ArkotNews

The Arbitrum Foundation has pledged not to move 700 million ARB tokens until the DAO passes a budget for handling the controversial sum.

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”

Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.

Web3 consumer engagement models are still in their infancy, but could have the potential to unlock incremental value and enable price discovery for creators and investors alike.

Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.

Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.

DOGE surged on April 3 after Elon Musk's social-media company inexplicably removed its blue bird logo, replacing it with dogecoin's mascot.

The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.

It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.