® 0x83f6...DAb4 ® 0x9807...fA9f - . \g/ . .‘. TV SRSEVETS Aiming to both improve the overall UX and speed up the transaction sending process, TxSaver allows you to simply sign the wanted transaction and let it handle it for you. The main benefits of using TxSaver include: ✔️ 0 MEV attacks — by using private RPCs we ensure your swaps are done at best rates. ✔️ 0 fees on failed transactions — any reverted transactions are fully on us. ✔️ 0 ETH needed for gas simply pay the transaction fees from your DeFi positions. ✔️ 0 additional fees — no extra costs applied besides the standard transaction fee. Check It Out Today Today's highlights 💰 New Starbucks CEO Could Reignite Crypto Foray Starbucks appoints Brian Niccol as CEO, sparking speculation on potential crypto ventures. Niccol’s Chipotle success linked to digital innovation, including crypto promotions. Starbucks shares surge 22% following Niccol’s appointment, reflecting investor optimism. Market Cap Dominance $214T |$64,08B | 56,17% S BTC What did you think of today’s edition? It was lit! Meh... You missed the mark. s s s Banner14 JOIN BE[IN]CRYPTO TRADING COMMUNITY ON TELEGRAM Ask questions - traders answer 😎 Banner12 TECHNICAL ANALISYS Banner13 Q&A WITH TRADERS Banner14 TUTORIALS & DEMO Banner15 AIRDROPS &  BONUSES Banner15 AMA SESSIONS Join the Be[in]Crypto Trading group and stay informed with regular analysis, trading tutorials and reviews on top crypto platforms. Ask questions and get technical analysis on the currencies you're interested in from pro traders and technical analysts. Stay informed, trade wisely! JOIN NOW Not financial or tax advice. BEINCRYPTO content is strictly educational and is not an investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links to products that we use in this newsletter. We may receive a commission if you make a purchase through one of these links. Fb XIgYtTelegram Copyright © 2024 BeInCrypto.com, All rights reserved. Suite 1701 –02A, 17/F, 625 King’s Road, North Point. Hong Kong For more information on the use of your personal data, we ask that you consult our
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